Canada: Extension of manufacturing and processing exporter tax incentive enacted (Saskatchewan)
Saskatchewan's Bill 133 received Royal Assent
Saskatchewan's Bill 133 received Royal Assent
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 Royal Assent on 17 May 2023.
This incentive provides non-refundable tax credits to eligible corporations who hire additional manufacturing and processing-related full-time employees beyond the number who were employed in 2014.
Read a May 2023 report prepared by the KPMG member firm in Canada
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