2022 Corporate Income Tax Rates
September 30, 2022
| |
Canadian-Controlled Private Corporations (CCPCs) |
Other Corporations |
| Active Business Income (ABI) |
Investment Income |
Manufacturing & Processing |
Other |
| Rate |
Income Limit |
| Federal |
9.00%/4.50% |
$500,000 |
38.67% |
15.00%/7.50% |
15.00% |
Provincial
British Columbia |
2.00 |
500,000 |
12.00 |
12.00 |
12.00 |
| Alberta |
2.00 |
500,000 |
8.00 |
8.00 |
8.00 |
| Saskatchewan |
0.00 |
600,000 |
12.00 |
10.00 |
12.00 |
| Manitoba |
0.00 |
500,000 |
12.00 |
12.00 |
12.00 |
| Ontario |
3.20 |
500,000 |
11.50 |
10.00 |
11.50 |
| Québec |
3.20 |
500,000 |
11.50 |
11.50 |
11.50 |
| New Brunswick |
2.50 |
500,000 |
14.00 |
14.00 |
14.00 |
| Nova Scotia |
2.50 |
500,000 |
14.00 |
14.00 |
14.00 |
| Prince Edward Island |
1.00 |
500,000 |
16.00 |
16.00 |
16.00 |
| Newfoundland & Labrador |
3.00 |
500,000 |
15.00 |
15.00 |
15.00 |
| Yukon |
0.00 |
500,000 |
12.00 |
2.50 |
12.00 |
| Northwest Territories |
2.00 |
500,000 |
11.50 |
11.50 |
11.50 |
| Nunavut |
3.00 |
500,000 |
12.00 |
12.00 |
12.00 |
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