[3pt14159]

It is better in Canada, but we have loop holes like the rest of them. Certain countries have tax treaties with Canada that effectively allow a massive decrease in dividend taxes provided that you have "management fees" in those countries. Although you wouldn't qualify for other benefits of being a Canadian company, such as the one time 750k tax free capital gains allowance, or SR&ED or research grants.

[cperciva]

Oh, I'm not saying that the Canadian tax system is perfect. Far from it. Just that this specific property -- integration of corporate and personal income taxes -- is a very good thing.

[3pt14159]

Definitely, in this we are in agreement.