Tag Archive for Canadian Corporate Tax Rates 2013

Canadian Controlled Private Corporations – Combined Federal & Ontario Corporate Tax Rates 2013

iStock_000000159774XSmallInvestment 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%

In accordance with Circular 230 Disclosure