Posts Tagged ‘business taxation’

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A business lobby group is criticising the tax rules for being too heavy-handed on small businesses. The Tax Working Group released its interim report this week and ruled out a cut in the company tax rate, a progressive tax rate or alternative taxation for small businesses, such as cash-flow or turnover taxes.

Prime Minister Justin Trudeau’s government could make meaningful progress in addressing the nation’s competitiveness challenges even without taking the costly step of lowering the corporate tax rate, according to the head of the country’s biggest business lobby.

Entrepreneurs need passion, but they also respond to incentives. Entrepreneurs, when asked, generally deny that taxation had any influence on their decision to start a business. The passion to create and to run a company, as they see it, was the only factor in their choice. And yet, taxation has an undeniable effect on an […]

Corporate China is bracing for a big tax increase as the government steps up collection of payroll levies that fund the country’s social insurance programmes, after years of allowing smaller companies to shirk their obligations.

Canada’s government is planning targeted measures to boost competitiveness rather than a broad, across-the-board cut to the nation’s benchmark corporate tax rate, according to an official familiar with the plans.

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