About the Tax measures

The Ministère des Finances develops and implements various tax measures to support businesses in carrying out or expanding their activities.

Whether you are seeking to start up, expand or diversify business activities, read the information in this section to find out whether one of our programs can be of assistance.

Tax measures relating to the financial sector

Tax measures for international financial centres

Recently Announced Change
In Information Bulletin 2021-5 the Ministère des Finances changes the definition of "international financial centre" to allow the activities of an IFC to be carried out at one or more qualifying facilities of the corporation that operates the IFC. As applied to a corporation, the term "eligible facility" will mean a facility of the corporation where it carries out its business and engages in eligible activities, provided that such activities require that it employ at least six eligible employees at such facility and that it is located in the urban agglomeration of Montréal.

These measures are intended to encourage the establishment and development of new projects by businesses specializing in international financial activities in the urban agglomeration of MontréalThe urban agglomeration of Montréal is made up of the territories of Ville de Montréal, Ville de Baie-D’Urfé, Ville de Beaconsfield, Ville de Côte-Saint-Luc, Ville de Dollard-Des Ormeaux, Ville de Dorval, Ville de Hampstead, Ville de Kirkland, Ville de L’Île-Dorval, Ville de Montréal-Est, Ville de Montréal-Ouest, Ville de Mont-Royal, Ville de Pointe-Claire, Ville de Sainte-Anne-de-Bellevue, Village de Senneville and Ville de Westmount..

In accordance with the l financial ceAct respecting internationantres (CQLR, chapter C-8.3) This link open in a new tab. , these measures are intended for corporations that have obtained the status of international financial centre (IFC) and that carry out one or more activities among the following categories:

international financial transactions
back office activities for a third party
activities carried out under an outsourcing contract with a foreign financial entity

Learn more about international financial centres

Tax measures for new financial services corporations

These tax measures are intended to support entrepreneurship in the financial sector. More specifically, they aim to create new financial services corporations in Québec.

They allow a new corporation holding a qualification certificate to benefit from tax credits for a period of five consecutive years.

Learn more about new financial services corporations

Tax measure relating to businesses

Tax holiday for large investment projects

Corporations or partnerships having carried out a large investment project in Québec after November 20, 2012 may be eligible for a tax holiday with respect to their revenue from eligible activities relating to the project, and to a holiday with respect to the employer’s contribution to the Health Services Fund, if they file an application for an initial certificate before December 31, 2020.

Learn more about the tax holiday for large investment projects