Canadian government announces major tax reductions
October 3, 2017
Wednesday, October 31, 2007 Canadian Finance Minister Jim Flaherty announced a five-year program that could reduce taxes by a total C$60 billion. The planned tax reduction measures include: Low-end personal income tax rates would be reduced from 15.5% to 15%, taking retroactive effect to the start of 2007; The basic personal exemption, the amount at […]