Sentences with phrase «cent tax implemented»
The figures capture the last month in which foreign property buyers were not subject to a 15 per cent tax implemented Tuesday by the B.C. government.
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«The new Liberal government has promised to quickly implement its promise to raise the statutory tax rate on incomes over $ 200,000 from the current 29 per cent to 33 per cent.
When it came to transforming the city's infrastructure, the mayor stayed within budget by implementing a temporary one - cent sales tax initiative, which will expire in December 2017.
The Real Estate Board of Greater Vancouver released the data a month after the British Columbia government implemented a 15 - per - cent tax on foreign buyers in Metro Vancouver in an effort to chill one of the hottest markets in North America.
NDP commitments include a two point cut in the small business tax rate (already implemented by the Conservatives); extension of the accelerated capital cost allowance for two years (already implemented by the Conservatives (but with a different phase in); an innovation tax credit for machinery used in research and development; an additional one cent of gas tax for the provinces for infrastructure; a transit infrastructure fund; increased funding for social housing; a major child care initiative; and, increasing ODA funding to 0.7 per cent of Gross National Income (GNI).
NDP promises include a two point cut in the small business tax rate (already implemented in the budget by the Conservatives); extension of the accelerated capital cost allowance for two years (also already implemented by the Conservatives); an innovation tax credit for machinery used in research and development; an additional one cent of gas tax for the provinces for infrastructure; a transit infrastructure fund; increased funding for social housing; a major child care initiative; increasing ODA funding to 0.7 per cent of Gross National Income (GNI); and restoring the 6 % annual escalator to the Canada Health Transfer.
In August, the British Columbia government implemented an additional 15 - per - cent property transfer tax on foreign nationals who buy real estate in Metro Vancouver.
Detached homes were selling for more than $ 1.8 million in April before the province moved in to cool the market by implementing a 15 per cent tax on foreign buyers and extending rent control rules, two of 16 measures that were part of its Fair Housing Plan.
GPI Opposes Repeal of Massachusetts Beverage Container Recycling Refund Program, and Attempt to Implement a 1 - Cent Per Container Tax to Fund Single Stream Recycling March 15, 2016
The payroll tax, implemented in 2009 to help bail out the financially troubled authority, charges employers 34 cents for every $ 100 of payroll and has been described as a «job killer» by opponents.
The data comes a month after the B.C. government implemented a 15 - per - cent tax for foreign buyers in Metro Vancouver in an effort to cool down one of the hottest real estate markets in North America.
Home sales in Vancouver began to dip before the 15 per cent tax on foreign buyers was implemented in August, but those declines have accelerated since, plunging nearly 39 per cent last month compared with October 2015.