Quote:
Originally Posted by minusonebit
Don't they have like a 20% sales tax? Thats what you call low? Fuck that shit.
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6% sales tax, and you're not the one paying it, the customer is.
Corporate taxes are around 17% for small businesses ($400k profit or less). Dividends are tax free up to $40k, and with $500k in dividends you'd pay around 22%.
Taxes are low in Canada