Public Clause-by-Clause Review of Bill 16: An Act to Amend the Income Tax Act

Date: 
Thursday, February 25, 2021 - 12:00 to 13:00

On Thursday, February 25th 2021 at 12:00PM the Standing Committee on Government Operations, chaired by Frieda Martselos, will hold a public clause-by-clause review of Bill 16: An Act to Amend the Income Tax Act.

The Act reduces the small business tax rate from 4% to 2%, effective January 1, 2021. In addition, the Act makes retroactive amendments to ensure that split income received by a senior is factored into the determination of their territorial age credit and allows more pension credits for veterans.

To watch the meeting, tune in to the live stream on ntassembly.ca, or on the Legislative Assembly’s Facebook, YouTube, or Twitter accounts.

For more information, please contact:
Cynthia James
Committee Clerk
Northwest Territories Legislative Assembly
Calendar Title: 
Public Clause-by-Clause Review of Bill 16: An Act to Am