Mar 23 2016
The 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.
We will keep you updated on any developments on this topic.
If you have any questions, please contact one of our professionals.
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