Tax Incentives
Program | Summary | Sector | Intake Period / Effective Date | Date Information Updated |
---|---|---|---|---|
County of Wetaskiwin Non-Residential Tax Incentive | On May 8, 2023, County Council passed a Non-Residential Tax Incentive Bylaw to encourage the development of non-residential properties in the County of Wetaskiwin. The tax incentive will be calculated for three (3) years under a 50/30/10 rule. In the first year, the municipal tax payable will be reduced by 50%; in the second year, the municipal tax payable will be reduced by 30%; and in the third and final year the municipal tax payable will be reduced by 10%. | Not sector specific | Ongoing | 2024/07/24 |
Scientific Research and Experimental Development (SR&ED) | The Scientific Research and Experimental Development (SR&ED) tax incentives are intended to encourage businesses to conduct research and development in Canada. | Research and development | 2024/07/24 | |
Film and Television Tax Credit | The Film and Television Tax Credit (FTTC) offers a refundable Alberta tax credit certificate on eligible Alberta production and labour costs to corporations that produce films, television series and other eligible screen-based productions in the province. Applicants may apply for either a 22% or 30% tax credit rate. | Film and television | Accepting Applications | 2024/07/24 |
Alberta Agri-processing Investment Tax Credit | Corporations can apply to this program when they invest at least $10 million to build or expand value-added agri-processing facilities. | Agri-Processing | Accepting Applications | 2024/07/24 |