Category: Personal income tax

BC Businesses to Pay Additional $6.5B in Government-Imposed Costs Over Three Years: Report

British Columbia businesses are expected to pay billions in additional costs imposed by the provincial government over a three-year period, a report finds. The report released by the Greater Vancouver Board of Trade (GVBOT) says it identified “significant” government-imposed costs that will chip away an additional $6.5 billion from the earnings of business owners between…


Millions of Earners, Businesses to See State Tax Cuts Beginning on Jan. 1

With state legislatures entering their third sessions since the 2020 pandemic pumped trillions in federal recovery and stimulus assistance into state and local government coffers, tax reform across a range of levies is among front-burner priorities for lawmakers in 2023. During 2022 sessions, Washington, D.C.-based Tax Foundation reports at least 38 states adopted “noteworthy tax…