BC Finance - 2024 Financial and Economic Review - Part 3 Table 3.1 金融审查表格.docxVIP

Table3.1ProvincialTaxes(asofJuly2024)

Typeand

StatuteReference

TaxBase

TaxRate

CharacteristicsandExemptions

Income

—IncomeTaxAct

TaxableIncome:

Corporate

Personal

Generalrate:12%

Smallbusinessrate:2%.

Taxratesof5.06%,7.7%,10.5%,12.29%,14.7%,16.8%and20.5%correspondingtothefollowingtaxbrackets:

$0to$47,937

$47,937.01to$95,875

$95,875.01to$110,076

$110,076.01to$133,664

$133,664.01to$181,232

$181,232.01to$252,752

Over$252,752

TheCanadaRevenueAgencyadministersB.C.spersonalandcorporateincometaxesundertheTaxCollectionAgreementbetwee