Quebec Extends Tax Credit to Support the Digital Transformation of Print Media Companies and Introduces a New Credit for Salary Costs

The revenue authority of Quebec, Canada has published a release announcing the extension of a tax credit to Support the Digital Transformation of Print Media Companies. Although not mentioned in the English-language release (below), a new refundable tax credit has also been introduced in connection with the extension that is calculated at the rate of 35% on eligible employee salary costs incurred after 31 December 2018. The eligible salary base is equal to CAD 75,000 multiplied by the ratio …