Tax credit for pyrolytic oil production in Québec - QC - Canada

Tax credit for pyrolytic oil production in Québec

grant_single|update April 27, 2025
QC, Canada
Tax incentive supporting eligible pyrolytic oil production in Quebec

grant_single_labels|summary

grant_single|eligibleFinancing
  • grant_single|noCondition
grant_single|deadlines
  • grant_single|timelineUnspecified
grant_single|financingType
Tax Credits
grant_single|eligibleIndustries
  • Manufacturing
grant_single|grantors
  • Revenu Québec
  • Gouvernement du Québec
grant_single|status
grant_card_status|open

grant_single_labels|preview

The Tax Credit for Pyrolytic Oil Production in Québec provides financial support to eligible corporations producing pyrolytic oil in Quebec before April 1, 2033; the maximum funding amount is not specified in the available information. This program aims to encourage the production of pyrolytic oil by offering a refundable tax credit to companies that meet specific eligibility and compliance requirements.

grant_single_labels|projects

  • Production of eligible pyrolytic oil in Québec.
grant_single|admissibleProjectsExample

$ 34,000

Modernizing a bakery with energy-efficient ovens and POS system

$ 16,000

Expanding a bicycle repair co-op with accessible tools and workshops

$ 45,000

Developing an eco-friendly packaging line for artisan foods

$ 20,000

Establishing a textile upcycling workshop for at-risk youth

$ 24,000

Digitizing archives of a community arts centre for public access

$ 32,000

Launching an online cooking class platform for immigrants

grant_single_labels|admissibility

  • The company must have an establishment in Quebec and operate an eligible pyrolytic oil production business in the province during its taxation year.
  • The company must not be a tax-exempt corporation for the year.
  • The company must not be a Crown corporation or a wholly controlled subsidiary of such a corporation.
  • For a taxation year ending after March 31, 2023, the company must obtain an eligibility certificate from the Minister of Economy, Innovation and Energy regarding the eligible pyrolytic oil production.

grant_eligibility_criteria|who_can_apply

  • Companies with an establishment in Quebec producing eligible pyrolytic oil

grant_eligibility_criteria|who_cannot_apply

  • Companies that are exempt from tax for the year.
  • Crown corporations or wholly-owned subsidiaries of such corporations.

grant_eligibility_criteria|zone

  • Companies with an establishment in Quebec.

grant_single_labels|apply

  • Step 1: Include Tax Credit Information in Corporate Tax ReturnEnter the name of the tax credit, its code (106), and the eligible amount on one of lines 440p to 440y in your corporate tax return.
  • Step 2: Gather Required DocumentsComplete the form "Crédit d'impôt pour production d'huile pyrolytique au Québec" (CO-1029.8.36.HP).
  • Prepare a report for each month of the fiscal year detailing:Eligible pyrolytic oil production done in Québec
  • Name of the acquiring individual or partnership
  • Number of litres acquired
  • Date of sale
  • Date and address for possession
  • Complete the agreement form (CO-1029.8.36.HQ), if applicable.
  • If your fiscal year ends after March 31, 2023, include a copy of any valid eligibility attestation issued by the Minister of Economy, Innovation and Energy for the year or a previous year, for each type of eligible pyrolytic oil produced and included in the eligible monthly production.
  • Step 3: Submit Documents with Tax ReturnAttach all required documents to your corporate tax return when submitting your application.
  • If filing electronically via authorized software, you do not need to provide paper documents.
  • If filing by mail, clearly indicate on each document the name of the company, identification and account numbers, and fiscal year-end date.
  • For fiscal years ending after March 31, 2023, ensure any required eligibility attestations are included. If you are unable to attach them at submission, send them as soon as possible, but no later than either:Twelve months after the corporate tax filing deadline for the fiscal year
  • Three months after the date the eligibility attestation is issued (whichever is later)
  • Step 4: Ensure Complete and Timely SubmissionTransmit all documents in a single submission to expedite processing.
  • The application will be accepted and processed only when all prescribed documents and required attestations (if needed) are received within the deadlines. Processing will commence once all necessary attestations are provided.

grant_single_labels|otherInfo

  • All prescribed documents must include the company's name, identification numbers, file number, and fiscal year-end date if submitted by mail.
  • If documents cannot be submitted with the tax return, they must be sent within the specified deadlines to avoid processing delays.
  • Electronic transmission of the application and related documents is permitted using authorized software, in which case paper copies are not required.
  • It is recommended to submit all required documents in a single package to ensure swift processing of the application.

Apply to this program

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