SIFIDE is the System of Tax Incentives in Research and Business Development, a tax instrument that aims to increase the competitiveness of companies by supporting their efforts in Research & Development (R&D) activities.
This incentive allows companies to deduct up to 82.5% of R&D (Research and Development) expenses from the amount of the collection.
For companies that do not conduct R&D activities internally, they can benefit from this tax incentive through R&D Investment Funds.
This means that the amount invested in these funds, recognised by the ANI (National Innovation Agency), can be included in the application to SIFIDE and thus benefit from the tax incentive in irc, which can amount to 82.5% of the amount invested.
How can Moneris help?
In moneris’ Corporate Finance area, we have a team dedicated to tax incentives, which provides you with specialized support in identifying and accessing the investment support tax measures available to your company.
In the context of SIFIDE, companies can enjoy a collection deduction of up to 82.5% of internal R&D expenses or investments in R&D funds.
If you would like to consider this investment option, please contact your Moneris manager or contact us at email@example.com.
Investments made until December 31, 2022 guarantee the benefit still in this fiscal year.