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Welcome to the FNTC

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  • Welcome to the FNTC

    Welcome to the FNTC

    The First Nation-led First Nations Fiscal and Statistical Management Act,
    currently before Parliament, is proposing a successor institution to the Indian
    Taxation Advisory Board. The First Nations Tax Commission (FNTC) will be
    established in statute and take its place alongside the other proposed fiscal
    institutions.

    The FNTC will be available for those First Nations who choose to use its
    services. It will be responsible for the development and regulation of the First
    Nations property tax system. In carrying out this role, it will work with First
    Nations, other First Nations institutions, the federal, provincial and local
    governments.

    The FNTC will help create a property tax system that is administratively
    efficient, harmonized with the rest of the country and fair to on-reserve
    taxpayers. To realize this vision, it will set administrative standards, regulate
    matters pertaining to its property tax mandate, enforce these regulations, mediate
    disputes and act on behalf of the collective interest of First Nations tax
    administrations.

    It is currently Ten Times Harder to create jobs and wealth on First Nations
    land than anywhere else in the country. The First Nations Fiscal and
    Statistical Management Act aims to begin to correct this problem. It represents a
    positive step for a better future for all First Nations. This also means, as a
    First Nations-led initiative, we are no longer talking about change, we are
    making it a reality.

    -----------------------
    *If you re-print, copy, archive or re-post this message, please retain this
    credit.
    =-=-=-=-=-=-=-=-=
    UBCIC's Protecting Knowledge Conference site:
    http://www.ubcic.bc.ca/protect.htm
    Don't worry that it's not good enough for anyone else to hear... just sing, sing a song.sigpic

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