Open Government Licence - Canada 2.0https://open.canada.ca/en/open-government-licence-canada
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This table provides individual taxation statistics, including effective tax and transfer rates, the total amount of taxes paid and government transfers received, and the proportion of Canadian taxfilers that pay tax or receive government transfers.
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The Personal Income Tax Rate in Canada stands at 33 percent. This dataset provides - Canada Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Open Government Licence - Canada 2.0https://open.canada.ca/en/open-government-licence-canada
License information was derived automatically
This table provides census family taxation statistics, including effective tax and transfer rates, the total amount of taxes paid and government transfers received, and the proportion of Canadian census families that pay tax or receive government transfers.
This table presents income shares, thresholds, tax shares, and total counts of individual Canadian tax filers, with a focus on high income individuals (95% income threshold, 99% threshold, etc.). Income thresholds are geography-specific; for example, the number of Nova Scotians in the top 1% will be calculated as the number of taxfiling Nova Scotians whose total income exceeded the 99% income threshold of Nova Scotian tax filers. Different definitions of income are available in the table namely market, total, and after-tax income, both with and without capital gains.
This statistic shows the average expenditure of a Canadian family on taxes in 2021, by type of tax. In 2021, Canadian families spent 13,113 Canadian dollars, on average, on income tax.
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The Corporate Tax Rate in Canada stands at 26.50 percent. This dataset provides - Canada Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
In 2022, the total amount of income taxes paid in Canada increased by 13.8 billion dollars (+4.57 percent) since 2021. With 315.61 billion dollars, the total amount thereby reached its highest value in the observed period.
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Canada CA: Total Tax Rate: % of Profit data was reported at 24.500 % in 2019. This records an increase from the previous number of 20.500 % for 2018. Canada CA: Total Tax Rate: % of Profit data is updated yearly, averaging 21.100 % from Dec 2005 (Median) to 2019, with 15 observations. The data reached an all-time high of 47.500 % in 2005 and a record low of 19.900 % in 2013. Canada CA: Total Tax Rate: % of Profit data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.WDI: Company Statistics. Total tax rate measures the amount of taxes and mandatory contributions payable by businesses after accounting for allowable deductions and exemptions as a share of commercial profits. Taxes withheld (such as personal income tax) or collected and remitted to tax authorities (such as value added taxes, sales taxes or goods and service taxes) are excluded.;World Bank, Doing Business project (http://www.doingbusiness.org/). NOTE: Doing Business has been discontinued as of 9/16/2021. For more information: https://bit.ly/3CLCbme;Unweighted average;Data are presented for the survey year instead of publication year.
Average and median market, total and after-tax income of individuals by visible minority group, Indigenous group and immigration status, Canada and provinces.
Selected annual aggregate balance sheet and income statement items representing incorporated enterprises operating in Canada, by the North American Industry Classification System (NAICS), presented in millions of dollars or percentages unless otherwise specified.
This statistic shows the total average expenditure of Canadian families on taxes from 2000 to 2021. In 2021, Canadian families spent a total of 42, 547 Canadian dollars, on average, on taxes.
Open Government Licence - Canada 2.0https://open.canada.ca/en/open-government-licence-canada
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Income tax by economic family type (average, share and implicit income tax rate).
This statistic shows the total income taxes paid in Canada from 2000 to 2020, distinguished by type of tax. In 2020, Canadian tax filers paid 166.75 billion Canadian dollars in federal income taxes.
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Key information about Canada Tax Revenue
As of 2020, the profit tax in Canada amounted to ***** percent of the total profit. The highest taxation rate was for labor and contributions, which added up to **** percent of the profit. Canada's ease of doing business ranked **** worldwide, with a general score of ****. One of the highest scores was obtained in the ease of paying taxes.
Open Government Licence - Canada 2.0https://open.canada.ca/en/open-government-licence-canada
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Income tax by economic family type (average, share and implicit income tax rate).
As of 2020, Canada's ease of doing business ranked 23rd worldwide, with a general score of 79.6. Some of the highest score was obtained in the ease of paying taxes. Annually, businesses require some 45 hours to pay federal income taxes, while pension plan contributions needed some 36 hours. The largest number of hours was spent on harmonized sales tax (VAT), with 50 hours.
Open Government Licence - Canada 2.0https://open.canada.ca/en/open-government-licence-canada
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Federal, provincial and territorial statutory corporate income tax rates effective on December 31 of each year for general income not eligible for small business deduction.
This statistic shows the percentage of income spent by Canadian families on taxes and other living expenses in 2021. About 43 percent of the average Canadian family's cash income was spent on taxes in 2021.
Open Government Licence - Canada 2.0https://open.canada.ca/en/open-government-licence-canada
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This table contains 3212 series, with data for years 1965 - 1987 (not all combinations necessarily have data for all years), and is no longer being released. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada); Industry (44 items: Total, all industries;Finance;Total, all non-financial industries;Total agriculture, forestry and fishing; ...); Corporation taxation statistics (73 items: Number of corporations;Book profit after taxes, all corporations;Book profit of tax exempt corporations;Book profit after taxes, taxable corporations; ...).
Open Government Licence - Canada 2.0https://open.canada.ca/en/open-government-licence-canada
License information was derived automatically
This table provides individual taxation statistics, including effective tax and transfer rates, the total amount of taxes paid and government transfers received, and the proportion of Canadian taxfilers that pay tax or receive government transfers.