Canada Federal income tax rate 1 26.12 22.12 2 Provincial average income tax rate 3 12.0 9.4 Ontario 12.5 8.0 Alberta 4 11.5 8.0 Quebec 9.0 8.9 British Columbia 13.5 13.5
Individual Tax Rates - Federal - Canada 2005 Taxable Income from 0 up to: 35,595 16.00% 5,695 ... Dividend Tax Credit % of gross up Maximum RRSP Deduction 16,500 16.00% Rate ...
Funds that your spouse would otherwise use to pay income taxes can be invested and any income earned would be taxed at your spouse's lower tax rate. There are no estate or gift taxes in Canada ...