Redesign of Provincial Income Taxation
Author | : |
Publisher | : |
Total Pages | : 3 |
Release | : 1999 |
ISBN-10 | : OCLC:932794263 |
ISBN-13 | : |
Rating | : 4/5 ( Downloads) |
Download or read book Redesign of Provincial Income Taxation written by and published by . This book was released on 1999 with total page 3 pages. Available in PDF, EPUB and Kindle. Book excerpt: This bulletin begins with an overview of the federal and provincial income tax system in Canada and of the rationale for change in the current national income tax system. It then outlines the Saskatchewan proposal for replacing the current provincial income tax system, which levies provincial tax as a percentage of federal tax, with a new tax system that permits provincial tax to be applied directly on taxable income. The benefits and challenges associated with this proposal are outlined along with future steps to be taken in its implementation.