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Canada Ranked World's Most Tax - Friendly for Business

Canada Ranked World's Most Tax - Friendly for Business

Posted by Christian Miranda on June 24, 2014

Canada’s taxes are the most business-friendly in the world, according to a new report from KPMG – a fact that might grab the attention of businesses looking for takeover targets.

The “Focus on Tax” report ranked developed countries by adding up a wide range of tax costs to businesses – from statutory labour costs to harmonized sales tax – and comparing them to what companies pay in the U.S.

Not only was Canada ranked No. 1 in the world, but Toronto, Vancouver and Montreal took the top three spots for tax-competitive major international cities.

 

 

 

Photo by: worldofstock.com

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