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SA国际影视传媒楨verything is open with regard to tax options,SA国际影视传媒 Hickes says as GN begins review

Georges-Hickes1

The Government of Nunavut is assessing its tax system and all options are open, according to Finance Minister George Hickes.

Finance Minister George Hickes: A retail sales tax is one option the GN will consider as part of its tax review.
photo courtesy of the Government of Nunavut

SA国际影视传媒淵ou look at our corporate taxes, it has come up in the past that our small business tax is higher than some other jurisdictions. Do we leave at that? Do you reduce it to try and stimulate more economic activity?SA国际影视传媒 Hickes said in the legislative assembly on Friday. SA国际影视传媒淚tSA国际影视传媒檚 weighing different levels of our taxation system along those lines. Other jurisdictions have an alcohol tax, we do not. Everything is open with regard to tax options available to us.SA国际影视传媒

Hickes confirmed that a retail sales tax is another option his staff is considering in its review that will continue into 2020.

Iqaluit-Manirajak MLA Adam Lightstone recommended that the GN look at a sugar tax, or a tax on sugary drinks like pop SA国际影视传媒渢o encourage people to adopt a more nutritious healthy lifestyle.SA国际影视传媒

Hickes replied that it, too, could be considered but said some Nunavummiut have shown a willingness to pay $5 per can or bottle of pop, so price isnSA国际影视传媒檛 necessarily a deterrent.

Lightstone fired back that the GN has used that same rationale to repeatedly raise cigarette taxes so it should be applicable to sugary drinks as well.





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