The 2015 federal budget reduced the small business tax rate on the first $ 500,000 of active business income from 11 per cent to 9 per cent by 2019. (boardoftrade.com)
It could greatly simplify business taxation by eliminating the small business tax rate and dividend rules altogether and providing incentives for small business owners to invest in their businesses. (canadianbusiness.com)
It's the growing trend for American companies to consider relocating their headquarters outside the U.S. in order to take advantage of considerably lower business tax rates in other jurisdictions. (entrepreneur.com)