Revenu Québec Infos

The RL-31 slip will have to be filed by any person or business that is the owner of a residential complex with one or more leased dwellings. Such property owners will have to provide a copy of the slip to all individuals who were tenants or subtenants of a dwelling on December 31, 2015, so that they can claim the solidarity tax credit in their income tax return.

The RL-31 slip will serve to report information about the leased dwelling, the number of tenants and information about the tenants. It will have to be filed with us and distributed to tenants and subtenants by February 29, 2016.

To prepare and file the RL-31 slip, rental property owners will be able to use either:

• the Prepare and View the RL-31 Slip online service, with its simple authentication procedure; or
• software authorized by Revenu Québec to generate RL-31 slips. 

If neither of these methods is possible, owners will have to contact us.

For complete information on filing RL-31 slips, see the Guide to Filing the RL-31 Slip: Information About a Leased Dwelling (RL-31.G-V).

In the Budget Speech delivered on March 26, 2015, the Minister of Finance announced that an increase in the rate of the fuel tax reduction applicable to gasoline in Québec's border regions and the designated region would take effect at 12:01 a.m. on April 1, 2015.

Refund application

If you sell gasoline on which an amount equal to the fuel tax was collected in advance, you can apply for a refund of the amount that corresponds to the difference between the new rates and the rates in effect before April 1, 2015.

To apply for the refund, you must inventory the gasoline you have in stock at 12:01 a.m. on April 1, 2015, and file form CAZ-14.1.R-V, Application for a Fuel Tax Refund in Respect of Gasoline in Stock at 12:01 a.m. on April 1, 2015 (Retail Dealers), making sure that we receive it by June 30, 2015. Applications received after that date will not be accepted.

The Act respecting the sectoral parameters of certain fiscal measures will be amended to provide that, in order to obtain a qualification certificate for purposes of the refundable tax credits designed to promote the creation of new financial services corporations, a corporation must show that none of its activities is the continuation, in whole or in part, of an activity previously engaged in by another person or a partnership.

Also, a corporation that has a valid qualification certificate for purposes of the above-mentioned tax credits will have to show the Minister of Finance that all the activities it carried on throughout the taxation year or the part of the taxation year (as applicable) for which an application for a certificate is made constitute activities that were not previously engaged in by another person or a partnership. Otherwise, an annual certificate will not be issued.

The amendments to the Act will be declaratory in nature.

For more information, see pages A.110 to A.112 of the document entitled Additional Information 2015-2016 (PDF – 1.96 MB), published by the Ministère des Finances.

The Act respecting the sectoral parameters of certain fiscal measures will be amended to provide that, in order to obtain a qualification certificate for purposes of the refundable tax credits designed to promote the creation of new financial services corporations, a corporation must show that none of its activities is the continuation, in whole or in part, of an activity previously engaged in by another person or a partnership.

Also, a corporation that has a valid qualification certificate for purposes of the above-mentioned tax credits will have to show the Minister of Finance that all the activities it carried on throughout the taxation year or the part of the taxation year (as applicable) for which an application for a certificate is made constitute activities that were not previously engaged in by another person or a partnership. Otherwise, an annual certificate will not be issued.

The amendments to the Act will be declaratory in nature.

For more information, see pages A.110 to A.112 of the document entitled Additional Information 2015-2016 (PDF – 1.96 MB), published by the Ministère des Finances.

The Act respecting the sectoral parameters of certain fiscal measures will be amended to provide that, in order to obtain a qualification certificate for purposes of the refundable tax credits designed to promote the creation of new financial services corporations, a corporation must show that none of its activities is the continuation, in whole or in part, of an activity previously engaged in by another person or a partnership.

Also, a corporation that has a valid qualification certificate for purposes of the above-mentioned tax credits will have to show the Minister of Finance that all the activities it carried on throughout the taxation year or the part of the taxation year (as applicable) for which an application for a certificate is made constitute activities that were not previously engaged in by another person or a partnership. Otherwise, an annual certificate will not be issued.

The amendments to the Act will be declaratory in nature.

For more information, see pages A.110 to A.112 of the document entitled Additional Information 2015-2016 (PDF – 1.96 MB), published by the Ministère des Finances.

The Act respecting the sectoral parameters of certain fiscal measures will be amended to provide that, in order to obtain a qualification certificate for purposes of the refundable tax credits designed to promote the creation of new financial services corporations, a corporation must show that none of its activities is the continuation, in whole or in part, of an activity previously engaged in by another person or a partnership.

Also, a corporation that has a valid qualification certificate for purposes of the above-mentioned tax credits will have to show the Minister of Finance that all the activities it carried on throughout the taxation year or the part of the taxation year (as applicable) for which an application for a certificate is made constitute activities that were not previously engaged in by another person or a partnership. Otherwise, an annual certificate will not be issued.

The amendments to the Act will be declaratory in nature.

For more information, see pages A.110 to A.112 of the document entitled Additional Information 2015-2016 (PDF – 1.96 MB), published by the Ministère des Finances.

The Regulation respecting the determination of total payroll will be amended to provide that, as of 2015, only employers whose total payroll for a year exceeds $2 million will be required to participate in the development of workforce skills for that year.

For more information, see page A.118 of the document entitled Additional Information 2015-2016 (PDF – 1.96 MB), published by the Ministère des Finances.

The Regulation respecting the determination of total payroll will be amended to provide that, as of 2015, only employers whose total payroll for a year exceeds $2 million will be required to participate in the development of workforce skills for that year.

For more information, see page A.118 of the document entitled Additional Information 2015-2016 (PDF – 1.96 MB), published by the Ministère des Finances.

The Regulation respecting the determination of total payroll will be amended to provide that, as of 2015, only employers whose total payroll for a year exceeds $2 million will be required to participate in the development of workforce skills for that year.

For more information, see page A.118 of the document entitled Additional Information 2015-2016 (PDF – 1.96 MB), published by the Ministère des Finances.

The Regulation respecting the determination of total payroll will be amended to provide that, as of 2015, only employers whose total payroll for a year exceeds $2 million will be required to participate in the development of workforce skills for that year.

For more information, see page A.118 of the document entitled Additional Information 2015-2016 (PDF – 1.96 MB), published by the Ministère des Finances.

The eligible amount for a donation of eligible agricultural products that is made after March 26, 2015, by a recognized farm producer to a registered charity that is either the Food Banks of Québec or a Moisson member can be increased by 50% for purposes of calculating the deduction for donations and gifts or the non-refundable tax credit for donations and gifts, as the case may be.

A recognized farm producer is an individual or a corporation that carries on a business registered as an agricultural operation with the Ministère de l'Agriculture, des Pêcheries et de l'Alimentation or that is a member of a partnership carrying on such a business at the end of its fiscal period.

The following products are considered eligible agricultural products:

• meat and meat by-products;
• eggs and dairy products;
• fish;
• fruit;
• vegetables;
• grain;
• legumes;
• fines herbes;
• honey;
• maple syrup;
• mushrooms;
• nuts; and
• any other product grown, raised or harvested by a registered agricultural operation, provided the product can be legally sold, distributed or offered for sale—at a place other than where it was produced—as a food or beverage intended for human consumption. 

However, a processed product is not considered an eligible agricultural product unless it has been processed only to the extent necessary to allow it to be legally sold, distributed or offered for sale—at a place other than where it was produced—as a food or beverage intended for human consumption.

For more information, see pages A.117 and A.118 of the document entitled Additional Information 2015-2016 (PDF – 1.96 MB), published by the Ministère des Finances.

The eligible amount for a donation of eligible agricultural products that is made after March 26, 2015, by a recognized farm producer to a registered charity that is either the Food Banks of Québec or a Moisson member can be increased by 50% for purposes of calculating the deduction for donations and gifts or the non-refundable tax credit for donations and gifts, as the case may be.

A recognized farm producer is an individual or a corporation that carries on a business registered as an agricultural operation with the Ministère de l'Agriculture, des Pêcheries et de l'Alimentation or that is a member of a partnership carrying on such a business at the end of its fiscal period.

The following products are considered eligible agricultural products:

• meat and meat by-products;
• eggs and dairy products;
• fish;
• fruit;
• vegetables;
• grain;
• legumes;
• fines herbes;
• honey;
• maple syrup;
• mushrooms;
• nuts; and
• any other product grown, raised or harvested by a registered agricultural operation, provided the product can be legally sold, distributed or offered for sale—at a place other than where it was produced—as a food or beverage intended for human consumption. 

However, a processed product is not considered an eligible agricultural product unless it has been processed only to the extent necessary to allow it to be legally sold, distributed or offered for sale—at a place other than where it was produced—as a food or beverage intended for human consumption.

For more information, see pages A.117 and A.118 of the document entitled Additional Information 2015-2016 (PDF – 1.96 MB), published by the Ministère des Finances.

The eligible amount for a donation of eligible agricultural products that is made after March 26, 2015, by a recognized farm producer to a registered charity that is either the Food Banks of Québec or a Moisson member can be increased by 50% for purposes of calculating the deduction for donations and gifts or the non-refundable tax credit for donations and gifts, as the case may be.

A recognized farm producer is an individual or a corporation that carries on a business registered as an agricultural operation with the Ministère de l'Agriculture, des Pêcheries et de l'Alimentation or that is a member of a partnership carrying on such a business at the end of its fiscal period.

The following products are considered eligible agricultural products:

• meat and meat by-products;
• eggs and dairy products;
• fish;
• fruit;
• vegetables;
• grain;
• legumes;
• fines herbes;
• honey;
• maple syrup;
• mushrooms;
• nuts; and
• any other product grown, raised or harvested by a registered agricultural operation, provided the product can be legally sold, distributed or offered for sale—at a place other than where it was produced—as a food or beverage intended for human consumption. 

However, a processed product is not considered an eligible agricultural product unless it has been processed only to the extent necessary to allow it to be legally sold, distributed or offered for sale—at a place other than where it was produced—as a food or beverage intended for human consumption.

For more information, see pages A.117 and A.118 of the document entitled Additional Information 2015-2016 (PDF – 1.96 MB), published by the Ministère des Finances.

The eligible amount for a donation of eligible agricultural products that is made after March 26, 2015, by a recognized farm producer to a registered charity that is either the Food Banks of Québec or a Moisson member can be increased by 50% for purposes of calculating the deduction for donations and gifts or the non-refundable tax credit for donations and gifts, as the case may be.

A recognized farm producer is an individual or a corporation that carries on a business registered as an agricultural operation with the Ministère de l'Agriculture, des Pêcheries et de l'Alimentation or that is a member of a partnership carrying on such a business at the end of its fiscal period.

The following products are considered eligible agricultural products:

• meat and meat by-products;
• eggs and dairy products;
• fish;
• fruit;
• vegetables;
• grain;
• legumes;
• fines herbes;
• honey;
• maple syrup;
• mushrooms;
• nuts; and
• any other product grown, raised or harvested by a registered agricultural operation, provided the product can be legally sold, distributed or offered for sale—at a place other than where it was produced—as a food or beverage intended for human consumption. 

However, a processed product is not considered an eligible agricultural product unless it has been processed only to the extent necessary to allow it to be legally sold, distributed or offered for sale—at a place other than where it was produced—as a food or beverage intended for human consumption.

For more information, see pages A.117 and A.118 of the document entitled Additional Information 2015-2016 (PDF – 1.96 MB), published by the Ministère des Finances.

Major changes are to be made to the tax credit for salaries and wages (IFC) (hereinafter the "refundable tax credit") (referred to in the Budget Speech as the refundable tax credit for international financial centres). It will be replaced almost entirely by a non-refundable tax credit, except with respect to back-office activities. The refundable tax credit may still be claimed in respect of such activities, which, subject to certain conditions, may be considered qualified international financial transactions (QIFTs).

Continuation of the refundable tax credit with respect to back-office activities

The Act respecting sectoral parameters of certain fiscal measures will be amended so that an eligible corporation that operates a business, all of whose activities are back-office activities that qualify as QIFTs, may obtain a qualification certificate that recognizes the business as an international financial centre (IFC) and the annual certificate that is required for purposes of the refundable tax credit.

These amendments relating to corporations will apply to taxation years that begin after March 26, 2015.

Replacement of the refundable tax credit with a non-refundable tax credit in respect of activities other than back-office activities

Tax legislation will be amended so that an eligible corporation that operates a business recognized as an IFC by the Minister of Finance may deduct from its income tax otherwise payable for a taxation year an amount representing 24% of the qualified salaries and wages it incurred for the year in respect of its eligible employees. This new non-refundable tax credit cannot be greater than $16,000 per employee, calculated on an annual basis.

All the conditions in tax legislation that apply to the refundable tax credit will apply to the new non-refundable tax credit, with the necessary modifications.

Furthermore, an eligible corporation will be able to carry back over the three preceding taxation years or carry forward over the following 20 taxation years the portion of the tax credit that did not reduce its income tax payable for the taxation year to which the tax credit relates. However, no carry-over is possible in respect of either a taxation year for which the corporation does not have a valid qualification certificate for purposes of the non-refundable tax credit or a taxation year ending before March 27, 2015.

These amendments relating to eligible corporations will apply to taxation years that begin after March 26, 2015.

For more information, see pages A.95 to A.100 of the document entitled Additional Information 2015-2016 (PDF – 1.96 MB), published by the Ministère des Finances.

Major changes are to be made to the tax credit for salaries and wages (IFC) (hereinafter the "refundable tax credit") (referred to in the Budget Speech as the refundable tax credit for international financial centres). It will be replaced almost entirely by a non-refundable tax credit, except with respect to back-office activities. The refundable tax credit may still be claimed in respect of such activities, which, subject to certain conditions, may be considered qualified international financial transactions (QIFTs).

Continuation of the refundable tax credit with respect to back-office activities

The Act respecting sectoral parameters of certain fiscal measures will be amended so that an eligible corporation that operates a business, all of whose activities are back-office activities that qualify as QIFTs, may obtain a qualification certificate that recognizes the business as an international financial centre (IFC) and the annual certificate that is required for purposes of the refundable tax credit.

These amendments relating to corporations will apply to taxation years that begin after March 26, 2015.

Replacement of the refundable tax credit with a non-refundable tax credit in respect of activities other than back-office activities

Tax legislation will be amended so that an eligible corporation that operates a business recognized as an IFC by the Minister of Finance may deduct from its income tax otherwise payable for a taxation year an amount representing 24% of the qualified salaries and wages it incurred for the year in respect of its eligible employees. This new non-refundable tax credit cannot be greater than $16,000 per employee, calculated on an annual basis.

All the conditions in tax legislation that apply to the refundable tax credit will apply to the new non-refundable tax credit, with the necessary modifications.

Furthermore, an eligible corporation will be able to carry back over the three preceding taxation years or carry forward over the following 20 taxation years the portion of the tax credit that did not reduce its income tax payable for the taxation year to which the tax credit relates. However, no carry-over is possible in respect of either a taxation year for which the corporation does not have a valid qualification certificate for purposes of the non-refundable tax credit or a taxation year ending before March 27, 2015.

These amendments relating to eligible corporations will apply to taxation years that begin after March 26, 2015.

For more information, see pages A.95 to A.100 of the document entitled Additional Information 2015-2016 (PDF – 1.96 MB), published by the Ministère des Finances.

Major changes are to be made to the tax credit for salaries and wages (IFC) (hereinafter the "refundable tax credit") (referred to in the Budget Speech as the refundable tax credit for international financial centres). It will be replaced almost entirely by a non-refundable tax credit, except with respect to back-office activities. The refundable tax credit may still be claimed in respect of such activities, which, subject to certain conditions, may be considered qualified international financial transactions (QIFTs).

Continuation of the refundable tax credit with respect to back-office activities

The Act respecting sectoral parameters of certain fiscal measures will be amended so that an eligible corporation that operates a business, all of whose activities are back-office activities that qualify as QIFTs, may obtain a qualification certificate that recognizes the business as an international financial centre (IFC) and the annual certificate that is required for purposes of the refundable tax credit.

These amendments relating to corporations will apply to taxation years that begin after March 26, 2015.

Replacement of the refundable tax credit with a non-refundable tax credit in respect of activities other than back-office activities

Tax legislation will be amended so that an eligible corporation that operates a business recognized as an IFC by the Minister of Finance may deduct from its income tax otherwise payable for a taxation year an amount representing 24% of the qualified salaries and wages it incurred for the year in respect of its eligible employees. This new non-refundable tax credit cannot be greater than $16,000 per employee, calculated on an annual basis.

All the conditions in tax legislation that apply to the refundable tax credit will apply to the new non-refundable tax credit, with the necessary modifications.

Furthermore, an eligible corporation will be able to carry back over the three preceding taxation years or carry forward over the following 20 taxation years the portion of the tax credit that did not reduce its income tax payable for the taxation year to which the tax credit relates. However, no carry-over is possible in respect of either a taxation year for which the corporation does not have a valid qualification certificate for purposes of the non-refundable tax credit or a taxation year ending before March 27, 2015.

These amendments relating to eligible corporations will apply to taxation years that begin after March 26, 2015.

For more information, see pages A.95 to A.100 of the document entitled Additional Information 2015-2016 (PDF – 1.96 MB), published by the Ministère des Finances.

Major changes are to be made to the tax credit for salaries and wages (IFC) (hereinafter the "refundable tax credit") (referred to in the Budget Speech as the refundable tax credit for international financial centres). It will be replaced almost entirely by a non-refundable tax credit, except with respect to back-office activities. The refundable tax credit may still be claimed in respect of such activities, which, subject to certain conditions, may be considered qualified international financial transactions (QIFTs).

Continuation of the refundable tax credit with respect to back-office activities

The Act respecting sectoral parameters of certain fiscal measures will be amended so that an eligible corporation that operates a business, all of whose activities are back-office activities that qualify as QIFTs, may obtain a qualification certificate that recognizes the business as an international financial centre (IFC) and the annual certificate that is required for purposes of the refundable tax credit.

These amendments relating to corporations will apply to taxation years that begin after March 26, 2015.

Replacement of the refundable tax credit with a non-refundable tax credit in respect of activities other than back-office activities

Tax legislation will be amended so that an eligible corporation that operates a business recognized as an IFC by the Minister of Finance may deduct from its income tax otherwise payable for a taxation year an amount representing 24% of the qualified salaries and wages it incurred for the year in respect of its eligible employees. This new non-refundable tax credit cannot be greater than $16,000 per employee, calculated on an annual basis.

All the conditions in tax legislation that apply to the refundable tax credit will apply to the new non-refundable tax credit, with the necessary modifications.

Furthermore, an eligible corporation will be able to carry back over the three preceding taxation years or carry forward over the following 20 taxation years the portion of the tax credit that did not reduce its income tax payable for the taxation year to which the tax credit relates. However, no carry-over is possible in respect of either a taxation year for which the corporation does not have a valid qualification certificate for purposes of the non-refundable tax credit or a taxation year ending before March 27, 2015.

These amendments relating to eligible corporations will apply to taxation years that begin after March 26, 2015.

For more information, see pages A.95 to A.100 of the document entitled Additional Information 2015-2016 (PDF – 1.96 MB), published by the Ministère des Finances.

Tax legislation will be amended to restore the former parameters of the tax credit for the production of performances. However, a new, lower cap will be applicable to a qualified performance that is a comedy show. Consequently,

• the tax credit rate applicable to a qualified labour expenditure will be 35% (instead of 28%);
• the maximum tax credit in respect of a qualified performance will be 
  • $1.25 million (instead of $1 million), where the qualified performance is a musical comedy,
  • $350,000, where the qualified performance is a comedy show,
  • $750,000 (instead of $600,000) otherwise.

The increase in the tax credit rate will apply to an eligibility period of a qualified performance beginning after March 26, 2015, for which an application for an advance ruling or, where no such application was previously filed in respect of the eligibility period, an application for a certificate is filed with the Société de développement des entreprises culturelles (SODEC) after that day.

The increase in the cap on the tax credit will apply to a qualified performance, other than a qualified performance that is a comedy show, where one of its eligibility periods is not completed on March 26, 2015.

The decrease in the cap on the tax credit will apply to a qualified performance that is a comedy show for which an application for an advance ruling or, where no such application was previously filed in respect of the initial eligibility period an application for a certificate is filed with SODEC:

• after March 26, 2015, where SODEC considers that work on the production of the performance was not sufficiently advanced on March 26, 2015;
• after June 30, 2015, otherwise.

For more information, see pages A.91 and A.92 of the document Additional Information 2015-2016 (PDF – 1.96 MB) published by the Ministère des Finances.

Tax legislation will be amended to restore the former parameters of the tax credit for the production of performances. However, a new, lower cap will be applicable to a qualified performance that is a comedy show. Consequently,

• the tax credit rate applicable to a qualified labour expenditure will be 35% (instead of 28%);
• the maximum tax credit in respect of a qualified performance will be 
  • $1.25 million (instead of $1 million), where the qualified performance is a musical comedy,
  • $350,000, where the qualified performance is a comedy show,
  • $750,000 (instead of $600,000) otherwise.

The increase in the tax credit rate will apply to an eligibility period of a qualified performance beginning after March 26, 2015, for which an application for an advance ruling or, where no such application was previously filed in respect of the eligibility period, an application for a certificate is filed with the Société de développement des entreprises culturelles (SODEC) after that day.

The increase in the cap on the tax credit will apply to a qualified performance, other than a qualified performance that is a comedy show, where one of its eligibility periods is not completed on March 26, 2015.

The decrease in the cap on the tax credit will apply to a qualified performance that is a comedy show for which an application for an advance ruling or, where no such application was previously filed in respect of the initial eligibility period an application for a certificate is filed with SODEC:

• after March 26, 2015, where SODEC considers that work on the production of the performance was not sufficiently advanced on March 26, 2015;
• after June 30, 2015, otherwise.

For more information, see pages A.91 and A.92 of the document Additional Information 2015-2016 (PDF – 1.96 MB) published by the Ministère des Finances.