A “tax return” is a form published by Revenu Quebec for reporting of income, credits and deductions. The Québec income tax applies to the following entities:
Québec TP1 V vs Federal T1 return
| Description | Federal Personal Tax Return (T1) | Québec Personal Tax Return (TP1) |
|---|
| Form and Authority | T1 General — Income Tax and Benefit Return (Canada Revenue Agency) | TP-1 — Income Tax Return (Revenu Québec) |
| Who Must File | All individuals who earned income in Canada or have tax payable to the federal government | All individuals who are residents of Québec on December 31 or earned income from Québec sources |
| Where to File | Canada Revenue Agency (CRA) | Revenu Québec |
| Filing Deadline | April 30 of the following year (June 15 for self-employed, but payment due April 30) | April 30 of the following year (June 15 for self-employed, but payment due April 30) |
| Language of Return | English or French | Primarily French |
| Tax Rates | Progressive rates (approx. 14.5% to 33%) | Progressive rates (approx. 14% to 25.75%) |
| Filing Method | Online through NETFILE, paper filing, or tax software | Online through NetFile Québec, paper filing, or certified software |
| Deductions and Credits | Federal credits such as Canada Workers Benefit, tuition, disability, and charitable donations | Québec credits such as Solidarity Tax Credit, QST credit, and various provincial refundable credits |
| Health Contribution / Premiums | None federally | May include Québec Prescription Drug Insurance Premium or other provincial levies |
| Child and Family Benefits | Canada Child Benefit (CCB), GST/HST credit | Québec Family Allowance, Solidarity Tax Credit |
Québec CO-17-V vs Federal T2 return
| Description | Federal Corporate Return (T2) | Québec Corporate Return (CO-17) |
|---|
| Form and Authority | T2 — Corporation Income Tax Return (CRA) | CO-17 — Corporation Income Tax Return (Revenu Québec) |
| Who Must File | All corporations resident in Canada (including inactive ones), except registered charities | All corporations that have a permanent establishment in Québec or carry on business in Québec |
| Filing Deadline | Within 6 months after the end of the corporation’s fiscal year | Same as federal — within 6 months after the end of the fiscal year |
| Payment Due Date | Generally, 2 or 3 months after the fiscal year-end (depending on type of corporation) | Same as federal — 2 or 3 months after the fiscal year-end |
| Where to File | Canada Revenue Agency (CRA) | Revenu Québec |
| Electronic Filing | Mandatory for most corporations with gross revenue over $1 million | Mandatory for most corporations; can be filed through Revenu Québec’s online services |
| Language of Return | English or French | French (mainly) |
| Main Schedules / Attachments | Financial statements, Schedule 1 (Net Income for Tax Purposes), Schedule 50 (Shareholder Info), etc. | Financial statements, Schedule 1.A (Québec Adjustments), Schedule 31 (Tax Credits), etc. |
| Tax Rates | General rate approx. 15% (after federal small business deduction: 9% for eligible CCPCs) | General rate approx. 11.5% (after small business deduction: 3.2% for eligible CCPCs) |
Québec TP-985.22-vs Federal T3010
| Description | Federal T3010 | Québec TP-985.22-V |
|---|
| Form and Authority | Registered Charity Information Return (CRA) | Information Return for Registered Charities and Other Donees (Revenu Québec) |
| Who Must File | All registered charities in Canada, regardless of location | Registered charities that operate in Québec |
| Filing Deadline | Within six months of the charity's fiscal year-end | Within six months of the charity's fiscal year-end |
| Filing Method | Can be filed online via CRA's My Business Account | Revenu Québec does not automatically send the form; the charity must obtain and file it |
| Filing Requirements | Reports detailed information about the charity's activities and finances | Similar to the federal return; a copy of the federal T3010 can be included |