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Taxes on Income, Profits and Capital Gains (Local Currency) in Canada

Source: World Bank
Last Updated: July 1, 2023

Taxes on income, profits and capital gains reached CAD 232 bil in 2020 in Canada, according to the National Statistical Office. This is 0.583% more than in the previous year.

Historically, taxes on income, profits and capital gains in Canada reached an all time high of CAD 232 bil in 2020 and an all time low of CAD 70.6 bil in 1991.

Canada has been ranked 45th within the group of 109 countries we follow in terms of taxes on income, profits and capital gains.

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