General Corporate Income Tax Rates – Combined Federal and Provincial

General Corporate Rate as of March 26, 2019
Based on Calendar Year-End

  2015 2016 2017 2018 2019
Alberta 27.00% 26.00% 27.00% 27.00%
British Columbia 26.00% 26.00% 27.00% 27.00%
Saskatchewan 27.00% 26.75% 27.00% 27.00%
Manitoba 27.00% 27.00% 27.00% 27.00%
Ontario 26.50% 26.50% 26.50% 26.50%
Quebec 26.90% 26.80% 26.70% 26.60%
New Brunswick 28.50% 29.00% 29.00% 29.00%
Nova Scotia 31.00% 31.00% 31.00% 31.00%
Prince Edward Island 31.00% 31.00% 31.00% 31.00%
Newfoundland And Labrador 30.00% 30.00% 30.00% 30.00%
Northwest Territories 26.50% 26.50% 26.50% 26.50%
Nunavut 27.00% 27.00% 27.00% 27.00%
Yukon 30.00% 28.50% 27.00% 27.00%

 

Highlights

(1) Quebec Bill 112 reduces the general tax rate by 0.1% on Jan 1 of each year from 2017 to 2020.

The general rates would be 11.8%, 11.7%, 11.6%, and 11.5% from 2017 to 2020, respectively.

 

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.