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WALES'S ACTION PLAN

Posted by Jeff Rees on November 28, 2007 9:38 AM | 

The manufacturing sector is vital to the Québec economy.
This action plan provides additional support from the Québec government to help manufacturing businesses respond immediately to the burden of the stronger Canadian dollar and invest for the future.
From Appendix 1 page 14 of the plan
2007 - 2012 Manufacturing Sector Action Plan
Tax measures
Capital tax Credit increase from 10% to 15%
New 30% refundable income tax credit for manufacturer workforce training

The Quebec Government is using tax measures to support the manufacturing sector in Quebec. A Welsh Government must have powers over taxation and where necessary use them to support the manufacturing sector in Wales.


 

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