Thank you, Madam Chair. The Member is right; this increase is for the large corporate taxpayer. The small corporate tax rate is unchanged, at four percent. That includes companies that have a taxable income of $250,000 for the year 2004-05. That rate is actually moving up to $300,000 in 2005-06. Thank you.
Floyd Roland on Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on March 30th, 2004. See this statement in context.
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
March 29th, 2004
Page 476
See context to find out what was said next.