Eskasoni First Nation fishery now tax exempt

Global News

ESKASONI, N.S. – Fishermen from the Eskasoni First Nation in Cape Breton have been told that income earned from their communal fishery is now considered tax exempt.

The decision from the Canada Revenue Agency comes after a five-year fight.

Eskasoni legal counsel Max Faille says it’s an important legal victory for the band.

Faille says the ruling concludes that income derived from reserve-based businesses can be considered tax exempt even if the work takes place off reserve.

Eskasoni Chief Leroy Denny says he is pleased with the decision.

But he says there remain several unanswered questions about how and when fishermen will be reimbursed.

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