Band hopes to share tax revenue
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A point that arose during negotiations involving an on-reserve cigarette manufacturer and the federal government could have a positive impact on the economy of every First Nation in Canada.
Grand River Enterprises has agreed to pay federal excise and duty taxes in exchange for a federal manufacturing license. The company plans to meet with representatives of the federal Ministry of Finance to follow up on the possibility that some of that tax revenue could find its way into their local band council's coffers.