
 

Corporate and Personal Income Tax - Update
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| Indicator |
2001r |
2002 |
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| Corporate Tax Per GDP |
4th | 7th |
| Personal Income Tax |
9th | 9th |
Progress on Action Plan:
- The Large Corporations Tax decreases from 0.3% to 0.2% over a four-year period starting July 1, 2005
- The small business tax threshold increases to $350,000 from $300,000 effective April 1, 2005 and to $400,000 in April 1, 2006
- Personal Income Tax remains unchanged (http://www.gov.ns.ca/finance/budget06/TaxReliefBulletin.pdf)
Links:
Related:
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