RIGFA: Tax
and Revenue Studies
Tax study activities
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Identify
current taxing powers and requirements under the existing laws
-
Assess
the potential of increasing Provincial and LLG taxes
-
Determine
whether current practices conform with the existing laws
-
Identify
problems, legal weaknesses and improve on these impediments
-
Put
forward options for reforms
Revenue study activities
Collect
and analyse historical data on Provincial and LLG revenues from 1996 –
2003:
-
Local
revenues
-
GST
(and pre-1999,sales/services taxes & VAT)
-
Natural
resource benefits (dividends, royalties & timber levies)
-
Urban
LLG revenues
-
Rural
LLG revenues
Forecast
provincial revenue capacity in future years
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