A. Combined Federal and Provincial Income Tax Rates for General Corporations (2019)
|
General M&P
Income |
General Active
Business Income |
Investment
Income |
| British Columbia |
27.0% |
27.0% |
27.0% |
| Alberta |
27.0 |
27.0 |
27.0 |
| Saskatchewan |
25.0 |
27.0 |
27.0 |
| Manitoba |
27.0 |
27.0 |
27.0 |
| Ontario |
25.0 |
26.5 |
26.5 |
| Québec |
26.6/26.5 |
26.6/26.5 |
26.6/26.5 |
| New Brunswick |
29.0 |
29.0 |
29.0 |
| Nova Scotia |
31.0 |
31.0 |
31.0 |
| Prince Edward Island |
31.0 |
31.0 |
31.0 |
| Newfoundland & Labrador |
30.0 |
30.0 |
30.0 |
B. Combined Federal and Provincial Income Tax Rates for CCPCs (2019)
|
Small Business
Income up to
$500,000 |
Active Business
Income between
$400,000 and
$500,000 |
Investment
Income |
| British Columbia |
11.0% |
27.0% |
50.7% |
| Alberta |
11.0 |
17.0/27.0 |
50.7 |
| Saskatchewan |
11.0 |
27.0 |
50.7 |
| Manitoba |
9.0 |
27.0 |
50.7 |
| Ontario |
12.5 |
26.5 |
50.2 |
| Québec |
15.0/14.0 |
26.8/26.6 |
50.3/50.2 |
| New Brunswick |
11.5 |
29.0 |
52.7 |
| Nova Scotia |
12.0 |
31.0 |
54.7 |
| Prince Edward Island |
12.5 |
31.0 |
54.7 |
| Newfoundland & Labrador |
12.0 |
30.0 |
53.7 |
C. Combined Top Marginal Federal and Provincial Income Tax Rates for Individuals (2019)
|
Interest and
Regular Income |
Capital
Gains |
Eligible
Dividends |
Non-eligible
Dividends |
| British Columbia |
49.80% |
24.90% |
31.44% |
44.64% |
| Alberta |
48.00 |
24.00 |
31.71 |
42.47 |
| Saskatchewan |
47.5 |
23.75 |
29.64 |
40.37 |
| Manitoba |
50.40 |
25.20 |
37.79 |
46.67 |
| Ontario |
53.53 |
26.76 |
39.34 |
47.40 |
| Québec |
53.31 |
26.65 |
40.0 |
46.25 |
| New Brunswick |
53.30 |
26.65 |
33.51 |
47.75 |
| Nova Scotia |
54.00 |
27.00 |
41.58 |
48.27 |
| Prince Edward Island |
51.37 |
25.69 |
34.23 |
45.23 |
| Newfoundland |
57.30 |
25.65 |
42.62 |
44.59 |