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Update on Quebec: Legal Developments ( May 2006 )
In 2003, significant changes to the business tax regime were announced by the then newly elected government of the province of Quebec. These measures suspended, reduced or eliminated a number of tax incentives that had been created to foster specific sectors of the Quebec economy. In the two successive provincial budgets delivered after the changes were announced in 2003, the government of Québec has tinkered with some of the announced changes.
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