Tax credit Landing page

 

TAX CREDITS

EXPANSION and REVITALIZATION programs

 

EXPANSION PROGRAM

Property tax credit, offered throughout the territory, supporting the construction or improvement of non-residential buildings by businesses in eligible industry sectors.

The owner of an eligible building receives a tax credit for a maximum period of 60 months, up to $1.6 million per year. The tax credit is equal to a percentage of the general property value increase established after eligible work has been completed.

No tax credit will be granted if the work is started or carried out before the application is approved or before receiving the written notice of compliance.

Applications must be submitted by December 31, 2020. It is therefore important to submit your full application before this date.

For program details and to file an application, consult the documents below:

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REVITALIZATION PROGRAM

Property tax credit supporting the revitalization, modernization and enlargement of buildings in Parc industriel Centre and Parc industriel Est (Saint-Vincent-de-Paul sector).

Eligible projects include construction, demolition, rebuilding, renovation or enlargement work that increases the property value by at least 30%. The building must be located within the program territory. This tax credit for a maximum period of 48 months, up to $1 million per year. This tax credit is equal to a percentage of the general property value increase established after eligible work has been completed.

No tax credit will be granted if the work is started or carried out before the application is approved or before receiving the written notice of compliance.

Applications must be submitted by December 31, 2020. It is therefore important to file your full application before this date.

See our Geoweb map to find out if your business is eligible for the REVITALIZATION program: Click on THIS LINK (Geoweb map) and follow the steps below:

For program details and to file an application, consult the documents below.

 

For more information, contact the City of Laval Economic Development at 450-978-5959 or lavaleconomique@laval.ca.