Quote:
Originally Posted by Northendzone
I hear what you are saying, but what would happen to the economy of the country if all companies did this....of course eventually the gov't would wind up closing the door.
I think as Canadians we have an obligation to our country to pay our fair share of taxes.
|
I'm not a huge fan of flags of convenience myself, but if one is a pure free-marketer, one could say that taking advantage of better tax rates elsewhere, when available, woyld apply pressure to the Cdn government to have competitive business tax rates to avoid the loss of that part of their tax base.