Tax deduction for new small business 

Finance and Treasury Board, Government of Nova Scotia
Applies only to: Nova Scotia

Your new, incorporated small business may be eligible for a tax credit that will exempt you from paying Nova Scotia corporate income tax for the first three years, if you:

  • Have at least two employees
  • Pay at least 25% of your salaries to employees living in the province
  • Have your head office in Nova Scotia
  • Are not associated with another corporation
  • Are carrying on a different kind of business activity than you did before.

Other conditions apply.

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