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ARTICLE · 20 FEBRUARY 2017

Doing Business In Canada - Key Canadian Tax Considerations

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Foreign enterprises have long been attracted to investment opportunities in Canada. Canada has led the G7 in growth in total inbound investment over the past 15 years and Forbes...

CanadaTax
Michael Friedman
Michael Friedman
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Foreign enterprises have long been attracted to investment opportunities in Canada. Canada has led the G7 in growth in total inbound investment over the past 15 years and Forbes and Bloomberg recently recognized Canada as having the most favourable commercial environment in the G20 in which to establish a business.1

However, the decision to commence commercial operations in Canada must be made with an understanding of the legal framework within which the enterprise will operate. An understanding of the Canadian taxation system is an integral component of the over-arching Canadian legal framework.

The Canadian Tax System

Canada has a unique system of taxation. The federal, provincial and municipal levels of government each impose taxes on businesses in Canada.

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