Skip to content
EYEY

Canada: Nova Scotia issues budget 2020–21

|Tax Alerts, Legislation & Policy, Provincial/State & Local Taxation|Canada
Canada

Executive summary

On 25 February 2020, Nova Scotia Minister of Finance and Treasury Board Karen Casey tabled the province’s fiscal 2020–21 budget. The budget contains several tax measures affecting individuals and corporations.

The Minister anticipates a surplus of CA$55 million1 for 2020-21 and projects surpluses for each of the next three years.

The following is a brief summary of the key tax measures.

Detailed discussion

Business tax measures

Corporate tax rates

As announced by the Premier of Nova S…

Continue reading with a Pro Subscription

Unlock full Orbitax Tax News content, including a historical database of tax news, alerts, and analysis from our network of tax experts, all tailored to your company footprint. Now includes Orbitax XatBot AI Tax Assistant.

Free trial available. Cancel anytime. Free Orbitax account required.

Already a Pro or Pro+ subscriber? Sign in to Orbitax to continue reading.