Month: March 2018

March 28, 2018 —

Finance Minister Carlos J. Leitão delivered the 2018-2019 Budget on March 27. This budget contains tax measures that affect personal and corporate income tax as well as international tax and sales tax. The most noted change relate to measures with respect to the collection and remittance of the Quebec sales tax on online transactions. In […]

March 22, 2018 —

When an immovable (for example, land) is transferred from one corporation to another without any change in ultimate beneficial ownership (for example, between ‘‘closely related legal persons’’), Québec land transfer tax (LTT) does not apply. This exemption is now to be extended to immovables owned by a partnership, according to proposals for the amendment of […]