Share with your friends

P.E.I. Budget Bill Receives First Reading

P.E.I. Budget Bill Receives First Reading

P.E.I. Bill 33 received first reading on May 4, 2018.


Related content

This bill includes some tax measures that were introduced in the province's 2018 budget. Bill 33 reduces PEI's small business tax rate to 4% (from 4.5%) effective January 1, 2018, among other changes. This bill does not include consequential changes to the province's dividend tax credit, nor does it contain any measures related to P.E.I.'s newly proposed small business investment grant.

Download this edition of Canadian Tax Adviser to learn more.


Information is current to May 08, 2018. 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

© 2020 KPMG LLP, a Canada limited liability partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

KPMG International Cooperative (“KPMG International”) is a Swiss entity.  Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.

Connect with us


Want to do business with KPMG?


loading image Request for proposal