Tax advantage was better in Canada even after Trump cuts, Finance document says

  • 📰 nationalpost
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 80%

Colombia Noticias Noticias

Colombia Últimas Noticias,Colombia Titulares

The August 2018 analysis said the American tax reforms had “reduced, but not eliminated” the tax advantage for businesses north of the border

OTTAWA — Finance Minister Bill Morneau was told months before he gave a federal helping hand to the country’s businesses that companies operating in Canada faced a better tax environment than in the United States — even after the Trump administration’s sharp tax cuts.

He said Morneau should still aim to lower the combined federal-provincial tax rate on businesses to 20 per cent from the current almost-27 per cent, which is above the average of OECD countries. Kingston said the measure focused on the write-off rules shouldn’t be viewed as making Canada more competitive than the United States.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Your crazy imo

Um no not even close

Sure it was--that's why companies are moving from Canada to the US....LOL!

Morneau is on a different planet. One where everyone inherits massive fortunes from their daddy.

hahahaha

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 10. in CO

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Western Canada: Alberta launches its ‘war room’ to target opponents of oil industryEffort has been criticized for essentially serving as a propaganda arm of the government *Sings* WAR. What is it good for? Absolutely NOTHING.
Fuente: globeandmail - 🏆 5. / 92 Leer más »