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Competitive Alternatives 2014 – Focus on Tax 

Tax competitiveness in Canadian cities and around the world

 

A supplementary study to the Competitive Alternatives 2014 report, Focus on Tax assesses general tax competitiveness in more than 100 cities in 10 countries, and compares various tax costs in each location.

Whether your company is considering relocation, expansion, merger, acquisition or offshoring, our Focus on Tax study can serve as your guide to help you understand the tax landscape.

 

Top Highlights

 

  • For the second time, Canada ranked first among the 10 countries compared, with total tax costs 46.4% lower than the US
  • Total Tax Index (TTI) rankings of countries in 2014 are broadly consistent with 2012 rankings – the UK moved ahead of Mexico, and Australia ahead of Germany
  • Japan, Italy and France have seen significant improvements in their TTI scores
  • Toronto, Vancouver and Montreal are the most tax competitive among 51 major international cities

 

For more information on how countries fared, view our infographic below, explore the Canadian and International results, or download the report [PDF 1.57MB] for more in-depth information.

 

Tax competitiveness in Canadian cities and around the world
Tax competitiveness in Canadian cities and around the world
Tax competitiveness in Canadian cities and around the world
Tax competitiveness in Canadian cities and around the world
Tax competitiveness in Canadian cities and around the world
Tax competitiveness in Canadian cities and around the world
Tax competitiveness in Canadian cities and around the world
Tax competitiveness in Canadian cities and around the world

 

KPMG can help

 

KPMG's global network of International Corporate Tax professionals consider the broad impact of international taxes, and assist businesses and organizations worldwide to manage tax liabilities and assist in future tax planning.

 

KPMG can help you:

 

  • Manage complexities of multiple tax systems and regulations
  • Handle cross-border tax matters
  • Identify and secure grants and other government incentives
  • Enhance tax accounting methods and systems
  • Prepare tax and information returns and other disclosure requests
  • Seek tax-efficient exits from foreign markets
  • Define new venture and growth strategy, and determine supply chain optimization
  • Assist on due diligence and other related audit, tax, accounting and compliance issues

 

For more information, please contact Elio Luongo.

 Contact

Elio Luongo

Elio Luongo

Canadian Managing Partner, Tax

416-777-3586

Reports and Resources

Competitive Alternatives 2014 – Focus on Tax

 

Download Competitive Alternatives 2014 - Special Edition: Focus on Tax [PDF 1.57MB]

 

Download Competitive Alternatives 2014 "Focus on Canada" [PDF 2.5MB]

 

Download Full Report: Competitive Alternatives 2014 [PDF 11.6MB]

 

Focus on Tax 2014 – Slideshare Presentation

 

Study Archive

 

Media

Focus on Tax News Release

 

Focus on Tax Regional Backgrounder [PDF 143KB]

 

If you would like to arrange a media interview to discuss the Focus on Tax findings, please contact media@kpmg.ca.

 

What is Total Tax Index (TTI)?

Competitive Alternatives 2014 – Focus on Tax compares total tax costs between countries and cities using a Total Tax Index (TTI) for each location. The TTI is a measure of the total amount of taxes paid in a specific location by a corporation, as compared to the US average at 100.00.

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