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TAX POLICY * Canada - Feds mull scrapping of diesel tax
Ottawa,ONT,CAN -Today's Trucking -25 Aug 2008: -- The hated four-cent excise tax on diesel fuel could be eliminated by the federal Conservatives, according to a report by the Financial Post... There's been discussion among Ottawa brass about scrapping the tax, which according to the Post, generates over a $1-billion of revenue for the federal government... "There still seems to be a fair bit of interest from a political point of view," a source told the paper... The source adds, however, that the proposal is facing headwinds from the Department of Finance, which is reluctant to give up the cash flow. Also, a spokesman for the Prime Minister's Office flatly denied that such a cut in the works, according to the Post...
Labels: taxes policy
posted by Unknown @ 5:02 AM
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