Extension of the tax credit for the construction of public access roads and bridges in forest areas
In the Budget Speech of March 30, 2010, the Québec Minister of Finance announced that the tax credit for the construction of public access roads and bridges would be extended until March 31, 2013.
The rate of the tax credit will decrease by 10% per calendar year as follows:
- 90% for expenses incurred in 2010
- 80% for expenses incurred in 2011
- 70% for expenses incurred in 2012
- 60% for expenses incurred after December 31, 2012, but before April 1, 2013
For further information, see page A.101 in Additional Information on the Budgetary Measures, published by the Ministère des Finances.