Yes, that's correct. It was a 25% tax credit. The maximum credit per space is $10,000. In other words, $40,000 was the maximum amount of eligible expenses.
On May 8th, 2017. See this statement in context.
On May 8th, 2017. See this statement in context.
May 8th, 2017 / 4:15 p.m.
Director, Business Income Tax Division, Tax Policy Branch, Department of Finance
Yes, that's correct. It was a 25% tax credit. The maximum credit per space is $10,000. In other words, $40,000 was the maximum amount of eligible expenses.
See context to find out what was said next.