Corporate Tax Rates For Canadian Controlled Private Corporations

Year

Small Business

Rate

Active Income

Rate

Investment **

2012

Up to $500,000

13.50%

Over $500,000

25.00%

44.67%

2013

Up to $500,000

13.50%

Over $500,000

25.00%

44.67%

2014

Up to $500,000

13.50%

Over $500,000

26.00%

45.67%

2015

Up to $500,000

13.50%

Over $500,000

26.00%

45.67%

2016

Up to $500,000

13.00%

Over $500,000

26.00%

49.67%

2017

Up to $500,000

13% to 12.50%***

Over $500,000

26.00%

49.67%

2018

Up to $500,000

12%

Over $500,000

27.00%

50.67%

** Investment tax rate includes refundable taxes of 30.67% which are refundable at 38 1/3% of taxable dividends paid for dividends received after December 31, 2015
*** The provincial rate for small business income was reduced from 2.5% to 2% effective April 1, 2017


The information presented is only of a general nature, may omit many details and special rules, is current only as of its published date, and accordingly cannot be regarded as legal or tax advice. Please contact our office for more information on this subject and how it pertains to your specific tax or financial situation

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