Revenu Québec Infos

The tax credit for Québec film productions (referred to in the Budget Speech as the refundable tax credit for Québec film and television production) will be reorganized so that a higher basic rate will apply in respect of a film, including a television program, that is not developed from a foreign concept or a foreign format.

The Act respecting the sectoral parameters of certain fiscal measures (hereinafter the "sectoral act") will be amended to introduce a new class of films. That class will include any film that is already eligible for the basic tax credit under the current rules and that is developed from a foreign concept or a foreign format.

This amendment will apply to film and television productions for which an application for an advance ruling or, where no such application has previously been filed in respect of the production, for which an application for a certificate is filed with the Société de développement des entreprises culturelles (SODEC) after March 26, 2015.

In addition, tax legislation will be amended to provide for an increase in the basic rates of the tax credit for Québec film productions in respect of eligible films that are not adapted from a foreign format.

Moreover, the current basic rates will continue to apply in respect of eligible films that are adapted from a foreign format. The various increases will remain the same in respect of all eligible films.

This amendment will apply to film and television productions for which an application for an advance ruling or, where no such application has previously been filed in respect of the production, for which an application for a certificate is filed with SODEC after March 26, 2015.

Furthermore, tax legislation and the sectoral act will be amended to restore the former rules pertaining to the criterion of "non-arm's length," thereby replacing the rules pertaining to the criterion of "associated corporations." Consequential amendments relating to the tax credit for film production services will also be made to tax legislation and the sectoral act.

With regard to corporations, the amendments to tax legislation will apply to labour expenditures or production costs, as the case may be, incurred in a taxation year that begins after March 26, 2015.

Also with regard to corporations, the amendments to the sectoral act will apply to taxation years that begin after March 26, 2015.

For more information, see pages A.84 to A.90 of the document entitled Additional Information 2015-2016 (PDF – 1.96 MB), published by the Ministère des Finances.

Tax legislation will be amended to restore the former rates applicable to labour expenditures that qualify for the tax credit for multimedia titles and the tax credit for corporations specialized in the production of multimedia titles. As such, the rates will be

• 30% in respect of a multimedia title intended to be commercialized that is not a vocational training title, with a 7.5% premium if such a title is available in a French version;
• 26.25% in respect of any other multimedia title, including a title that is a vocational training title.

Tax legislation will also be amended to provide that a qualified labour expenditure in respect of an eligible employee may not exceed $100,000, calculated on an annual basis. Consequently, the maximum tax credit for a taxation year cannot exceed $37,500, $30,000 or $26,250 annually, as the case may be, per eligible employee.

Subject to the exception below, this limit will apply to the tax credit for multimedia titles and the tax credit for corporations specialized in the production of multimedia titles, for a taxation year, in respect of each eligible employee of a corporation or of a subcontractor with which the corporation was not dealing at arm's length at the time the subcontract was entered into.

For a taxation year of a corporation, the $100,000 limit will not apply to a qualified labour expenditure incurred in the year and paid in respect of an eligible employee of the corporation or of the subcontractor with which the corporation was not dealing at arm's length, up to the number of such eligible employees to whom the highest qualified labour expenditures, corresponding to 20% of the total number of eligible employees, will be attributable.

The amendments to the tax legislation will apply to both the tax credit for multimedia titles and the tax credit for corporations specialized in the production of multimedia titles in respect of a qualified labour expenditure incurred after March 26, 2015, or in respect of a qualified labour expenditure incurred under a contract entered into after March 26, 2015, as the case may be.

For a corporation's taxation year that includes March 26, 2015, the $100,000 limit will be calculated, according to the usual rules, in proportion to the number of days in the taxation year that follow that date.

For more information, see pages A.77 to A.80 of the document entitled Additional Information 2015-2016 (PDF – 1.96 MB), published by the Ministère des Finances.

Tax legislation will be amended to restore the former rates applicable to labour expenditures that qualify for the tax credit for multimedia titles and the tax credit for corporations specialized in the production of multimedia titles. As such, the rates will be

• 30% in respect of a multimedia title intended to be commercialized that is not a vocational training title, with a 7.5% premium if such a title is available in a French version;
• 26.25% in respect of any other multimedia title, including a title that is a vocational training title.

Tax legislation will also be amended to provide that a qualified labour expenditure in respect of an eligible employee may not exceed $100,000, calculated on an annual basis. Consequently, the maximum tax credit for a taxation year cannot exceed $37,500, $30,000 or $26,250 annually, as the case may be, per eligible employee.

Subject to the exception below, this limit will apply to the tax credit for multimedia titles and the tax credit for corporations specialized in the production of multimedia titles, for a taxation year, in respect of each eligible employee of a corporation or of a subcontractor with which the corporation was not dealing at arm's length at the time the subcontract was entered into.

For a taxation year of a corporation, the $100,000 limit will not apply to a qualified labour expenditure incurred in the year and paid in respect of an eligible employee of the corporation or of the subcontractor with which the corporation was not dealing at arm's length, up to the number of such eligible employees to whom the highest qualified labour expenditures, corresponding to 20% of the total number of eligible employees, will be attributable.

The amendments to the tax legislation will apply to both the tax credit for multimedia titles and the tax credit for corporations specialized in the production of multimedia titles in respect of a qualified labour expenditure incurred after March 26, 2015, or in respect of a qualified labour expenditure incurred under a contract entered into after March 26, 2015, as the case may be.

For a corporation's taxation year that includes March 26, 2015, the $100,000 limit will be calculated, according to the usual rules, in proportion to the number of days in the taxation year that follow that date.

For more information, see pages A.77 to A.80 of the document entitled Additional Information 2015-2016 (PDF – 1.96 MB), published by the Ministère des Finances.

Tax legislation will be amended to restore the former rates applicable to labour expenditures that qualify for the tax credit for multimedia titles and the tax credit for corporations specialized in the production of multimedia titles. As such, the rates will be

• 30% in respect of a multimedia title intended to be commercialized that is not a vocational training title, with a 7.5% premium if such a title is available in a French version;
• 26.25% in respect of any other multimedia title, including a title that is a vocational training title.

Tax legislation will also be amended to provide that a qualified labour expenditure in respect of an eligible employee may not exceed $100,000, calculated on an annual basis. Consequently, the maximum tax credit for a taxation year cannot exceed $37,500, $30,000 or $26,250 annually, as the case may be, per eligible employee.

Subject to the exception below, this limit will apply to the tax credit for multimedia titles and the tax credit for corporations specialized in the production of multimedia titles, for a taxation year, in respect of each eligible employee of a corporation or of a subcontractor with which the corporation was not dealing at arm's length at the time the subcontract was entered into.

For a taxation year of a corporation, the $100,000 limit will not apply to a qualified labour expenditure incurred in the year and paid in respect of an eligible employee of the corporation or of the subcontractor with which the corporation was not dealing at arm's length, up to the number of such eligible employees to whom the highest qualified labour expenditures, corresponding to 20% of the total number of eligible employees, will be attributable.

The amendments to the tax legislation will apply to both the tax credit for multimedia titles and the tax credit for corporations specialized in the production of multimedia titles in respect of a qualified labour expenditure incurred after March 26, 2015, or in respect of a qualified labour expenditure incurred under a contract entered into after March 26, 2015, as the case may be.

For a corporation's taxation year that includes March 26, 2015, the $100,000 limit will be calculated, according to the usual rules, in proportion to the number of days in the taxation year that follow that date.

For more information, see pages A.77 to A.80 of the document entitled Additional Information 2015-2016 (PDF – 1.96 MB), published by the Ministère des Finances.

Tax legislation will be amended to restore the former rates applicable to labour expenditures that qualify for the tax credit for multimedia titles and the tax credit for corporations specialized in the production of multimedia titles. As such, the rates will be

• 30% in respect of a multimedia title intended to be commercialized that is not a vocational training title, with a 7.5% premium if such a title is available in a French version;
• 26.25% in respect of any other multimedia title, including a title that is a vocational training title.

Tax legislation will also be amended to provide that a qualified labour expenditure in respect of an eligible employee may not exceed $100,000, calculated on an annual basis. Consequently, the maximum tax credit for a taxation year cannot exceed $37,500, $30,000 or $26,250 annually, as the case may be, per eligible employee.

Subject to the exception below, this limit will apply to the tax credit for multimedia titles and the tax credit for corporations specialized in the production of multimedia titles, for a taxation year, in respect of each eligible employee of a corporation or of a subcontractor with which the corporation was not dealing at arm's length at the time the subcontract was entered into.

For a taxation year of a corporation, the $100,000 limit will not apply to a qualified labour expenditure incurred in the year and paid in respect of an eligible employee of the corporation or of the subcontractor with which the corporation was not dealing at arm's length, up to the number of such eligible employees to whom the highest qualified labour expenditures, corresponding to 20% of the total number of eligible employees, will be attributable.

The amendments to the tax legislation will apply to both the tax credit for multimedia titles and the tax credit for corporations specialized in the production of multimedia titles in respect of a qualified labour expenditure incurred after March 26, 2015, or in respect of a qualified labour expenditure incurred under a contract entered into after March 26, 2015, as the case may be.

For a corporation's taxation year that includes March 26, 2015, the $100,000 limit will be calculated, according to the usual rules, in proportion to the number of days in the taxation year that follow that date.

For more information, see pages A.77 to A.80 of the document entitled Additional Information 2015-2016 (PDF – 1.96 MB), published by the Ministère des Finances.

Tax legislation will be amended to restore the former parameters of the tax credit. Thus,

• the tax credit rates applicable to a qualified expenditure will be 35% and 27%, respectively; and
• the maximum tax credit in respect of an eligible work or a work that is part of an eligible group of works will be $437,500.

These amendments will apply to an eligible work and to a work that is part of an eligible group of works for which an application for an advance ruling or, where no such application was previously filed in respect of the work or group of works, for which an application for a certificate was filed with the Société de développement des entreprises culturelles (SODEC) after March 26, 2015.

For more information, see page A.93 of the document entitled Additional Information 2015-2016 (PDF – 1.96 MB), published by the Ministère des Finances.

Tax legislation will be amended to restore the former parameters of the tax credit. Thus,

• the tax credit rates applicable to a qualified expenditure will be 35% and 27%, respectively; and
• the maximum tax credit in respect of an eligible work or a work that is part of an eligible group of works will be $437,500.

These amendments will apply to an eligible work and to a work that is part of an eligible group of works for which an application for an advance ruling or, where no such application was previously filed in respect of the work or group of works, for which an application for a certificate was filed with the Société de développement des entreprises culturelles (SODEC) after March 26, 2015.

For more information, see page A.93 of the document entitled Additional Information 2015-2016 (PDF – 1.96 MB), published by the Ministère des Finances.

Tax legislation will be amended to restore the former parameters of the tax credit. Thus,

• the tax credit rates applicable to a qualified expenditure will be 35% and 27%, respectively; and
• the maximum tax credit in respect of an eligible work or a work that is part of an eligible group of works will be $437,500.

These amendments will apply to an eligible work and to a work that is part of an eligible group of works for which an application for an advance ruling or, where no such application was previously filed in respect of the work or group of works, for which an application for a certificate was filed with the Société de développement des entreprises culturelles (SODEC) after March 26, 2015.

For more information, see page A.93 of the document entitled Additional Information 2015-2016 (PDF – 1.96 MB), published by the Ministère des Finances.

Tax legislation will be amended to restore the former parameters of the tax credit. Thus,

• the tax credit rates applicable to a qualified expenditure will be 35% and 27%, respectively; and
• the maximum tax credit in respect of an eligible work or a work that is part of an eligible group of works will be $437,500.

These amendments will apply to an eligible work and to a work that is part of an eligible group of works for which an application for an advance ruling or, where no such application was previously filed in respect of the work or group of works, for which an application for a certificate was filed with the Société de développement des entreprises culturelles (SODEC) after March 26, 2015.

For more information, see page A.93 of the document entitled Additional Information 2015-2016 (PDF – 1.96 MB), published by the Ministère des Finances.

Tax legislation will be amended to restore the former parameters and eliminate the end date of the tax credit for the production of multimedia events or environments presented outside Québec (referred to in the Budget Speech as the tax credit for the production of multimedia environments or events staged outside Québec):

• The tax credit rate applicable to qualified labour expenditures will be 35%.
• The maximum tax credit in respect of a qualified production will be $350,000.
• The tax credit will also apply to qualified labour expenditures incurred after December 31, 2015.

The amendments relating to the tax credit rate and the maximum tax credit will apply to qualified productions for which an application for an advance ruling or, where no such application has previously been filed in respect of the production, for which an application for a certificate is filed with the Société de développement des entreprises culturelles (SODEC) after March 26, 2015.

For more information, see page A.94 of the document entitled Additional Information 2015-2016 (PDF – 1.96 MB), published by the Ministère des Finances.

Tax legislation will be amended to restore the former parameters and eliminate the end date of the tax credit for the production of multimedia events or environments presented outside Québec (referred to in the Budget Speech as the tax credit for the production of multimedia environments or events staged outside Québec):

• The tax credit rate applicable to qualified labour expenditures will be 35%.
• The maximum tax credit in respect of a qualified production will be $350,000.
• The tax credit will also apply to qualified labour expenditures incurred after December 31, 2015.

The amendments relating to the tax credit rate and the maximum tax credit will apply to qualified productions for which an application for an advance ruling or, where no such application has previously been filed in respect of the production, for which an application for a certificate is filed with the Société de développement des entreprises culturelles (SODEC) after March 26, 2015.

For more information, see page A.94 of the document entitled Additional Information 2015-2016 (PDF – 1.96 MB), published by the Ministère des Finances.

Tax legislation will be amended to restore the former parameters and eliminate the end date of the tax credit for the production of multimedia events or environments presented outside Québec (referred to in the Budget Speech as the tax credit for the production of multimedia environments or events staged outside Québec):

• The tax credit rate applicable to qualified labour expenditures will be 35%.
• The maximum tax credit in respect of a qualified production will be $350,000.
• The tax credit will also apply to qualified labour expenditures incurred after December 31, 2015.

The amendments relating to the tax credit rate and the maximum tax credit will apply to qualified productions for which an application for an advance ruling or, where no such application has previously been filed in respect of the production, for which an application for a certificate is filed with the Société de développement des entreprises culturelles (SODEC) after March 26, 2015.

For more information, see page A.94 of the document entitled Additional Information 2015-2016 (PDF – 1.96 MB), published by the Ministère des Finances.

Various amendments will be made to the legislation establishing the following tax-advantaged funds:

• Fonds de solidarité FTQ
• Fondaction
• Capital régional et coopératif Desjardins

For more information, see pages A.62 to A.72 of the document entitled Additional Information 2015-2016 (PDF – 1.96 MB), published by the Ministère des Finances.

Various amendments will be made to the legislation establishing the following tax-advantaged funds:

• Fonds de solidarité FTQ
• Fondaction
• Capital régional et coopératif Desjardins

For more information, see pages A.62 to A.72 of the document entitled Additional Information 2015-2016 (PDF – 1.96 MB), published by the Ministère des Finances.

Various amendments will be made to the legislation establishing the following tax-advantaged funds:

• Fonds de solidarité FTQ
• Fondaction
• Capital régional et coopératif Desjardins

For more information, see pages A.62 to A.72 of the document entitled Additional Information 2015-2016 (PDF – 1.96 MB), published by the Ministère des Finances.

Tax legislation will be amended to restore the former rate of 35% applicable to labour expenditures that qualify for the tax credit for the production of sound recordings (referred to in the Budget Speech as the refundable tax credit for sound recording production).

This amendment will apply to qualified property for which an application for an advance ruling or, where no such application has previously been filed in respect of the property, for which an application for a certificate is filed with the Société de développement des entreprises culturelles (SODEC) after March 26, 2015.

For more information, see pages A.90 and A.91 of the document entitled Additional Information 2015-2016 (PDF – 1.96 MB), published by the Ministère des Finances.

Tax legislation will be amended to restore the former rate of 35% applicable to labour expenditures that qualify for the tax credit for the production of sound recordings (referred to in the Budget Speech as the refundable tax credit for sound recording production).

This amendment will apply to qualified property for which an application for an advance ruling or, where no such application has previously been filed in respect of the property, for which an application for a certificate is filed with the Société de développement des entreprises culturelles (SODEC) after March 26, 2015.

For more information, see pages A.90 and A.91 of the document entitled Additional Information 2015-2016 (PDF – 1.96 MB), published by the Ministère des Finances.

Tax legislation will be amended to restore the former rate of 35% applicable to labour expenditures that qualify for the tax credit for the production of sound recordings (referred to in the Budget Speech as the refundable tax credit for sound recording production).

This amendment will apply to qualified property for which an application for an advance ruling or, where no such application has previously been filed in respect of the property, for which an application for a certificate is filed with the Société de développement des entreprises culturelles (SODEC) after March 26, 2015.

For more information, see pages A.90 and A.91 of the document entitled Additional Information 2015-2016 (PDF – 1.96 MB), published by the Ministère des Finances.

Further to changes in the QST system, large businesses will be able to claim input tax refunds (ITRs) in respect of property and services to which restrictions currently apply, at the rate of 25% in 2018, 50% in 2019, 75% in 2020 and 100% as of 2021.

As such, an amount of QST that becomes payable as of January 1 on the acquisition of property and services to which the restrictions apply may be included in the calculation of a large business's ITR, at the rate of 25%, 50%, 75% or 100%, depending on the year in question.

For more information, see pages A.72 and A.73 of the document entitled Additional Information 2015-2016 (PDF – 1.96 MB), published by the Ministère des Finances.

Further to changes in the QST system, large businesses will be able to claim input tax refunds (ITRs) in respect of property and services to which restrictions currently apply, at the rate of 25% in 2018, 50% in 2019, 75% in 2020 and 100% as of 2021.

As such, an amount of QST that becomes payable as of January 1 on the acquisition of property and services to which the restrictions apply may be included in the calculation of a large business's ITR, at the rate of 25%, 50%, 75% or 100%, depending on the year in question.

For more information, see pages A.72 and A.73 of the document entitled Additional Information 2015-2016 (PDF – 1.96 MB), published by the Ministère des Finances.