The IFC tax credit program encourages the establishment and development of new projects at companies specializing in international financial activities in the greater Montréal area.
A corporation that operates an international financial center (IFC) may be entitled to a tax credit for the salaries of its eligible employees. The tax benefit for a corporation holding IFC status can reach $18,000 per year per employee. The type of tax benefit and the amounts granted vary according to the category of activities carried on by the company.
