Canadian Institute of Chartered Accountants Weigh in on SR&ED Contingency Fees

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According to Gabe Hayos, the Vice President of the Canadian Institute of Chartered Accountants (CICA), the CICA Tax Policy Committee believes that contingency fee arrangements are a vital component of Canada’s SR&ED tax credit system. Consultants play a valuable role in encouraging taxpayers to participate in the program and increase their investments in innovation.

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