What are the corporate income tax rates for active business income across Canada in 2019?
The table below outlines the Canadian corporate income tax rates for each province and territory as of January 1st, 2019.
|Combined Federal and Provincial / Territory Rates||Income eligible for small-business deduction (SBD) (up to $500,000)||General income not eligible for SBD|
|Newfoundland and Labrador||12.0%||30.0%|
|Prince Edward Island||12.5%||31.0%|
|Non-resident / Not in a province||N/A||25.0%|
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