Legal Niches

Vancouver Least Taxing of World?s Major Cities

By pete_gallagher

Given that taxes plays a major-role in the ability of states and countries to lure videogame developers, we thought it would be interesting to take a look at results from a recent KPMG study (PDF) into the tax competitiveness of 95 cities and countries around the world.

The guide rated the locales using a Total Tax Index (TTI), which was described as a measure of 'the total taxes paid by corporations in a particular location, expressed as a percentage of total taxes paid by corporations in the U.S.' This methodology uses the U.S. as a benchmark with a score of 100.0*.

The TTI rankings placed Mexico first among countries, with a 59.9 score, indicating that total tax costs in the country are 40.1 percent lower than in the U.S. Canada came in second place, followed by the Netherlands, Australia, the UK, the U.S., Germany, Italy, Japan and France.
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Full post as published by GamePolitics.com on May 12, 2010 (boomark / email).