Fiscal Measures

 

On March 1, 2012, the Act respecting the sectoral parameters of certain fiscal measures was passed. Please note that the provisions of the Act will be incorporated into our documentation in the near future.

 

If your corporation carries out specialized activities or if it sets up in a designated region in Québec, it may qualify for a refundable tax credit. To request a tax credit, contact Investissement Québec first to obtain the necessary eligibility certificates and then file an income tax return with Revenu Québec.

Here is the list of the refundable tax credits and the tax holiday administered by Investissement Québec:

 

 

Development of E-Business

Intended for corporations operating a business in the information technology industry.

 

Tax Credit for R&D Salary for Biopharmaceutical Activities

Designed for biopharmaceutical corporations that carry out R&D.

 

Gaspésie and Certain Maritime Regions

Intended for corporations that carry out specific activities in the maritime resources sectors in the Gaspésie–Îles-de-la-Madeleine, Côte-Nord or Bas-Saint-Laurent regions.

 

Aluminum Valley

Designed for corporations that process aluminum that has already undergone primary processing or certain upgrading or recycling activities relating to this sector in the Saguenay—Lac-Saint-Jean region.

 

Production of Multimedia Titles

Designed for corporations that produce eligible multimedia titles. To qualify, these titles must satisfy certain conditions in terms of interactivity and be produced for commercial purposes.

 

Biotechnology Development Centres (CDB)

Reserved for corporations carrying out activities that incorporate an innovative biotechnology process and located in a CDB.

 

 

Other Fiscal Measures

The following tax measures no longer allow the eligibility of corporations that have not already obtained an initial eligibility certificate. Only corporations that are already eligible for these tax measures may continue to benefit from them. 

 

 

* Corporations located in biotechnology development centres can still use this fiscal measure to promote the hiring of foreign specialists.