News and Insights

New Brunswick Discussion Paper on New Brunswick’s tax system

Tax Development Jun 01, 2008

The discussion paper presents options to restructure the tax system in New Brunswick, with the objective of ensuring taxpayers keep more income and to attract and maintain business and investment within the province. The province is proposing a carbon tax, similar to the one implemented by British Columbia and has proposed an increase of two percent in the HST, to bring it back to the level of 15% as it was two years ago.