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All equity authorizations may be suspended at any time with limited notice. Investors should be made
that once the tax credit limit has been reached an investment in the VCC or EBC will not qualify for tax credits.
The 2008 tax credit budget is limited by section 29.1 of the
Small Business Venture Capital Act
and section 21 of the
Regulations.
Due to high program demand, VCCs and EBCs are encouraged to advise investors interested in receiving a
tax credit to complete a
Share Purchase Report
as soon as possible for submission by the VCC or EBC. Tax credit certificates will not be issued on
investments made once the tax credit limit has been reached.
Program registrants must report to the branch, on or before March 1st, June 1st, September 1st
(and other dates that may subsequently be determined), the amount of
equity capital it has raised under this authorization.
Allocations are not guaranteed. Only Share Purchase Reports
received by the branch will be recorded against the available tax
credit budget.
 Share Purchase Report
(PDF)
(MSWord)
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