Economy Corporate Taxes

Enact a Job Creation Tax Cut to reduce the general income tax rate on businesses from 12% to 8% over four years

UCP Platform p.19 April 1, 2019
In progress
May 2019

Bill 3 lays out Alberta's plan for phased corporate tax cut from 12 to 8 per cent

CBC News May 28, 2019

Under Bill 3, the Job Creation Tax Cut, the corporate tax rate would drop from 12 to 11 per cent on July 1, with a further decrease to 10 per cent by Jan. 1, 2020.

Two subsequent reductions would happen at the beginning of 2021 and 2022. The small business tax rate will continue to be two per cent.