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  • Service: Tax, International Tax
  • Type: Regulatory update
  • Date: 6/19/2014

Canada - Report of corporate tax competitiveness 

June 19:  According to a 2014 report prepared by KPMG and comparing total tax costs in more than 100 cities among 10 countries around the world—
  • For the second time, Canada ranked first in overall corporate tax competitiveness, with tax costs 46.4% lower than the United States.
  • Canada offers the lowest effective corporate income tax rate at 7.2%.
  • Toronto, Vancouver, and Montreal are the most corporate tax-competitive cities among 51 major international cities (population of two million people or more).
  • Edmonton ranked the most tax-competitive city in Canada.

Read a June 2014 report prepared by the KPMG member firm in Canada: Exploring International Corporate Tax Competitiveness - Competitive Alternatives




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