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BC 2011 and 2012 Personal income Tax Rates
Canadian Tax and
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The marginal tax rate for eligible dividends has been
revised for the BC 2012 Budget
increase in the enhanced dividend tax credit from 9.76% to 10% of taxable
dividends. The rates before revision ranged from a low of -6.51% to
a high of 26.11%.
The BC tax brackets and personal amount were increased
for 2012 by an indexation factor of 1.024. The Federal tax brackets
and personal amount were increased for 2012 by an indexation factor of