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==Fiscal federalism== | ==Fiscal federalism== | ||
The taxation régime in the KF is structured to ensure that the | The taxation régime in the KF is structured to ensure that the provinces have a sufficient independent domestic revenue base to finance good governance, while also providing adequate funding for common purposes such as national defence and structural support to underdeveloped regions. | ||
Federal government revenue comes primarily from {{wp|income taxes}} and {{wp|customs duties}}, and secondarily from a selection of excises on interprovincial commerce. Provincial government revenue comes primarily from {{wp|consumption taxes}} and {{wp|land value tax}}, and secondarily from {{wp|stamp taxes}}, specific duties (e.g. on alcohol, tobacco, firearms, men's magazines, electricity). In some provinces, {{wp|resource rents}} contribute significantly to the public coffers. | |||
===Structural and Devolved Funds=== | |||
==See also== | ==See also== |