Applicable laws

The information contained in the "International Financial Centre" section and its subsections is provided for information purposes only and does not constitute a legal interpretation of the legislative provisions.

For full details on tax measures for international financial centres, please refer to the following statutes and documents:

• Act respecting the sectoral parameters of certain fiscal measures (CQLR, chapter P-5.1) This link opens a new window.
• Act respecting international financial centres (CQLR, chapter C-8.3) This link opens a new window.
• Taxation Act (CQLR, chapter I-3) This link opens a new window. (sections 1029.8.36.166.69 to 1029.8.36.166.79)

Background

• Additional Information 2025-2026 This link opens a new window. (dated March 25, 2025), Abolishing the tax holiday for foreign specialists assigned to operations of an international financial centre (pp. A.69 to A.70)

• Information Bulletin 2023-7 This link opens a new window. (dated December 19, 2023), Adjustment to the tax credits for international financial centres concerning the criterion governing an employee’s connection to an establishment (pp. 7 to 8)
• Information Bulletin 2022-3 This link opens a new window. (dated April 29, 2022), Adjustments to the criterion governing an employee’s connection to a qualifying establishment where the employee performs duties from home or outside Québec (pp. 6 to 8)
• Information Bulletin 2021-5 This link opens a new window. (dated June 30, 2021), Adjustment to the definition of “international financial centre” (IFC) allowing the activities of an IFC to be conducted at one or more qualifying establishment of the corporation operating the IFC (pp. 7 to 9)
• Information Bulletin 2020-9 This link opens a new window. (dated June 29, 2020), Addition of temporary discretionary powers for the administration of tax incentive measures to address the effects of the COVID-19 pandemic (pp. 4 to 6)
• Information Bulletin 2017-14  This link opens a new window. (dated December 20, 2017), Increasing the eligible annual salary limit and broadening the scope of application of the IFC system to include the execution of qualified international financial operations (QIFOs) arising from an outsourcing contract (pp. 5 to 11)