The substantial impact of the business education tax on Ontario's METR lends strong support to the case for parity between business and residential education tax rates
Tax Burden on New Investment Underestimated by Ontario: C.D. Howe Institute
TORONTO, - The Ontario government underestimates its tax burden on new business investment because it measures that burden without taking provincial business property taxes into account, according to a report released today by the C.D. Howe Institute. In "Hiding in Plain Sight: The Harmful Impact of Provincial Business Property Taxes," Adam Found and Peter Tomlinson recommend that Ontario start including these taxes when it estimates its marginal effective tax rates (METRs) on capital.
