Sask. aims to launch new tax collection agency, take over federal program

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Sask. aims to launch new tax collection agency, take over federal program
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The Saskatchewan Revenue Agency, according to the province, would administer taxes and related programs.

The Saskatchewan Revenue Agency, outlined in new legislation tabled on Monday, would administer taxes and related programs, including taking control of the provincial portion of the corporate income tax system from the federal government.Sign up to receive the daily top stories from the National Post, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

The Act would allow the government to establish the agency, including its purpose, powers, structure, accountabilities and abilities to make regulations. She said the province refrained from going a step further in collecting personal income taxes because it would take more work and exploration./Wotherspoon estimated the agency would cost $15 million to $20 million annually. He based these costs on his conversations with tax experts, who he said the province may need to hire 100-150 employees.Article content

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