Table of Contents

Chapter 2 — Corporations

Federal and Provincial/Territorial Tax Rates for Income Earned by a CCPC

Effective January 1, 2014 and 2015 ...........................................................................................56
Combined Federal and Provincial/Territorial Tax Rates for Income Earned

by a CCPC Effective January 1, 2014 and 2015 .........................................................................57
Substantively Enacted Income Tax Rates for Income Earned by a CCPC

for 2013 and Beyond—As at April 30, 2014 ...............................................................................60
Small Business Income Thresholds for 2014 and 2015 ..............................................................64
Federal and Provincial/Territorial Tax Rates for Income Earned by a General Corporation

Effective January 1, 2014 and 2015 ...........................................................................................66
Combined Federal and Provincial/Territorial Tax Rates for Income Earned

by a General Corporation Effective January 1, 2014 and 2015 ...................................................67
Substantively Enacted Income Tax Rates for Income Earned by a General Corporation

for 2013 and Beyond—As at April 30, 2014 ...............................................................................70
Integration—Cost and Benefit of Incorporation for Investment Income ....................................74
Integration—Cost and Benefit of Incorporation  ........................................................................76
Capital Tax Rates—Financial Institutions ....................................................................................80
Quebec Compensation Tax for Financial Institutions .................................................................82
Federal Research and Development Tax Incentives ...................................................................83
Provincial Research and Development Tax Incentives................................................................86
Net After-Tax Cost of Performing Research and Development ..................................................92
Ontario Corporate Minimum Tax—At a Glance ..........................................................................96
Federal Income Tax Instalments ................................................................................................98
Provincial Income Tax Instalments ...........................................................................................100
Filing and Payment Deadlines ..................................................................................................101
Payroll Source Deductions .......................................................................................................103

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