Combined Federal & Ontario Corporate Tax Rates for 2012
For Canadian Controlled-Private Corporations
|Small business income up to $500K||Active income exceeding $500K||Investment income|
Investment income may be subject to refundable tax of 26.67% of investment income. Portfolio dividends may be subject to Part IV tax of 33.33%. Part IV tax is added to the refundable dividend tax account. Investment income includes net rental income, taxable capital gains.