Canadian Corporate Income Tax 2009
Ontario’s competitive corporate tax rates encourage business investment in the Province.
|
Type of Income |
Federal |
Ontario |
Combined |
|
General |
19.00% |
14.0% |
33.00% |
|
Manufacturing and processing |
19.00% |
12.0% |
31.00% |
|
Small Business |
13.12% |
5.50% |
18.62% |
|
|
|
|
Source: Canada Revenue Agency 2009