The following electronic version is for
informational purposes only.
The printed version remains the official version.
BUDGET 97: REPORTS
Ministry of Finance and Corporate Relations
Province of British Columbia

TABLE E3
ENVIRONMENTAL PROTECTION PROGRAMS
TAX EXPENDITURE
  1996/97
Estimated Cost
  ($ millions)
PROVINCIAL SALES TAX
    Exemptions for the following items:
  • Bicycles

  • Exempt energy conservation equipment

 
 
4
 
10
FUEL TAX
  Tax exemption for alternate fuels 1 22
SCHOOL AND RURAL AREA PROPERTY TAXATION 2
  Exemption for property designated for pollution abatement 8

Consistent with a sunset clause introduced when these exemptions were extended for 5 years in 1992, the provincial sales tax will apply to sales of propane used in motor vehicles, effective June 1, 1997. This will reduce the cost of the tax expenditure to about $16-18 million in 1997/98.
Estimates are for the 1996 calendar year and include only school and rural area property taxes levied by the province.


Budget 97 Reports


BC Budget 97


BC Ministry of Finance and Corporate Relations

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