Terms of Use

Management Incentive Taxation — ResearchCompensation Inc. — 2026

These Terms of Use apply to all users of this site. Part A applies to every person who accesses or uses the site. Part B applies additionally to registered subscribers. By accessing or using this site or the AI Function, you agree to these Terms.

Part A — General Terms (all users)

About This Service

ResearchCompensation Inc. (“Publisher”) publishes and maintains a web site which provides information, data and other materials including Management Incentive Taxation (designated as the “Content”). By accessing or using the site or Content, you agree to be bound by these Terms of Use.

Not Professional Advice

Content is provided solely for informational purposes. It is not intended to be legal, tax or other professional advice or an opinion of any kind. Users are encouraged to seek specific tax, legal or professional advice from advisors of their choosing. Any advice a User provides to a third party is the User’s own, in respect of which the User assumes full responsibility.

Disclaimer and Limitation of Liability

Use of the site or the Content is at the User’s own risk. The site and Content are provided “as is” without warranty of any kind. There is no guarantee or warranty that information in the Content does not contain errors or omissions, or that the Content reflects current law, regulation or government policy or practice. Publisher does not make any representation, warranty or condition about the accuracy, reliability, currency, or timeliness of the site or Content. To the fullest extent permitted by law, Publisher disclaims all warranties, representations and conditions of any kind with respect to the site and Content.

AI Function

Access to the AI assistant feature (the “AI Function”) requires registration. Where access is provided, the following apply:

(a) Nature of AI responses. AI-generated responses are analytical aids only. They do not constitute professional, legal or tax advice and do not reflect the professional judgment of the Publisher or any qualified practitioner.

(b) Limitations. The AI Function works exclusively from the treatise text loaded into its context at the time of the query. It has no access to real-time legislative updates, unpublished CRA positions, court decisions released after the treatise was last updated, private rulings, or any client-specific information beyond what the User provides in the query. AI outputs are probabilistic and may vary between queries on the same facts.

(c) No reliance for client matters. Users must not rely on AI-generated analysis as the sole basis for advice given to any client or for any transaction. AI output must be independently verified by reference to the treatise text, current legislation, and applicable professional standards before use on any client matter.

(d) No professional relationship. Use of the AI Function does not create an attorney-client, accountant-client, or any other professional relationship between the Publisher and the User.

(e) User responsibility. Users assume full responsibility for any reliance on or use of AI-generated responses. The Publisher’s liability for AI Function output is limited to the fullest extent permitted by law (unregistered users) or as set out in the Liability section of Part B (registered subscribers).

(f) Verification of citations. Treatise citations (§serial numbers) generated by the AI Function should be verified by reference to the corresponding section of the treatise before reliance.

Trial Access

Where access to the AI Function is provided on a trial or beta basis at no cost (“Trial Access”), the following additional terms apply. Trial Access is offered at the Publisher’s discretion, for a limited and unspecified period, and may be modified, suspended or withdrawn at any time without notice or liability to the User. Trial Access does not constitute a Subscription and Part B does not apply to it, except as expressly stated.

By registering for Trial Access, the User consents to being contacted by the Publisher regarding the User’s use of the Trial, the Service generally, integration of the Service with the User’s organization, and subscription options. The User may withdraw this consent at any time by contacting the Publisher, without affecting any other right or obligation under these Terms.

Ownership

All designs, graphics, pictures, illustrations, software, artwork, video, music, sound, names, words, titles, phrases, trademarks, service marks, trade names, trade dress and products displayed on the site or in the Content are owned by Publisher and are protected by copyright, trademark and other intellectual property laws and treaties.

Prohibited Use

Without Publisher’s prior written permission, Users will not use the site or Content for purposes other than their own personal non-commercial use. Scraping, mining or otherwise manipulating data comprising the site or the Content is strictly prohibited. Users do not acquire any right or licence to the site or Content other than the restricted right to use them in accordance with these Terms.

Third-Party Sites

The site may include links or references to other internet sites maintained by third parties. Publisher makes no representations, warranties or assurances as to any information in such sites and has no responsibility for their content.

Governing Law

These Terms of Use are governed by the laws of the Province of Ontario and Canada notwithstanding the physical location, domicile or place of residence of the User.

Language

These Terms of Use and all documents relating hereto are available in both English and French. / Les présentes modalités d’utilisation et tous les documents s’y rattachant sont disponibles en anglais et en français.

French version: Modalités d’utilisation (français)

Copyright

For any permission to copy Content, please contact johnpeters@researchcompensation.com or call 647-499-7082. All copies must include this copyright notice: ©2026 ResearchCompensation Inc. All rights reserved.

Part B — Subscription Terms (registered subscribers)

Part B applies in addition to Part A to any person who holds a subscription to this Service. In the event of conflict between Part A and Part B, Part B prevails for registered subscribers.

The Agreement

Your subscription (the “Subscription”) to the information service (the “Service”) published by ResearchCompensation Inc. (the “Publisher”) is governed by these Terms of Use, including both Part A and Part B (collectively, the “RA Agreement”). The RA Agreement supersedes any other agreement pertaining to the Subscription including any written or verbal communications.

Parties

The RA Agreement is between the Publisher and the Subscriber.

Acceptance

The RA Agreement shall be effective if entered into by any one of the following methods, each of which have equal force of law hereunder:

Representative

Subscriber represents and warrants that the individual who accepts the RA Agreement on Subscriber’s behalf is Subscriber’s duly authorized representative. Alternatively, any person using the Service (a “User”) will have the power and authority to bind the Subscriber, failing which the User will be deemed to be the Subscriber and User for purposes of the RA Agreement.

Electronic Signature

Acceptance of the RA Agreement by clicking on the Agree Button on the registration form shall be deemed to be as effective as a written signature performed manually by Subscriber. The RA Agreement shall be deemed to satisfy any writings requirements of any applicable law, notwithstanding that the Agreement is written and accepted electronically.

Subscriber and User

A User of the Service is bound by the terms of the RA Agreement to which the Subscriber has agreed. For the purposes of the RA Agreement, the person paying for the Subscription is deemed the Subscriber. Any reference herein to a right or obligation of a Subscriber means a right or obligation of the Subscriber and all and any of its Users.

Registration

Subscriber represents and warrants to the Publisher that the information which Subscriber provides to Publisher in the registration process is true, accurate, and complete. The Publisher may decline without reason any application to register for the service, whether or not payment has been received.

Licence and Use

Limited Licence

The Subscription is offered as a limited licence whereby the Publisher owns and retains ownership of all rights of whatever nature in the Service. The Service may be viewed and used but cannot be copied, modified or distributed except as provided hereunder. The Subscriber acquires no right in the Service or any of its components and cannot exploit the information it contains for any commercial purpose.

Copy, Download, Etc.

The Subscriber accepts that downloading, copying or printing pages of the Service or any part thereof is subject to such technical restrictions which the Publisher may institute from time to time. Such restrictions may include limits on the number of sections that may be viewed or accessed, the volume of content that may be copied or printed, and the frequency of those actions, all of which may vary between Subscribers and may be adjusted at any time without notice. Scraping, mining or otherwise manipulating data comprising the Service or the host Web site is strictly prohibited. Reproducing any pages for distribution to clients or internal distribution requires the Publisher’s consent. An extract of the Service may however be used in an internal memorandum or opinion for a client if not in excess of 500 words. The extract must be accompanied by this copyright notice: Management Incentive Taxation 3rd ed., author Paul B. Singer, ©ResearchCompensation Inc.

Password

The Subscriber acknowledges that access to the Service requires a password for each User governed by the RA Agreement. The Subscriber will endeavour to keep each password confidential. Password sharing is strictly prohibited.

Subscription Terms

Payment

The Subscription price must be paid in Canadian currency upon access being provided to any User. Price changes must be notified in writing 60 days prior to renewal. The change is satisfactorily notified where it is reflected in the renewal invoice price.

Free Subscription

A Subscription to a Free version of the service may be offered by the Publisher from time to time. The duration of the Free Subscription is set by the Publisher and may vary from user to user and from time to time. A Free Subscription may be terminated by the Publisher at any time without notice and is non-renewable.

Service Limits

The Publisher may impose or adjust limits on any aspect of use of the Service at any time and without prior notice, including: the number of sections or portions that may be viewed, accessed, copied, downloaded or printed within any given period; the availability or volume of use of the AI Function; and any other feature or functionality of the Service. Such limits may vary between Subscribers based on subscription type, usage patterns, or other factors at the Publisher’s discretion. The imposition of reasonable service limits does not constitute a material change to the Subscription and does not entitle the Subscriber to a reduction in fees or a refund.

Variable AI Costs and Introductory Pricing

The Service incorporates an AI assistant feature (the “AI Function”) powered by third-party artificial intelligence providers. Those providers do not guarantee fixed pricing and may alter their rates at any time, including during the course of a subscription period. Notwithstanding any other provision of these Terms respecting price changes, the Publisher therefore reserves the right to adjust subscription fees at any time upon not less than 60 days’ prior written notice to Subscribers, to the extent required to reflect material changes in third-party AI provider costs or other operating costs of the Service. Notice of any such fee adjustment will be sent to the email address on file. Continued use of the Service after the effective date constitutes acceptance of the revised fee.

The current subscription fee may be an introductory rate offered for a limited period. Introductory rates are not guaranteed upon renewal, and any renewal pricing will be communicated in accordance with the Payment and Renewal sections above, or as a fee adjustment under this section as applicable.

Renewal

If not otherwise provided, the Subscription covers 12 months of access to the Service. Renewal is automatic after 12 months for another term of 12 months. The Publisher will advise the Subscriber of the price increase at least 60 days before the end of the Subscription term.

Liability

Basic Limitation

In addition to the disclaimers set out in Part A, there is no guarantee or warranty that information in the Service does not contain errors or omissions, or that the information reflects current law, regulation or government policy or practice.

Liability Cap

The liability of the Publisher for damages under the RA Agreement is limited to the Subscription price paid for the Subscription in the period of one year preceding the Subscription period for which the claim arises. The Publisher’s liability does not extend to incidental, indirect, punitive, consequential or special damages and excludes any liability for loss of data or profits. This cap applies to all Service components including the AI Function.

Administration

Violation of the Agreement

The Publisher may suspend the Subscription for violation of the terms of the RA Agreement. The Publisher will advise the Subscriber of the nature of the violation and of any means by which it may be remedied.

Amendments

The Publisher may amend this RA Agreement from time to time. Changes are effective upon being posted on this site with the exception of pricing changes which only take effect at renewal. The Subscriber is responsible for consulting the current terms applicable to the Subscription.

Privacy

The Publisher may collect information about use of the Subscription by the Subscriber but such information will remain strictly confidential. The Publisher will not disclose to any third party usage information or registration details provided by the Subscriber and its Users except in the course of granting access to Publisher’s agents for software maintenance or development.

Network Violations

Violations of system or network security are strictly prohibited. The Publisher or its agents will investigate incidents involving such violations which include, without limitation, unauthorized access to or use of data, systems, or networks, including any attempt to probe, scan, or test the vulnerability of the Publisher’s system or network.