Tax & Fiscal Environment Nova Scotia’s tax and fiscal environment moved to rank 4th in Canada and 1st in Atlantic Canada. Rankings improved in government expenditures per GDP, property tax per GDP and corporate tax per GDP. Rankings slipped in personal income tax paid and sales tax per GDP. Overall Nova Scotia’s tax & fiscal environment continues to be competitive. INDICATORS 2000r 2001 Tax Base Corporate Tax/GDP 5 3 Indirect Tax/Personal Income 2 2 Personal Income Tax 4 9 Sales Tax/Personal Income 4 5 Property Tax/GDP 4 3 Workers’ Compensation Premiums 8 8 Expenditures Base R&D Tax Credits/Businesses 6 6 Business Subsidies/GDP 2 2 Government Expenditures/GDP 7 6 Public Debt per Capita 8 8 Government Employment per Capita 2 2 Overall Ranking Tax & Fiscal Environment 3 4 r = ranking has been revised to include new indicators and revisions by Statistics Canada * not included in calculating the overall ranking; comparable data not available		Contact      Print

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