Tax Memo: 2007 Ontario Economic Outlook and Fiscal Review Brings Tax Relief

Ontario’s Economic Outlook and Fiscal Review, delivered on December 13, 2007, includes tax measures that promise relief to:

  • corporations that:
    • claim the small business deduction;
    • pay Ontario capital taxes; or
    • claim Ontario’s film and television industry incentives; and
  • individuals that:
    • will purchase a resale home; or
    • invest in labour-sponsored investment funds.

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