Saskatchewan Manufacturing and Processing Profits Tax Reduction
Saskatchewan
Government of Saskatchewan, Ministry of Finance
Funding Amount
Reduce income tax rate up to 2%
Program Contact Details
SaskTaxInfo@gov.sk.ca
1-800-667-6102
Industry
Manufacturing, Processing
What is this funding for?
Income tax reduction for manufacturing and processing in Saskatchewan
Program Description
The Manufacturing and Processing (M&P) Profits Tax Reduction applies to firms in the manufacturing and processing industry. Eligible corporations can reduce their Saskatchewan income tax rate on Canadian manufacturing and processing profits by as much two percentage points. Saskatchewan-based firms with a high allocation of income to Saskatchewan will receive a larger tax reduction than firms with a low allocation of income.
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