By enacting legislation Manitoba’s 2013 budget evaluates took Royal Assent on December 5, 2013. The budget belonging tax measures provisions that:
- Corporate capital tax rate on financial institutions has to be increased from 4% to 5%;
- The threshold limit of the small business income has to be raised from $425,000 to $400,000;
- Change the Manitoba dividend tax credit for non-eligible dividends has to be changed to reflect federal changes; and
- A new rental housing construction credit has to be provided.
