Corporate Taxation and U.S. Federal Tax Rates
Business Income Not Eligible for SBD – 2021
This document is up to date as of August 1, 2021 and reflects the status of legislation, including proposed amendments at this date.
| 2021 | % | % combined |
|---|---|---|
| Federal | 15.00 | |
| Provincial | ||
| Alberta | 8.009 | 23.00 |
| 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 | 14.0010 | 29.00 |
| 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 | 11.50 | 26.50 |
| 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 |
9 Since July 1, 2020 (10% before that date). 10 Since April 1, 2020 (16% before that date).
This document is up to date as of August 1, 2021 and reflects the status of legislation, including proposed amendments at this date.
Business Income Not Eligible for SBD – 2021
Corporate Taxation and U.S. Federal Tax Rates
