Liquefied Natural Gas Income Tax
If you engage in or have income from liquefaction activities at an LNG facility in B.C., you pay LNG income tax on your net income and net operating income from liquefaction activities beginning January 1, 2017. You may have to pay the tax even if you aren't a Canadian resident or don't have a permanent establishment in B.C.
The LNG income tax rates are:
On January 1, 2037, the tax rate on net income will increase to 5%. The tax rate on net operating income will continue to be 1.5%.