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- Canada 2020
Country-year
Canada 2020
26.2 %Combined corporate income tax rate
$63,081Average annual wage, US$ PPP
Facts
- Combined corporate income tax rate
- 26.2 %
- Average annual wage, US$ PPP
- $63,081
- Country
- Canada
- Year
- 2020
- Corporate income tax rate, central government
- 15.0 %
- Corporate income tax rate, sub-central
- 11.2 %
- Central CIT rate net of sub-central deduction
- 15.0 %
- Top marginal rate incl. employee social security
- 53.5 %
- Top rate threshold, × average wage
- 2.89×
- Average annual wage, national currency
- 76,100
Sources: OECD Corporate Tax Statistics, OECD Tax Database, World Bank WDI (CC BY 4.0)