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(5) British Columbia’s general corporate tax rate increased to 11% (from 10%) effective  

April 1, 2013.

(6) Saskatchewan introduced a tax rebate in 2012 that generally reduces the general 

corporation income tax rate on income earned from the rental of newly constructed 
qualifying multi-unit residential projects by 10%. The rebate is generally available for a 
period of 10 consecutive years for rental housing that is registered under a building permit 
dated on or after March 21, 2012 and before January 1, 2014, and available for rent before 
the end of 2016.

(7) New Brunswick’s general corporate tax rate increased to 12% (from 10%) effective  

July 1, 2013.

(8) The Yukon Territory provides a manufacturing and processing tax credit that effectively 

reduces the corporate tax rate on the corporation’s Canadian manufacturing and 

processing profits earned in the year in the Yukon to 2.5%.

Current as of September 30, 2013

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