VICTORIA - British Columbia is changing the province’s tax structure for liquefied natural gas projects with Finance Minister Carole James saying the government is aiming to encourage more development through a natural gas tax credit. British Columbia is changing the province's tax structure for liquefied natural gas projects, aiming to encourage more development through a natural gas tax credit. It would also repeal the Liquefied Natural Gas Income Tax Act, which it says created barriers for investment and left the province open to footing the bill for special industry tax and regulatory protections. The new tax credit would go in effect on Jan. 1, 2020, to companies that qualify for it. Liberals for their generous giveaway of our natural gas resources, the B.C.
Source: thestar March 25, 2019 22:32 UTC