General Corporate Income Tax Rates – Combined Federal and Provincial
General Corporate Rate as of March 26, 2019
Based on Calendar Year-End
| 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| Alberta | 27.00% | 26.00% | 27.00% | 27.00% | |
| British Columbia | 26.00% | 26.00% | 27.00% | 27.00% | |
| Saskatchewan | 27.00% | 26.75% | 27.00% | 27.00% | |
| Manitoba | 27.00% | 27.00% | 27.00% | 27.00% | |
| Ontario | 26.50% | 26.50% | 26.50% | 26.50% | |
| Quebec | 26.90% | 26.80% | 26.70% | 26.60% | |
| New Brunswick | 28.50% | 29.00% | 29.00% | 29.00% | |
| Nova Scotia | 31.00% | 31.00% | 31.00% | 31.00% | |
| Prince Edward Island | 31.00% | 31.00% | 31.00% | 31.00% | |
| Newfoundland And Labrador | 30.00% | 30.00% | 30.00% | 30.00% | |
| Northwest Territories | 26.50% | 26.50% | 26.50% | 26.50% | |
| Nunavut | 27.00% | 27.00% | 27.00% | 27.00% | |
| Yukon | 30.00% | 28.50% | 27.00% | 27.00% |
Highlights
(1) Quebec Bill 112 reduces the general tax rate by 0.1% on Jan 1 of each year from 2017 to 2020.
The general rates would be 11.8%, 11.7%, 11.6%, and 11.5% from 2017 to 2020, respectively.
Disclaimer:
The above tax rates are for informational purposes only. Caution must be exercised with respect to the use of the information due to possible misinterpretation or misapplication of the tax rates.