This is an official version. Copyright © 2000: Queen's Printer, Important Information
Statutes of Newfoundland 2000 AN ACT TO AMEND THE HEALTH AND POST-SECONDARY EDUCATION TAX ACT (Assented to December 14, 2000) Analysis 1. S.3 Amdt. Be it enacted by the Lieutenant-Governor and House of Assembly in Legislative Session convened, as follows: RSN1990 cH-1 1. (1) Subparagraph 3(1)(d)(i) of the Health and Post-Secondary Education Tax Act is repealed and the following substituted: (i) with respect to the taxation year beginning on January 1, 2000, remuneration paid in excess of the first $337,500, and with respect to each year following, in excess of the first $400,000 of remuneration paid in the year, or (2) Subsection 3(3) of the Act is repealed and the following substituted: (3) Notwithstanding subsection (2), with respect to the taxation year beginning on January 1, 2000, an employer shall pay tax at the rate of 1.75% of taxable remuneration paid in relation to a renewable resource industry. (3) Subsection (2) shall be repealed on December 31, 2000. ©Earl G. Tucker, Queen's Printer |