Income Tax Act — I-3.3 (a)
ed (i) before 1987, 7%, (ii) in 1987, 5%, and (iii) in 1988, 3%, (d) in respect of certified property (i) included in subparagraph (a)(i) of the definition certified property in this subsection, 50%, (ii) included in subparagraph (a)(ii) of that definition, 40%, and (iii) in any other case, 30%, (e) in respect of a qualified expenditure (i) made after March 31, 1977 and before November 17, 1978 in respect of scientific research and experimental development to be carried out in (A) the Province of Nova Scotia, New Brunswick, Prince Edward Island or Newfoundland or the Gaspé Peninsula, 10%, (B) a prescribed designated region, 7 1/2%, and (C) any other area in Canada, 5%, (ii) made by a taxpayer after November 16, 1978 and before the taxpayer’s taxation year that includes November 1, 1983 or made by the taxpayer in the taxpayer’s taxation year that includes November 1, 1983 or a subsequent taxation year if the taxpayer deducted an amount under section 37.1 in computing the taxpayer’s income for the year, (A) where the expenditure was made by a Canadian-controlled private corporation in a taxation year of the corporation in which it is or would, if it had sufficient taxable income for the year, be entitled to a deduction under section 125 in computing its tax payable under this Part for the year, 25%, and (B) where clause (A) is not applicable and the qualified expenditure was in respect of scientific research and experimental development to be carried out in (I) the Province of Nova Scotia, New Brunswick, Prince Edward Island or Newfoundland or the Gaspé Peninsula, 20%, and (II) any other area in Canada, 10%, (iii) made by a taxpayer in the taxpayer’s taxation year that ends after October 31, 1983 and before January 1, 1985, other than a qualified expenditure in respect of which subparagraph (ii) is applicable, (A) where the expenditure was made by a Canadian-controlled private corporation in a taxation year of the corporation in which it is or would, if it had sufficient taxable income for the year, be entitled to a deduction under section 125 in computing its tax payable under this Part for the year, 35%, and (B) where clause (A) is not applicable and the qualified expenditure was in respect of scientific research and experimental development to be carried out in (I) the Province of Nova Scotia, New Brunswick, Prince Edward Island or Newfoundland or the Gaspé Peninsula, 30%, and (II) any other area in Canada, 20%, (iv) made by a taxpayer (A) after the taxpayer’s 1984 taxation year and before 1995, or (B) after 1994 under a written agreement entered into by the taxpayer before February 22, 1994, (other than a qualified expenditure in respect of which subparagraph (ii) applies) in respect of scientific research and experimental development to be carried out in (C) the Province of Newfoundland, Prince Edward Island, Nova Scotia or New Brunswick or the Gaspé Peninsula, 30%, and (D) in any other area in Canada, 20%, and (v) made by a taxpayer after 1994, 20% where the amount is not an amount to which clause (B) applies, (f) in respect of the repayment of government assistance, non-government assistance or a contract payment that reduced (i) the capital cost to the taxpayer of a property under paragraph 127(11.1)(b), (ii) the amount of a qualified expenditure incurred by the taxpayer under paragraph 127(11.1)(c) or 127(11.1)(e) for taxation years that began before 1996, or (iii) the prescribed proxy amount of the taxpayer under paragraph 127(11.1)(f) for taxation years that began before 1996, the specified percentage that applied in respect of the property, the expenditure or the prescribed proxy amount, as the case may be, (f.1) in respect of the repayment of government assistance, non-government assistance or a contract payment that reduced (i) a qualified expenditure of a taxpayer under any of subsections (18) to (20), for the qualified expenditure incurred (A) before 2015, 20%, and (B) after 2014, 15%, (ii) the amount of eligible