The note describes the way it is achieved by the Canadian income tax and what integration for tax function is, what its goal is. The note then assesses the assumptions underlying it and starts with the concept of perfect integration.
This is followed by a consideration of the actual extent of integration to determine when incorporation is advantageous and when it results in a real tax price.
PUBLICATION DATE: February 03, 2012 PRODUCT #: W90654-HCB-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING