Manufacturing and Processing Profits Tax Credit 

Department of Finance, Government of Newfoundland and Labrador
Applies only to: Newfoundland and Labrador

If you are manufacturing or processing from a permanent establishment located in Newfoundland and Labrador, you are eligible to be taxed at a rate of 5% instead of 9%. To obtain this credit, you should complete a Schedule 300 with your annual income tax return.

This credit is administered on behalf of the province by the Canada Revenue Agency.

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