In Canada, the small business tax rate is the tax rate paid by a small business. As of 2016, the small business tax rate is 10.5%. Definitions[edit]. A small business in Canada is defined as a Canadian-based corporation with less than 100 employees and under $500,000 in annual income. The general corporate tax rate is …

Feb 7, 2017 – Federal rates. 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 …