Corporate Taxation and U.S. Federal Tax Rates
Business Income Not Eligible for SBD – 2019
This document is up to date as of August 1, 2019 and reflects the status of legislation, including proposed amendments at this date.
| 2019 | % | % combined |
|---|---|---|
| Federal | 15.00 | |
| Provincial | ||
| Alberta | 11.508 | 26.50 |
| British Columbia | 12.00 | 27.00 |
| Manitoba | 12.00 | 27.00 |
| New Brunswick | 14.00 | 29.00 |
| Newfoundland and Labrador | 15.00 | 30.00 |
| Northwest Territories | 11.50 | 26.50 |
| Nova Scotia | 16.00 | 31.00 |
| Nunavut | 12.00 | 27.00 |
| Ontario | ||
| without MPP / with MPP | 11.50 / 10.00 | 26.50 / 25.00 |
| Prince Edward Island | 16.00 | 31.00 |
| Quebec | 11.609 | 26.60 |
| Saskachewan | ||
| without MPP / with MPP | 12.00 / 10.00 | 27.00 / 25.00 |
| Yukon | ||
| without MPP / with MPP | 12.00 / 2.50 | 27.00 / 17.50 |
8 11% since July 1, 2019 (12% before that date; average rateof 11.5% for 2019). Rate reduced to 10%, to 9% then to 8% starting January 1, 2020, 2021 and 2022 respectively. 9 Since January 1, 2019 (11.7% before that date). Rate reduced to 11.5% in 2020.
This document is up to date as of August 1, 2019 and reflects the status of legislation, including proposed amendments at this date.
Business Income Not Eligible for SBD – 2019
Corporate Taxation and U.S. Federal Tax Rates
