Canada: Tax measures in 2024 budget (Quebec)

No changes to corporate or individual (personal) income tax rates

No changes to corporate or individual (personal) income tax rates

Quebec’s Finance Minister on 12 March 2024 delivered the 2024 provincial budget.

Although the budget does not include any changes to the corporate or individual (personal) income tax rates, it does propose changes to:

  • The refundable tax credit granting an allowance to families
  • The tax credits for the development of e-business
  • Other corporate tax credits

The budget also announces a gradual elimination of the rebates on the purchase of electric vehicles

Read a March 2024 report [PDF 218 KB] prepared by the KPMG member firm in Canada


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