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Quebec Personal Tax Rates

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Quebec
Tax Rates - Current Marginal Tax Rates -> Quebec Personal Income Tax Rates

Quebec 2015 and 2016 Personal Marginal Income Tax Rates

The Federal tax rates for 2016 are as per Bill C-2 tabled in December 2015.  The Quebec tax brackets and personal amount were increased for 2016 by an indexation factor of 1.0109.  Quebec's indexation factor is calculated using the Quebec consumer price index (CPI) without alcoholic beverages and tobacco products.  The Federal tax brackets and personal amount were increased for 2016 by an indexation factor of 1.013.  The indexation factors, tax rates and increases to tax brackets have been confirmed to Revenue Quebec and Canada Revenue Agency information.

The tax rates below include the reduction in rate due to the federal tax abatement of 16.5% of federal tax.  However, this abatement is applied to the net federal tax after deducting the basic personal amount.  For this reason, the federal personal amount tax credit is also reduced by 16.5%, which is not reflected below.

The 2016 marginal tax rate for non-eligible dividends reflects the rate that is in effect automatically due to the reduction in the gross-up rate for 2016, from 18% to 17%.  The Quebec Finance Ministry announced in Bulletin 2015-4 that the rate of the tax credit applicable to non-eligible dividends would remain unchanged (i.e., at 7.05% of the taxable dividend) in regard to the change in the gross-up.  Bulletin 2013-7 from July 11, 2013 indicated that the rate of the tax credit applicable to non-eligible dividends will be reduced from 8% to 7.05% of the taxable dividend, in response to the 2014 reduction in the gross-up from 25% to 18%.

Please read the article Understanding the Tables of Personal Income Tax Rates.

Quebec Personal Income Tax Brackets and Tax Rates

2016 Taxable Income 2016 Tax Rates 2015 Taxable Income 2015 Tax Rates
first $42,390 16.00% first $41,935 16.00%
over $42,390 up to $84,780 20.00% over $41,935 up to $83,865 20.00%
over $84,780 up to $103,150 24.00% over $83,865 up to $102,040 24.00%
over $103,150 25.75% over $102,040 25.75%

Combined Federal & Quebec Tax Brackets and Tax Rates

2016 Taxable Income 2016 Marginal Tax Rates 2015 Taxable Income 2015 Marginal Tax Rates
Other
Income
Capital
Gains
Canadian Dividends Other
Income
Capital
Gains
Canadian Dividends
Eligible Non-Eligible Eligible Non-Eligible
first $42,390 28.53% 14.26% 5.64% 14.85% first $41,935 28.53% 14.26% 5.64% 14.49%
over $42,390 up to $45,282 32.53% 16.26% 11.16% 19.53% over $41,935 up to $44,701 32.53% 16.26% 11.16% 19.21%
over $45,282 up to $84,780 37.12% 18.56% 17.49% 24.90% over $44,701 up to $83,865 38.37% 19.19% 19.22% 26.10%
over $84,780 up to $90,563 41.12% 20.56% 23.01% 29.58% over $83,865 up to $89,401 42.37% 21.19% 24.74% 30.82%
over $90,563 up to $103,150 45.71% 22.86% 29.35% 34.95% over $89,401 up to $102,040 45.71% 22.86% 29.35% 34.76%
over $103,150 up to $140,388 47.46% 23.73% 31.77% 37.00% over $102,040 up to $138,586 47.46% 23.73% 31.77% 36.83%
over $140,388 up to $200,000 49.97% 24.98% 35.22% 39.93% over $138,586 49.97% 24.98% 35.22% 39.78%
over $200,000 53.31% 26.65% 39.83% 43.84%  

Marginal tax rate for dividends is a % of actual dividends received (not grossed-up amount).
Marginal tax rate for capital gains is a % of total capital gains (not taxable capital gains).
Gross-up rate for eligible dividends is 38%, and for non-eligible dividends is 17% in 2016, 18% in 2015.
For more information see Quebec dividend tax credits.

Quebec Basic Personal Amount

2016 Personal Amount 2016 Tax Rate 2015 Personal Amount 2015 Tax Rate
$11,550 20% $11,425 20%

Federal Basic Personal Amount

2016 Personal Amount 2016 Tax Rate 2015 Personal Amount 2015 Tax Rate
$11,474 15% $11,327 15%

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Revised: September 11, 2016

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