Canada: Tax measures in 2023 budget enacted (British Columbia)
The legislation includes corporate income tax measures.
The legislation includes corporate income tax measures.
Legislation in British Columbia—Bill 10—received Royal Assent on 11 May 2023.
The legislation includes corporate income tax measures—among other tax changes announced in British Columbia’s budget in February 2023—including the extension of:
- The farmers’ food donation tax credit for three years, to the end of 2026
- The interactive digital media tax credit for five years, to 31 August 2028
Read a May 2023 report prepared by the KPMG member firm in Canada
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