Source: http://web2.gov.mb.ca/bills/41-1/b011e.php
Timestamp: 2017-05-27 21:24:59
Document Index: 265137510

Matched Legal Cases: ['art.\n2', 'art.\n6', 'art.\n19', 'art.\n26', 'art.\n32', 'art 3', 'art 6', 'art 4']

The Budget Implementation and Tax Statutes Amendment Act, 2016
THE HEALTH AND POST SECONDARY
EDUCATION TAX LEVY ACT
1 The Health and Post Secondary Education Tax Levy Act is amended by this Part.
2(1) Subsection 2(3) is amended by striking out "after 1992".
2(2) The part of subsection 2(4) before clause (a) is amended
(a) by striking out "after 1992,"; and
(b) in the English version, by striking out "partners" and substituting "partners,".
2(3) Subsection 2(4.1) is amended by striking out ", after 1992,".
3(1) Subsection 3(3.1.1) is amended
(a) in the section heading, by striking out "after 1998"; and
(b) in the part before clause (a), by striking out "ending in a year after 1998".
3(2) The part of subsection 3(3.10) before clause (a) is amended by striking out "Subject to subsection (3.10.1), where" and substituting "Where".
3(3) Subsection 3(3.10.1) is repealed.
3(4) Subsections 3(3.12) and (3.14) are replaced with the following:
3(5) The part of subsection 3(3.15) before clause (a) is amended by striking out "after 2001".
3(6) The following is added after subsection 3(3.15):
B is the total number of days in the post-association period;
(f) notwithstanding subsection (3.14), if the total remuneration paid for the association period by the corporation and all the corporations associated with it in that period is more than the difference between $1,250,000 and the prorated amount determined in clause (a) but not more than twice that difference, the tax payable under subsection (3.1.1) for the association period by all the corporations is 4.3% of the amount of remuneration paid for the association period in excess of the difference.
4 Subsection 5(1) is amended by striking out "ending after June 30, 1982".
5 The Income Tax Act is amended by this Part.
6(1) Rule 1 of subsection 4(1) is amended by striking out "and" at the end of subclause (b)(vii) and replacing subclause (b)(viii) with the following:
(viii) under subsection 4.1(2.6) for the 2009 to 2015 taxation years, and
(ix) under subsection 4.1(2.7) for the 2016 and subsequent taxation years.
6(2) The following is added after subsection 4(2):
4(3) When an amount under a provision of this Act is to be indexed according to this subsection for a taxation year, the amount used under that provision for that year is, subject to subsection (5) (rounding), the amount determined by the following formula:
A × CPI
A is the amount that would, but for subsection (5) (rounding), be used as the specified amount under that provision for the immediately preceding taxation year;
CPI is the result, expressed in a decimal format rounded to the nearest one-thousandth (or to the higher one if it is at the midpoint between two such one-thousandths), arrived at by dividing
(a) the Consumer Price Index for Manitoba for the 12-month period that ended on the last September 30 before that year,
(b) the Consumer Price Index for Manitoba for the 12-month period immediately preceding the period mentioned in clause (a).
Consumer Price Index for Manitoba
4(4) For the purpose of subsection (3), the Consumer Price Index for Manitoba for a 12-month period is the result arrived at by
(a) aggregating the Consumer Price Index (All-items) for Manitoba, as published by Statistics Canada under the authority of the Statistics Act (Canada) and adjusted in accordance with the regulations, if any, for each month in that period;
(b) dividing the aggregate obtained under clause (a) by 12; and
(c) rounding the result obtained under clause (b) to the nearest one-thousandth (or to the higher one if it is at the midpoint between two such one-thousandths).
4(5) If an amount determined by the formula in subsection (3) is not a multiple of one dollar, it must be rounded to the nearest multiple of one dollar (or to the higher one if it is at the midpoint between two such multiples).
7(1) Subsection 4.1(2.6) is amended
(a) in the section heading, by striking out "and subsequent" and substituting "to 2015"; and
(b) in the part before the table, by adding "ending before 2016" after "subsequent taxation year".
7(2) The following is added after subsection 4.1(2.6):
Basic tax payable — 2016 and subsequent taxation years
4.1(2.7) Subject to subsection (2.8), an individual's basic tax payable for the 2016 taxation year and each subsequent taxation year is the total of the following amounts determined in relation to the individual's taxable income for that year ("TI"):
(a) 10.8% of the TI;
(b) if the TI exceeds $31,000, 1.95% of the excess;
(c) if the TI exceeds $67,000, 4.65% of the excess.
CPI adjustment to tax bracket amounts
4.1(2.8) For the 2017 and subsequent taxation years, the dollar amounts specified in clauses (2.7)(b) and (c) are to be indexed according to subsection 4(3).
7(3) Subsection 4.1(3) is amended by striking out "(2.6)" and substituting "(2.8)".
8(1) Clause 4.6(3)(i) is replaced with the following:
(i) subject to subsection (3.1), $9,134 for a taxation year ending after 2013.
8(2) The following is added after subsection 4.6(3):
Indexing of basic personal amount
4.6(3.1) For the 2017 and subsequent taxation years, the basic personal amount specified in clause (3)(i) is to be indexed according to subsection 4(3).
9 Clause 4.7(1)(b) is amended by striking out "and" at the end of subclause (i.1) and adding the following after subclause (i.1):
(i.2) 0.7835% of the total amount included in the individual's income for the year in respect of a taxable dividend for which the federal dividend gross-up rate is 17%, and
10 Subclause 5(1)(a)(i) is amended by striking out "and the individual's school tax credit, if any, determined under section 5.5" and substituting ", the individual's school tax credit, if any, determined under section 5.5 and the individual's seniors' school tax rebate, if any, determined under section 5.5.1,".
11(1) The definition "school tax" in subsection 5.3(1) is amended by adding ", subject to subsection 5.5.1(1)," after "means".
11(2) Subsection 5.3(2) is amended
(a) on the form on which the education property tax credit, the school tax credit or the seniors' school tax rebate is claimed by the individual or the spouse or common-law partner; or
(b) by striking out "or" at the end of clause (b) and repealing clause (c).
12 Clause 5.5(2)(b) is amended by striking out "received" and substituting "claimed".
13 The following is added after section 5.5:
5.5.1(1) The following definitions apply in this section.
"school tax", in relation to a property for a calendar year, means the total of
(a) the tax imposed for that year under section 188 of The Public Schools Act in respect of the property; and
divided by the number of dwelling units included in that property. (« taxe scolaire »)
5.5.1(2) If a property includes both
and the school tax is not shown separately for each type of property on the tax statement, the school tax in respect of the residential property is its portioned value for the purpose of The Municipal Assessment Act multiplied by the tax rate that applies to the residential property.
5.5.1(3) An individual is eligible for a senior's school tax rebate in respect of a property for a taxation year if all of the following conditions are satisfied:
2. On the property's tax due date for that year, the individual or the individual's cohabiting spouse or common-law partner is a registered owner of the property or
(a) despite not being a registered owner, is a person to whom the property tax statement is addressed and who is required by the municipality to pay the municipal taxes imposed in respect of the property for that year;
(b) is liable under an agreement with the landlord that has been approved by the Minister of Finance for Manitoba, or by a person authorized by the minister for this purpose, to pay the municipal taxes imposed in respect of the property for that year; or
(c) is a shareholder of a family farm corporation, as defined in The Farm Lands Ownership Act, that is a registered owner of the property.
3. The individual or the individual's cohabiting spouse or common-law partner has paid the property's municipal taxes for that year.
4. The property is
(a) the principal residence of the individual, or of the individual's cohabiting spouse or common-law partner, for that part of the year that includes the property's tax due date; and
(b) the property for which one of them is entitled to an education property tax credit or municipal tax reduction for that year.
5. The individual or the individual's cohabiting spouse or common-law partner is at least 65 years old in that year.
6. The individual's cohabiting spouse or common-law partner has not claimed a seniors' school tax rebate for that year.
Death before tax due date
5.5.1(4) If
(a) an individual would have been eligible for a senior's school tax rebate in respect of a residential dwelling unit for a taxation year but for the death of the individual or the individual's cohabiting spouse or common-law partner after the beginning of the year, after reaching the age of 65 years and before the property's tax due date; and
(b) on the tax due date,
(i) the dwelling unit is the principal residence of the surviving individual, spouse or common-law partner, if there is one, and
(ii) the surviving individual, spouse or common-law partner, or the estate of the deceased individual, spouse or common-law partner is a registered owner or other person described in item 2(a), (b) or (c) of subsection (3) in relation to the property that includes the dwelling unit;
the rebate may be claimed by either the surviving individual or the deceased's estate as if the deceased individual had not died before the tax due date and the property had remained his or her principal residence until the tax due date.
5.5.1(5) The seniors' school tax rebate for a taxation year after 2015 of an individual who is eligible for the rebate is equal to the amount determined by the following formula:
C - (.02 × I)
(a) $470, and
(i) the school tax for the year in respect of the individual's principal residence,
(ii) any education property tax credit that could be claimed for that year by the individual or the individual's cohabiting spouse or common-law partner in respect of the individual's principal residence, and
(iii) the municipal tax reduction that was or may be applied for the year to the individual's principal residence;
I is the amount, if any, by which the individual's net family income exceeds $40,000.
14(1) Subsection 10.1(1) is amended
(a) in the definition "approved co-op program", by striking out "by the Minister of Education and Advanced Learning" and substituting "under subsection (29)"; and
(b) in the definition "approved youth work experience training program" and in subclause (d)(i) of the definition "qualifying period of employment", by striking out "by the Minister of Education and Advanced Learning" and substituting "under subsection (30)".
14(2) The following is added as subsections 10.1(29) and (30):
Approval of cooperative education programs
10.1(29) The minister responsible for the administration of The Advanced Education Administration Act may approve, or authorize a person employed under that minister to approve, one or more cooperative education programs for the purpose of the co-op student hiring incentive under this section.
Approval of courses and employers for youth work experience programs
10.1(30) The minister responsible for the administration of The Education Administration Act may approve, or authorize a person employed under that minister to approve,
(a) one or more high school courses or other training programs for the purpose of the youth work experience hiring incentive under this section; and
(b) one or more employers for providing paid work experiences to qualifying youths.
15(1) Subsection 10.3(1) is amended
(a) in the definitions "clean air emission equipment","energy co-generation equipment", "gasification equipment" and "geothermal energy equipment", by striking out "machinery or equipment, other than reconditioned or remanufactured machinery or equipment" and substituting "property, other than a reconditioned or remanufactured property"; (b) in the definition "eligible manufacturer", by striking out "prescribed";
(c) in the definition "solar thermal energy equipment", by striking out "equipment or machinery, other than reconditioned or remanufactured machinery or equipment" and substituting "property, other than a reconditioned or remanufactured property"; and
"green energy transmission equipment" means property, other than a reconditioned or remanufactured property, that is related to the transmission of energy from a renewable resource, is designed to minimize the loss of energy through transmission and is designated in the regulations as green energy transmission equipment. (« matériel de transport d'énergie verte »)
15(2) Subsection 10.3(2.1) is replaced with the following:
10.3(2.1) For a taxation year beginning before July 1, 2023, an eligible manufacturer of green energy transmission equipment is deemed to have paid on account of its tax payable under this Act for that year the total of all amounts each of which is an amount determined by the following formula in respect of an item of green energy transmission equipment manufactured by it primarily in Manitoba and sold by it in the taxation year and before July 1, 2023 to a purchaser for use in Manitoba:
tax credit = adjusted cost × 8%
In this formula, "adjusted cost" means an amount equal to 125% of the manufacturer's cost of manufacturing the item.
15(3) Clause 10.3(7)(a) is amended by striking out "prescribed".
15(4) Subsection 10.3(9) is replaced with the following:
10.3(9) The Minister of Finance for Manitoba may make regulations
(a) designating property as a type of equipment defined in subsection (1);
(b) respecting the provision of information to the government by
(i) a manufacturer of geothermal energy equipment or green energy transmission equipment, or
(ii) a purchaser of equipment for which the purchaser claims a tax credit under subsection (5);
(c) respecting the provision of information by a manufacturer or other seller of a geothermal heat pump to a purchaser to enable the purchaser to claim a tax credit under subsection (5);
(d) respecting any other matter that the Minister of Finance for Manitoba considers necessary or advisable for the administration and enforcement of this section or for measuring the effectiveness of the tax credits under this section.
16(1) Subsections 10.5(1) to (3) are replaced with the following:
10.5(1) Subject to subsections (2) to (2.3), a corporation is deemed to have paid on its balance-due day for a taxation year, on account of its tax payable under this Act for that year, the total of all amounts each of which is an amount claimed by it under subsection (1.1) in relation to
(a) expenses incurred by it in that year; or
(b) expenses incurred by it in one of the immediately preceding two taxation years that were not included in determining an amount claimed by the corporation for any of those preceding taxation years.
10.5(1.1) For the purpose of subsection (1), a corporation that is an eligible corporation for a taxation year may claim, for each eligible project in relation to which it incurred expenses in that year, an amount not exceeding
(a) if at least 25% of the salary and wages paid by it to its employees for that year was paid to its employees who are Manitoba residents for that year, 40% of its eligible project costs for that project for that year; or
(b) if clause (a) does not apply to the corporation in that year, 35% of its eligible labour costs for that project for that year.
10.5(1.2) For the purpose of clause (1.1)(a), a corporation's eligible project costs in relation to an eligible project for a taxation year is the total of
(ii) the amount by which $100,000 exceeds the total of all amounts each of which is the corporation's eligible marketing and distribution costs in relation to the eligible project for a previous taxation year in which an amount was claimed under this section.
10.5(1.3) For the purpose of clause (1.1)(a) or (b), whichever applies, a corporation's eligible labour costs in relation to an eligible project for a taxation year is the amount, if any, by which
(a) the total of the corporation's labour expenses in relation to the eligible project that were incurred
(i) while it was an eligible corporation to which that clause applied, and
(ii) in that year or in any of the two immediately preceding taxation years;
(b) all government assistance that is reasonably attributable to those expenses; and
(c) the portion of those expenses that was included in determining an amount claimed by the corporation under this section for any of those preceding taxation years.
10.5(1.4) For the purpose of clause (1.2)(b), a corporation's eligible marketing and distribution costs in relation to an eligible project for a taxation year is the amount, if any, by which the aggregate of
(a) 50% of the total of the corporation's marketing and distribution expenses for meals or entertainment in relation to the eligible project that were incurred
(i) while it was an eligible corporation to which clause (1.1)(a) applied, and
(ii) in that year or in any of the two immediately preceding taxation years; and
(b) the total of all other marketing and distribution expenses of the corporation in relation to the eligible project that were incurred
(c) all government assistance that is reasonably attributable to those expenses; and
(d) the portion of those expenses that was included in determining an amount claimed by the corporation under this section for any of those preceding taxation years.
10.5(2) No amount may be claimed under this section in respect of an eligible project after the filing-due date for the taxation year following the taxation year that includes the project's completion date.
10.5(2.1) A corporation is not entitled to a credit under this section for a taxation year unless the corporation has been issued a tax credit certificate under subsection (8) for that credit and the certificate is
Limitation for projects for government
10.5(2.2) Despite subsection (1.1), if an eligible project consists of an interactive digital media product being developed primarily for sale or licence to the government or an agency of the government, a Manitoba municipality or an agency of a Manitoba municipality, or a corporation controlled by the government or by such a municipality or agency,
(a) any credit that may be claimed under this section in relation to that project may be claimed only after its completion date;
(b) the amount of the credit cannot exceed the amount, if any, by which
(i) the taxpayer's total cost of the project,
(ii) the taxpayer's proceeds from the sale or licence of the product.
Credit may be reduced by government contribution
10.5(2.3) Despite subsection (1.1), the total of a corporation's credits under this section in relation to an eligible project, including credits claimed in relation to the project for previous taxation years, must not exceed the amount by which
(i) the corporation's costs of product development in Manitoba in relation to the project, and
(ii) if the corporation is claiming or has claimed an amount for marketing and distribution expenses in relation to the project, its marketing and distribution expenses in relation to the project;
(b) the total of all assistance that
(i) the corporation receives or is entitled to receive from a government, municipality or other public authority in respect of the eligible project, other than a tax credit under this section,
(ii) is not repaid by the corporation before the day that is three years after the project's completion date, and
(iii) can reasonably be attributed to the costs referred to in clause (a).
"Eligible corporation" defined
10.5(3) For the purpose of this section, a corporation is an eligible corporation for a taxation year if (a) it is a taxable Canadian corporation with a permanent establishment in Manitoba throughout the year or that part of the year in which it incurred expenses that are included for that year in computing a credit under this section;
(b) it satisfies the additional requirements prescribed by regulation, if any; and
(i) at least 25% of the salaries and wages paid by the corporation to its employees for that year was paid to employees who are Manitoba residents for that year, or
(ii) the total labour expenses that the corporation incurred in the year in relation to eligible projects is at least $1,000,000 more than the corporation's government assistance in relation to those expenses.
16(2) Subsection 10.5(4) is amended
"completion date", in relation to an eligible project of a corporation, means the day on which the corporation incurs the final expense to be included in the corporation's labour expenses for the project. (« achèvement » ou « date d'achèvement »)
(b) in the definition "labour expense",
(i) by replacing the part before clause (a) with ""labour expense" of a corporation for a taxation year in relation to an eligible project means any of the following amounts to the extent that the amount is reasonable in the circumstances, directly attributable to the project, incurred within the taxation year and before 2020 and paid before the corporation applies for a tax credit in relation to that amount:", and
(ii) by replacing "for the project period" wherever it occurs in clauses (a), (b) and (c) with "for that taxation year";
(c) by replacing the definition "Manitoba resident" with the following:
"Manitoba resident", in relation to a corporation's taxation year, means resident in Manitoba on December 31 of that taxation year. (« résident du Manitoba »)
(d) in the definition "marketing and distribution expense",
(i) by replacing subclauses (b)(i) and (ii) with the following:
(i) before 2020, after the project's commencement date, and not later than 12 months after the project's completion date, and
(ii) in relation to an eligible project with a commencement date that is after December 31, 2012;
(ii) in subclause (f)(iii), by adding "eligible labour costs or" before "eligible project costs"; and
(e) by repealing the definition "project period".
16(3) Clause 10.5(6)(a) is amended by adding "based on the information provided in, or in support of, the application" at the end.
16(4) Clause 10.5(7)(e) is amended by adding ", if the corporation intends to claim a credit under subsection (1.1)," after "costs and".
16(5) The part of subsection 10.5(8) before clause (a) is amended
(a) by striking out "qualifying"; and
(b) by adding "under this section" after "for a tax credit".
16(6) Subsection 10.5(9) is amended
(a) by replacing clauses (c) and (d) with the following:
(c) the project's commencement date and its completion date or estimated completion date;
(i) the corporation's labour expenses, and
(ii) if the corporation wishes to claim an amount under subsection (1.1), its marketing and distribution expenses,
for that taxation year and for each preceding taxation year for which the corporation wishes to claim a credit under this section;
(b) by replacing subclause (e)(i) with the following:
(i) that the corporation is an eligible corporation for the taxation year and for each preceding taxation year for which the corporation wishes to claim an amount under subsection (1.1),
16(7) Subsections 10.5(10) and (11) replaced with the following:
10.5(10) The minister may
(a) revoke a certificate of eligibility or a tax credit certificate issued to a corporation for a project if any information provided by the corporation to obtain the certificate is false or misleading or fails to disclose a material fact; or
(b) revoke a certificate of eligibility for a project if it is not carried out as proposed and ceases to be an eligible project.
10.5(11) If a certificate is revoked under clause (10)(a), it is deemed never to have been issued. If a certificate is revoked under clause (10)(b), it is no longer valid and the minister may redetermine any tax credit based on the certificate as if the certificate had never been issued or as if it had become invalid before the day it was revoked.
16(8) The following is added after clause 10.5(13)(a):
(a.1) prescribing one or more requirements for the purpose of clause (3)(b);
17 Subclauses 11.13(3)(b)(i) and (ii) are amended by striking out "2017" and substituting "2020".
18 The Retail Sales Tax Act is amended by this Part.
19 Subsection 1(1.2) is replaced with the following:
Interpretation of "retail sale in the province" 1(1.2) For the purpose of the definition "vendor" in subsection (1), a retail sale in the province includes a retail sale of tangible personal property by a seller who does not otherwise carry on business in the province, if the property is acquired for use or consumption in the province and
20(1) The part of subsection 2(5.3) before clause (a) is amended by adding "for a total of six or more days in a calendar year" after "for temporary use in Manitoba".
20(2) The following is added after subsection 2(5.3.1):
21(1) Subsection 2.2(1) is amended
(a) in clause (a) of the definition "market value", by adding "registered" before "vehicle dealer";
(b) by repealing the definition "vehicle dealer"; and
21(2) Subsection 2.2(2) is amended by adding "registered" before "vehicle dealer".
21(3) The part of subsection 2.2(5) before clause (a) is amended by striking out "subsection (5.1)" and substituting "subsections (5.1) and (5.2)".
21(4) The following is added after subsection 2.2(5.1):
22 Subsection 3(1) is amended
(a) by replacing clause (bb) with the following:
(b) by adding the following after clause (ccc):
23 Subsection 5(8) is replaced with the following:
24 Clause 9(2)(a) is amended by adding "registered" before "vehicle dealer".
25 The Tax Administration and Miscellaneous Taxes Act is amended by this Part.
26 Subsection 22(5) is replaced with the following:
22(5) A tax officer may specify the manner in which electronically maintained records are to be made available for inspection. The tax officer may require the owner or person in charge of the records or of the premises or information system in which they are kept to
(a) produce the relevant records in the form of a printout or in an electronically readable format that can be used by the tax officer, or both; and
(b) make them available for inspection at the premises where they are kept or send them to an address specified by the tax officer, or both.
27 The following is added after subsection 27.1(4):
27.1(4.1) When issuing the warrant, the judge may order a person to provide assistance if the person's assistance may reasonably be considered to be required to give effect to the warrant.
(a) in clause (b), by striking out ", if the tax was first assessed after May 10, 2000"; and
(b) by striking out "or" at the end of clause (a), adding "or" at the end of clause (b) and adding the following after clause (b):
(c) any amount payable by it under section 45 (tax debt at time of bulk sale);
29 The definition "bad debt" in subsection 53.1(1) is amended by adding the following after clause (b):
It does not include an amount recoverable by a collector under subsection 9(2.1) of The Retail Sales Tax Act if the collector remitted the amount to the government after it was included in an assessment or reassessment issued under section 48 following an inspection, examination or audit by a tax officer.
30 Clauses 80(2)(a) and (a.1) are amended by adding ", or authorizes or causes another person to be in possession," after "is in possession".
31 The Tobacco Tax Act is amended by this Part.
32(1) Subsection 3.1(2) is amended by adding ", or authorize or cause another person to be," after "No person shall be".
32(2) Subclause 3.1(3)(a)(ii) is amended by adding ", or authorized or caused the other person to possess," after "possessed".
33(1) Subsection 3.3(1) is amended by adding ", or authorize or cause another person to be," after "No person shall be".
33(2) Subclause 3.3(2)(a)(ii) is amended by adding ", or authorized or caused the other person to possess," after "possessed".
34(1) The Property Tax and Insulation Assistance Act is amended by this section.
34(2) The part of section 16.13 before item 1 is amended by adding "before 2016" after "calendar year".
34(3) Clause 16.15(a) is amended by adding "and" at the end of subclause (ii) and repealing subclause (iii).
S.M. 2015, c. 40 amended
35 Subsection 53(19) of The Budget Implementation and Tax Statutes Amendment Act, 2015 is amended by striking out "35(2)(b)" and substituting "35(2)(c)".
36(1) Except as otherwise provided in this section, this Act comes into force on the day it receives royal assent.
36(2) Section 9 is deemed to have come into force on January 1, 2016.
Part 3: The Retail Sales Tax Act
36(3) Section 19 and clause 22(b) are deemed to have come into force on June 1, 2016.
Part 6: Miscellaneous Amendments
36(4) Section 34 is deemed to have come into force on January 1, 2016.
36(5) Section 35 is deemed to have come into force on November 5, 2015.
This Bill implements measures in the 2016 Manitoba Budget and makes various other amendments to tax legislation.
indexing personal income tax brackets and the basic personal amount (s. 6 to 8)
modifying the seniors' school tax rebate by
– carrying forward the 2015 limit of $470
– reducing the rebate by 2% of net family income above $40,000
– providing the rebate by way of a refundable credit under The Income Tax Act (s. 10 to 13)
modifying the green energy equipment tax credit by
– enabling the Minister of Finance to make regulations specifying the types of equipment that will qualify for the credit (s. 15)
modifying the interactive digital media tax credit by
– eliminating the 24-month and $500,000 per project labour expense limits from the existing 40% credit
– adding a 35% credit for a corporation that pays less than 25% of its wages to Manitoba employees, but pays wages of at least $1,000,000 each year to Manitoba employees working on eligible projects (s. 16)
extending the small business venture capital tax credit by three years (s. 17)
extending the meaning of "retail sale in the province" such that a seller outside Manitoba who keeps inventory in Manitoba will be required to register and collect tax (s. 19)
clarifying the value used to calculate the tax payable on property brought into Manitoba for temporary use and providing an exemption for property brought into Manitoba for fewer than six days a year (s. 20)
ensuring that the tax on a vehicle purchased from a vehicle dealer outside Manitoba is based on the purchase price (s. 21)
clarifying the tax exemption for used furniture and household items acquired for less than $100 (s. 22(a))
adding an exemption for exhibits acquired by a public museum or art gallery (s. 22(b))
requiring a business entity to have an RST number if, in two or more months in the same year, it imports tangible personal property having a value of $800 or more each month (s. 23)
TAX ADMINISTRATION (Part 4)
enhancing enforcement and administrative measures under The Tax Administration and Miscellaneous Taxes Act by
– enabling a tax officer to specify how electronic records are to be provided for inspection (s. 26)
– authorizing a judge issuing a warrant to order someone to provide assistance in executing the warrant(s. 27)
– clarifying that a director of a corporation may be liable if the corporation fails to get a clearance certificate on a bulk sale (s. 28(b))
– ensuring that a bad debt deduction is not available for an amount that a vendor remits in response to a section 48 assessment and then is unable to recover from a purchaser (s. 29)
Other amendments to tax legislation include
amendments to The Health and Post Secondary Education Tax Levy Act to
– repeal spent provisions and remove outdated references (s. 2, 3(1) to (5) and 4)
– enable the director, upon application, to prorate the exemption and the notch provision when a corporation ceases to be a member of an associated group (s. 3(6))
– update the dividend tax credit because of a change to the federal gross-up rate for taxable dividends (s. 9)
– update the references to the minister in the paid work experience tax credit provisions and clarify the minister's power to delegate (s. 14)
amendments to The Tax Administration and Miscellaneous Taxes Act and The Tobacco Tax Act to ensure that rules prohibiting possession of unmarked tobacco also apply to those who arrange for others to bring unmarked tobacco into Manitoba (s. 30, 32 and 33)
The Bill also amends The Property Tax and Insulation Assistance Act to limit the seniors' school tax rebate under that Act to 2015 and earlier years (s. 34) and corrects a coming-into-force provision of The Budget Implementation and Tax Statutes Amendment Act, 2015 (s. 35).