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Corporate income tax special notice Vol. 5 No. 58 : Accelerated Job Creation Tax Cut

Description

As announced in Special Notice Vol. 5 No. 52, Job Creation Tax Cut, the general income tax rate on businesses was scheduled to be reduced from 10% to 9% effective January 1, 2021, and then to 8% effective January 1, 2022.

However, as part of Alberta’s Recovery Plan, the Job Creation Tax Cut will be accelerated in order to decrease the general income tax rate on businesses from 10% to 8%, effective July 1, 2020.

Updated

June 30, 2020

Tags
alberta recovery plan corporate income tax corporate income tax rate

Title and publication information

Frequency

Once

Publisher / Creator Information

Publisher

Treasury Board and Finance

Place of Publication

Edmonton

Subject Information

Topic
Government
Spatial Coverage

Alberta

Resource Dates

Date Created

2020-06-30

Date Added

2020-06-30T19:18:24.012622

Date Modified

2020-06-30

Date Issued

2020-04-02

Audience information

Identifiers

Usage / Licence

Contact

Contact Name

Treasury Board and Finance. Tax and Revenue Administration.

Contact Email

tra.revenue@gov.ab.ca