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Big data: The backbone of modern business p.20Fleming College runs worldclass ISOaccredited lab p.21Keeping an eye on a growing problem with road salt p.25VOL. 62 NO. 1 JANUARY/FEBRUARY 2020New high
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New high tech saving refers to financial incentives or savings programs designed to support investments in advanced technology sectors, promoting innovation and economic growth.
Businesses and individuals engaged in high technology activities or investments that qualify for specific tax benefits or savings programs are required to file new high tech saving.
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The purpose of new high tech saving is to encourage investment in technology-driven industries by offering financial incentives, which help stimulate economic development and job creation.
The information that must be reported includes details of the qualifying technology expenditures, business information, tax identification numbers, and any supporting documentation required by the tax authority.
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