As the Profit First book was written in the USA and based on US Tax Law, does the 15% tax rate target on the instant assessment work for Canadian Businesses?

15% is a recommended starting point but the exact percentages need to be assessed for each business based on their individual circumstances. For example are you Sales Tax (GST, HST, PST) registered and do you have a separate account for Sales Tax? We can help you work out the percentages for your business.