This document is up to date as of September 3, 2020 and reflects the status of legislation, including proposed amendments at this date.

1 Investment income includes interest, taxable capital gains and other property income, but not deductible dividends.
2 Investment income of CCPCs gives rise to refundable dividend tax on hand (RDTOH) of 30.67%. This income tax is refundable at the rate of 38.33% when taxable dividends are paid. For taxation years started after 2018, the RDTOH is allocated between two separate accounts (eligible and non-eligible) refundable based on the nature of the dividend paid by the corporation.
3 15% rate for non-CCPCs.
4 Rate reduced to 8% since July 1, 2020 (10% before that date; average rate of 9% in 2020).
5 Rate reduced to 14% since April 1, 2020 (16% before that date; average rate of 14.50% in 2020).
6 Since January 1, 2020 (11.6% before that date).