Fiscal Measures

Major changes have been made to tax credits applicable to resource regions and the investment tax credit. Consult the tax measure Resources Regions, Gaspésie and Certain Maritime Regions of Québec and Aluminum Valley to know more.

 

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.

 

Resource Regions

Intended for manufacturing and processing corporations in certain regions of Québec, particularly in the metals, wood, food and energy sectors, except for primary processing corporations.

 

Tax Holiday for Manufacturing SMBs in Remote Resource Regions

Designed for corporations that carry out manufacturing or processing activities in remote resource regions.

 

Gaspésie and Certain Maritime Regions of Québec

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

 

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.