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A Canadian corporation has a branch office in England. It eams CON $1,000,000 and pays 40% UK taxes, The Canadian corporate tax rate is 25%.

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A Canadian corporation has a branch office in England. It eams CON $1,000,000 and pays 40% UK taxes, The Canadian corporate tax rate is 25%. Why would Canada not collect taxes on the UK branch income? Multiple Choice Canada fames only Canadian sourced income of Canachon corporation The UK branch would be responsible for paying Canada'r shore of the west collects under the terms of the tax treaty between the two countries The UK tax rate is rugher than the Canadian tax rate on the income Canada i to tax the income under the terms of the tox trenly between the two court

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