Tax Info
Enter Dynamic PageGeneral CIT Rate
Federal corporate income tax: 15%. Provincial and territorial CITs range from 8% to 16%.
CIT Return Due Date
After six months from the end of the company's fiscal year.
CIT Payment Due Date
Typically, two months after the end of the company's tax year.
CIT Estimated Payment Due Date
Tax installment payments are usually due on the last day of each month.
Resident Withholding Tax (Dividend/Interest/Royalty)
N/A
None-Resident Withholding Tax (Dividend/Interest/Royalty)
25/25/25
General VAT Rate
5% - 15%
General Capital Gain Tax Rate
Half of the capital gains are considered as taxable capital gains, recorded as company income and taxed at the regular tax rate.
Composite Effective Average Tax Rate
23.74
Composite Effective Marginal Tax Rate
13.74
Administrative Regions
AB - Alberta
BC - British Columbia
MB - Manitoba
NB - New Brunswick
NL - Newfoundland and Labrador
NS - Nova Scotia
NT - Northwest Territories
NU - Nunavut
ON - Ontario
PE - Prince Edward Island
QC - Quebec
SK - Saskatchewan
YT - Yukon
