Quote:
Originally Posted by IliketoPuck
You are leaving out the other key piece, which is personal tax rates.
Top income earners are incentivized to work in a lower tax jurisdiction. Their decisions to relocate head offices are equally if not more determined by the personal rate they will be taxed as the prevailing corporate rate. Although both are taken into consideration, neither can be taken in isolation.
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How many non-oil and gas related companies have moved their head offices to Calgary in the last 20 years?
I'd say head offices are located in Alberta because that is where the Oil is. They aren't going to be relocated to Ontario if that province reduces their tax rates to a few percentage points below Alberta's.