Competitive Alternatives 2012 - Focus on Tax

CompetitiveAlternativesSpecial Report: Focus on Tax2012 Editionkpmg.ca/focusontax

Comparing general tax competitiveness of 113 cities (16 Canadian) in 14 countries© 2012 KPMG LLP, a Canadian limited liability partnership and a member firm of the KPMG network of independent member firms 1affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

Including Brazil, Russia, India and China and across 55 major international cities© 2012 KPMG LLP, a Canadian limited liability partnership and a member firm of the KPMG network of independent member firms 2affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

Canada rates second, behind India, in the overall Total Tax Index (TTI) rankings© 2012 KPMG LLP, a Canadian limited liability partnership and a member firm of the KPMG network of independent member firms 3affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

Canada has a TTI of 59.1 – a 40.9 percent tax cost advantage over the US© 2012 KPMG LLP, a Canadian limited liability partnership and a member firm of the KPMG network of independent member firms 4affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

Canada has the lowest effective corporate income tax rate of 7.3 percent**Percentage calculated after allowing for tax credits in key technology sectors © 2012 KPMG LLP, a Canadian limited liability partnership and a member firm of the KPMG network of independent member firms 5 affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

Among the 55 major international cities studied, Vancouver ranks second© 2012 KPMG LLP, a Canadian limited liability partnership and a member firm of the KPMG network of independent member firms 6affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

Toronto placed fifth© 2012 KPMG LLP, a Canadian limited liability partnership and a member firm of the KPMG network of independent member firms 7affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

And Montreal sixth© 2012 KPMG LLP, a Canadian limited liability partnership and a member firm of the KPMG network of independent member firms 8affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

Canada ranks first for digital operations, with Toronto, Montreal and Vancouver in the top three spots© 2012 KPMG LLP, a Canadian limited liability partnership and a member firm of the KPMG network of independent member firms 9affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

Canada holds one of the lowest TTI ratings in R&D costs, with Montreal ranking first© 2012 KPMG LLP, a Canadian limited liability partnership and a member firm of the KPMG network of independent member firms 10affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

Chennai, India tops the corporate services sector. Vancouver is fourth© 2012 KPMG LLP, a Canadian limited liability partnership and a member firm of the KPMG network of independent member firms 11affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

Vancouver ranks ahead of Mumbai, Shanghai, Monterrey and Mexico City for manufacturing tax costs© 2012 KPMG LLP, a Canadian limited liability partnership and a member firm of the KPMG network of independent member firms 12affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

kpmg.ca/focusontax The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. © 2012 KPMG LLP, a Canadian limited liability partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. The KPMG name, logo and “cutting through complexity” are registered trademarks or trademarks of KPMG International. 13

Competitive Alternatives 2012 - Focus on Tax

by KPMG Canada on Sep 25, 2012

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