About

The Investment and Innovation Tax Credit (IITC) is aimed to encourage businesses in Québec to invest in new technology, equipment and innovations by offering a tax credit on qualified purchases. These investments can be made on manufacturing or processing equipment, general-purpose electronic data processing equipment, certain management software packages such as CRM software or ERP systems, or specialized mining and metallurgy equipment. The rate of the tax credit ranges from 15%, 20% or 25% depending on the economic vitality zone in which the business is located.