Canada: Extension of manufacturing and processing exporter tax incentive (Saskatchewan)

Extends the tax incentive by one year, to 31 December 2023

Extension of manufacturing and processing exporter tax incentive

Saskatchewan’s Bill 133, which extends the Saskatchewan manufacturing and processing exporter tax incentive by one year, to 31 December 2023 (from 31 December 2022), received first reading on 5 April 2023.

The incentive provides non-refundable tax credits to eligible corporations that hire additional manufacturing and processing-related full-time employees beyond the number employed in 2014.

Read an April 2023 report prepared by the KPMG member firm in Canada

 

 

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