2025-26 Operating Budget Presented for Prince Edward Island, Canada Including Corporate Tax Cut
The 2025-26 Operating Budget for Prince Edward Island, Canada was presented to the legislative assembly on 10 April 2025. The main corporate tax measure is a reduction in the corporate tax rate from 16% to 15% (30% when combined with the federal rate). Further, the small business threshold will be increased from CAD 500,000 to CAD 600,000, with the small business rate maintained at 1% (10% com…
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