Don’t just cut it, slash it: KPMG’s tax advice to Canada

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The Canada.com site reports that:

Recent corporate tax cuts have not increased Canada's attractiveness as a place for foreign firms to invest, a survey released today by international consulting firm KPMG suggests.

"Foreign corporate investment into Canada is expected to remain unchanged across the longer term, despite Canada's push to create a more positive tax regime to attract foreign investment," KPMG said in its latest international survey of corporate investment plans.

But it doesn't mean tax cuts aren't important, it's that they haven't gone far enough, KPMG's Canadian partners explained in an interview.

No tax cut is big enough for KPMG it seems. So long as, of course, it is for the internationally mobile. Who else matter?