Development of E-Business Tax Credit

The eligibility criteria for the Development of E-Business tax credit in Quebec are as follows: 1. Eligible Corporations: - The corporation must primarily engage in information system design or software publishing in Quebec. - At least 75% of its activities should be in the IT sector, and at least 50% of these activities should be covered by specific NAICS codes. 2. Eligible Employees: - Full-time employees who dedicate at least 75% of their time to eligible activities. 3. Eligible Activities: - IT consulting services related to technology, systems development, or e-business processes. - Development and integration of information systems, technology infrastructure, e-commerce solutions, and security services. 4. Excluded Activities: - Operation of e-business solutions, management of information systems arising from e-commerce, customer relations centers, etc. 5. Specific Requirements: - Maintain a minimum of six eligible full-time employees during the taxation year. - Obtain a corporation and employee certificate from Investissement Quebec annually. 6. Eligible Salaries: - Eligible salary is the employment income paid to an eligible employee, up to an annual limit of $83,333. These are the key eligibility criteria for the Development of E-Business tax credit in Quebec.

- At least 75% of the corporation's activities must be in the IT sector - Activities must be primarily in information system design or software publishing - Establishment of activities in Québec - Maintain a minimum of six eligible full-time employees - Eligible employees must devote at least 75% of their time to eligible activities

To apply for the Development of E-Business tax credit in Quebec, you need to follow these steps: 1. Ensure your corporation meets the eligibility criteria as outlined on the Investissement Québec website. 2. Complete the applications for the corporation and employee certificates in French and submit them after your company’s year-end. 3. Await review from Investissement Québec to confirm your eligibility. 4. If you have any questions, contact one of the experts at 1 844 474-6367. If the above steps do not apply to this grant, then the simple answer is "nothing".

- The tax credit is equal to 30% (24% refundable and 6% non-refundable) of the eligible salaries paid by the corporation to eligible employees. - Eligible activities include IT consulting services, development and integration of information systems and technology infrastructure, design and development of e-commerce solutions, and development of security and identification services related to e-commerce activities. - Examples of excluded activities are the operation of an e-business solution, management or operation of information systems or infrastructures, operation of a customer relations center, hardware installation and training activities, administrative tasks, and activities not related to e-business. - Eligible salaries refer to employment income up to an annual limit of $83,333 paid to an eligible employee. - Corporations must obtain both a corporation certificate and an employee certificate from Investissement Québec every year to qualify for the tax credit. - Fees are charged for the analysis of all eligibility certificate applications, and these fees vary based on the specific services provided by Investissement Québec.