Canada: Tax provisions in 2016 Saskatchewan budget

Canada: Tax provisions in 2016 Saskatchewan budget

Saskatchewan’s 2016 budget—presented 1 June 2016—does not include any changes to individual (personal) or corporate tax rates, but does propose to adjust the provincial dividend tax credit rate to maintain the current level of provincial taxation on non- eligible dividends.

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The province’s 2016 budget includes provisions to eliminate the “active families benefit” and to introduce a program to allow post-secondary graduates to use graduate retention program tax credits towards buying their first home in the province.

 

Read a June 2016 report [PDF 63 KB] prepared by the KPMG member firm in Canada: Highlights of the 2016 Saskatchewan Budget

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