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Canada

Northern America · CA · 96 treaties

What is Canada's tax system?

Canada operates a worldwide tax system. This means residents are taxed on their global income.

Tax profile

Corporate income tax 15%
Withholding — dividends 25%
Withholding — interest 25%
Withholding — royalties 25%
VAT / GST (standard) 5%
Personal income (top rate) 53.53%
Capital gains 26.77%
Tax system Worldwide
Residency threshold 183 days
Exit / departure tax Yes
CFC rules Yes
Transfer pricing Oecd Aligned
Digital nomad visa No
Digital services tax none
Global minimum tax (Pillar 2) Implemented

Common questions

What is the top personal income tax rate in Canada?
The top personal income tax rate in Canada is 53.53%.
What is Canada's corporate tax rate?
The corporate tax rate in Canada is 15%.
How are capital gains taxed in Canada?
Capital gains in Canada are taxed at 26.77%.

Tax residency

Moderate

What makes you a tax resident — and how hard it is to stop being one.

Canada is not citizenship-based, and residence usually ends when significant residential ties are cut and the person no longer meets the factual or 183-day deemed-resident rules. It is still moderately hard because the CRA looks at all relevant facts, including continuing ties such as a home, spouse, dependants, and other connections, so leaving is not just a matter of crossing the border.

Source: Canada Revenue Agency

Tax treaty network (125)

In-force double-tax treaty partners. Treaty-reduced withholding (dividends / interest / royalties) shown where the official source publishes a rate; otherwise the country's statutory rate applies unless the treaty text provides a reduction.

PartnerDivIntRoy
Albania
Algeria 15% 15% 15%
Argentina 15% 12.5% 15%
Armenia 15% 10% 10%
Australia 15% 10% 10%
Austria 15% 10% 10%
Azerbaijan 15% 10% 10%
Bangladesh 15% 15% 10%
Barbados 15% 15% 10%
Belgium 15% 10% 10%
Bolivia
Brazil 25% 15% 25%
Bulgaria 15% 10% 10%
Cameroon 15% 15% 15%
Chile 15% 10% 15%
China 15% 10% 10%
Colombia 15% 10% 10%
Costa Rica
Croatia 15% 10% 10%
Cyprus 15% 15% 10%
Czechia 15% 10% 10%
Denmark 15% 10% 10%
Dominican Republic 18% 18% 18%
Ecuador 15% 15% 15%
Egypt 15% 15% 15%
Estonia 15% 10% 10%
Finland 15% 10% 10%
France 15% 10% 10%
Gabon 15% 10% 10%
Germany 15% 10% 10%
Greece 15% 10% 10%
Greenland
Guatemala
Guyana 15% 15% 10%
Hong Kong S.A.R. 15% 10% 10%
Hungary 15% 10% 10%
Iceland 15% 10% 10%
India 25% 15% 20%
Indonesia 15% 10% 10%
Iran
Ireland 15% 10% 10%
Israel 15% 10% 10%
Italy 15% 10% 10%
Ivory Coast 15% 15% 10%
Jamaica 15% 15% 10%
Japan 15% 10% 10%
Jordan 15% 10% 10%
Kazakhstan 15% 10% 10%
Kenya 25% 15% 15%
South Korea 15% 10% 10%
Kuwait 15% 10% 10%
Kyrgyzstan 15% 15% 10%
Latvia 15% 10% 10%
Lebanon 15% 10% 10%
Liberia
Lithuania 15% 10% 10%
Luxembourg 15% 10% 10%
Macao S.A.R
Malaysia 15% 15% 15%
Malta 15% 15% 10%
Mauritius
Mexico 15% 10% 10%
Moldova 15% 10% 10%
Mongolia 15% 10% 10%
Morocco 15% 15% 10%
Netherlands 15% 10% 10%
New Zealand 15% 10% 10%
Nicaragua
Nigeria 15% 12.5% 12.5%
North Macedonia
Norway 15% 10% 10%
Oman 15% 10% 10%
Pakistan 15% 15% 15%
Panama
Papua New Guinea 15% 10% 10%
Paraguay
Peru 15% 15% 15%
Philippines 15% 15% 10%
Poland 15% 10% 10%
Portugal 15% 10% 10%
Qatar
Romania 15% 10% 10%
Russia 15% 10% 10%
Samoa
San Marino
Saudi Arabia
Senegal 15% 15% 15%
Republic of Serbia 15% 10% 10%
Seychelles
Sierra Leone
Singapore 15% 15% 15%
Slovakia 15% 10% 10%
Slovenia 15% 10% 10%
South Africa 15% 10% 10%
Spain 15% 10% 10%
Sri Lanka 15% 15% 10%
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines
Sudan
Suriname
eSwatini
Sweden 15% 10% 10%
Switzerland 15% 10% 10%
Syria
Taiwan 15% 10% 10%
United Republic of Tanzania 25% 15% 20%
Thailand 15% 15% 15%
Trinidad and Tobago 15% 10% 10%
Tunisia 15% 15% 20%
Turkey 20% 15% 10%
Turkmenistan
Uganda
Ukraine 15% 10% 10%
United Arab Emirates 15% 10% 10%
United Kingdom 15% 10% 10%
United States of America 15% 0% 10%
Uruguay
Uzbekistan 15% 10% 10%
Venezuela 15% 10% 10%
Vietnam 15% 10% 10%
Zambia 15% 15% 15%
Zimbabwe 15% 15% 10%
Madagascar 15% 10% 10%
Namibia 15% 10% 10%