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What are Canadian business tax rates vs US rates?
by aswanson 9y ago
What are Canadian business tax rates vs US rates?
- jellicle 9y ago0% for both, for any money spent on salaries.
- thephyber 9y agoThis is potentially misleading. The US has a "payroll tax", which is paid by companies and is usually a percentage of the salary paid to the employee. You may not consider it a "business tax", but others might. Also, some cities have business taxes on a per-employee basis. Additionally, there is potentially a lot of variance in business taxes between one state/province/municipality and another.