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Corporate Income Tax Rates

Alberta and Quebec administer their own corporation income tax systems.  Ontario corporate income tax is administered by Ontario for taxation years ending before 2009, and by Canada Revenue Agency (CRA) for taxation years ending after 2008.  Corporations earning income in provinces which administer their own corporate taxes must file both provincial and federal corporate income tax returns.  CRA administers the corporate income tax for all other provinces.

The following tables show the general and small business corporate income tax rates federally and for each province and territory, as well as the small business limits.

2024 Corporate Income Tax Rates

2023 Corporate Income Tax Rates

2022 Corporate Income Tax Rates

2021 Corporate Income Tax Rates

2020 Corporate Income Tax Rates

2019 Corporate Income Tax Rates

2018 Corporate Income Tax Rates

2017 Corporate Income Tax Rates

2016 Corporate Income Tax Rates

2015 Corporate Income Tax Rates

2014 Corporate Income Tax Rates

2013 Corporate Income Tax Rates

2012 Corporate Income Tax Rates

2011 Corporate Income Tax Rates

2010 Corporate Income Tax Rates

2009 Corporate Income Tax Rates

2008 Corporate Income Tax Rates

See also Corporate Taxation of Investment Income.

Sources for the above information

    - Canada Revenue Agency (CRA) Federal, Provincial and Territorial Corporate Income Tax Rates.

    - Federal Budget

    - Provincial Budgets

Revised: September 20, 2024

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