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Canada | Prince Edward Island budget 2025-26

|Tax Alerts, Provincial/State & Local ...|Canada
Canada

  • On 10 April 2025, the Prince Edward Island budget was tabled and included tax measures affecting corporations and individuals.
  • The budget proposed to decrease the provincial general corporate income tax rate from 16% to 15% and increase the CA$500,000 small-business limit to CA$600,000, effective 1 July 2025.
  • The budget also included a proposed increase in the provincial personal income tax brackets…

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