Précis: This is somewhat of an oddball case involving entitlement to refundable SRED credits. The taxpayer was owned as to 51% (through an intermediary corporation) by Kruger Inc. (“Kruger”) and as to 49% by SGF Rexfor Inc. (“SGF”) (a company owned by the Government of Quebec). It was common ground that if...
Kruger v. R. - FCA: Court of Appeal upholds Tax Court decision denying SRED creditsREAD MORE »