EBC Status Equals Tax Credit

In August of 2009, StrataXL Sofware Inc. applied and qualified for Eligible Business Corporation (EBC) status.  The EBC program was set up by the BC Government to encourage private investment in companies like ours. This program is unique to British Columbia and we are thrilled to be a part of the program. Visit the BC Government's page here for more information.   

How it works: At the time of investment the investor completes a simple form, which we then submit to the EBC Program Coordinator. After the form is processed, a tax credit certificate will be issued for the investment. Yes, it really is that simple. 

The Perks of Investing:
30% tax credit on investment
RSP Eligible Investment

If you are a private investor, you can claim the 30% tax credit, and talk with your accountant to figure out how to make the remainder RSP eligible. 

If you are a Realtor, this investment is really a no-brainer. With your investment, you will receive the licensed rights to one of the LiveIn sites for 5 years. The inclusion of the LiveIn site in your marketing mix will result in increased exposure in your community, and help build your brand, not to mention increase revenue. In 2009, each active LiveIn Site generated an average commission revenue of approximately $20,000. As an added bonus, the investment can be claimed as an advertising cost. You can't afford to miss this opportunity. 

Our EBC status is only valid through the 2009 RSP season, or March 1, 2010. Don't hesitate, get in touch with us today!