Small business tax credit

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About the program

Get a reduced tax rate if you own a Canadian-controlled private corporation with revenues of less than $500,000.
The SBD reduces the corporate income tax that a corporation would otherwise have to pay in a taxation year throughout which it was a Canadian-controlled private corporation (CCPC). A corporation’s SBD for a taxation year is generally calculated by multiplying its SBD rate by the lesser of its:

  • income for the year from an active business carried on in Canada, excluding certain income and exceeding certain losses;
  • taxable income for the year; and
  • business limit for the year.


Eligibility: Did not find the Eligibility

How to apply

Give your application the best chance at approval. AKR Consulting has an 99% approval rating across all<u> Canadian funding programs.</u>

For any inquiry, please call: AKR Consulting Canada at 905-678-6368


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