Saskatchewan Business Tax Revamp Improves Outlook
Filed in archive Economic Outlook , Taxes by Greg Balanko-Dickson on July 11, 2006

out corporation capital tax by 2008.The elimination of the Capital Tax will put Saskatchewan at the same level as BC and Alberta with no Capital Tax come 2008. Plus raising the small business tax threshold to $500,000 will save $10,000 in small business taxes (5% in Saskatchewan). (calculation: $500,000 earnings X 5% = $10,000)
That is $10,000 of cold hard cash that normally would go to the Saskatchewan Government that can now be put to use in the business.
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taxes tax saskatchewan canada small business tax rate capital tax outlook small+business
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