Government of Nova Scotia
Economic Development
Business Climate Index

2004

Corporate and Personal Income Tax

Corporate Tax Per GDP - Rank 3
Corporate Tax Per GDP measures direct taxes from corporations per Gross Domestic Product (GDP) at market prices (Provincial Economic Accounts,2003, Statistics Canada - No. 13-213-XDB)

Personal Income Tax - Rank 9
Personal Income Tax measures direct taxes from persons per personal income. Rankings are based on the amount of provincial income tax paid by a two-child family in three income scenarios: earning $30,000, earning $60,000 and earning $100,000 (Statistics Canada, 2004, Alberta Finance, 2004)

Action to be taken:
  • Overall tax competitiveness monitored.

  • Small business tax threshold harmonization continues.
Action taken by:


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