eBusiness Tax Credit as an Alternative to BC SR&ED

BC's Scientific Research & Experimental Development tax credit helps BC businesses compete better in a knowledge-based economy. However it is restricted to activities designed to overcome technological uncertainties in certain disciplines. It excludes activities in the social sciences which include business processes. It could be argued that this effectively excludes some of the most creative and useful work in software development. We have already recognized the importance of the gaming industry to the province with our BC Interactive Digital Media Tax Credit. Why is computer gaming more important that software as a service? We should encourage BC companies to commercialize technology and creative ideas that include business processes. Canadian companies do very well at technology, but invariably struggle when it comes to commercializing and integrating technologies and business processes. This is a natural result of the fact that we are a very small market when compared to our southern neighbours.

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