Nova Scotia Power wins tax case
Nova Scotia Power has just won a favourable decision in a tax case involving Canada Customs and Revenue.
The utility will not have to pay $110 million in back taxes the agency claimed it owed over the past three years.
A news release from Nova Scotia Power says the ruling will not affect the average nine per cent rate hike the power company is seeking from homeowners this year.
Canada Customs has the right to appeal the decision to a higher court.