Corporate Income Tax Calculator

For all federal and provincial Canadian corporations. Tax rates are determined by the head office location.

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⚠ Please fill in all fields correctly before calculating.

Your Results
Net Profit
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Sales − Expenses
Tax Owing
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Effective rate
After-Tax Income
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Net profit kept
📊 Tax Calculation Breakdown
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If a Canadian corporation is owned more than 50% by a Canadian tax resident or corporation, their tax rate is much lower than if owned by a non-resident person or corporation.
💰 Income Retained After Tax
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— of net profit
How to Pay Your Corporate Tax to CRA
How to Pay Corporate Tax to CRA

Not sure how to remit your corporate tax to the CRA? The video above walks you through the full process, step by step.

Need to lower your tax bill?
Our cross-border tax experts can help you structure your corporation to minimize what you owe — legally.
Email our tax experts at Tax@alaccounting.ca

DISCLAIMER: Online Calculator Tools

Please read this disclaimer carefully before using any of the online calculator tools provided by SAL Accounting Professional Corporation.—–

1.No Professional Relationship or Advice

The use of these online calculators does not create an accountant-client, contractual, or other professional relationship between you and SAL Accounting Professional Corporation. The information and estimations generated by these tools are for informational and illustrative purposes only and do not constitute personalized accounting, tax, financial, or legal advice. They are not a substitute for consulting with a qualified tax professional who is familiar with your specific financial situation.

2.Informational Purposes and Accuracy

The calculations are based on simplified inputs (e.g., Sales, Expenses, Province) and generalized tax rules, such as the Canadian small business deduction limit of $500,000 for Corporate Income Tax, and current provincial/territorial sales tax rates.

No Guarantee of Accuracy: SAL Accounting Professional Corporation does not guarantee the accuracy, completeness, or reliability of any results provided by the calculators. Tax laws, rates, and regulations are complex and subject to frequent change. The tools are based on the tax laws applicable at the time they were designed and cannot account for all variables, future legislative changes, or specific rulings that may affect your actual tax liability or financial outcome.

3. User Data Input

You are solely responsible for the information and data you input into the calculators. SAL Accounting Professional Corporation is not responsible for any errors or consequences that arise from inaccurate, incomplete, or incorrectly entered data.

✔ By using these calculators, you acknowledge that you do so at your own risk and that SAL Accounting Professional Corporation does not take any responsibility for decisions taken as a result of any materials or information provided by it.