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A. Combined Federal and Provincial Income Tax Rates for General Corporations (2015)

General M&P
Income
General Active
Business Income
Investment
Income
British Columbia 26.0% 26.0% 26.0%
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 26.9/26.8 26.9/26.8 26.9/26.8
New Brunswick 27.0/29.0 27.0/29.0 27.0/29.0
Nova Scotia 31.0 31.0 31.0
Prince Edward Island 31.0 31.0 31.0
Newfoundland & Labrador 20.0 29.0 29.0

 

B. Combined Federal and Provincial Income Tax Rates for CCPCs (2015)

Small Business
Income up to
$500,000
Active Business
Income between
$400,000 and
$500,000
Investment
Income
British Columbia 13.0% 26.0% 49.7%
Alberta 13.5 27.0 50.7
Saskatchewan 12.5 27.0 50.7
Manitoba 10.5/22.5 27.0 50.7
Ontario 15.0 26.5 50.2
Québec 18.5 26.9/26.8 50.6/50.5
New Brunswick 14.5/14.0 27.0/29.0 50.7/52.7
Nova Scotia 13.5/26.5 31.0 54.7
Prince Edward Island 15.0 31.0 54.7
Newfoundland & Labrador 13.5 29.0 52.7

C. Combined Top Marginal Federal and Provincial Income Tax Rates for Individuals (2015)

Interest and
Regular Income
Capital
Gains
Eligible
Dividends
Non-eligible
Dividends
British Columbia 47.70% 23.85% 31.30% 40.61%
Alberta 47.00/48.00 23.50/24.00 30.33/31.71 39.07/40.24
Saskatchewan 48.00 24.00 30.33 40.06
Manitoba 50.40 25.20 37.78 45.69
Ontario 51.97/53.53 25.98/26.76 37.19/39.34 43.48/45.30
Québec 53.31 26.65 39.83 43.84
New Brunswick 49.30/53.30 24.65/26.65 30.75/36.27 40.69/45.37
Nova Scotia 54.00 27.00 41.58 46.97
Prince Edward Island 51.37 25.69 34.22 43.87
Newfoundland 48.30 24.15 38.47 39.40