Corporate Income Tax Rates
Alberta and Quebec administer their own corporation income tax systems. Ontario corporate income tax is administered by Ontario for taxation years ending before 2009, and by Canada Revenue Agency (CRA) for taxation years ending after 2008. Corporations earning income in provinces which administer their own corporate taxes must file both provincial and federal corporate income tax returns. CRA administers the corporate income tax for all other provinces.
The following tables show the general and small business corporate income tax rates federally and for each province and territory, as well as the small business limits.
See also Corporate Taxation of Investment Income.
Sources for the above information
- Canada Revenue Agency (CRA) Federal, Provincial and Territorial Corporate Income Tax Rates.
Revised: July 31, 2023
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