Credit Rate
The tax credit is equal to 30% (24% refundable and 6% non-refundable) of the eligible salaries paid by the corporation to eligible employees. Your corporation may be eligible if the activities it carries out are primarily in the fields of information system design or software publishing and they are carried out in an establishment in Québec.
Your corporation must show:
that at least 75% of its activities are in the IT sector1 and that at least 50% of these activities are covered by NAICS codes 541514, 541515, 511211, 511212 and, under certain conditions, 561320 and 561330, for the taxation year covered by the eligibility certificate application or for the prior taxation year;
that at least 75% of its activities covered by NAICS codes 541514, 541515, 511211, 511212, 561320 and 561330 include services ultimately provided to persons with whom it is at arm’s length or services relating to applications developed by the corporation that are used exclusively outside Québec;
1 Activities in the IT sector mean activities covered by codes 334110, 334220, 334410, 417310, 443144, 511211, 511212, 51821, 541514, 541515 and, under certain conditions, 561320 and 561330 of the North American Industry Classification System (NAICS) 2012.
that it maintained, at all times, for a given taxation year, a minimum of six eligible full-time employees; however, specific rules apply to transfers of activities and business start-ups in Québec. Source : site web investissement Québec
Source: IQ Web site