Best Corporate Tax Services Canada - Expatriate Tax

Expatriate Tax

Corporate Tax Services Canada expatriatetax.ca

Introduction corporate tax, also called corporation tax or company tax, is a direct tax imposed by a jurisdiction on the income or capital of corporations or analogous legal entities.

Many countries impose such taxes at the national level, and a similar tax may be imposed at state or local levels.

Characteristics of Corporate Taxes Corporate tax is a tax on the profits of a corporation. The taxes are paid on a company's

taxable

income,

which

includes revenue minus cost of goods sold (COGS), general and administrative (G&A) expenses, selling and marketing, research and development, depreciation, and other operating costs.

How Do Corporate Taxes Work in Canada?

The base rate of Part I tax is 38% of your taxable income, 28% after federal tax has been deducted. After the general tax reduction, the net tax rate is 15%. For Canadian-controlled private companies claiming the small business allowance.

Corporate Tax Planning and Return Preparation

Corporate tax planning can be a large and grueling process. With our many years of experience and in-depth knowledge of corporate tax and accounting regulations, we identify opportunities and develop strategies that meet your tax goals.

Useful Links and References

If you want tax information, we can help you compile a list of links to useful information from the CRA website, as well as references from other trusted sources.

About Us We are a team of accounting experts with more than 20 years of experience providing tax advice to expatriates and non-residents as well as general tax advice to companies and individuals. Our team can help you take care of all of your tax matters by developing the most appropriate tax strategy.

Contact Us Do you have Any questions? You can contact us anytime. www.expatriatetax.ca eaton@expatriatetax.ca (403) 383-2286

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