New Small Business Tax Deduction
Nova Scotia
Government of Nova Scotia, Finance and Treasury Board
Program Contact Details
Samantha.Thomson@novascotia.ca
902-424-5388
Industry
All businesses are eligible except those involved in the professional practices of accountants, dentists, lawyers, medical doctors, veterinarians, or chiropractors.
What is this funding for?
Tax credit for newly incorporated Nova Scotia businesses
Program Description
The New Small Business Tax Deduction (also known as the Corporate Tax Holiday) eliminates provincial corporate income tax for eligible new small businesses for the first 3 taxation years after incorporation.
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