Thank you, Mr. Speaker. The initial amount when we had filings, one-time filings in the Northwest Territories, large filings that caused some of our problems, was 14 percent. Following that there was another amount, I believe 12 percent, but as we know now the rebasing effort that is going to be done through the federal formula financing agreement would cause us to go back into what we would call a perversity factor where we would lose more money than we would gain if we did not change our tax effort. Thank you.
Floyd Roland on Question 11-15(3): Corporate Income Tax Rate
In the Legislative Assembly on March 17th, 2004. See this statement in context.
Further Return To Question 11-15(3): Corporate Income Tax Rate
Question 11-15(3): Corporate Income Tax Rate
Item 7: Oral Questions
March 16th, 2004
Page 32
See context to find out what was said next.