# High Income Taxes Hurt Canada's Tax Competitiveness

> Canada's tax system ranks 15th globally as high personal income taxes drag down competitiveness.
- Title: High Income Taxes Hurt Canada's Tax Competitiveness | Shortify
- Summary: Canada's tax system ranks 15th globally as high personal income taxes drag down competitiveness. Canada's tax competitiveness dropped due to high personal…
- Keywords: canada, tax competitiveness, personal income taxes, tax foundation, united states, oecd, news, politics, High, Income, Taxes, Hurt
- Source: Nationalpost — https://nationalpost.com/news/canada/high-personal-income-taxes-drag-down-canadas-tax-competitiveness-study-finds
- Read time: 1 min
- Topics: canada, tax competitiveness, personal income taxes, tax foundation, united states, oecd, news, politics
## Tax competitiveness study
A new study ranks Canada 15th among 38 industrialized countries for tax competitiveness.
## High personal income taxes
Canada ranks 28th for personal income taxes and 34th for capital gains and dividends among OECD countries.
## Cross-border tax issues
Canada received a poor grade of 28th in cross-border tax regime after trade war with United States.
## Key takeaway

Canada's tax competitiveness dropped due to high personal income taxes, ranking 15th among industrialized nations.