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Saskatchewan Commercial Innovation Incentive will offer a 6%
corporate income tax rate on income earned from the commercialization of
qualifying intellectual property in Saskatchewan.
Research and Development Tax Credit will be reformed effective
April 1, 2017, targeting smaller and medium-sized innovation companies with
a refundable tax credit, while putting a cap on the existing non-refundable
Investment Tax Credit Rate for capital acquisitions for use in
manufacturing and processing is increased to 6% effective March 23, 2017.