On the $5, 50% of the $5 will be taxable, so if you're taxed at the general rate—that's 15%—the overall tax will be, if I'm calculating this correctly, 75¢. But the change is 30¢.
On April 24th, 2018. See this statement in context.
On April 24th, 2018. See this statement in context.
Director General, Business Income Tax Division, Tax Policy Branch, Department of Finance
On the $5, 50% of the $5 will be taxable, so if you're taxed at the general rate—that's 15%—the overall tax will be, if I'm calculating this correctly, 75¢. But the change is 30¢.
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