Canada: Tax provisions in Manitoba’s 2017 budget

Canada: Tax provisions in Manitoba’s 2017 budget

Manitoba’s 2017 budget, presented 11 April 2017, did not include changes to the province’s individual (personal) or corporate tax rates.

1000

Related content

The budget amends several of Manitoba’s tax credits, including reducing the provincial research and development (R&D) tax credit to 15% (from 20%) and decreasing the non-refundable portion of the manufacturing investment tax credit to 1% (from 2%). 

Manitoba will also continue to review its tax system, according to the budget.

 

Read an April 2017 report [PDF 74 KB] prepared by the KPMG member firm in Canada: Highlights of the 2017 Manitoba Budget

The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us

 

Request for proposal

 

Submit

KPMG's new digital platform

KPMG International has created a state of the art digital platform that enhances your experience, optimized to discover new and related content.