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Taxes on Income, Profits and Capital Gains (As % of Revenue) in Canada

Source: World Bank
Last Updated: July 1, 2023

Taxes on income, profits and capital gains as a share of revenue reached 55.8% in 2020 in Canada, according to the National Statistical Office. This is 2.33% more than in the previous year.

Historically, taxes on income, profits and capital gains as a share of revenue in Canada reached an all time high of 55.8% in 2020 and an all time low of 47.9% in 1993.

Canada has been ranked 2nd within the group of 109 countries we follow in terms of taxes on income, profits and capital gains as a share of revenue.

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