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Can a SR&ED claim trigger an audit?

April 26, 2017audit claim sr&ed Trigger

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Can a SR&ED claim trigger an audit?

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From time to time, the CRA will pick an organization for either a financial, technical, or combined (i.e. financial and technical) review. The purpose of these reviews is to substantiate the SR&ED claim, to ensure that the organization understands how to differentiate SR&ED eligible activities from routine work, and ensure the appropriate costs are being captured. SR&ED reviews are limited to a review of the SR&ED claim being processed and do not trigger full financial audits of the claimant.