The
Government of Saskatchewan’s taxation regime
is designed to provide the financial resources to
meet the Province’s responsibilities in funding
public services such as health care and education.
The Province’s financial resources do not come
solely from taxation but tax revenue annually makes
up a significant portion of the Province’s own-source
revenue.
The
Province’s taxation regime is continually reviewed
to ensure that it is meeting Saskatchewan’s revenue
requirements within the following principles: fairness,
competitiveness, simplicity and sustainability.
While
the primary purpose of taxation is to raise sufficient
revenue to fund public services, governments also
attain some of their social and economic goals by
reducing taxes through various tax credits and other
initiatives (these measures are commonly called "tax
expenditures").
©2006
