Small Business Investor Tax Credit
The New Brunswick Small Business Investor Tax Credit provides a 50% (for investments made after April1, 2015) non-refundable personal income tax credit of up to $125,000 per year (for investments of up to $250,000 per individual investor) to eligible individual investors who invest in eligible small businesses, community economic development corporations and associations in the province. For a corporation and trust eligible investor, the New Brunswick Small Business Investor Tax Credit provide a 15% non- refundable corporate income tax credit of up to $75,000 per year (for investments of up to $500,000).
In the event that an investor cannot use the entire Small Business Investor Tax Credit amount in a given year, the tax credit can be carried forward seven years or back three years.
Related Forms
Phase 1: Application for a Certificate of Registration
For an applicant corporation:
Phase 2: Application for a Tax Credit Certificate
Phase 3: Annual Reporting
For an applicant community economic development corporation or association:
Phase 1: Application for a Certificate of Registration
- Community economic development corporation/Association Application for registration
- Applicant Community economic development corporation/Association director’s statement
- Applicant Community economic development corporation/Association potential investor statement
- Community economic development corporation/association Appendix A
- Community economic development corporation/association Schedule I
Phase 2: Application for a Tax Credit Certificate
- Community economic development corporation/Association Application for an investor tax credit certificate
- Community economic development corporation/Association Individual Investor Statement
- Community economic development corporation/Association Corporation or trust investor statement
- Community economic development corporation/association Appendix A
Phase 3: Annual Reporting
Disclaimer
This Internet site is intended to provide information respecting application under the Province of New Brunswick Small Business Investor Tax Credit Act and should not be regarded as a replacement of the laws, regulations or administrative documents to which it refers.