TaxTips.ca - Quebec 2011 and 2012 Personal Marginal Income Tax Rates

Quebec (QC) Personal Income Tax Brackets and Rates Before Federal Tax Abatement
2012 Taxable Income			2012 Tax Rates		2011 Taxable Income			2011 Tax Rates
first $40,100			16.00%		first $39,060			16.00%
over $40,100 up to $80,200			20.00%		over $39,060 up to $78,120			20.00%
over $80,200			24.00%		over $78,120			24.00%
Quebec (QC) Combined Federal & Provincial Tax Rates Net of Federal Tax Abatement
2012 Taxable Income	2012 Marginal Tax Rates				2011 Taxable Income	2011 Marginal Tax Rates
	Other Income	Capital Gains	Canadian Dividends			Other Income	Capital Gains	Canadian Dividends
			Eligible Dividends	Non-Eligible Dividends				Eligible Dividends	Non-Eligible Dividends
first $40,100	28.53%	14.26%	5.64%	11.74%	first $39,060	28.53%	14.26%	4.09%	11.74%
over $40,100 up to $42,707	32.53%	16.26%	11.16%	16.74%	over $39,060 up to $41,544	32.53%	16.26%	9.73%	16.74%
over $42,707 up to $80,200	38.37%	19.19%	19.22%	24.05%	over $41,544 up to $78,120	38.37%	19.19%	17.97%	24.05%
over $80,200 up to $85,414	42.37%	21.19%	24.74%	29.05%	over $78,120 up to $83,088	42.37%	21.19%	23.61%	29.05%
over $85,414 up to $132,406	45.71%	22.86%	29.35%	33.22%	over $83,088 up to $128,800	45.71%	22.86%	28.32%	33.22%
over $132,406	48.22%	24.11%	32.81%	36.35%	over $128,800	48.22%	24.11%	31.85%	36.35%
Marginal tax rate for dividends is a % of actual dividends received (not grossed-up amount). Marginal tax rate for capital gains is a % of total capital gains (not taxable capital gains).
QC Basic Personal Amount
2012	Tax Rate				2011	Tax Rate
$10,925	20.00%				$10,640	20.00%
Federal Basic Personal Amount
2012	Tax Rate				2011	Tax Rate
$10,822	15.00%				$10,527	15.00%

Quebec 2012 and 2011 Personal Marginal Income Tax Rates

The Quebec tax brackets and personal amount were increased for 2012 by an indexation factor of 1.0266. Quebec's indexation factor is calculated using the consumer price index (CPI) without alcoholic beverages and tobacco products.

The Federal tax brackets and personal amount were increased for 2012 by an indexation factor of 1.028.

The tax rates below include the reduction in rate due to the federal tax abatement of 16.5% of federal tax. However, this abatement is applied to the net federal tax after deducting the basic personal amount. For this reason, the federal personal amount tax credit is reduced by 16.5%.

Quebec -> Tax Rates -> 2012 and 2011 Tax Rates -> Quebec Personal Income Tax Rates

Quebec 2012 and 2011 Personal Marginal Income Tax Rates