General Corporate Income Tax Rates – Combined Federal and Provincial

General Corporate Rate as of December 31, 2015
Based on Calendar Year-End

 

  2012 2013 2014 2015 2016
Alberta 25.00% 25.00% 25.00% 26.00%* 27.00%
British Columbia 25.00% 25.75% 26.00% 26.00% 26.00%
Saskatchewan 27.00% 27.00% 27.00% 27.00% 27.00%
Manitoba 27.00% 27.00% 27.00% 27.00% 27.00%
Ontario 26.50% 26.50% 26.50% 26.50% 26.50%
Quebec 26.90% 26.90% 26.90% 26.90% 26.90%
New Brunswick 25.00% 26.00% 27.00% 27.00% 27.00%
Nova Scotia 31.00% 31.00% 31.00% 31.00% 31.00%
Prince Edward Island 31.00% 31.00% 31.00% 31.00% 31.00%
Newfoundland And Labrador 29.00% 29.00% 29.00% 29.00% 29.00%
Northwest Territories 26.50% 26.50% 26.50% 26.50% 26.50%
Nunavut 27.00% 27.00% 27.00% 27.00% 27.00%
Yukon 30.00% 30.00% 30.00% 30.00% 30.00%

 

Highlights

*Alberta corporate tax rate increases from 10% to 12% effective July 1, 2015.

 

Disclaimer:
The above tax rates are for informational purposes only. Caution must be exercised with respect to the use of the information due to possible misinterpretation or misapplication of the tax rates.