Search found 2 matches

by lith
Sun Mar 07, 2021 2:00 am
Forum: Canada / United States Tax & Accounting
Topic: US government stimulus check taxed by Quebec?
Replies: 2
Views: 1625

Re: US government stimulus check taxed by Quebec?

nelsona wrote:
> In foreign taxation, QC and the other provinces follow the lead of CRA.

Thank you for the clear, explanatory reply !
That's exactly what I needed.
-- lith
by lith
Sat Mar 06, 2021 3:37 am
Forum: Canada / United States Tax & Accounting
Topic: US government stimulus check taxed by Quebec?
Replies: 2
Views: 1625

US government stimulus check taxed by Quebec?

The US Congress passed the CARES Act explaining that the US $1200 stimulus was legally defined to be a tax credit:
IN GENERAL. — In the case of an eligible individual,
there shall be allowed as a credit against the tax
imposed by subtitle A for the first taxable year beginning
in 2020 an amount ...