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18 March 2020

New Quebec corporate transparency rules discussed

The 2020-21 Quebec budget tabled on March 10, introduced new rules and procedures regarding business registration to increase corporate transparency in Quebec. These measures are expected to be implemented one year after the implementing bill is given Royal Assent, to give businesses time to adapt. The budget documents state that an implementing bill will be tabled "in the coming months." These rules will allow the public more access to information on individuals listed in the Quebec enterprise register.

A Tax Alert prepared by Ernst & Young Canada, and attached below, provides additional details.

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ATTACHMENT

Full text of this Tax Alert

Document ID: 2020-0582

 

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