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Yukon 2016 and 2017 Personal Marginal
Income Tax Rates
The Federal and Yukon tax brackets and personal tax credits are increased for
2017 by an indexation factor of 1.014, except for the Yukon amount of
$500,000, which is equal to the corporate small business limit. Yukon uses the Federal indexation factor.
The indexation
factors, tax brackets and tax rates have been confirmed to Canada Revenue Agency
information.
Yukon's top tax threshold, as per s. 6(2)(b) of their Income Tax Act, is equal
to the Small Business Limit. The top tax rate is now set at 15%,
effective January 1, 2017, instead of being equal to the general corporate tax rate.
The 2016 marginal tax rate for non-eligible dividends reflects the rate that is
in effect automatically due to the change in the gross-up rate and federal small
business corporate income tax rate for 2016.
The Yukon legislation automatically adjusts the dividend tax credit based on
these changes.
Combined Federal
& Yukon Tax Brackets and Tax Rates
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
21.40%
10.70%
-11.89%
9.05%
first $45,282
21.40%
10.70%
-11.89%
9.05%
over $45,916 up to
$91,831
29.50%
14.75%
-0.72%
18.53%
over $45,282 up to
$90,563
29.50%
14.75%
-0.72%
18.53%
over $91,831 up to $142,353
36.90%
18.45%
9.50%
27.19%
over $90,563 up to $140,388
36.90%
18.45%
9.50%
27.19%
over $142,353 up to
$202,800
41.80%
20.90%
16.26%
32.92%
over $140,388 up to
$200,000
41.80%
20.90%
16.26%
32.92%
over $202,800 up to $500,000
45.80%
22.90%
21.78%
37.60%
over $200,000 up to $500,000
45.80%
22.90%
21.78%
37.60%
over $500,000
48.00%
24.00%
24.81%
40.18%
over $500,000
48.00%
24.00%
24.81%
40.18%
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 Yukon
Dividend Tax Credits.
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