422 – Tax credit for the acquisition of Capital régional et coopératif Desjardins shares
You can claim this tax credit if you were resident in Québec on December 31, 2023, and you acquired, as first purchaser, Capital régional et coopératif Desjardins shares during the period from March 1, 2023, to February 29, 2024.
To claim this credit, enter the amount from box B of your RL-26 slip on line 422.
Note that you cannot carry forward the portion of the credit you are not claiming in 2023.
You are not entitled to this tax credit if:
- you requested that Capital régional et coopératif Desjardins redeem shares that you acquired after February 28, 2023;
- before March 1, 2024, Capital régional et coopératif Desjardins redeemed or purchased shares that you acquired before March 1, 2023, and for which you were entitled to a tax credit for a year prior to 2023.
Special tax related to the redemption of Capital régional et coopératif Desjardins shares
If you claim a tax credit on line 422 of your return and, in a future year, you request that Capital régional et coopératif Desjardins redeem shares that you held for fewer than seven years, a portion of the tax credit you obtained will be recovered.