D-15.1 - Act respecting duties on transfers of immovables

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2.1. Each of the amounts establishing the parts of the basis of imposition provided for in the first paragraph of section 2 shall be indexed annually. The indexation shall consist in increasing the amount applicable for the preceding fiscal year by a percentage corresponding to the rate of increase, according to the Institut de la statistique du Québec, of the all-items Consumer Price Index for Québec.
That rate is established by
(1)  subtracting the index established for the third year preceding the fiscal year concerned from the index established for the second year preceding that fiscal year; and
(2)  dividing the difference obtained under subparagraph 1 by the index established for the third year preceding the fiscal year concerned.
If the indexation results in a number that includes tens or units, those tens and units are not considered and, if those tens and units would have represented a number greater than 49, the result is rounded up to the nearest hundred.
If an increase is impossible for the fiscal year concerned, the amount applicable for that fiscal year shall be equal to the amount applicable for the preceding fiscal year.
Not later than 31 July before the beginning of the fiscal year concerned, the Minister of Municipal Affairs, Regions and Land Occupancy shall publish a notice in the Gazette officielle du Québec
(1)  stating the percentage corresponding to the rate of increase used to establish any amount applicable for that fiscal year or, as the case may be, stating that an increase is impossible for that fiscal year; and
(2)  stating any amount applicable for that fiscal year.
2017, c. 132017, c. 13, s. 148.