Canada

Paying Taxes in

Canada

Listed below is a detailed summary of the taxes and mandatory contributions that a medium-size company must pay or withhold in a given year, as well as measures of administrative burden in paying taxes.

The information appearing on this page was collected as part of the Doing Business project, which measures and compares regulations relevant to the life cycle of a small- to medium-sized domestic business in 183 economies. The most recent round of data collection for the project was completed in December 2010.

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To see indicator data for all economies, see the Paying Taxes page. To see how economies rank, see the Rankings page.

Tax or mandatory contribution Payments (number) Notes on Payments Time (hours) Statutory tax rate Tax base Total tax rate (% profit) Notes on TTR
Property tax 1 online filing 4.0% assessed property value 6.1
Federal income tax 1 online filing 45 11% on 1st $400k, 18% on remaining income taxable profits 5.8
Pension plan contributions 1 online filing 36 5.0% gross salaries (maximum earnings of CAD 47,200) 4.7
Provincial income tax 0 paid jointly 11.0% taxable profits 3.5
Workplace safety & insurance contributions 1 online filing 4.3% gross salaries 3.5
Employment insurance contributions 0 paid jointly 2.4% gross salaries (maximum earnings of CAD 43,200) 2.5
Health tax 1 online filing 2.0% payroll in excess of CAD 400,000 1.9
Fuel tax 1 fuel consumption 0.7
Ontario Retail Sales Tax (ORST) 1 online filing 8.0% insurance premium and leasing expenses 0.1 abolished as of June 20, 2010
Provincial capital tax 0 paid jointly 0.1% taxable capital in excess of CAD 15 million 0 abolished as of June 20, 2010
Value added tax (GST/HST) 1 online filing 50 13.0% value added, land sale, insurance premium and leasing expenses not included
Totals: 8 131 28.8
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