250.286.1307 info@ewartcpa.ca

Marginal Tax Rates 2016

Individuals (Federal and BC Combined)
Taxable IncomeSalary & InterestIneligible DividendsEligible DividendsCapital Gains
0to38,21020.06%8.27%-6.84%10.03%
38,211to45,28222.70%11.36%-3.20%11.35%
45,283to76,42128.20%17.79%4.39%14.10%
76,422to87,74131.00%21.07%8.25%15.50%
87,742to90,56332.79%23.16%10.72%16.40%
90,564to106,54338.29%29.60%18.31%19.15%
106,544to140,38840.70%32.42%21.64%20.35%
140,839to200,00043.70%35.93%25.78%21.85%
Overto200,00047.70%40.61%31.30%23.85%

(1) Negative amounts can only be offset by other income taxes payable (it is assumed the taxpayer has other income)
(2) The calculations do not take alternative minimum tax into consideration.