Contribution: Industrial Research Assistance Program – Contributions to Firms
Passiv Inc
$45,000.00
Design and Develop an Automated Tax Optimization Module
FY 2020-21 · 2020-04-01
Summary
Design and develop a system for minimizing the tax burden to self directed investors. The solution will be an automated system for tax loss harvesting, discovering optimal asset location, and transaction management as groundwork for a comprehensive wealth management suite.
Department
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Recipient
Location
Fredericton|Fredericton, New Brunswick, Canada
Recipient Type
For-profit organization
Business Number
793555111
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
As published
Agreement End Date
2021-03-12
Agreement Number
947022
Agreement Start Date
2020-04-01
Agreement Title
Design and Develop an Automated Tax Optimization Module
Agreement Title (French)
Concevoir et mettre au point un module automatisé d'optimisation fiscale
Agreement Type
Contribution
Agreement Value
$45,000.00
Amendment Number
0
Coverage
IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation. | Les projets des Contributions aux entreprises stimulent la création de richesse au Canada grâce à l’innovation technologique.
Description
Design and develop a system for minimizing the tax burden to self directed investors. The solution will be an automated system for tax loss harvesting, discovering optimal asset location, and transaction management as groundwork for a comprehensive wealth management suite.
Description (French)
Concevoir et mettre au point un système permettant de réduire au minimum la charge fiscale des investisseurs autogérés. La solution consistera en un système automatisé de récupération de pertes fiscales, de découverte de l'emplacement optimal des actifs et de gestion des transactions, qui servira de base à une gestion complète du patrimoine.
Expected Results
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Expected Results (French)
Le PARI, par le biais des Contributions aux entreprises, vise à appuyer la recherche, le développement, l’adaptation et/ou l’adoption au Canada de produits, de services ou de processus novateurs ou axés sur des technologies nouvelles ou améliorées, et ce jusqu’à leur commercialisation
Federal Riding
Fredericton
Federal Riding (French)
Fredericton
Federal Riding Number
13003
NAICS Code
511211
Organization Code
nrc-cnrc
Organization
National Research Council Canada | Conseil national de recherches Canada
Program Name
Industrial Research Assistance Program – Contributions to Firms
Program Name (French)
Programme d’aide à la recherche industrielle – Contributions aux entreprises
Program Purpose
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Program Purpose (French)
Le PARI, par le biais des Contributions aux entreprises, vise à appuyer la recherche, le développement, l’adaptation et/ou l’adoption au Canada de produits, de services ou de processus novateurs ou axés sur des technologies nouvelles ou améliorées, et ce jusqu’à leur commercialisation
Recipient Business Number
793555111
Recipient City
Fredericton|Fredericton
Recipient Country
CA
Recipient Legal Name
Passiv Inc
Recipient Postal Code
E3B 1P8
Recipient Province or Territory
NB
Recipient Type
F
Reference Number
172-2019-2020-Q4-947022
