According to a 2010 update to the KPMG Competitive Alternatives (2008) Special Report: Focus on Tax and after adjusting for IFA program tax benefits, the corporate tax rate available in Vancouver is lower than any other location in North America.
With British Columbia's unique IFA tax incentive program, Vancouver is quickly emerging as a premiere global financial centre in the Asia Pacific region. The City of London's Global Financial Centres Index (2010) ranked Vancouver 23rd as a global financial centre, up six places from the previous report.
Reduced effective tax rates are also available to certain employees
of the corporation who specialize in qualifying international activities and become residents of British Columbia.
For a list of IFA program requirements and qualifying international activities see Learn More.
Vancouver has already established itself as one of the most highly regarded cities in the world in which to live. The Economist Intelligence Unit (2009) and the Worldwide Center of Commerce Index (2008) both ranked Vancouver 1st as the most livable city in the world!
