The Saskatchewan Revenue Agency, according to the province, would administer taxes and related programs. skpoli
The Saskatchewan Revenue Agency, outlined in new legislation tabled on Monday, would administer taxes and related programs, including taking control of the provincial portion of the corporate income tax system from the federal government.We deliver the local news you need in these turbulent times on weekdays at 3 p.m.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.
“This Act is among the steps our government is taking to protect and defend Saskatchewan’s economic autonomy, industries and jobs from federal intrusion and constitutional overreach,” said Donna Harpauer, the finance minister, in the release. The Act would allow the government to establish the agency, including its purpose, powers, structure, accountabilities and abilities to make regulations.Article content
The province stated it will now figure out what a new provincial corporate income tax system would look like. It’s expected this work will take multiple years. “The Saskatchewan Revenue Agency Act is the first step in a larger undertaking related to transforming the province’s corporate income tax system. This transition demonstrates that our government will take the necessary action to stand up for Saskatchewan,” Harpauer said.The legislation is expected to be passed in the spring.
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