Tax credit for technological adaptation services

To be eligible for the tax credit for technological adaptation services, a qualifying company must: - Have an establishment in Quebec and operate an eligible business there. - Have entered into a contract with an eligible College Technology Transfer Center (CCTT) or Liaison and Transfer Center (CLT). - Not be exempt from tax and not be a Crown corporation or a wholly-owned subsidiary of such corporation. If the company is a member of a qualifying partnership, it can claim the tax credit for its share of the partnership's eligible expenses. The eligible expenses include fees for eligible transfer and liaison services provided in Quebec by the CCTT or CLT, as well as costs for participation in training and information activities related to these services offered by the CCTT or CLT. Expenses eligible for other research and experimental development tax credits are not eligible for this tax credit. The tax credit rate is 40% of eligible expenses paid at the time of the claim.

- Companies must be eligible and have an establishment in Quebec. - Companies must operate an eligible business in Quebec. - Companies must have a contract with an eligible CCTT or CLT. - Companies must incur eligible expenses within the scope of the contract. - Expenses must be paid at the time of the tax credit application. - Certain types of companies are not eligible for the tax credit. - Expenses must be related to eligible services provided by the CCTT or CLT. - Expenses may include fees for eligible services, training, and information activities offered in Quebec. - Participation in ad-hoc training activities may be considered eligible. - Expenses must not be eligible for other specific research and experimental development tax credits.

- Eligible companies must have an establishment in Quebec and operate an eligible business. - Contracts must be with approved technology transfer or liaison centers. - Companies exempt from tax or Crown corporations are not eligible. - Members of eligible partnerships can apply for the tax credit based on their share of expenses. - Qualified expenses include fees for technology transfer services and training activities in Quebec. - Expenses cannot be claimed under other R&D-related tax credits.