Taxation of Corporations

Taxation of Corporations

At The Restoration Party of Canada, we are committed to fostering a business-friendly environment that encourages economic growth, innovation, and job creation. Our approach to corporate taxation is designed to strike a balance between supporting businesses and ensuring they contribute their fair share to the well-being of our nation.

Our Corporate Taxation Philosophy

Our corporate taxation philosophy is rooted in the principles of economic freedom, competitiveness, and responsible fiscal policy. We believe that a well-balanced tax system can drive investment, job creation, and prosperity for all Canadians.

Taxation of Corporate Income

We propose a competitive corporate income tax rate of 15% for all legally recognized corporations. This rate applies to all businesses that meet the following criteria:

The company is a separate legal entity from the owner(s), with independent tax filings.
Ownership of the company is through shares held by absentee owners.
Limited liability is extended to the shareholders.
Transferable shares are available within the company.
Supporting Canadian Businesses

Our corporate tax policy is designed to support Canadian businesses, both large and small, by providing them with a competitive tax environment. Lower corporate taxes can stimulate investment, boost job creation, and foster innovation, ultimately benefiting all Canadians.

A Level Playing Field

We are committed to ensuring that all businesses have an equal opportunity to thrive within our economy. Our taxation policy does not discriminate based on the size or sector of the corporation. We believe that a level playing field encourages competition and innovation, leading to better products, services, and job opportunities for Canadians.

Strengthening Our Economy

By maintaining a competitive corporate tax rate, we can attract investment, encourage entrepreneurship, and ensure the long-term economic stability of our nation. We believe that a thriving business sector is vital to the prosperity and well-being of all Canadians.

Join Us in Supporting Canadian Businesses

At The Restoration Party of Canada, we are dedicated to fostering a business-friendly environment that benefits both corporations and individuals. Join us in our mission to create a stronger and more prosperous Canada, where businesses can flourish, create jobs, and contribute to the growth of our nation.

Together, we can build a brighter future for Canada, where economic freedom and responsible fiscal policies go hand in hand.