Bill C-15 received Royal Assent, creating the First Nations Goods and Services Tax Act framework.

The opt-in FACT regime gives participating First Nations a legislated route to impose a five-per-cent tax on fuel, alcohol, cannabis, tobacco, and vaping products on reserve or settlement lands. It is real fiscal-jurisdiction architecture, but community laws and administration must still follow.

Disclosed

No amount made public.

Where it stands

Federal statute in force. No verified list of First Nations with implemented FACT laws and collections was located by the cutoff.

What would move it next

First community laws, administration agreements, collection dates, and disclosed revenue results.

The other view

The law is optional and narrow. It does not automatically create revenue, and design trade-offs include administration, interaction with existing tax-sharing arrangements, local incidence, and political acceptance.

Unresolved

Which First Nations will opt in and on what subset of products?
What net recurring revenue remains after administration and changes to other tax-sharing arrangements?

Primary sources

No independent verification is recorded for this entry. That is part of why it carries the confidence rating it does.