What is the Tax Law in Canada, and How it Affects Businesses?
How Taxes Affect Businesses in Canada What's more, what are the implications of Tax Law in Canada on your business? There are many different types of taxes that businesses must pay, but the most important ones are income taxes, sales taxes, and property taxes. Income tax is a tax on the profits you make from your business. It's also called corporate income tax. It's a tax that is calculated on the profits you make from your business. Sales tax is a tax that is charged on the sales you make. It's also called retail sales tax. Property tax is a…