What is the major difference between domestic expansion by setting up a branch in a new province and seting up a subsider compary tra tea province?01:13:33SkippedMultiple ChoiceNothing. Both alternatives offer the same tax treatment of profts and losses.A subsidiary does not have to pay tax in the province in which & operates. The parent company wel pey el treasA branch can be taxed in the province on its orm profits and lossesLosses in a branch can be used by the company whereas losses in a subsidery cannel be use