A report by KPMG ranked Toronto as the world’s most tax-competitive major city. The report, Competitive Alternatives 2014: Focus on Tax, ranked Toronto first overall among 51 major international cities studied.The study assessed tax competitiveness by comparing various tax rates in each location including: corporate income tax, property taxes, capital taxes, sales taxes, miscellaneous local business taxes and statutory labour costs.

Ranking City
1 Toronto, Canada
2 Vancouver, Canada
3 Montreal, Canada
4 Manchester, UK
5 Monterrey, Mexico
6 Mexico City, Mexico
7 Cincinnati, United States
8 Eindhoven, Netherlands
9 Twente Region, Netherlands
10 London, UK