Success Stories

Some of Global R&D's Success Stories

Global R&D has helped a broad range of companies realize their entitlement to R&D tax credits. Clients have ranged from large multinational corporations to smaller startup businesses, and included companies that:

  • were not aware of their eligibility for the program and were not filing a claim
  • are filing claims, but who were not capturing all eligible work
  • were advised that they were not eligible
  • were filing internally but were initially rejected by taxation auditors, and
  • chose to focus on their core business and outsource the claim process to external specialists.

Global consultants were able to simplify the claim process, identify all eligible activities and costs, and ensure that the maximum R&D entitlement was claimed.


Successful case histories include

(These success stories are real projects. The information has been generalized to protect client confidentiality.)

Entity A is a multi-national manufacturer providing goods for a major industrial sector. Entity A has recently expanded operations by acquiring an existing business in the United States. Entity A was introduced to Global R&D by a vendor of the newly acquired business. Entity A was familiar with IRC §41 and believed the new acquisition would be treated as a Start-Up Company for purposes of the Research Tax Credit. Entity A thought that it would be prevented from achieving a Research Tax Credit by a high Fixed Base Amount under the Start-Up definition.

With extensive experience in this area, Global R&D was able to demonstrate that the acquisition could be treated as a Continuing Business under IRC §41. Consequently, the operations of the acquisition were able to qualify for substantial Research Tax Credits under the Continuing Business definition.

Global R&D completes Research Tax Credit projects for Entity A with performance based fees addressing all US operations.

It is possible for most acquisitions to be treated as Continuing Businesses under IRC §41, even under a variety of methods of acquisition (Section 351, Section 368, Section 338(h)(10), etc.). In many cases, this fact greatly expands the Research Credit opportunity for growing businesses.

Multinational Business

Research Credit benefits annually go to the very largest US corporations with huge legal and accounting resources. Smaller companies lack a mechanism for identifying and documenting their Research Credits. They are often unaware that this benefit is available to them.

The company is a mid-sized multi-national manufacturer with world-wide operations and less than 100 million in annual revenues. It was established in the US many years ago and had never examined their Research Tax Credit potential. They were introduced to Global R&D by a public accounting firm seeking company’s business.

Global R&D completed a Research Credit project with performance based fees for company addressing operations in the United States and Canada (Canada has an SR&ED tax credit similar to the Research Credit). The project required careful, expert qualification of expense for activities performed jointly by US and Canadian operations. With extensive experience and comprehensive technical understanding of company’s products and manufacturing requirements, Global R&D was able to complete this project on an accelerated schedule to meet critical filing dates.

Working with Global R&D, company received combined Research and SR&ED Tax Credits in excess of $700,000 and is claiming on a yearly basis.


Other Success Stories

Aerospace Industry

Following the presentation of a seminar on R&D tax credits, Mr. deBlois was approached by the management of a company in the aerospace industry that, despite the formal opinion of their external auditors, felt some of their development work was eligible for R&D tax credits. After assessing eligibility, assisting with preparation of the claim package, and extensive discussions and representations to Tax Authorities, Mr. deBlois was successful in obtaining R&D tax credits totaling over $1 million dollars.


Automotive Industry

A large manufacturer in the automotive industry was filing R&D tax credit claims internally. Global R&D consultants were retained to conduct an assessment and assist with claim preparation to ensure all eligible work was fully captured and properly documented. Global R&D was able to increase their claim more than three-fold, resulting in a tax credit of over $1 million dollars.


Food Processing Industry

Global R&D worked with a large manufacturer with revenues over $3 billion in the US and Canada to review their R&D claim preparation process and ensure that tax credits were being fully captured. Over a period of a few months, Global R&D reviewed eligible R&D activities in over 40 plants both in the US and in Canada. Global was able to develop a tax credit portfolio averaging $1 million yearly. The company is now taking full advantage of all State/Provincial and Federal R&D tax credit entitlements.


International Aerospace Company

A European aerospace corporation retained Global R&D for a review of their Canadian R&D operation. Following a successful six digit claim for Canadian SR&ED Tax credits, the Company decided to use Global R&D to prepare their R&D tax credit claims for their European operations as well.


Software Industry

A software company that had been internally claiming R&D tax credits for several years approach Global R&D for assistance. Following a hostile audit from the taxation authorities, 90% of their claim was rejected. Global R&D successfully prepared a rebuttal and debated the case with the tax authorities and was able to preserve 98% of the original claim.


Electronics Industry

A manufacturer of automotive electronic devices had been internally claiming R&D tax credits for several years. Following an audit from the taxation authorities, only 5% of their original claim was allowed and assessed. Global R&D successfully prepared an Appeal and was able to preserve 100% of the original claim

Pulp and Paper Industry

A Canadian manufacturer of equipment for the pulp and paper industry was told by its internal accounting firm that they were not eligible for R&D tax credits. Global R&D was retained to review operations and determine whether there were any eligible activities. Global believed eligible work was been carried out, and filed a claim for over $130,000 in tax credits which would otherwise have been lost. Upon scientific audit, 100% of the claim was accepted.

Personal Transportation Equipment

A $50 million US Corporation manufacturing personal transportation equipment was told by its external auditors that they would not qualify for R&D tax credit. Only one month before a critical taxation year would expire, Global R&D was able file a claim for credits in excess of $500,000.

These are only a few examples of our Success Stories. Global R&D has been able to assist numerous other clients in a wide variety of industrial sectors. For further information, please contact us.


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