Expanding into Canada - Tax Considerations .mp4

Tax Considerations Expanding into Canada
🌍 Expanding your business into Canada?
Choose wisely between setting up as a branch or a subsidiary!
Understand the pivotal tax and legal implications that could impact your decision.
📊 Tax Essentials:
Federal Income Tax: A steady 15% applies to all businesses, branches included!
Provincial Variance: Income taxes ranging from 11.5% to 16% based on your location.
Sales Tax Insight: GST/HST at the federal level (5% to 15%), with provincial rates from 6% to 10%.
Withholding Wisdom: Navigate 25% withholding taxes on international payments, mitigable through strategic treaty-based returns.
Dive into operational tax nuances with branch taxes and essential payroll obligations. Ensure your strategy accounts for every financial facet from the start!
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