Impact of The Us Tax Reforms on Canadian Tech Companies

May 23, 2018

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Canadian companies might be wondering if and how the US Tax Reform, specifically the Tax Cut and Jobs Act (TCJA), will affect them. The TCJA significantly impacts Canadian technology companies with US operations, or with significant US revenue. This guide summarizes the major US Tax Reform measures that affect Canadian technology companies.

6 Important US Tax Reform Measures

In our guide, we provide an overview of the major US Tax Reform measures and their impact on Canadian tech companies. We also outline how your business can adapt to the reform measures  and the tax implications that your company needs to consider. The six measures that we highlight are:
  1. Tax Rate Changes
  2. Financing US Operations
  3. 100% Expensing/Net Operating Loss (NOL) Deduction
  4. Global Intangible Low-Taxed Income (GILTI)/Foreign Derived Intangible Income (FDII)
  5. Base Erosion Anti-Abuse Tax (BEAT)
  6. State Tax position on Tax Reform

To learn more, download your free guide by completing the form.