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2013 Manitoba Budget Raises Sales Tax Rates 

Canadian Tax Adviser

 

April 23, 2013

 

Al Thordarson

Winnipeg, Enterprise Tax

Manitoba tabled its 2013 budget on April 16, 2013. The budget increases the provincial sales tax rate to 8% (from 7%), starting July 1, 2013. The budget also decreases the dividend tax credit on non-eligible dividends starting in 2014 to offset the impact of the federal change affecting non-eligible dividends announced in the 2013 federal budget. Manitoba also introduces a new tax credit for rental housing construction, along with changes to several other tax credits for businesses.

 

For highlights of tax changes announced in the budget, see TaxNewsFlash-Canada 2013-16, "Highlights of the 2013 Manitoba Budget".

 

For more information, contact your KPMG adviser.

 

 

 

 

 

Information is current to April 23, 2013. The information contained in this publication is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavour to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act upon such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's National Tax Centre at 416.777.8500

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