bcs tax competiveness

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Tax competitiveness—B.C. goes from bad to worse

The Horgan government raised the general corporate income tax rate.

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Last month, British Columbia’s Expert Panel on Business Taxation delivered its much anticipated final report (at least among us policy wonks). Unfortunately, the report garnered little media attention and failed to spark much debate about BC’s tax competitiveness.

The Expert Panel was appointed early this year by then-Finance Minister Kevin Falcon; it was made up of a cross-section of people from business, academia, and government to provide recommendations on how BC’s business taxes could be made more competitive given the return of the PST in 2013.