Nova Scotia Department of Finance - Business Tax & Credits

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Business Tax & Credits

Nova Scotia levies three business taxes that apply to companies with business activities in the province:

The Corporate Income Tax is levied under the authority of the Nova Scotia Income Tax Act.

The Corporation Capital Tax on financial institutions is levied under the authority of the Corporation Capital Tax Act.

The Insurance Premiums Tax is collected under the Insurance Premium Tax Act.

The Large Corporations Tax was eliminated in 2012.

For More Information

The Canada Revenue Agency (CRA) administers the corporate income tax and large corporation's tax on behalf of the Province. The CRA can answer your business income tax questions for both federal and provincial income tax systems.

Toll-Free: 1-800-959-5525