4 ms·
Canada already does this but the way we choose to do it requires jumping through a whole set of hoops for journalists. Take a look at this: https://www.canada.
by restitutorOrbis 4y ago
Canada already does this but the way we choose to do it requires jumping through a whole set of hoops for journalists.
Take a look at this: https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-return/completing-a-tax-return/deductions-credits-expenses/deductions-credits-expenses/digital-news-subscription.html https://www.canada.ca/en/revenue-agency/services/tax/individ...
- squeaky-clean 4y ago> The maximum credit will be calculated by: > multiplying the lowest personal income tax rate (15%) by the total of all amounts paid by the individual for qualifying subscription expenses in the year up to $500. Not a Canadian so I've never heard of this before, but does this mean it's just a 15% discount?
- RegnisGnaw 4y agoYep