The Scientific Research and Experimental Development (SR&ED) Program provides tax incentives to Canadian businesses that conduct SR&ED in Canada. Replicon Inc. beat the odds in a challenging business environment by capitalizing on the Federal SR&ED tax program. Replicon reinvested capital gains of almost $900,000, funding technological breakthroughs that have made the company a leader in web based software and resulted in 400% growth over three years. Web Based Timesheet software has been implemented to automatically track R&D work.
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