the tax rate for small business in canada is 11. 5 %.
the tax rate for small business in canada is 11. 5 %.
what is the tax rate for small business in canada?
11. 5 %
a dividend from a small business ("canadian-controlled private corporation") is grossed-up by 17 per cent, meaning that the shareholder includes 117 per cent of the dividend amount in income, to reflect the pre-tax income of the small business out of which it has paid the dividend. this income is taxed at the shareholder's personal income tax rate, but a part of the tax is offset by a 10.5217% dividend tax credit (for 2017) to reflect the federal tax paid at the corporate level. there are also provincial dividend tax credits at different rates in different provinces.
income taxes in canada
canada small business tax rate









































in canada, the small business tax rate is the tax rate paid by a small business. as of 2018, the small business tax rate is 10%. the general corporate tax rate is 28%.









































section::::definitions.









































a small business in canada is defined as a canadian-based corporation with fewer than 100 employees and under $500,000 in annual income.
canada small business tax rate