1998-99     

1997-98    

Estimates   

Revised    

($000)     

($000)    

PROVINCIAL TAX SOURCES:

Personal Income Tax

627,040

543,870

Sales Tax

450,000

444,860

Gasoline Tax

119,500

119,000

Payroll Tax

73,100

69,600

Tobacco Tax

69,000

67,000

Corporate Income Tax

77,900

78,069

Natural Resources Taxes and Royalties

29,825

26,700

Insurance Companies Tax

20,515

20,000

Corporate Capital Tax

6,600

6,500

Forest Management Tax

1,800

1,820

TOTAL: Provincial Tax Sources

1,475,280

1,377,419

OTHER PROVINCIAL SOURCES:

Newfoundland Liquor Corporation

81,200

81,200

Lottery Revenues

78,000

78,000

Vehicle and Driver Licences

49,490

50,500

Registry of Deeds, Companies and Securities

11,600

11,525

Fines and Forfeitures

6,280

6,305

Inland Fish and Game Licences

4,290

3,940

Water Power Rentals

3,800

3,800

Crown Lands

2,995

8,735

Registry of Bills and Sales

2,070

2,040

Forestry Royalties and Fees

2,245

2,245

Mining Permits and Fees

1,590

2,335

Other

7,391

7,840

TOTAL: Other Provincial Sources

250,951

258,465

TOTAL: PROVINCIAL SOURCES

1,726,231

1,635,884

GOVERNMENT OF CANADA:

Equalization Payments

896,000

995,764

Canada Health and Social Transfer (CHST)

272,100

280,000

Sales Tax Transitional Assistance

127,000

127,000

Term 29 Award

40,000

40,000

Public Utilities Income Tax Transfer Act (PUITTA)

-

(742)

Statutory Subsidies

1,754

1,754

TOTAL: GOVERNMENT OF CANADA

1,336,854

1,443,776

TOTAL: PROVINCIAL AND FEDERAL REVENUES

3,063,085

3,079,660