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Corporate Income Tax Rates Canada

Combined Federal and Provincial Tax Rates for Income Earned by a CCPC, Effective January 1, 2013: 

 

 

Small
Business
Income up to
$400,000

Active Business Income between $400,000 and $500,000

General Active Business Income

Investment Income

 

Ontario

15.5%

15.5%

26.5%

46.2%

British Columbia

13.5

13.5

25.0

44.7

Alberta

14.0

14.0

25.0

44.7

Saskatchewan

13.0

13.0

27.0

46.7

Québec

19.0

19.0

26.9

46.6

 

New Brunswick

15.5

15.5

25.0

44.7

Nova Scotia

14.5

27.0

31.0

50.7

P.E.I

12.0

12.0

31.0

50.7

Newfoundland

15.0

15.0

29.0

48.7

 

N.W.T

15.0

15.0

26.5

46.2

Nunavut

15.0

15.0

27.0

46.7

Yukon

15.0

15.0

30.0

49.7

 
Combined Federal and Provincial Tax Rates for Income Earned by a General Corporation, Effective January 1, 2013:

 

General M&P Income

General Business Income

Investment Income

Ontario

25.0%

26.5%

26.5%

British Columbia

25.0

25.0

25.0

Alberta

25.0

25.0

25.0

Saskatchewan

25.0

27.0

27.0

Québec

26.9

26.9

26.9

New Brunswick

25.0

25.0

25.0

Nova Scotia

31.0

31.0

31.0

P.E.I

31.0

31.0

31.0

Newfoundland

20.0

29.0

29.0

N.W.T

26.5

26.5

26.5

Nunavut

27.0

27.0

27.0

Yukon

17.5

30.0

30.0

 

 

The corporate tax rates above are provided by Madan Chartered Accountant in Toronto & Mississauga. Please also see the Corporate Tax Return Preparation Services that we offer in Toronto & Mississauga

 

 

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