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Income taxes in Canada constitute the majority of the annual revenues of the Government of Canada, and of the governments of the Provinces of Canada. In the fiscal year ending March 31, 2018, the federal government collected just over three times more revenue from personal income taxes than it did from corporate income taxes .
The minister of national revenue (French: ministre du revenu national) is the minister of the Crown in the Canadian Cabinet who is responsible for the Canada Revenue Agency (CRA), as well as the administration of taxation law and collection. The current minister of national revenue is Élisabeth Brière who took office on December 20, 2024. [6]
In 1918 it was combined with The Department of Customs to become the Department of Customs and Inland Revenue. Arthur Lewis Sifton was Canadian Minister of Inland Revenue on May 17, 1918, the next day May 18, 1918, he was Canadian Minister of Customs and Inland Revenue. [3] Since 1927, the position has been the Minister of National Revenue.
Service Canada is the program operated by Employment and Social Development Canada to serve as a single-point of access for the Government of Canada's largest and most heavily used programs, such as the social insurance number, the Employment Insurance program, the Old Age Security program and the Canada Pension Plan. [1]
World No. 2-ranked Alexander Zverev withdrew from the United Cup mixed teams tennis tournament on Wednesday with a biceps strain less than two weeks from the start of the Australian Open. The 27 ...
The Treasury Board of Canada Secretariat (TBS; French: Secrétariat du Conseil du Trésor du Canada, SCT) is the administrative branch of the Treasury Board of Canada (the committee of ministers responsible for the financial management of the federal government) and a central agency of the Government of Canada. The role of the Secretariat is to ...
Corporate taxes in Canada are regulated at the federal level by the Canada Revenue Agency (CRA). As of January 1, 2019 the "net tax rate after the general tax reduction" is fifteen per cent. [1] The net tax rate for Canadian-controlled private corporations that claim the small business deduction, is nine per cent. [1]
The president of the Treasury Board (French: présidente du Conseil du Trésor) is a minister of the Crown in the Canadian Cabinet.The president is the chair of the Treasury Board of Canada (a committee of Cabinet in the Privy Council) and is the minister responsible for the Treasury Board Secretariat, the central agency which is responsible for accounting for the Government of Canada's fiscal ...