The Expert Panel on Business Taxation is seeking submissions to inform its work for the Minister of Finance on business tax competitiveness and administrative improvements to streamline the Provincial Sales Tax.

The panel welcomes written input on other issues it has been asked to consider, including municipal property taxation of business and its impact on competitiveness and investment.

The panel’s recommendations must respect the Province’s balanced-budget framework and the referendum result to return to the Provincial Sales Tax.

The panel’s report will be submitted to the Minister of Finance by Aug. 31, 2012. The Minister of Finance will respond to the report in Budget 2013.

Those who are preparing submissions are encouraged to review the terms of reference for more details.

Submissions may be emailed to ExpertPanel@gov.bc.ca
or mailed to:
Expert Panel on Tax
Room 105 - 617 Government Street
Victoria, B.C.  V8W 9V8

To ensure the panel has adequate time to review submissions, the members of the panel have asked that submissions be posted before June 2, 2012.

For more information on the Expert Tax Panel and its work, please visit: http://www.fin.gov.bc.ca/experts_panel_tax.htm

Contact:

Janet Stewart
Communications Manager
Ministry of Finance
250 356-9872