Thank you, Mr. Chair. So the Member is right. The corporate income tax is a very hard number to predict. One of the main reasons is we have a few large corporations paying a bulk of our tax and those corporations have options available to them to either carry losses back or move their tax or just pay -- some other avenues that they could take. Now, one of the things that we're doing to try to reduce the amount of variation is try to -- we're, starting in 2014, is we went to a five-year average of our corporate tax, and, hopefully, once we fully implement that, we'll see less variation in the corporate tax revenue projections. Thank you.
Mr. Kalgutkar on Consideration in Committee of the Whole of Bills and Other Matters
In the Legislative Assembly on June 24th, 2016. See this statement in context.
Consideration in Committee of the Whole of Bills and Other Matters
Consideration in Committee of the Whole of Bills and Other Matters
June 24th, 2016
Kalgutkar
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