http://www.bcgasprices.com/Can_Tax_Info.aspx WebDec 11, 2024 · Royalty reductions, including deep drilling and infrastructure credits † British Columbia: Oil and gas companies: $631 million: Reduced tax for aviation fuel †† Ontario: Aviation Industry: $273.5 million: Tax exemption for coloured fuels used in agriculture: Ontario: Agricultural industry: $275 million: Fuel tax exemptions and …
Canada Gasoline Tax Information - British Columbia Gas Prices
WebJan 31, 2024 · Overview. As a GST/HST registrant, you recover the GST/HST paid or payable on your purchases and expenses related to your commercial activities by claiming input tax credits (ITCs). You may be eligible to claim ITCs only to the extent that your purchases and expenses are for consumption, use, or supply in your commercial activities. WebNov 22, 2024 · Proceeds relating specifically to the use of natural gas and propane by farmers are returned directly to farmers via a refundable tax credit. Fishers and farmers are currently exempt from paying the federal fuel charge on gasoline and light fuel oil (e.g., diesel) used for eligible fishing and farming activities in provinces currently under the ... flight rising nature festival
BC Climate Action Tax Credit (Carbon Tax) - 2024 TurboTax® …
WebNatural Gas Tax Credit Regulation, BC Reg 145/2024 Political Contributions Regulations, BC Reg 343/95 Recovery Benefit Regulation, BC Reg 13/2024 Source Deduction Regulation, BC Reg 396/2000 Training Tax Credits (Prescribed Requirements) Regulation, BC Reg 299/2010 Training Tax Credits ... Web1 In this regulation: "Act" means the Income Tax Act; "Compressor Station 2" means the compressor station located at 55° 38' 54.76" north latitude and 122° 12' 30.70" west longitude on the natural gas pipeline known as the Westcoast Transmission System. [en. B.C. Reg. 232/2024, s. 1.] WebMay 10, 2024 · The BC Liberals are calling on the NDP government to temporarily suspend provincial gas taxes and import taxes on gas from Alberta, while creating a one-time boost to the Climate Action Tax Credit ... flight rising moth eaten rug