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Canadian Liberal Party's 2025 election platform tax measures

|Tax Alerts, Information Reporting, Legis ...|Canada
Canada

  • The Liberal Party's proposed tax measures, now likely to be included in the next federal budget, include expanding the immediate expensing for manufacturing and processing equipment and certain clean energy technologies.
  • A new 20% tax credit for qualifying artificial intelligence projects will support small and medium-sized businesses that can demonstrate job increases.
  • The income tax rate for the l…

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