 Home > Insight Newsletter > Index of Past Articles > Corporate Tax Rates
Corporate Tax Rates in BC
Rates for Private Business
These are the tax rates to various kinds of income and corporations:
| |
2006 |
2007 |
2008 |
2009 (3) |
2010 |
| Profit under $300,000 |
17.62% |
17.62% |
14.92% |
13.5% |
13.5% |
| Profit $300-400,000 |
26.62% |
26.62% |
14.92% |
13.5% |
13.5% |
| Profit over $400,000 (2) |
34.12% |
34.12% |
31% |
NA |
|
| Profit $400-500,000 |
NA |
NA |
NA |
22% |
22% |
| Profit over $500,000 (2) |
NA |
NA |
NA |
30.5% |
30% |
| Investment income (1) |
47.78% |
47.78% |
46.16% |
45.66% |
45.66% |
Notes:
(1) Subject to refundable dividend tax recovery
(2) Subject to enhanced dividend tax credit under "GRIP" rules
(3) The 2009 rates reflect those in effect for a Dec 31, 2009 year end
Article revised: Feb 2010 |
Fax: 604.925.3045