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Gold/Mining/Energy : Gold Price Monitor
GDXJ 105.33+5.2%Nov 26 4:00 PM EST
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To: Ahda who wrote (53580)6/2/2000 2:44:00 PM
From: Don Lloyd  Read Replies (1) of 116778
 
Darleen -

[...Our corporate tax rate is about 23 percent so msft would clearly have to be bonkers to relocate unless there was a provision for changing the entire Canadian taxation code...]

The US corporate rate is about 40%, although the effective rate is often far less, especially after tax credits for employee option exercise.

I believe that it's the personal rates that would be the problem, judging from all the top tier athletes that refuse to play for Canadian professional teams.

Regards, Don
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