← Legislation / NS71
NS71INTRODUCEDTAX & FISCALNOVA SCOTIA
Tax on Tax Elimination Act
Long title not yet sourced from the legislative registry.
- Sponsor
- —
- Introduced
- —
- Royal assent
- —
- Final vote
- —
Legislative timeline
- 1st—
- 2nd—
- Comm.—
- 3rd—
- Senate—
- Assent—
Bill overview
Bill NS71, “Tax on Tax Elimination Act”, is a Nova Scotia bill from session assembly-65-session-1.
Its latest recorded status is “Introduced”.
This overview is written automatically from the registry and vote records on this page and updates when they sync. It describes the bill's path, not its merits.
PLAIN-LANGUAGE SUMMARY
What you need to know
Status changed: 2025-03-05T00:00:00.000
Key provisions
- 01This Act amends the Income Tax Act to eliminate the tax on tax paid by businesses in Nova Scotia.
- 02The tax elimination applies to all businesses operating in Nova Scotia, effective January 1, 2026.
- 03The Minister of Finance is responsible for implementing the tax elimination and providing necessary regulations.
- 04The Nova Scotia Department of Finance must conduct a review of the tax elimination within two years of its implementation.
- 05The review must assess the impact of the tax elimination on the provincial economy and make recommendations for future improvements.
Vote roll
No division has been recorded for this bill yet.