Originally Posted by
t43562
It would be interesting to know if the money spent in Canada would mostly stay there or if some of the companies are owned e.g. in the US and send their profit back. Presumably salaries and tax are the only benefits that one can bank on?
According to this article, US companies are taxed heavily on profits earned in other countries as soon as those profits are repatriated. Hence the enormous holdings stashed abroad by companies such as Microsoft...
Microsoft?s tax saver in LinkedIn deal | | The Times & The Sunday Times