Since John Gill, a former gymnast and the father of modern bouldering, first introduced gymnastic chalk to climbing back in the 1950s, climbers have used rectangular 2-ounce blocks of chalk to keep their hands dry. Logan Berndt's hands are covered with chalk to help him grip small handholds on a boulder problem at Big Bend near moan. Block chalk is a compressed, solid chunk of Magnesium Carbonate. Pick from our classic cylinder shape or our ergo-cut Yosemite model. At FrictionLabs, we help climbers find that feeling. Most climbing chalk you’ll find is made from Magnesium Carbonate. For more recent exchange rates, please use the Universal Currency Converter This page was last updated: Jul-24 11:43. Betsy may send you communications; you may change your preferences in your account settings.
Compared to all 190 economies, Canada ranked 17th and 2nd out of the G7 countries, just behind the UK. The Paying Taxes 2017 report measures the overall ease of paying taxes for small to medium-sized domestic companies based on the number of tax payments per year, the time required to compile returns and submit tax payments as well as these companies' total tax liability as a percentage of pre-tax profits. This year, the report introduced a new measure, the post-filing index, which measures the time to obtain a VAT refund, correct a corporate income tax return and deal with the corresponding audits. This represents the most complex interactions with a tax authority, therefore providing a more fulsome picture of the tax process. On average, small to medium-sized Canadian companies make eight tax payments (vs. an average of 25 payments globally) per year and take 131 hours (vs. an average of 251 hours globally) to comply with the tax requirements. "The Canadian tax system is one of the more efficient ones in the world when it comes to supporting small and medium-sized companies and this report solidifies our position as a global leader," says Peter van Dijk, National Tax Policy Leader. "Despite our position, there are still significant opportunities to collaboratively work with the government to improve tax compliance and audit efficiencies. An often time-consuming and complex tax compliance and audit process should be further streamlined to allow companies to spend more time focusing on growing their businesses and creating meaningful jobs. The global business world is rapidly getting more competitive and the efficiency of the Canadian tax system is a critical component of our Canadian investment climate. In that respect, we should not only compare ourselves with the G7, but with the most competitive economies of the world. Many of those economies are not members of the G7." Overall Paying Taxes Ranking 2017 Country To access the full Paying Taxes Report, click here . Follow PwC on Twitter at @PwC_Canada_LLP and on Facebook at www.facebook.com/pwccanada .
For the original version including any supplementary images or video, visit http://finance.yahoo.com/news/canada-ranks-2nd-among-g7-161800290.html