Chartered Accountants of Ontario, Canada

 

Tax Facts

Ontario Capital Tax

 

  Rate Deduction
 2010 (1) 0.15% $15,000,000
 2009 0.23% $15,000,000
 2008 0.23% $15,000,000
 2007 (2) 0.29% $12,500,000
 2006 0.30% $10,000,000
     
 
(1) Capital tax eliminated as of July 1, 2010.
(2) Eliminated, effective January 1, 2007, for companies primarily engaged in manufacturing and resource activities.