- Quebec plans to introduce QST relief on certain food items and two specific hygiene products, effective July 15, 2026.
- The measure is not yet legislated or enacted, and further details may come in future legislation.
- Quebec also plans to align with federal tax measures, including accelerated CCA for eligible LNG equipment facilities.
- Quebec intends to make permanent the tax exemption for up to CA$10 million in capital gains on qualifying business sales to employee ownership trusts or worker cooperatives.
Source: kpmg.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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