Tax & Fiscal Environment Nova Scotia's tax and fiscal environment ranks 4th (tie) in Canada and continues to rank 1st in Atlantic Canada. Rankings improved in business subsidies and property tax per GDP. Rankings slipped in sales tax per GDP and indirect tax per personal income. Overall Nova Scotia's tax & fiscal environment continues to be competitive but is trending down. INDICATORS 2001r 2002 2003 Tax Base Corporate Tax/GDP 4 7 6 Indirect Tax/Personal Income 2 2 3 Personal Income Tax 9 9 9 Sales Tax/Personal Income 6 6 8 Property Tax/GDP 4 4 3 Workers’ Compensation Premiums 8 8 7 Expenditures Base R&D Tax Credits/Businesses 6 7 6 Business Subsidies/GDP 2 4 1 Government Expenditures/GDP 5 5 5 Public Debt per Capita 8 8 8 Government Employment per Capita 3 4 4 Overall Ranking Tax & Fiscal Environment 4 5 4 (tied) 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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