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Nunavut 2016 and 2017 Personal Marginal
Income Tax Rates
The Federal and Nunavut tax brackets and personal amount
are increased
for 2017 by an indexation factor of 1.014. Nunavut uses the
Federal indexation factor. The indexation
factors, tax brackets and tax rates have been confirmed to Canada Revenue Agency
information.
Nunavut
Personal Income Tax Brackets and Tax Rates
2017
Taxable Income
2017
Tax Rates
2016
Taxable Income
2016
Tax Rates
first $43,780
4.0%
first $43,176
4.0%
over
$43,780 up to $87,560
7.0%
over
$43,176 up to
$86,351
7.0%
over $87,560 up to
$142,353
9.0%
over $86,351 up to
$140,388
9.0%
over
$142,353
11.5%
over
$140,388
11.5%
Combined Federal
& Nunavut Tax Brackets and Tax Rates
2017
Taxable Income
2017
Marginal Tax Rates
2016
Taxable Income
2016
Marginal Tax Rates
Other
Income
Capital
Gains
Canadian
Dividends
Other
Income
Capital
Gains
Canadian
Dividends
Eligible
Non-Eligible
Eligible
Non-Eligible
first $43,780
19.0%
9.50%
-2.11%
6.52%
first $43,176
19.0%
9.50%
-2.11%
6.52%
over
$43,780 up to $45,916
22.0%
11.00%
2.03%
10.03%
over
$43,176 up to
$45,282
22.0%
11.00%
2.03%
10.03%
over $45,916 up to
$87,560
27.5%
13.75%
9.62%
16.46%
over $45,282 up to $86,351
27.5%
13.75%
9.62%
16.46%
over
$87,560 up to $91,831
29.5%
14.75%
12.38%
18.80%
over $86,351 up to
$90,563
29.5%
14.75%
12.38%
18.80%
over $91,831 up to
$142,353
35.0%
17.50%
19.97%
25.24%
over $90,563 up to
$140,388
35.0%
17.50%
19.97%
25.24%
over
$142,353 up
to $202,800
40.5%
20.25%
27.56%
31.67%
over
$140,388 up
to $200,000
40.5%
20.25%
27.56%
31.67%
over $202,800
44.5%
22.25%
33.08%
36.35%
over $200,000
44.5%
22.25%
33.08%
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).
Gross-up rate for eligible dividends is 38%, and for non-eligible dividends is
17%.
For more information see Nunavut
dividend tax
credits.
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