Sentences with phrase «federal corporate tax rate»

There's another thing to consider here: the effect of changes in federal corporate tax rates on provincial revenues.

The general federal corporate tax rate is 28 %.

Health care «windfall profit» tax — There is no justification to impose a new state tax on a single business sector, as proposed here, in response to an across - the - board reduction of federal corporate tax rates.

Even though federal corporate tax rates have fallen by more than half over the past thirty years, corporate income tax revenues have continued to fluctuate around 2 per cent of GDP.

The current federal corporate tax rate is 15 per cent, so that implies a tax base of about $ 263 billion.

[log of tax base] = -0.946 * [federal corporate tax rate] + 0.522 * [log of previous year's tax base] + other variables and controls

Apple is one of several multinational giants that have kept a total of roughly $ 3 trillion in global profits off their domestic books to sidestep the previous 35 percent federal corporate tax rate.

The former federal corporate tax rate of 35 percent was a burden on businesses, largely contributing to the relocation of U.S. jobs overseas.

Even though federal corporate tax rates have fallen by more than half over the past 30 years, corporate income tax revenues have continued to fluctuate around two per cent of GDP.

He supports plans to lower the federal corporate tax rates and the harmonization of British Columbia and Ontario's sales taxes with the GST, but notes both Quebec and Nova Scotia have hiked their sales taxes in the past year.

For businesses, Republicans are also seeking to reduce the federal corporate tax rate to 20 percent from its current maximum level of 35 percent.

He points to Trump's pledge to lower the federal corporate tax rate from 35 per cent to 15 per cent.

The NDP leader has not yet spelled out precisely how high he would boost the federal corporate tax rate, which currently stands at 15 per cent.

In Tuesday's federal budget, the government said more analysis was necessary before considering tax cuts to match the U.S., which announced in December it would drop its federal corporate tax rate to 21 per cent from 35 per cent.

Businesses will receive a slew of benefits from the GOP tax bill — the biggest being a cut in the federal corporate tax rate to 21 % from the current 35 %.

The U.S. government wants to reduce the federal corporate tax rate to 20 percent from its current maximum level of 35 percent.

If the Conservatives hadn't touched the federal corporate tax rate when they took office in 2006 — if they'd kept it at 21 per cent instead of lowering it to 15 per cent — government revenues would be $ 13 billion higher, the Canadian Labour Congress argued in a paper last January.

The longer - term impact on stocks should be positive, as the bill will reduce the federal corporate tax rate from 35 % (statutory rate at 39 %) to 21 %.

In the US, the federal corporate tax rate is 35 %.

From Nevada, the company then set up its Irish subsidiaries, saving the lion's share of the federal corporate tax rate.

Finance Minister Joe Oliver announced that the federal corporate tax rate for corporations earning less than $ 500,000 will be reduced to 9 per cent by 2019 from 11 per cent now (compared to 15 per cent for business income above $ 500,000).

He points to Trump's pledge to lower the federal corporate tax rate from 35 per cent to 15 per cent.

The new law will be changing the federal corporate tax rate for C - Corporations, which currently ranges from 15 - 35 percent to a flat 21 percent rate.