TERMIUM Plus®
The Government of Canada’s terminology and linguistic data bank.
TAX SHIELD [2 records]
Record 1 - internal organization data 2012-01-05
Record 1, English
Record 1, Subject field(s)
- Taxation
- Investment
Record 1, Main entry term, English
- tax shield
1, record 1, English, tax%20shield
correct
Record 1, Abbreviations, English
Record 1, Synonyms, English
Record 1, Textual support, English
Record number: 1, Textual support number: 1 CONT
Both the double dip and the tower structure make investment outside Canada less costly than investment in Canada. Other things being equal, the mismatch between the interest deduction in Canada and the non-taxability of foreign-source earnings acts as an incentive to Canadian business to locate new operations-and the jobs they provide-in other countries, rather than in Canada. Put differently, the "tax shield" provided by the extra deduction reduces the cost to a Canadian corporation of acquiring and operating foreign subsidiaries. Through that deduction Canada is in effect subsidizing the expansion of multinational corporations, both foreign-owned and Canadian-owned, from bases in Canada. 2, record 1, English, - tax%20shield
Record 1, French
Record 1, Domaine(s)
- Fiscalité
- Investissements et placements
Record 1, Main entry term, French
- bouclier fiscal
1, record 1, French, bouclier%20fiscal
correct, masculine noun
Record 1, Abbreviations, French
Record 1, Synonyms, French
Record 1, Textual support, French
Record number: 1, Textual support number: 1 CONT
Grâce aux mécanismes favorisant le cumul de déductions et aux structures étagées, il est moins coûteux d'investir à l'étranger que d'investir au Canada. Toutes choses étant égales par ailleurs, le fait que les intérêts sont déductibles au Canada tandis que les gains de source étrangère ne sont pas assujettis à l'impôt encourage les entreprises canadiennes à localiser leurs nouvelles activités - et les emplois qui en découlent - dans des pays étrangers plutôt qu'au Canada.En d'autres termes, le «bouclier fiscal» qu'offre la déduction supplémentaire réduit le coût, pour une société canadienne, qui est lié à l'acquisition et à l'exploitation de filiales étrangères. Au moyen de cette déduction, le Canada se trouve en fait à subventionner l'expansion de sociétés multinationales - qu'elles soient sous contrôle étranger ou canadien - à partir d'assises au Canada. 2, record 1, French, - bouclier%20fiscal
Record 1, Spanish
Record 1, Textual support, Spanish
Record 2 - internal organization data 2011-05-02
Record 2, English
Record 2, Subject field(s)
- Taxation
- Financial and Budgetary Management
Record 2, Main entry term, English
- tax shield
1, record 2, English, tax%20shield
correct
Record 2, Abbreviations, English
Record 2, Synonyms, English
Record 2, Textual support, English
Record number: 2, Textual support number: 1 DEF
Circumstances in which income that would otherwise be taxable is offset by deductions that do not affect the flow of working capital. 2, record 2, English, - tax%20shield
Record 2, French
Record 2, Domaine(s)
- Fiscalité
- Gestion budgétaire et financière
Record 2, Main entry term, French
- réduction d'impôts
1, record 2, French, r%C3%A9duction%20d%27imp%C3%B4ts
correct, feminine noun
Record 2, Abbreviations, French
Record 2, Synonyms, French
- économie d'impôts 1, record 2, French, %C3%A9conomie%20d%27imp%C3%B4ts
correct, feminine noun
Record 2, Textual support, French
Record number: 2, Textual support number: 1 DEF
Réduction du coût net d'un projet résultant du fait qu'un élément de ce coût est déductible fiscalement. 1, record 2, French, - r%C3%A9duction%20d%27imp%C3%B4ts
Record 2, Spanish
Record 2, Campo(s) temático(s)
- Sistema tributario
- Gestión presupuestaria y financiera
Record 2, Main entry term, Spanish
- escudo fiscal
1, record 2, Spanish, escudo%20fiscal
correct, masculine noun
Record 2, Abbreviations, Spanish
Record 2, Synonyms, Spanish
Record 2, Textual support, Spanish
Record number: 2, Textual support number: 1 DEF
Propiedad asociada a aquellos gastos deducibles que disminuyen la cantidad de impuestos a pagar. 1, record 2, Spanish, - escudo%20fiscal
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