BigIsland

There only seemed to be one ass out there. That amount includes all taxes paid world wide for all facets of the business. On the sheet that was posted by bush_cheney2004 it clearly states that they paid a total of $330,142,000.00 Income tax. That still makes it 8.3%. I have been googling this but have not seen the sheet that bush_cheney2004 gave a link to. Thanks for the help.

You must have been abused as a child as you find it hard to carry on a normal conversation. I am trying to understand how this system works. If you don't want to help then don't be an ass! $330,142,000.00 Total taxes paid $3,994,000,000.00 Net Income Works out to 8.3% tax Not sure where you get 40% and I sure don't see what they are doing for the economy.

So is it $330,142,000.00 or $330,142.00?

Check my math for me but if I am correct $330,142.00 is 1/9000 of a percent of $3,994,000,000.00 So according to Scotia Banks own annual report they paid 0.009% on their Net income. Wow that is a lot! I am amazed they are still profitable! It looks to me like they are paying their fair share. And to think I make up the rest at 45%! I will be waiting for you to come and kill me now, I know too much!

You think?

I am looking to find what the BIG Banks in Canada paid in tax in 2007. Thanks in advance