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I think the reason they can offer it so cheap is a combination of scale, cheap electricity, and tax breaks. iWeb is also in Quebec, so I figured there must be s
by cpncrunch 12y ago
I think the reason they can offer it so cheap is a combination of scale, cheap electricity, and tax breaks. iWeb is also in Quebec, so I figured there must be some tax break. Lo and behold there is one heck of a tax break:
http://www.investquebec.com/quebec/en/financial-products/smbs-and-large-corporations/tax-credits/development-of-e-business.html http://www.investquebec.com/quebec/en/financial-products/smb...
Basically the Quebec government pays 24% of your company's wages, up to $83,333 per employee!
- a3camero 12y agoIt's actually even better than that because there's also a national program that pays up to 35% of R&D salaries: http://www.cameronhuff.com/blog/ontario-tax-credits-for-software-companies/index.html http://www.cameronhuff.com/blog/ontario-tax-credits-for-soft.... There are hundreds of smaller special programs that can pay even more (and they often stack).
- wheaties 12y agoHmmm... now if there were a place to start a business...
- e12e 12y agoWhops, I think you got a downvote. Tiny buttons...