Saskatchewan Manufacturing and Processing Profits Tax Reduction
SK, Canada
Income tax reduction for manufacturing and processing in Saskatchewan
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Tax Credits
grant_single|eligibleIndustries
- Manufacturing
grant_single|grantors
- Ministry of Finance (SK)
- Canada Revenue Agency (CRA)
- Government of Saskatchewan
grant_single|status
grant_card_status|open
grant_single_labels|preview
Corporation income tax is reduced by as much as 2% on Canadian manufacturing and processing profits, as reported on the T2 CIT return.
grant_single_labels|projects
grant_single|admissibleProjectsExample
$20,000
Upgrading technology infrastructure in a local food processing plant
$40,000
Establishing a green technology research lab for renewable energy
$20,000
Creating an advanced recycling program for electronic waste
$18,000
Developing a sustainable packaging line using recycled materials
$20,000
Launching a new line of organic skincare products
grant_single_labels|contact
sasktaxinfo@gov.sk.ca
1-800-667-6102
