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Tax credit for taxes paid by an environmental trust – Businesses
Tax credit for businesses with income from environmental trusts
Last Update: March 4, 2026
Funding available
No Condition
Timeline
- Open continuously
Location
Quebec, Canada
Overview
The Tax Credit for Taxes Paid by an Environmental Trust allows eligible corporations to claim a tax credit equivalent to their share of taxes paid by an environmental trust included in their income; the credit amount is not specified as it corresponds to the corporation’s portion of the trust’s tax liability. This program aims to support corporations benefiting from environmental trusts by reducing their tax burden, provided they meet specific eligibility and documentation requirements.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Reduce environmental footprint
Eligible Funding
- No Condition
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- All industries
Location
- Quebec
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Next steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Participation in an environmental trust that generates income allocated to the business.
- Engagement as a partner in a partnership benefiting from an environmental trust.
Eligibility
Who is eligible?
- Corporations that have included amounts from an environmental trust in their income for the taxation year
- Corporations that are members of a partnership benefiting from an environmental trust
Who is not eligible
- Corporations that are exempt from tax are not eligible to apply for this tax credit.
Eligible expenses
- Taxes paid by an environmental trust and allocated to a company as a beneficiary or partner.
Eligible geographic areas
- Quebec
Additional information
- The tax credit received by the corporation for taxes paid by an environmental trust is not taxable income.
- The prescribed form for claiming the credit (CO-1029.8.36.53) must be completed and included with the corporate tax return.
- Additional documents must be prepared and retained in case of a request from tax authorities, but they do not need to be submitted with the initial claim.
- For more detailed guidance, applicants are advised to consult the Guide to the Corporate Income Tax Return (CO-17.G).
Frequently Asked Questions about the Tax credit for taxes paid by an environmental trust – Businesses Program
Here are answers to the most common questions about the Tax credit for taxes paid by an environmental trust – Businesses. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the Tax credit for taxes paid by an environmental trust – Businesses?
The Tax Credit for Taxes Paid by an Environmental Trust allows eligible corporations to claim a tax credit equivalent to their share of taxes paid by an environmental trust included in their income; the credit amount is not specified as it corresponds to the corporation’s portion of the trust’s tax liability. This program aims to support corporations benefiting from environmental trusts by reducing their tax burden, provided they meet specific eligibility and documentation requirements.
Who is eligible for the Tax credit for taxes paid by an environmental trust – Businesses program?
To be eligible for the Tax credit for taxes paid by an environmental trust – Businesses program, you must:
The company must not be tax-exempt.
The company must have included income from an environmental trust during the tax year.
What expenses are eligible under Tax credit for taxes paid by an environmental trust – Businesses?
Participation in an environmental trust that generates income allocated to the business.
Engagement as a partner in a partnership benefiting from an environmental trust.
Where is the Tax credit for taxes paid by an environmental trust – Businesses available?
The Tax credit for taxes paid by an environmental trust – Businesses program is available the province of Quebec.
Is the Tax credit for taxes paid by an environmental trust – Businesses a grant, loan, or tax credit?
Tax credit for taxes paid by an environmental trust – Businesses is a Tax Credits
Who are the financial supporters of the Tax credit for taxes paid by an environmental trust – Businesses?
Tax credit for taxes paid by an environmental trust – Businesses is funded by Revenu Québec, Gouvernment of Québec
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