Programs & Services
Manufacturing & Processing Investment Tax Credit
The Saskatchewan Investment Tax Credit (ITC) for Manufacturing and Processing (M&P) is available to all M&P corporations filing a T2 Corporation Income Tax Return (schedule 402) with some allocation of taxable income to Saskatchewan. It is designed to encourage plant and equipment investment for use in M&P activities in Saskatchewan. The ITC applies as a percentage of the total capital cost of eligible new and used M&P building, machinery and equipment purchases made during the year, including installation costs.