Combined Federal and Provincial/Territorial Tax Rates for Income  

Earned by a CCPC Effective January 1, 2014 and 2015

1

Small 

Business 

Income up to 

$425,000

2

Small Business 

Income between 

$425,000 and 

$500,000

2

Active 

Business 

Income

3

Investment 

Income

4

Provincial rates

British Columbia

13.5%

13.5%

26.0%

45.7%

Alberta

14.0

14.0

25.0

44.7

Saskatchewan

8

13.0

13.0

27.0

46.7

Manitoba

9

11.0

23.0

27.0

46.7

Ontario

15.5

15.5

       26.5

       46.2

Quebec

19.0

19.0

26.9

46.6

New Brunswick

10

15.5/15.0

   15.5/15.0

27.0

46.7

Nova Scotia

11

14.0/27.0

27.0

31.0

50.7

Prince Edward Island

15.5

15.5

31.0

50.7

Newfoundland and 

Labrador

12

15.0/14.0

15.0/14.0

29.0

48.7

Territorial rates

Yukon

13

15.0/14.0

15.0/14.0

30.0

 49.7

Northwest Territories

15.0

15.0

26.5

46.2

Nunavut

15.0

15.0

27.0

46.7

 /  57

Current as of December 31, 2014

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