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Temporary Change in the Rate of the Tax Credit for the Acquisition of Shares Issued by Fondaction

The rate of the tax credit for the acquisition of shares issued by Fondaction is changing to 20% for all class A and class B shares acquired after May 31, 2015, and before June 1, 2016. This means that, if an employee has authorized you to withhold an amount from his or her remuneration for the purchase, after May 31, 2015, and before June 1, 2016, of class A or class B shares issued by Fondaction, you must adjust the calculation of that employee's source deductions of income tax.

For more information, refer to document PZ-972-V, Temporary Change in the Rate of the Tax Credit for the Acquisition of Shares Issued by Fondaction.

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