Corporate Tax Rates - December 31 , 2016
Federal Ontario Combined
Business
First $500,000
  • 10.50%
  • 4.50%
  • 15.00%
Manufacturing
  • 15.00%
  • 10.00%
  • 25.00%
General
  • 15.00%
  • 11.50%
  • 26.50%
CCPC - Investment
  • 38.67%
  • 11.50%
  • 50.17%
Part IV
  • 33.33%
  • -
  • 33.33%
Corporate Tax Rates - December 31 , 2015
Federal Ontario Combined
Business
First $500,000
  • 11.00%
  • 4.50%
  • 15.50%
Part IV
  • 33.33%
  • -
  • 33.33%
CCPC - Investment
  • 34.67%
  • 11.50%
  • 46.17%
General
  • 15.00%
  • 11.50%
  • 26.50%
Manufacturing
  • 15.00%
  • 10.00%
  • 25.00%
Corporate Tax Rates - December 31 , 2014
Federal Ontario Combined
Business
First $500,000
  • 11.00%
  • 4.50%
  • 15.50%
Manufacturing
  • 15.00%
  • 10.00%
  • 25.00%
General
  • 15.00%
  • 11.50%
  • 26.50%
CCPC - Investment
  • 34.67%
  • 11.50%
  • 46.17%
Part IV
  • 33.33%
  • --
  • 33.33%
Corporate Tax Rates - December 31 , 2013
Federal Ontario Combined
Business
First $500,000
  • 11.00%
  • 4.50%
  • 15.50%
Manufacturing
  • 15.00%
  • 10.00%
  • 25.00%
 General
  • 15.00%
  • 11.50%
  • 26.50%
 CCPC - Investment
  • 34.67%
  • 11.50%
  • 46.17%
 Part IV
  • 33.33%
  • --
  • 33.33%
Corporate Tax Rates - December 31 , 2012
Federal Ontario Combined
Business
First $500,000
  • 11.00%
  • 4.50%
  • 15.50%
Maunfacturing
  • 15.00%
  • 10.00%
  • 25.00%
General
  • 15.00%
  • 11.50%
  • 26.50%
CCPC - Investment
  • 34.67%
  • 11.50%
  • 46.17%
Part IV
  • 33.33%
  • --
  • 33.33%
Corporate Tax Rates - December 31 , 2011
Federal Ontario Combined
Business
First $500,000
  • 11.00%
  • 4.50%
  • 15.50%
Maunfacturing
  • 16.50%
  • 10.00%
  • 26.50%
General
  • 16.50%
  • 11.75%
  • 28.25%
CCPC - Investment
  • 34.67%
  • 11.75%
  • 46.42%
Part IV
  • 33.33%
  • --
  • 33.33%
Corporate Tax Rates - December 31 , 2010
Federal Ontario Combined
Business
First $500,000
  • 11.00%
  • 5.00%
  • 16.00%
 Subject to Ontario surtax
  • 18.00%
  • 15.12%
  • 33.12%
Manufacturing
  • 18.00%
  • 11.00%
  • 29.00%
 General
  • 18.00%
  • 13.00%
  • 31.00%
 CCPC - Investment
  • 34.67%
  • 13.00%
  • 47.67%
 Part IV
  • 33.33%
  • --
  • 33.33%
Corporate Tax Rates - December 31 , 2009
Federal Ontario Combined
Business
First $500,000
  • 11.00%
  • 5.50%
  • 16.50%
 Subject to Ontario surtax
  • 19.00%
  • 18.25%
  • 37.25%
Manufacturing
  • 19.00%
  • 12.00%
  • 31.00%
 General
  • 19.00%
  • 14.00%
  • 33.00%
CCPC - Investment
  • 34.67%
  • 14.00%
  • 48.67%
 Part IV
  • 33.33%
  • --
  • 33.33%
 

(1) There are federal rate reductions coming into effect in future years for business income under $500,000.

(2) For non calendar year ends straddling December 31st rates are prorated.

(3) Combined corporate tax rates.

First $500,000 Combined
2017           10.00% 14.50%
2018             9.50% 14.00%
2019             9.00% 13.50%