Government of Quebec Budget IP Tax Incentive Announcement
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.
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