IP NEWS

Government of Quebec Budget IP Tax Incentive Announcement

23/03/2016

Government of Quebec announced in its budget an IP tax incentive that will come into effect on January 1, 2017.

Commonly known as a “patentbox” it is a fiscal incentive for commercialization of intellectual property that a company identifies on its corporate tax return so that revenue derived from its intellectual property is taxed at a lower rate.

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