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.

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.

Tobacco tax rates were last changed on March 29, 2018. The current rates are: * 18.475¢ per cigarette * 18.475¢ per gram or part gram of cut tobacco * Tax on cigars is 56.6% of the taxable price Tobacco tax is: * $3.70 on a pack of 20 cigarettes * $4.62 on a pack of 25 cigarettes * $36.95 on a carton of 200 cigarettes You can download the dataset to view the historical price points for this tax. About tobacco tax

Fuel tax rates were last changed on July 1, 2022. The current rates are:

• 9 ¢ per litre

Effective July 1, 2022 until June 30, 2025, the fuel tax rate will be reduced from 14.3 cents per litre to 9.0 cents per litre, representing a cut of 5.3 cents per litre. The tax rate decrease takes effect at 12:01 a.m., July 1, 2022. This temporary tax cut applies to clear diesel (including blended), clear kerosene and biodiesel.

• 4.5¢ per litre for railway equipment

The current dye cost (updated quarterly) is $2.46 per litre.

You can download the dataset to view the historical price points for these items.

About fuel tax

About colouring fuel

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.

Canada Government Revenue: as % of GDP: Tax: Income Tax: Corporate data was reported at 2.800 % in 2024. This records a decrease from the previous number of 3.300 % for 2023. Canada Government Revenue: as % of GDP: Tax: Income Tax: Corporate data is updated yearly, averaging 2.200 % from Mar 1967 (Median) to 2024, with 58 observations. The data reached an all-time high of 3.300 % in 2023 and a record low of 1.000 % in 1993. Canada Government Revenue: as % of GDP: Tax: Income Tax: Corporate data remains active status in CEIC and is reported by Department of Finance Canada. The data is categorized under Global Database’s Canada – Table CA.F002: Government Revenue and Expenditure: Annual.

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 based on national threshold values, regardless of selected geography; 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% national income threshold. Different definitions of income are available in the table namely market, total, and after-tax income, both with and without capital gains.

Historical provincial gasoline and diesel tax rates and the dates on which the rates took effect

Canada FIN Forecast: Budgetary Revenue: Income Tax: Corporate: % of GDP data was reported at 2.000 % in 2024. This stayed constant from the previous number of 2.000 % for 2023. Canada FIN Forecast: Budgetary Revenue: Income Tax: Corporate: % of GDP data is updated yearly, averaging 2.000 % from Mar 2000 (Median) to 2024, with 25 observations. The data reached an all-time high of 2.700 % in 2008 and a record low of 1.600 % in 2010. Canada FIN Forecast: Budgetary Revenue: Income Tax: Corporate: % of GDP data remains active status in CEIC and is reported by Department of Finance Canada. The data is categorized under Global Database’s Canada – Table CA.F003: Government Revenue and Expenditure: Forecast: Department of Finance.

Canada Government Revenue: Tax: Income Tax: Corporate data was reported at 82,468.000 CAD mn in 2024. This records a decrease from the previous number of 93,945.000 CAD mn for 2023. Canada Government Revenue: Tax: Income Tax: Corporate data is updated yearly, averaging 11,545.000 CAD mn from Mar 1962 (Median) to 2024, with 63 observations. The data reached an all-time high of 93,945.000 CAD mn in 2023 and a record low of 1,298.000 CAD mn in 1963. Canada Government Revenue: Tax: Income Tax: Corporate data remains active status in CEIC and is reported by Department of Finance Canada. The data is categorized under Global Database’s Canada – Table CA.F002: Government Revenue and Expenditure: Annual.

Canada Budgetary Revenue: TR: Income Taxes: Corporate data was reported at 8,693.000 CAD mn in Dec 2024. This records an increase from the previous number of 6,481.000 CAD mn for Nov 2024. Canada Budgetary Revenue: TR: Income Taxes: Corporate data is updated monthly, averaging 2,735.000 CAD mn from Jan 1996 (Median) to Dec 2024, with 348 observations. The data reached an all-time high of 16,327.000 CAD mn in Feb 2024 and a record low of 273.000 CAD mn in Aug 2009. Canada Budgetary Revenue: TR: Income Taxes: Corporate data remains active status in CEIC and is reported by Department of Finance Canada. The data is categorized under Global Database’s Canada – Table CA.F001: Government Revenue and Expenditure.

Revenue for tax preparation providers in Canada benefited from steady economic stabilization following a period of high inflation, driven by an increasing number of households earning $100,000 or more. While shaky economic conditions in the wake of the pandemic and subsequent inflationary pressures curtailed lower-income customers’ propensity to procure services, a big push among wealthier customers offset serious losses. In recent years, the expansion of new technology via smartphone apps and higher emphasis on digital presence has further maximized tax preparers’ exposure. Prominent companies like H&R Block and Intuit Inc. continue to invest more capital into new technologies that digitize their services and offer clients greater accessibility to their services. These trends caused revenue to grow an annualized 1.4% to an estimated $1.7 billion over the past five years, including an anticipated 4.3% slip in 2024 caused primarily by heightened competition among lower-cost DIY services. The introduction of online tax preparation services has been the most prominent change that continues to influence tax preparers’ demand. Strong growth of user-friendly online products, coupled with increasing internet capabilities, has enabled more consumers to complete their returns through tax software. These technological advancements are disrupting traditional operations as more tax filers begin using the assisted tax preparation software such as Intuit Inc.'s TurboTax product to the benefit of the industry. However, this has also driven individuals to use the free public online resource, circumventing traditional tax preparers and curtailing larger revenue growth. Nonetheless, the broader digitalization trend is having meaningful effects in consumer behaviour, with 59.8% of Canadian individuals using E-FILING services for their tax needs, according to 2024 figures from the Canadian Revenue Agency. The higher emphasis on digital services has also stabilized servicers’ profit margin, although high compliance costs and the consistent dependence on qualified staff curtails any growth prospects. Moving forward, tax preparation servicers will benefit from a mix of good economic conditions, anticipated declines in the national unemployment rate and the growing adoption of AI across its workflow. Anticipated growth in corporate sentiment and disposable income will provide core revenue streams for tax preparers’ largest markets, with households earning over $100,000 leading the charge. Expansion of value-added services such as financial document compilation and consulting services to compete with the increasing use of online services. Revenue is expected to grow an annualized 1.7% to an estimated $1.8 billion through the end of 2029.

This dataset is about countries in Canada per year, featuring 5 columns: agricultural land, alternative and nuclear energy, armed forces personnel, birth rate, and tax revenue. The preview is ordered by date (descending).

Gini coefficients of adjusted market, total and after-tax income, annual.

Municipal property taxes are set by the council of each municipality and help fund a variety of municipal services and programs provided by the municipality. There are two different types of tax rates: residential and commercial. All tax rates are applied per $100 of taxable property assessment value. Municipal tax revenue is calculated by multiplying the property assessment value by the applicable tax rate per $100 of assessment value.

Canada RBC: Net Income Before Provision for Income Taxes data was reported at 15,915,089.000 CAD th in Dec 2019. This records an increase from the previous number of 12,015,825.000 CAD th for Sep 2019. Canada RBC: Net Income Before Provision for Income Taxes data is updated quarterly, averaging 3,673,997.500 CAD th from Mar 1996 (Median) to Dec 2019, with 96 observations. The data reached an all-time high of 15,915,089.000 CAD th in Dec 2019 and a record low of 563,079.000 CAD th in Mar 1999. Canada RBC: Net Income Before Provision for Income Taxes data remains active status in CEIC and is reported by Office of the Superintendent of Financial Institutions Canada. The data is categorized under Global Database’s Canada – Table CA.KB043: Statement of Comprehensive Income: Domestic Banks: Royal Bank of Canada. Source: Financial Data for Banks - Summary Income Statement (http://www.osfi-bsif.gc.ca/Eng/wt-ow/Pages/FINDAT.aspx), excluding any specific financial institutions data. Reproduced with permission from the Office of the Superintendent of Financial Institutions (OSFI), 2020 Disclaimer Notice: The reproduction of the information reproduced under permission by the Minister of Public Works and Government Services Canada in no way implies any official endorsement by the Office of the Superintendent of Financial Institutions Canada, nor of the Minister of Public Works and Government Services Canada, and does it imply any endorsement of the services offered by CEIC Data Company limited.

Canada SBC: Liabilities: Others: Income Taxes data was reported at 0.000 CAD th in Feb 2020. This records a decrease from the previous number of 194.000 CAD th for Jan 2020. Canada SBC: Liabilities: Others: Income Taxes data is updated monthly, averaging 0.000 CAD th from Mar 2009 (Median) to Feb 2020, with 132 observations. The data reached an all-time high of 1,046.000 CAD th in Nov 2018 and a record low of 0.000 CAD th in Feb 2020. Canada SBC: Liabilities: Others: Income Taxes data remains active status in CEIC and is reported by Office of the Superintendent of Financial Institutions Canada. The data is categorized under Global Database’s Canada – Table CA.KB032: Consolidated Balance Sheet: Foreign Banks Subsidiaries: Shinhan Bank Canada. Source: Financial Data for Banks - Consolidated Balance Sheet (http://www.osfi-bsif.gc.ca/Eng/wt-ow/Pages/FINDAT.aspx), excluding any specific financial institutions data. Reproduced with permission from the Office of the Superintendent of Financial Institutions (OSFI), 2020 Disclaimer Notice: The reproduction of the information reproduced under permission by the Minister of Public Works and Government Services Canada in no way implies any official endorsement by the Office of the Superintendent of Financial Institutions Canada, nor of the Minister of Public Works and Government Services Canada, and does it imply any endorsement of the services offered by CEIC Data Company limited.

The Social Security Rate in Canada stands at 15.84 percent. This dataset provides - Canada Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Revenues in Canada increased to 44335 CAD Million in December from 37890 CAD Million in November of 2024. This dataset provides - Canada Government Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Canada NBC: Liabilities: Others: Income Taxes data was reported at 59,402.000 CAD th in Feb 2020. This records a decrease from the previous number of 60,483.000 CAD th for Jan 2020. Canada NBC: Liabilities: Others: Income Taxes data is updated monthly, averaging 191,631.000 CAD th from Jan 1996 (Median) to Feb 2020, with 290 observations. The data reached an all-time high of 503,737.000 CAD th in Oct 2003 and a record low of -5,010.000 CAD th in Mar 2018. Canada NBC: Liabilities: Others: Income Taxes data remains active status in CEIC and is reported by Office of the Superintendent of Financial Institutions Canada. The data is categorized under Global Database’s Canada – Table CA.KB018: Consolidated Balance Sheet: Domestic Banks: National Bank of Canada. Source: Financial Data for Banks - Consolidated Balance Sheet (http://www.osfi-bsif.gc.ca/Eng/wt-ow/Pages/FINDAT.aspx), excluding any specific financial institutions data. Reproduced with permission from the Office of the Superintendent of Financial Institutions (OSFI), 2020 Disclaimer Notice: The reproduction of the information reproduced under permission by the Minister of Public Works and Government Services Canada in no way implies any official endorsement by the Office of the Superintendent of Financial Institutions Canada, nor of the Minister of Public Works and Government Services Canada, and does it imply any endorsement of the services offered by CEIC Data Company limited.