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Saskatchewan Budget Bill Receives First Reading

Saskatchewan Budget Bill Receives First Reading

Bill introduces three non-refundable tax credits announced in the 2019 provincial budget

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Saskatchewan Bill 171 received first reading on April 8, 2019. Bill 171 introduces three non-refundable tax credits that were announced in Saskatchewan's 2019 provincial budget-the Saskatchewan volunteer firefighter tax credit, the Saskatchewan volunteer emergency first responder tax credit, and Saskatchewan volunteer search and rescue tax credit.

Bill 171 does not include any of the corporate tax measures to increase potash production tax, which were previously announced in Saskatchewan's 2019 provincial budget.

For more information, contact your KPMG adviser.

Information is current to April 16, 2019. 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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