Tax Credit for the Hiring of Employees by New Financial Services Corporations
“Québec. Revenu Québec”
The funder does not disclose this information
Maximum Eligible Amount
Tax Credit
Fund Type
An eligible corporation that has an establishment in Québec during the taxation year, which operates a business whose activities are part of the financial services industry and has obtained after March 20, 2012 a certificate of qualification and the Minister of Finance of Economy and the Minister of Finance for its financial services activities may, under certain conditions, claim a tax credit for eligible salaries incurred with respect to eligible employees during part of the period of validity of his certificate of qualification which is included in its taxation year.
- The rate of the tax credit is 30% for eligible salaries incurred before June 5, 2014 and 24% for eligible salaries incurred after June 4, 2014.