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
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Current as of December 31, 2014
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