Q: I notice that the recent US corporate tax reduction is enhancing the earnings of Canadian companies that operate divisions in the US. It appears these tax changes may not have been factored into earning estimates.
One cfo told me that the effective corporate tax rate should decrease 3% going forward.
Equally as important, having an operating company in the US gives a company more flexibility to structure operations/source product more efficiently, leaving more profit in the US without the incremental tax cost.
One cfo told me that the effective corporate tax rate should decrease 3% going forward.
Equally as important, having an operating company in the US gives a company more flexibility to structure operations/source product more efficiently, leaving more profit in the US without the incremental tax cost.
