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Canada
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Federal Personal Income Tax Brackets and Tax Rates |
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2017 Taxable Income | 2017 Marginal Tax Rates | 2016 Taxable Income | 2016 Marginal Tax Rates | ||||||
Other Income |
Capital Gains |
Canadian Dividends | Other Income |
Capital Gains |
Canadian Dividends | ||||
Eligible | Non-Eligible | Eligible | Non-Eligible | ||||||
first $45,916 | 15.0% | 7.50% | -0.03% | 5.24% | first $45,282 | 15.0% | 7.50% | -0.03% | 5.24% |
over $45,916 up to $91,831 | 20.5% | 10.25% | 7.56% | 11.67% | over $45,282 up to $90,563 | 20.5% | 10.25% | 7.56% | 11.67% |
over $91,831 up to $142,353 | 26.0% | 13.00% | 15.15% | 18.11% | over $90,563 up to $140,388 | 26.0% | 13.00% | 15.15% | 18.11% |
over $142,353 up to $202,800 | 29.0% | 14.50% | 19.29% | 21.62% | over $140,388 up to $200,000 | 29.0% | 14.50% | 19.29% | 21.62% |
over $202,800 | 33.0% | 16.50% | 24.81% | 26.30% | over $200,000 | 33.0% | 16.50% | 24.81% | 26.30% |
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%. For more information see dividend tax credits. |
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Federal Basic Personal Amount |
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2017 Personal Amount | 2017 Tax Rate | 2016 Personal Amount | 2016 Tax Rate | ||||||
$11,635 | 15% | $11,474 | 15% |
Copyright © 2002 Boat Harbour Investments Ltd.
Revised: October 23, 2021
Copyright © 2002 Boat Harbour Investments Ltd. All Rights Reserved. See Reproduction of information from TaxTips.ca Facebook
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