Revenu Québec Infos

Effective as of the 2018 taxation year, the age of eligibility for the tax credit for experienced workers will be lowered to 62 years of age, the average retirement age of Quebecers. For this new category of workers, the maximum amount of eligible work income on which the tax credit will be calculated is $4,000.

For more information, see pages A.24 to A.27 of the document entitled Additional Information 2016-2017 (PDF – 2.88 MB), published by the Ministère des Finances.

Effective as of the 2018 taxation year, the age of eligibility for the tax credit for experienced workers will be lowered to 62 years of age, the average retirement age of Quebecers. For this new category of workers, the maximum amount of eligible work income on which the tax credit will be calculated is $4,000.

For more information, see pages A.24 to A.27 of the document entitled Additional Information 2016-2017 (PDF – 2.88 MB), published by the Ministère des Finances.

Effective as of the 2018 taxation year, the age of eligibility for the tax credit for experienced workers will be lowered to 62 years of age, the average retirement age of Quebecers. For this new category of workers, the maximum amount of eligible work income on which the tax credit will be calculated is $4,000.

For more information, see pages A.24 to A.27 of the document entitled Additional Information 2016-2017 (PDF – 2.88 MB), published by the Ministère des Finances.

The Mining Tax Act will be amended to take into account the following:

• An operator will be allowed to elect, in its mining tax return for its fiscal year ended immediately before the time at which it ceased, for an indeterminate period, all activities related to its mining operations, to calculate its profit margin for the fiscal year by replacing the amount corresponding to its annual profit by an amount corresponding to its adjusted annual profit.
• The transfer of depreciable property with no immediate tax impact between related persons will apply only where the purchaser is an operator within the meaning of the Mining Tax Act for the fiscal year in which the purchaser acquires the property.
• The proceeds of alienation of property deemed to have been alienated, where a person ceased all activities related to its mining operation, will be adjusted to allow for a transfer of the property with no immediate tax impact to a person that is related to the person and that is an operator within the meaning of the Mining Tax Act.
• An operator will no longer be required to reimburse the Minister of Revenue for expenses paid for the services of a valuator mandated by the Minister for the purpose of determining the gross value of the annual output of gemstones.
• An operator will be required to provide the facilities and equipment (other than computer equipment) enabling the valuator mandated by the Minister of Revenue to valuate the gemstones extracted from the mine. 

For more information, see pages A.92 to A.98 of the document entitled Additional Information 2016-2017 (PDF – 2.88 MB), published by the Ministère des Finances.

The Mining Tax Act will be amended to take into account the following:

• An operator will be allowed to elect, in its mining tax return for its fiscal year ended immediately before the time at which it ceased, for an indeterminate period, all activities related to its mining operations, to calculate its profit margin for the fiscal year by replacing the amount corresponding to its annual profit by an amount corresponding to its adjusted annual profit.
• The transfer of depreciable property with no immediate tax impact between related persons will apply only where the purchaser is an operator within the meaning of the Mining Tax Act for the fiscal year in which the purchaser acquires the property.
• The proceeds of alienation of property deemed to have been alienated, where a person ceased all activities related to its mining operation, will be adjusted to allow for a transfer of the property with no immediate tax impact to a person that is related to the person and that is an operator within the meaning of the Mining Tax Act.
• An operator will no longer be required to reimburse the Minister of Revenue for expenses paid for the services of a valuator mandated by the Minister for the purpose of determining the gross value of the annual output of gemstones.
• An operator will be required to provide the facilities and equipment (other than computer equipment) enabling the valuator mandated by the Minister of Revenue to valuate the gemstones extracted from the mine. 

For more information, see pages A.92 to A.98 of the document entitled Additional Information 2016-2017 (PDF – 2.88 MB), published by the Ministère des Finances.

The Mining Tax Act will be amended to take into account the following:

• An operator will be allowed to elect, in its mining tax return for its fiscal year ended immediately before the time at which it ceased, for an indeterminate period, all activities related to its mining operations, to calculate its profit margin for the fiscal year by replacing the amount corresponding to its annual profit by an amount corresponding to its adjusted annual profit.
• The transfer of depreciable property with no immediate tax impact between related persons will apply only where the purchaser is an operator within the meaning of the Mining Tax Act for the fiscal year in which the purchaser acquires the property.
• The proceeds of alienation of property deemed to have been alienated, where a person ceased all activities related to its mining operation, will be adjusted to allow for a transfer of the property with no immediate tax impact to a person that is related to the person and that is an operator within the meaning of the Mining Tax Act.
• An operator will no longer be required to reimburse the Minister of Revenue for expenses paid for the services of a valuator mandated by the Minister for the purpose of determining the gross value of the annual output of gemstones.
• An operator will be required to provide the facilities and equipment (other than computer equipment) enabling the valuator mandated by the Minister of Revenue to valuate the gemstones extracted from the mine. 

For more information, see pages A.92 to A.98 of the document entitled Additional Information 2016-2017 (PDF – 2.88 MB), published by the Ministère des Finances.

The Mining Tax Act will be amended to take into account the following:

• An operator will be allowed to elect, in its mining tax return for its fiscal year ended immediately before the time at which it ceased, for an indeterminate period, all activities related to its mining operations, to calculate its profit margin for the fiscal year by replacing the amount corresponding to its annual profit by an amount corresponding to its adjusted annual profit.
• The transfer of depreciable property with no immediate tax impact between related persons will apply only where the purchaser is an operator within the meaning of the Mining Tax Act for the fiscal year in which the purchaser acquires the property.
• The proceeds of alienation of property deemed to have been alienated, where a person ceased all activities related to its mining operation, will be adjusted to allow for a transfer of the property with no immediate tax impact to a person that is related to the person and that is an operator within the meaning of the Mining Tax Act.
• An operator will no longer be required to reimburse the Minister of Revenue for expenses paid for the services of a valuator mandated by the Minister for the purpose of determining the gross value of the annual output of gemstones.
• An operator will be required to provide the facilities and equipment (other than computer equipment) enabling the valuator mandated by the Minister of Revenue to valuate the gemstones extracted from the mine. 

For more information, see pages A.92 to A.98 of the document entitled Additional Information 2016-2017 (PDF – 2.88 MB), published by the Ministère des Finances.

Fiscal legislation will be amended to provide that contributions made illegally or otherwise, directly or indirectly, for political purposes are not deductible in calculating a taxpayer's income from a business or property.

This change will apply to contributions made for political purposes after March 17, 2016.

For more information, see pages A.72 and A. 73 of the document entitled Additional Information 2016-2017 (PDF – 2.88 MB), published by the Ministère des Finances.

Fiscal legislation will be amended to provide that contributions made illegally or otherwise, directly or indirectly, for political purposes are not deductible in calculating a taxpayer's income from a business or property.

This change will apply to contributions made for political purposes after March 17, 2016.

For more information, see pages A.72 and A. 73 of the document entitled Additional Information 2016-2017 (PDF – 2.88 MB), published by the Ministère des Finances.

Fiscal legislation will be amended to provide that contributions made illegally or otherwise, directly or indirectly, for political purposes are not deductible in calculating a taxpayer's income from a business or property.

This change will apply to contributions made for political purposes after March 17, 2016.

For more information, see pages A.72 and A. 73 of the document entitled Additional Information 2016-2017 (PDF – 2.88 MB), published by the Ministère des Finances.

Fiscal legislation will be amended to provide that contributions made illegally or otherwise, directly or indirectly, for political purposes are not deductible in calculating a taxpayer's income from a business or property.

This change will apply to contributions made for political purposes after March 17, 2016.

For more information, see pages A.72 and A. 73 of the document entitled Additional Information 2016-2017 (PDF – 2.88 MB), published by the Ministère des Finances.

Under Québec fiscal legislation, a taxpayer that is a corporation or an individual, including a trust, is required to pay income tax for a taxation year equal to 10% of:

• the taxpayer's income from logging operations for the year; and 
• the taxpayer's share in the income of a partnership carrying on logging operations of which the taxpayer is a member, for the partnership's fiscal period that ends in the year.

Previously, a taxpayer was not required to pay the logging tax for a taxation year if:

• the taxpayer's income from logging operations was $10,000 or less for the year; or
• the taxpayer's share in the income of a partnership carrying on logging operations of which the taxpayer is a member was $10,000 or less for the partnership's fiscal period that ends in the year.

However, on March 17, 2016, the logging tax exemption was raised from $10,000 to $65,000 for a taxation year of a taxpayer beginning after that date.

For more information, see page A.99 of the document entitled Additional Information 2016-2017 (PDF – 2.88 MB), published by the Ministère des Finances.

Under Québec fiscal legislation, a taxpayer that is a corporation or an individual, including a trust, is required to pay income tax for a taxation year equal to 10% of:

• the taxpayer's income from logging operations for the year; and 
• the taxpayer's share in the income of a partnership carrying on logging operations of which the taxpayer is a member, for the partnership's fiscal period that ends in the year.

Previously, a taxpayer was not required to pay the logging tax for a taxation year if:

• the taxpayer's income from logging operations was $10,000 or less for the year; or
• the taxpayer's share in the income of a partnership carrying on logging operations of which the taxpayer is a member was $10,000 or less for the partnership's fiscal period that ends in the year.

However, on March 17, 2016, the logging tax exemption was raised from $10,000 to $65,000 for a taxation year of a taxpayer beginning after that date.

For more information, see page A.99 of the document entitled Additional Information 2016-2017 (PDF – 2.88 MB), published by the Ministère des Finances.

Under Québec fiscal legislation, a taxpayer that is a corporation or an individual, including a trust, is required to pay income tax for a taxation year equal to 10% of:

• the taxpayer's income from logging operations for the year; and 
• the taxpayer's share in the income of a partnership carrying on logging operations of which the taxpayer is a member, for the partnership's fiscal period that ends in the year.

Previously, a taxpayer was not required to pay the logging tax for a taxation year if:

• the taxpayer's income from logging operations was $10,000 or less for the year; or
• the taxpayer's share in the income of a partnership carrying on logging operations of which the taxpayer is a member was $10,000 or less for the partnership's fiscal period that ends in the year.

However, on March 17, 2016, the logging tax exemption was raised from $10,000 to $65,000 for a taxation year of a taxpayer beginning after that date.

For more information, see page A.99 of the document entitled Additional Information 2016-2017 (PDF – 2.88 MB), published by the Ministère des Finances.

Under Québec fiscal legislation, a taxpayer that is a corporation or an individual, including a trust, is required to pay income tax for a taxation year equal to 10% of:

• the taxpayer's income from logging operations for the year; and 
• the taxpayer's share in the income of a partnership carrying on logging operations of which the taxpayer is a member, for the partnership's fiscal period that ends in the year.

Previously, a taxpayer was not required to pay the logging tax for a taxation year if:

• the taxpayer's income from logging operations was $10,000 or less for the year; or
• the taxpayer's share in the income of a partnership carrying on logging operations of which the taxpayer is a member was $10,000 or less for the partnership's fiscal period that ends in the year.

However, on March 17, 2016, the logging tax exemption was raised from $10,000 to $65,000 for a taxation year of a taxpayer beginning after that date.

For more information, see page A.99 of the document entitled Additional Information 2016-2017 (PDF – 2.88 MB), published by the Ministère des Finances.

Rate increases

The fixed rates used to calculate the maximum amount of the tax credits respecting the work premium for a person living alone and for a couple without children were increased by two percentage points, effective 2016. The rate increased from 7% to 9%, in the case of the work premium, and from 9% to 11%, in the case of the adapted work premium for households whose capacity for employment is severely limited.

For 2016, the maximum amount for the work premium increases from $564.48 to $725.76 for a person living alone and from $881.30 to $1,133.10 for a couple without children. The adapted work premium increases from $1,094.94 to $1,338.26 for a person living alone and from $1,641.96 to $2,006.84 for a couple without children.

Advance payment requests from recipients of last-resort financial assistance

Beginning on January 1, 2017, the Ministère du Travail, de l'Emploi et de la Solidarité sociale will receive requests for advance payments from recipients of last-resort financial assistance and determine the payment amounts.

For more information, see pages A.18 to A.21 of the document entitled Additional Information 2016-2017 (PDF – 2.88 MB), published by the Ministère des Finances.

Rate increases

The fixed rates used to calculate the maximum amount of the tax credits respecting the work premium for a person living alone and for a couple without children were increased by two percentage points, effective 2016. The rate increased from 7% to 9%, in the case of the work premium, and from 9% to 11%, in the case of the adapted work premium for households whose capacity for employment is severely limited.

For 2016, the maximum amount for the work premium increases from $564.48 to $725.76 for a person living alone and from $881.30 to $1,133.10 for a couple without children. The adapted work premium increases from $1,094.94 to $1,338.26 for a person living alone and from $1,641.96 to $2,006.84 for a couple without children.

Advance payment requests from recipients of last-resort financial assistance

Beginning on January 1, 2017, the Ministère du Travail, de l'Emploi et de la Solidarité sociale will receive requests for advance payments from recipients of last-resort financial assistance and determine the payment amounts.

For more information, see pages A.18 to A.21 of the document entitled Additional Information 2016-2017 (PDF – 2.88 MB), published by the Ministère des Finances.

Rate increases

The fixed rates used to calculate the maximum amount of the tax credits respecting the work premium for a person living alone and for a couple without children were increased by two percentage points, effective 2016. The rate increased from 7% to 9%, in the case of the work premium, and from 9% to 11%, in the case of the adapted work premium for households whose capacity for employment is severely limited.

For 2016, the maximum amount for the work premium increases from $564.48 to $725.76 for a person living alone and from $881.30 to $1,133.10 for a couple without children. The adapted work premium increases from $1,094.94 to $1,338.26 for a person living alone and from $1,641.96 to $2,006.84 for a couple without children.

Advance payment requests from recipients of last-resort financial assistance

Beginning on January 1, 2017, the Ministère du Travail, de l'Emploi et de la Solidarité sociale will receive requests for advance payments from recipients of last-resort financial assistance and determine the payment amounts.

For more information, see pages A.18 to A.21 of the document entitled Additional Information 2016-2017 (PDF – 2.88 MB), published by the Ministère des Finances.

Rate increases

The fixed rates used to calculate the maximum amount of the tax credits respecting the work premium for a person living alone and for a couple without children were increased by two percentage points, effective 2016. The rate increased from 7% to 9%, in the case of the work premium, and from 9% to 11%, in the case of the adapted work premium for households whose capacity for employment is severely limited.

For 2016, the maximum amount for the work premium increases from $564.48 to $725.76 for a person living alone and from $881.30 to $1,133.10 for a couple without children. The adapted work premium increases from $1,094.94 to $1,338.26 for a person living alone and from $1,641.96 to $2,006.84 for a couple without children.

Advance payment requests from recipients of last-resort financial assistance

Beginning on January 1, 2017, the Ministère du Travail, de l'Emploi et de la Solidarité sociale will receive requests for advance payments from recipients of last-resort financial assistance and determine the payment amounts.

For more information, see pages A.18 to A.21 of the document entitled Additional Information 2016-2017 (PDF – 2.88 MB), published by the Ministère des Finances.

Changes to the small business deduction (SBD) for a taxation year beginning after December 31, 2016, were announced in the Budget Speech of March 26, 2015. The changes specifically involved the refocusing of the SBD on corporations in the primary and manufacturing sectors, and the addition of qualification criteria. One qualification criterion will be replaced, as explained below.

Replacement of the criterion concerning the minimum number of employees by a criterion concerning the hours worked

The qualification criterion concerning the minimum number of employees will be replaced by a qualification criterion concerning the minimum number of hours worked.

A corporation will meet the qualification criterion concerning the minimum number of hours worked for a taxation year if, as applicable:

• during the taxation year, its employees worked at least 5,500 hours;
• during the previous taxation year, the number of hours worked by its employees and the employees of the corporations with which it is associated total at least 5,500 hours.

The following rules will apply in respect of this criterion:

• a maximum of 40 hours per week per worker may be considered;
• the hours worked must be paid at the time the SBD is claimed;
• the hours worked for a corporation by a person participating in its body of shareholders, either directly or indirectly, will also be counted, without regard to whether they are remunerated;
• the 5,500 hours that apply to the current year will be based on a complete taxation year and this threshold will be reduced proportionally in the case of a shorter fiscal period (this reduction of the threshold will not apply for the previous taxation year);
• to calculate the hours of the previous taxation year, the corporation must consider the taxation years ended during the calendar year preceding the year during which the corporation's taxation year ends;
• each corporation in a group of associated corporations must count the hours worked by its employees or a person participating in its body of shareholders—more specifically, the hours worked by a subcontractor for a corporation may not be counted by the corporation, but may be counted by the subcontractor.

Corporation in the primary or manufacturing sector

A corporation in the primary or manufacturing sector can claim an SBD at the highest SBD rate obtained, using either the qualification criterion concerning the minimum number of hours worked or the qualification criterion based on its level of activity in the primary or manufacturing sector.

Application date

Replacement of this qualification criterion will apply for a taxation year beginning after December 31, 2016.

For more information, see pages A.35 to A.37 of the document entitled Additional Information 2016-2017 (PDF – 2.88 MB), published by the Ministère des Finances.