Investment income may be subject to refundable tax of 26.67% of investment income. Portfolio dividends may be subject to Part IV tax of 33.33%. Part IV tax is added to the refundable dividend tax account. Investment income includes net rental income, taxable capital gains.
For non-CCPCs, the tax rate is 26.5% on investment and active business income.
| Active business income up to $500K | Active business income exceeding $500K | Investment income |
| 15.50% | 26.50% | 46.17% |
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