Canadà: Entorn econòmic
For further information, consult the dedicated page on the website of the Government of Canada.
Non-resident corporations are subject to corporate income tax on taxable capital gains arising on the disposition of taxable Canadian property (50% of capital gains less 50% of capital losses).
Start-up expenses are not deductible, same as for federal, provincial, and territorial income taxes and government-imposed fines and penalties. Mining and oil and gas companies are generally allowed a 100% deduction for grassroots exploration costs, whereas other development costs are deductible at the rate of 30% on a declining-balance basis.
All provinces and territories charge a land transfer tax or registration fee on the purchaser of real property within their boundaries, calculated on the sale price or the assessed value of the property sold at rates varying between 0.02% to 3% (higher rates may apply for non-residents).
Employers need to contribute to social security on behalf of their employees, with rates varying according to the territory. The maximum pensionable earnings under the Canada Pension Plan (CPP) for 2021 will be CAD 61,600.
Payroll taxes are charged at a minimum rate between 1.95% and 4.26%.
Provinces and territories implement carbon taxes in accordance with the Greenhouse Gas Pollution Pricing Act.
Canada | OECD | United States | Germany | |
Number of Payments of Taxes per Year | 8.0 | 10.1 | 10.6 | 9.0 |
Time Taken For Administrative Formalities (Hours) | 131.0 | 163.6 | 175.0 | 218.0 |
Total Share of Taxes (% of Profit) | 24.5 | 41.6 | 36.6 | 48.8 |
Source: Doing Business, Latest available data.
Federal Tax Rate (2021) | Progressive from 15 to 33% |
From CAD 0 to CAD 49,020 | 15% |
From CAD 49,020 to CAD 98,040 | 20.5% |
From CAD 98,040 to CAD 151,978 | 26% |
From CAD 151,978 to CAD 216,511 | 29% |
Above CAD 216,511 | 33% |
Provincial Tax Rate | Progressive from 4 to 21%. For a full list, consult the Government of Canada website. |
For information concerning the tax measures taken in order to address the impact of the COVID-19 crisis, please consult the website of the Canada Revenue Agency. |
Find out more about Taxes and Accounting in Canada on GlobalTrade.net, the Directory for International Trade Service Providers.
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Actualitzacions: May 2022