Share Purchase Tax Credit 

Innovation PEI, Government of Prince Edward Island
Applies only to: Prince Edward Island

Your corporation may be able to attract investors by giving them a certificate which they can use to get a rebate on their personal income tax. They can get 35% of their eligible investment (up to $35,000) in a taxation year.

To qualify, your business must:

  • Be involved in:
    • Manufacturing and processing for export
    • Interactive, information and communications technology
    • Aerospace
    • Life sciences
    • Renewable energy
  • Maintain a permanent establishment in PEI
  • Pay 75% of its salaries to PEI residents
Date modified: