All other things being equal, higher provincial tax rates on corporations favour the use of a corporation to earn business income.

Name: All other things being equal, higher provincial tax rates on corporations favour the use of a corporation to earn business income.
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Question

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Higher provincial tax rates on corporations make it less favorable to use a corporation to earn business income, as they reduce the after-tax profits of the corporation.

All Other Things Being Equal, Higher Provincial Tax Rates on Corporations