close
Share with your friends

Highlights of the 2019 Quebec Fall Update

Highlights of the 2019 Quebec Fall Update

Quebec’s Minister of Finance Éric Girard has delivered the fall update on the province’s economic and financial situation.

1000

Related content

Quebec's Minister of Finance Éric Girard has delivered the fall update on the province's economic and financial situation alongside a 13-page information bulletin of related fiscal measures. The update, which was released on November 7, 2019, enhances the refundable tax credit for child assistance, eases access to the Solidarity tax credit for individuals receiving financial assistance, and increases the income threshold for individuals to be exempt from paying premiums under the province's Public Prescription Drug Insurance Plan. The update also reduces daily parking rates at hospitals, long-term care centres (CHSLD) and local community service centres (CLSC), and re-introduces a single reduced rate for subsidized childcare services.

In addition, the update announces a change to qualify for deferral of tax on a deemed disposition of shares of qualified public corporations upon the 21st anniversary of a trust or on a person's death.

Download this edition of the TaxNewsFlash to learn more.

Connect with us

 

Want to do business with KPMG?

 

loading image Request for proposal