Tag Archive: Justin Trudeau Gives $595 Million Tax Relief to ‘Eligible’ Media


on November 22, 2018 in World News

Justin Trudeau Gives $595 Million Tax Relief to ‘Eligible’ Media

by Robert Kraychik Canadian Prime Minister Justin Trudeau’s government will extend $595 million in tax relief over a five-year period to news media outlets it defines as “eligible,” according to the Toronto Star. The tax relief will include tax breaks for consumers who purchase subscriptions from news media outlets, refundable tax credits for news media outlets’ operational costs, and the extension of charitable status to non-profit news media organizations; registered charities with the Canada Revenue Agency (CRA) can issue charitable receipts to donors and benefactors for donations. Eligibility will be determined by the government and government-established panels. Details regarding such...

by Robert Kraychik Canadian Prime Minister Justin Trudeau’s government will extend $595 million in tax relief over a five-year period to news media outlets it defines as “eligible,” according to the Toronto Star. The tax relief will include tax...

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