Tax & Accounting June 22, 2018

How much tax are Canada's largest corporations paying?

This week PWC Canada published its annual report on how much tax Canada's largest corporations pay. PwC Canada surveyed 87 members of the Business Council of Canada. The resulting fifth annual Total Tax Contribution report found that these businesses collectively contributed $68.3 billion to federal, provincial and municipal governments. Together, they make major capital investments and drive innovation through spending on R&D, as well as providing employment to over one million people. Thank you to PWC and the Business Council of Canada for allowing us to share this.
Cameron Mancell
CFP®, Senior Technical Writer at Wolters Kluwer Canada
Cameron Mancell, CFP®, is a Senior Technical Writer at the Wolters Kluwer office in Toronto. Cameron contributes to Canadian Tax Reporter, Preparing Your Income Tax Returns, and Preparing Your Corporate Income Tax Returns, among several others.