- Budget Measures Act, 2005 (No.2), Technical Amendments to Motor Fuels, Tobacco and Land Taxes Statutes
The Budget Measures Act, 2005 (No.2) (c.31, S.O. 2005) which received Royal Assent on December 15, 2005 includes technical amendments to the Fuel Tax Act, Gasoline Tax Act, Land Transfer Tax Act, Tobacco Tax Act and the Electricity Act, 1998 as it relates to the gross revenue charge. These technical amendments will improve administrative effectiveness, maintain the integrity and equity of the tax system and enhance legislative clarity. - Budget Measures Act, 2006 (No. 2), Overview of Amendments to the Fuel Tax Act, Gasoline Tax Act, Land Transfer Tax Act, Tobacco Tax Act and Provincial Land Tax Act
On December 20, 2006, the Budget Measures Act, 2006 (No. 2), received Royal Assent (c. 33, S.O. 2006). This statute includes amendments to the Fuel Tax Act, Gasoline Tax Act, Land Transfer Tax Act, Tobacco Tax Act and the replacement of the Provincial Land Tax Act with the Provincial Land Tax Act, 2006. - Budget Measures and Interim Appropriation Act, 2008 - Overview of the 2008 Ontario Budget Duty and Tobacco Tax
On May 14, 2008, the Budget Measures and Interim Appropriation Act, 2008 received Royal Assent (c.7, S.O. 2008). This statute includes amendments to the Land Transfer Tax Act and the Tobacco Tax Act. - Details about Changes to the Family Business Exemption
Some definitions relating to the Family Business Exemption have changed. The second stage requirements of the exemption were also simplified. These changes are expected to make the exemption easier to apply for and understand. - Details about the Proposed Exemption for Certain Transfers of Farmed Land from a Family Farm Corporation to Individual Family Members
On March 25, 2008, proposed amendments to the Land Transfer Tax Act were announced in the 2008 Ontario Budget. It was proposed that the exemption be expanded to include certain transfers of farmed land from a family farm corporation to individual family members. - Highlights from the 2006 Ontario Budget
The Budget Measures Act, 2006 received Royal Assent on May 18, 2006. It included a number of measures relating to the above noted statutes.