The Best Way to Structure a Corporate Tax Strategy in Canada
Small and Medium Business Tax Strategies to Reduce Tax in Canada Canada is a relatively low-tax jurisdiction compared to many other countries. This makes it attractive for multinational companies looking to set up their headquarters in the country. But while the tax rate is low, the country’s federal corporate income tax is progressive. This means that companies with a higher income will pay a higher tax rate than companies with a lower income. This is why it is important to structure a corporate tax strategy in Canada in a way that minimizes the tax burden. What is the Best Way…
