Principales Questions: Whether subsection 55(3)(b) applies.
Position Adoptée: Yes.
Raisons: See statement of principal issues.
Principal Issues: 1. Does subparagraph 2902(b)(ii) of the Regulations apply to materials for SR&ED (i.e., current expenditures) in respect of the acquisition of used property?
Position: 1. Yes.
Reasons: 1. Plain reading of the legislation.