The protocol, signed on 3 September 2002 to the France and Quebec income tax treaty (entente fiscale) of 1 September 1987, entered into force on 1 August 2005. The purpose of this protocol is to harmonize the France-Quebec treaty with the modifications made in the protocol signed on 30 November 1995 to the France-Canada treaty.

15% on dividends in general and 5% (instead of 10% as currently) on dividends paid to a company holding at least 10% of the capital of the company paying the dividends. The benefit of the avoir fiscal tax credit is extended to Quebec residents. It is, however, unlikely that this provision will apply as the avoir fiscal will generally be abolished from 1 J…