Revision to Application Policy SR&ED 2002-02R Dated July 29, 2005
Today the CRA issued version R2 of the above cited application policy. They state in the policy that the purpose of the revision is to clarify the methodology that claimants should use to distinguish between experimental production (EP) and experimental development (ED) work that occurs in conjunction or simultaneously with commercial production (CP+ED). EP and the ED part of CP+ED are eligible. The purpose of distinguishing between EP and CP+ED is to isolate the ineligible CP.
There are significant revisions between the versions of this policy. You can obtain a copy by clicking on the link below.
