A Canadian Controlled Private Corporation (CCPC) operating in BC will be subject to the following tax rates on its various income sources:
Active Business Income up to $500,000 | Active Business Income over $500,000 | Investment Income |
11% | 27.0% | 50.67% |
The above rates are a general guide. There are a variety of other factors that may impact the tax rates, including the type of corporation and source of income.
To have your corporate tax situation reviewed by a tax professional, please feel free to contact us.