Canada small business tax rate - wikipedia Canada small business tax rate This article has multiple issues. Please help improve it or discuss these issues on the talk page. ( Learn how and when to remove these template messages ) This article is an orphan, as no other articles link to it. Please introduce links to this page from related articles ; try the Find link tool for suggestions. ( July 2016 ) This article is incomplete. Please help to improve it, or discuss the issue on the talk page. ( July 2016 ) The neutrality of this article is disputed. Relevant discussion may be found on the talk page. Please do not remove this message until conditions to do so are met. ( September 2016 ) In Canada, the small business tax rate is the tax rate paid by a small business. As of 2016, the small business tax rate is 10.5 %. Definitions A small business in Canada is defined as a Canadian - based corporation with less than 100 employees and under $500,000 in annual income. The general corporate tax rate is 28 %. Small businesses are allowed to claim a `` small business deduction '' under the Income Tax Act ; the deduction enumerated in that Act is deducted from the 28 % general tax rate and means the net small business tax rate is as follows : Tax rate by year Year Tax Rate ( % ) 2006 12 2007 12 2008 11 2009 11 11 2011 11 2012 11 2013 11 2014 11 2015 11 2016 10.5 2017 10.5 2018 10 References Jump up ^ http://www.fin.gc.ca/taxexp-depfisc/2013/taxexp1303-eng.asp Jump up ^ http://www.cra-arc.gc.ca/tx/bsnss/tpcs/crprtns/rts-eng.html Jump up ^ http://laws-lois.justice.gc.ca/eng/acts/i-3.3/FullText.html Retrieved from `` https://en.wikipedia.org/w/index.php?title=Canada_small_business_tax_rate&oldid=822909240 '' Categories : Corporate taxation Taxation in Canada Hidden categories : Orphaned articles from July 2016 All orphaned articles Articles to be expanded from July 2016 NPOV disputes from September 2016 All NPOV disputes Articles with multiple maintenance issues Talk About Wikipedia Add links This page was last edited on 29 January 2018, at 05 : 25. Text is available under the Creative Commons Attribution - ShareAlike License ; additional terms may apply. By using this site, you agree to the Terms of Use and Privacy Policy. Wikipedia ® is a registered trademark of the Wikimedia Foundation, Inc., a non-profit organization. About Wikipedia

Question: what is the tax rate for small business in canada
Answer: 10.5%