Canada: Nova Scotia 2016 budget bill receives Royal Assent

Canada: Nova Scotia 2016 budget bill

Nova Scotia Bill 174 that enacts certain measures announced in Nova Scotia's 2016 budget, received Royal Assent on 20 May 2016. Nova Scotia has a majority government.

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The legislation does not include changes to the individual (personal) or corporate tax rates. The legislation does include:

  • Measures related to the food donation tax credit for individuals and corporations that conduct a farming business
  • Provisions for an increase to the tobacco tax rates
  • Rules that parallel recent federal changes to the taxation of trusts and estates


Read a May 2016 report [PDF 47 KB] prepared by the KPMG member firm in Canada: Nova Scotia 2016 Budget Bill Receives Royal Assent 

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