Thanks, Mr. Chair. It is a real challenge for us because we have a couple of factors that are at play here. One is that we do not have that many large filers in terms of the system, so the behaviour of any one of them in terms of a circumstance where they may be able to do more write-offs can have quite an impact. The other issue is that corporations can go back and re-file for previous years, so there are always adjustments that are taking place, as well, and then, because we would have already received that money from the federal government, then they are clawing that back from us, for lack of a better term, in subsequent terms. So I think you'll never really see a ton of stability on the corporate tax side just because it's a small base and there are lots of ways that the system can go up and down, so it is just a reality that we face in our corporate income tax. Thanks, Mr. Chair.
Mr. Stewart on Consideration in Committee of the Whole of Bills and Other Matters
In the Legislative Assembly on February 23rd, 2018. 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
February 23rd, 2018
Stewart
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