How do provincial governments receive revenue from within the tax system
A)They are funded entirely by their own tax base.
B)They receive the majority of their tax revenues from corporate income tax.
C)They are generally not responsible for collecting sales tax.
D)They receive some of their funds from the federal government.

Question

Quizplus · Accepted Answer

Provincial governments receive some of their funds from the federal government through programs such as equalization payments and transfers for healthcare and social services. They also receive revenue from their own tax base, including personal income tax, corporate income tax, and sales tax (in provinces where it is collected). However, they do not rely solely on their own tax base for funding.

How Do Provincial Governments Receive Revenue from Within the Tax