October 2018
Update on 1/3 Tax Exemption

2018-10-09 4:01:03 PM

CATEGORIES:

The Canada Revenue Agency (CRA) has provided an update on changes to the 1/3 tax exemption that some municipal councillors receive. The end of the 1/3 tax exemption was included in the federal government's 2017 budget. According to the bulletin circulated by the CRA, the change will start in 2019 and continue into subsequent tax years. 

You can find more information on this change here

For more: 

Budget Eliminates Municipal Office-holder Tax Exemption 


 


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