Yukon research and development tax credit

You can claim this credit if you have a permanent establishment in the Yukon at any time in the year, and if you incurred qualified expenditures in the year, for scientific research and experimental development carried on in the Yukon.

The credit is equal to the total of the following amounts:

• 15% of eligible expenditures incurred in the year; and
• 5% of eligible expenditures included above paid or payable to the Yukon College.

The credit is fully refundable, but must first be applied against total taxes payable. There are no carry-back or carry-forward provisions.

Claiming the credit

File Schedule 442, Yukon Research and Development Tax Credit, with the return. See the schedule for more details.

On line 698 of Schedule 5, Tax Calculation Supplementary - Corporations, enter the amount of the credit you are claiming.

Forms and Publications

• Schedule 442, Yukon Research and Development Tax Credit
• Schedule 5, Tax Calculation Supplementary - Corporations

Government partners

• Yukon (territorial site)