FEDERAL BILL

Bill C-342, An Act To Amend The Excise Tax Act (carbon Levy)

FEDERAL BILL - AMENDS ONE STATUTE

1st Reading
March 21, 2017

SUMMARY This enactment amends the Excise Tax Act to provide that any tax paid to a province in respect of carbon is excluded from the total purchase price for the purpose of calculating the goods and services tax.

Published on March 21, 2017

Bill Summary

Bill C-342, An Act To Amend The Excise Tax Act (carbon Levy)

SUMMARY

This enactment amends the Excise Tax Act to provide that any tax paid to a province in respect of carbon is excluded from the total purchase price for the purpose of calculating the goods and services tax.

This Bill Amends The Following Statutes

  1. Excise Tax Act R.S.C., 1985, c. E-15

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