INAC presents Bill C-20 to create new First Nations institutions and taxation
November 12, 2004 - 7:05am | by Anonymous
On November 2, 2004, the minister of INAC, Andy Scott presented BILL C-20 to the House of Commons in its first reading. Click here to read the entire bill.
From the introduction of the bill ...
An Act to provide for real property taxation powers of first nations, to create a First Nations Tax Commission, First Nations Financial Management Board, First Nations Finance Authority and First Nations Statistical Institute and to make consequential amendments to other Acts ...
This enactment strengthens first nations
’ real property tax regimes and creates a first nation bond financing regime, and creates four institutions to support those regimes, to promote first nations’ economic development and to strengthen first nations’ statistical capacity. ...