Canada: Corporate tax credit measures enacted (Newfoundland and Labrador)
The legislation includes the new “green technology” tax credit and manufacturing and processing investment tax credit.
New “green technology” tax credit and manufacturing and processing investment tax credit
Legislation in Newfoundland and Labrador—Bill 54—received Royal Assent on 1 June 2022.
The legislation includes the new “green technology” tax credit and manufacturing and processing investment tax credit. For background, read TaxNewsFlash
Read a June 2022 report prepared by the KPMG member firm in Canada
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