Tax Credit
Small Business Tax Credit
The general corporate income tax rate is 15%. However, for small businesses a lower tax rate of 3% applies.
- 4.5/5.0
- Newfoundland and Labrador. Finance
- All levels
- Last updated 3 years ago
- English
Description
The general corporate income tax rate is 15%. However, for small businesses a lower tax rate of 3% applies.- To reduce tax rate for small business.