Quote:
Originally Posted by Jimdon
Yes and no. The workers for that corporation would add to the local economy by paying taxes, the Corp itself would likely siphon money out of the province by taking advantage of all of the tax breaks and moving their profits to a tax haven somewhere. The alberta advantage right?
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You’re referring to income tax and who knows what kind of tax planning a corporation could do and how profitable it would be. I’m certain CSEC does their share of tax planning and I bet their current income taxes are very low.