close
Share with your friends

Highlights of the 2019 Manitoba Budget

Highlights of the 2019 Manitoba Budget

Manitoba’s Finance Minister Scott Fielding delivered the province’s 2019 budget on March 7, 2019.

1000

Related content

The budget anticipates deficits of $470 million for 2018-2019 and $360 million for 2019-2020. Although the budget does not include any new changes to the corporate or personal tax rates, it decreases Manitoba’s retail sales tax rate to 7% (from 8%), effective July 1, 2019 and reduces the refundable portion of the Manufacturing Investment Tax Credit to 7% (from 8%), effective for qualifying property acquired after June 30, 2019, among other changes.

Download this edition of the TaxNewsFlash to learn more.

© 2019 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?

 

Request for proposal