Revenu Québec Infos

Postponement of the time limit for applying for an initial qualification certificate

To claim the tax holiday (income tax and health services fund contribution) for large investment projects, a corporation must, among other things, file an application for an initial qualification certificate in respect of its investment project before the carrying out of the project begins but no later than November 20, 2017. However, the November 20, 2017, deadline has now been extended to December 31, 2020. 

This amendment will apply to large investment projects in relation to which an application for an initial qualification certificate is filed after March 28, 2017. 

Introduction of an election enabling an additional phase to be added to a large investment project

A new election has been introduced to allow two large investment projects carried out by a corporation to be considered together. In this context, changes have been made to the tax holiday to reflect this reality and have applied since March 29, 2017. 

For more information, see pages A.30 to A.36 of the Additional Information 2017-2018 (PDF – 2.71 MB), published by the Ministère des Finances.

The maximum share of Fondaction's net assets that may be allocated to major investments for the purposes of its investment requirement to a particular fiscal year set at 10% of its net assets at the end of the preceding fiscal year must be calculated without taking into account major investments in social economy enterprises, within the meaning of the Social Economy Act.

This change applies to any fiscal year of Fondaction beginning after May 31, 2016.

For more information, see pages A.55 and A.56 of the Additional Information 2017-2018 (PDF – 2.71 MB) published by the Ministère des Finances.

The maximum share of Fondaction's net assets that may be allocated to major investments for the purposes of its investment requirement to a particular fiscal year set at 10% of its net assets at the end of the preceding fiscal year must be calculated without taking into account major investments in social economy enterprises, within the meaning of the Social Economy Act.

This change applies to any fiscal year of Fondaction beginning after May 31, 2016.

For more information, see pages A.55 and A.56 of the Additional Information 2017-2018 (PDF – 2.71 MB) published by the Ministère des Finances.

The maximum share of Fondaction's net assets that may be allocated to major investments for the purposes of its investment requirement to a particular fiscal year set at 10% of its net assets at the end of the preceding fiscal year must be calculated without taking into account major investments in social economy enterprises, within the meaning of the Social Economy Act.

This change applies to any fiscal year of Fondaction beginning after May 31, 2016.

For more information, see pages A.55 and A.56 of the Additional Information 2017-2018 (PDF – 2.71 MB) published by the Ministère des Finances.

The maximum share of Fondaction's net assets that may be allocated to major investments for the purposes of its investment requirement to a particular fiscal year set at 10% of its net assets at the end of the preceding fiscal year must be calculated without taking into account major investments in social economy enterprises, within the meaning of the Social Economy Act.

This change applies to any fiscal year of Fondaction beginning after May 31, 2016.

For more information, see pages A.55 and A.56 of the Additional Information 2017-2018 (PDF – 2.71 MB) published by the Ministère des Finances.

As a rule, Revenu Québec must receive annual GST and QST returns and remittances no later than three months after the end of the reporting period.

The time limit changes, however, for individuals who are GST and QST registrants and

• who earn business income (other than property income) for income tax purposes;
• who have an annual reporting period; and
• whose fiscal year ends on December 31.

Individuals in the situation described above have until June 15 of the following year to file their returns.

Note, however, that they must make remittances of any GST and QST payable no later than April 30.

Important note

This year, individuals have until May 1, 2017, to make remittances of any GST and QST payable, since the usual deadline, April 30, falls on a Sunday.

As a rule, Revenu Québec must receive annual GST and QST returns and remittances no later than three months after the end of the reporting period.

The time limit changes, however, for individuals who are GST and QST registrants and

• who earn business income (other than property income) for income tax purposes;
• who have an annual reporting period; and
• whose fiscal year ends on December 31.

Individuals in the situation described above have until June 15 of the following year to file their returns.

Note, however, that they must make remittances of any GST and QST payable no later than April 30.

Important note

This year, individuals have until May 1, 2017, to make remittances of any GST and QST payable, since the usual deadline, April 30, falls on a Sunday.

As a rule, Revenu Québec must receive annual GST and QST returns and remittances no later than three months after the end of the reporting period.

The time limit changes, however, for individuals who are GST and QST registrants and

• who earn business income (other than property income) for income tax purposes;
• who have an annual reporting period; and
• whose fiscal year ends on December 31.

Individuals in the situation described above have until June 15 of the following year to file their returns.

Note, however, that they must make remittances of any GST and QST payable no later than April 30.

Important note

This year, individuals have until May 1, 2017, to make remittances of any GST and QST payable, since the usual deadline, April 30, falls on a Sunday.

As a rule, Revenu Québec must receive annual GST and QST returns and remittances no later than three months after the end of the reporting period.

The time limit changes, however, for individuals who are GST and QST registrants and

• who earn business income (other than property income) for income tax purposes;
• who have an annual reporting period; and
• whose fiscal year ends on December 31.

Individuals in the situation described above have until June 15 of the following year to file their returns.

Note, however, that they must make remittances of any GST and QST payable no later than April 30.

Important note

This year, individuals have until May 1, 2017, to make remittances of any GST and QST payable, since the usual deadline, April 30, falls on a Sunday.

As a rule, Revenu Québec must receive annual GST and QST returns and remittances no later than three months after the end of the reporting period.

The time limit changes, however, for individuals who are GST and QST registrants and

• who earn business income (other than property income) for income tax purposes;
• who have an annual reporting period; and
• whose fiscal year ends on December 31.

Individuals in the situation described above have until June 15 of the following year to file their returns.

Note, however, that they must make remittances of any GST and QST payable no later than April 30.

Important note

This year, individuals have until May 1, 2017, to make remittances of any GST and QST payable, since the usual deadline, April 30, falls on a Sunday.

As a rule, Revenu Québec must receive annual GST and QST returns and remittances no later than three months after the end of the reporting period.

The time limit changes, however, for individuals who are GST and QST registrants and

• who earn business income (other than property income) for income tax purposes;
• who have an annual reporting period; and
• whose fiscal year ends on December 31.

Individuals in the situation described above have until June 15 of the following year to file their returns.

Note, however, that they must make remittances of any GST and QST payable no later than April 30.

Important note

This year, individuals have until May 1, 2017, to make remittances of any GST and QST payable, since the usual deadline, April 30, falls on a Sunday.

In the Budget Speech delivered on March 28, 2017, Québec's Finance Minister announced that the health contribution would be eliminated retroactively for low- and middle-income taxpayers. As a result, individuals whose net income (line 275 of the income tax return) is $134,095 or less no longer have to pay the health contribution. Individuals whose net income is greater than $134,095 must pay a health contribution equal to 4% of the portion of their net income that exceeds that amount—the $175 minimum contribution has been eliminated, while the $1,000 maximum contribution remains unchanged.

Revenu Québec will correct the 2016 income tax returns of individuals affected by the change by adjusting the refund or balance due and, where necessary, will issue new notices of assessment.

If you have already filed your income tax return, you do not need to send us a new one.

In the Budget Speech delivered on March 28, 2017, Québec's Finance Minister announced that the health contribution would be eliminated retroactively for low- and middle-income taxpayers. As a result, individuals whose net income (line 275 of the income tax return) is $134,095 or less no longer have to pay the health contribution. Individuals whose net income is greater than $134,095 must pay a health contribution equal to 4% of the portion of their net income that exceeds that amount—the $175 minimum contribution has been eliminated, while the $1,000 maximum contribution remains unchanged.

Revenu Québec will correct the 2016 income tax returns of individuals affected by the change by adjusting the refund or balance due and, where necessary, will issue new notices of assessment.

If you have already filed your income tax return, you do not need to send us a new one.

In the Budget Speech delivered on March 28, 2017, Québec's Finance Minister announced that the health contribution would be eliminated retroactively for low- and middle-income taxpayers. As a result, individuals whose net income (line 275 of the income tax return) is $134,095 or less no longer have to pay the health contribution. Individuals whose net income is greater than $134,095 must pay a health contribution equal to 4% of the portion of their net income that exceeds that amount—the $175 minimum contribution has been eliminated, while the $1,000 maximum contribution remains unchanged.

Revenu Québec will correct the 2016 income tax returns of individuals affected by the change by adjusting the refund or balance due and, where necessary, will issue new notices of assessment.

If you have already filed your income tax return, you do not need to send us a new one.

In the Budget Speech delivered on March 28, 2017, Québec's Finance Minister announced that the health contribution would be eliminated retroactively for low- and middle-income taxpayers. As a result, individuals whose net income (line 275 of the income tax return) is $134,095 or less no longer have to pay the health contribution. Individuals whose net income is greater than $134,095 must pay a health contribution equal to 4% of the portion of their net income that exceeds that amount—the $175 minimum contribution has been eliminated, while the $1,000 maximum contribution remains unchanged.

Revenu Québec will correct the 2016 income tax returns of individuals affected by the change by adjusting the refund or balance due and, where necessary, will issue new notices of assessment.

If you have already filed your income tax return, you do not need to send us a new one.

In the Budget Speech delivered on March 28, 2017, Québec's Finance Minister announced that the health contribution would be eliminated retroactively for low- and middle-income taxpayers. As a result, individuals whose net income (line 275 of the income tax return) is $134,095 or less no longer have to pay the health contribution. Individuals whose net income is greater than $134,095 must pay a health contribution equal to 4% of the portion of their net income that exceeds that amount—the $175 minimum contribution has been eliminated, while the $1,000 maximum contribution remains unchanged.

Revenu Québec will correct the 2016 income tax returns of individuals affected by the change by adjusting the refund or balance due and, where necessary, will issue new notices of assessment.

If you have already filed your income tax return, you do not need to send us a new one.

In the Budget Speech delivered on March 28, 2017, Québec's Finance Minister announced that the RénoVert tax credit would be extended for one year. Individuals will thus have until March 31, 2018, to enter into an agreement with a recognized contractor and until December 31, 2018, to pay all the related expenses.

Renovation contracts entered into after March 31, 2017, but before April 1, 2018, may relate to all the eco-friendly renovation work currently recognized for the purposes of the RénoVert tax credit other than the construction, renovation, modification or rebuilding of a system for the discharge, collection and disposal of waste water, toilet effluents or grey water, since the new refundable tax credit for the upgrading of residential waste water treatment systems will apply to such work as of April 1, 2017.

For more information on the changes to the RénoVert tax credit or on the new tax credit for the upgrading of residential waste water treatment systems, see pages A.14 to A.22 of the Additional Information 2017-2018 (PDF – 2.71 MB), published by the Ministère des Finances.

In the Budget Speech delivered on March 28, 2017, Québec's Finance Minister announced that the RénoVert tax credit would be extended for one year. Individuals will thus have until March 31, 2018, to enter into an agreement with a recognized contractor and until December 31, 2018, to pay all the related expenses.

Renovation contracts entered into after March 31, 2017, but before April 1, 2018, may relate to all the eco-friendly renovation work currently recognized for the purposes of the RénoVert tax credit other than the construction, renovation, modification or rebuilding of a system for the discharge, collection and disposal of waste water, toilet effluents or grey water, since the new refundable tax credit for the upgrading of residential waste water treatment systems will apply to such work as of April 1, 2017.

For more information on the changes to the RénoVert tax credit or on the new tax credit for the upgrading of residential waste water treatment systems, see pages A.14 to A.22 of the Additional Information 2017-2018 (PDF – 2.71 MB), published by the Ministère des Finances.

In the Budget Speech delivered on March 28, 2017, Québec's Finance Minister announced that the RénoVert tax credit would be extended for one year. Individuals will thus have until March 31, 2018, to enter into an agreement with a recognized contractor and until December 31, 2018, to pay all the related expenses.

Renovation contracts entered into after March 31, 2017, but before April 1, 2018, may relate to all the eco-friendly renovation work currently recognized for the purposes of the RénoVert tax credit other than the construction, renovation, modification or rebuilding of a system for the discharge, collection and disposal of waste water, toilet effluents or grey water, since the new refundable tax credit for the upgrading of residential waste water treatment systems will apply to such work as of April 1, 2017.

For more information on the changes to the RénoVert tax credit or on the new tax credit for the upgrading of residential waste water treatment systems, see pages A.14 to A.22 of the Additional Information 2017-2018 (PDF – 2.71 MB), published by the Ministère des Finances.

In the Budget Speech delivered on March 28, 2017, Québec's Finance Minister announced that the RénoVert tax credit would be extended for one year. Individuals will thus have until March 31, 2018, to enter into an agreement with a recognized contractor and until December 31, 2018, to pay all the related expenses.

Renovation contracts entered into after March 31, 2017, but before April 1, 2018, may relate to all the eco-friendly renovation work currently recognized for the purposes of the RénoVert tax credit other than the construction, renovation, modification or rebuilding of a system for the discharge, collection and disposal of waste water, toilet effluents or grey water, since the new refundable tax credit for the upgrading of residential waste water treatment systems will apply to such work as of April 1, 2017.

For more information on the changes to the RénoVert tax credit or on the new tax credit for the upgrading of residential waste water treatment systems, see pages A.14 to A.22 of the Additional Information 2017-2018 (PDF – 2.71 MB), published by the Ministère des Finances.