It would automatically default to the state of the law as it was, which was 16%.
On June 1st, 2006. See this statement in context.
On June 1st, 2006. See this statement in context.
June 1st, 2006 / 10:25 a.m.
Senior Chief, Tax Policy Branch, Department of Finance
It would automatically default to the state of the law as it was, which was 16%.
See context to find out what was said next.