Quebec Budget 2018 Highlights
The 2018 Quebec Budget, tabled on March 27, 2018, reports accelerated gross domestic product (GDP) growth from 1.4% in 2016 to 3% in 2017 and proposes several measures and investments that will impact businesses in Quebec including: Innovation Increasing the additional capital cost allowance rate from 35% to 60% for investments in computer equipment and […]
Revisions to Quebec SR&ED Tax Credit Program
During his December 2nd economic update, Quebec Finance Minister Carlos Leitao announced two major revisions to the Quebec SR&ED tax credit program: (1) Introduction of a minimum eligibility threshold, and (2) Standardization of enhanced tax credit rates. Introduction of Minimum Eligibility Threshold Leitao introduced amendments to the legislation to exclude, from tax assistance in the […]
A Summary of Digital Tax Credits in Canada
Many provinces are jumping on board with new digital media tax incentives! Claiming for digital tax credits in conjunction with federal SRED will allow you to maximize your tax credits. As often is the case, the provinces all allow for digital tax credits to be claimed in conjunction with federal SR&ED, as long as the same […]