Mesures incitatives pour l’agriculture à valeur ajoutée en Saskatchewan

À propos du programme

The Saskatchewan Value-Added Agriculture Incentive is a tax rebate on capital expenditures valued at $10 million or more for agriculture facilities.

Saskatchewan Value-added Agriculture Incentive The Saskatchewan Value-added Agriculture Incentive (SVAI) is a non-refundable, non-transferable tax credit on capital expenditures valued at $10 million or more for newly constructed or expanded value-added agriculture facilities in Saskatchewan. The SVAI utilizes a graduated tax credit structure for rebates, as follows: 15 per cent tax credit on expenditures up to 400M; 30 per cent tax credit on expenditures between $400M and $600M; and 40 per cent tax credit on expenditures exceeding $600M. The total incentives to be claimed by any single project is $250M. Companies apply the credit against corporate income tax (CIT) paid and are able to claim the credit over a three- to 10-year period once the new or expanded facility is brought into operation. Value-added agriculture is defined as: The physical transformation or upgrading of any raw/primary agricultural product(s) or any agricultural byproduct or waste into a new or upgraded product . This definition excludes facilities solely dedicated to cleaning, bagging, handling and/or storing of primary products. The SVAI is administered by the Ministry of Trade and Export Development.