12 August 2015
Why pick a location in Canada? There are numerous factors that regularly vault the nation toward the top of international rankings of business-friendly environments — from Forbes to Bloomberg and beyond. Right at the top of the list are Canada’s competitive business costs, starting with taxes.
One KPMG report — which added up a range of business expenses from statutory labor costs to sales taxes — lauded Canada’s tax structure as the most business-friendly in the developed world. Tax-related costs in Canada were 46.4 percent lower than in the United States, according to KPMG’s “Focus on Tax,” which also listed Toronto, Vancouver, and Montreal as the most tax-competitive of 51 major international cities.
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