Feb 7, 2017 The basic rate of Part I tax is 38% of your taxable income, 28% after federal tax abatement. After the general tax reduction, the net tax rate is 15%. For Canadian-controlled private corporations claiming the small business deduction, the net tax rate is 10.5%.

Small Business Income Thresholds for CCPCs. 2018 and beyond, Current as of
December 31, 2017 [PDF 96 KB]; 2017 and beyond, Current as of December 31,
2017 [PDF 79 KB]. Other. Non-Resident Withholding Tax Rates for Treaty
Countries [PDF 147 KB], Current as of December 31, 2017; Federal and
Provincial …

Corporate income tax rates for active business income* — 2017. Includes all rate
changes announced up to 30 June 2017. Income eligible for smallbusiness
deduction (SBD). (generally up … rate of 28% for active business income not
eligible for other incentives, as well as to investment income earned by a non-
Canadian-.