Taxes

Taxes

Alberta offers one of the most competitive tax environments in Canada.
Albertans benefit from:

  • No retail provincial sales tax, provincial general capital tax or payroll tax
  • Low personal tax rate of 10%
  • Some of the lowest gasoline tax rates and property taxes

Alberta also offers a competitive corporate tax rate for manufacturers and no machinery or equipment tax.Alberta offers one of the most competitive tax environments in Canada. Albertans benefit from:

Provincial Corporate Income Tax Rates (%)

 Province General Mfg & Processing Small Business
 Alberta  10.0  10.0  3.0
 British Columbia  10.0  10.0  2.5
 New Brunswick  10.0  10.0  5.0
 Quebec  11.9  11.9  8.0
 Manitoba  12.0  12.0  0.0
 Saskatchewan  12.0  10.0  2.0
 Ontario  11.5 10.0  4.5
 Newfoundland & Labrador  14.0 5.0  4.0
 Prince Edward Island  16.0  16.0  1.0
 Nova Scotia  16.0  16.0  4.5
 Federal  16.5  16.5  11.0

Source: Canada Revenue Agency, PWC Tax News Network and Federation of Tax Administrators via Alberta Canada.

2012 Municipal Tax Rates

The following are the 2012 municipal tax rates for the communities in Southeast Alberta. Click on a community for more information.

Residential Non-Residential
 County of 40 Mile No.8  8.4000  8.4000
 Cypress Country (2011 rates)  5.3825  7.1412
 Town of Bow Island  9.6975  14.3345
 Town of Redcliff  7.8866  15.0839

Personal Income Tax Rates 2011

Alberta has the lowest personal income tax rate in Canada.

 Province   Tax Rate (%)
 Alberta 39.0
 British Columbia 43.7
 New Brunswick 41.7
 Quebec 48.2
 Manitoba 46.4
 Saskatchewan 44.0
 Ontario 40.2
 Newfoundland & Labrador 44.5
 Prince Edward Island 45.7
 Nova Scotia 50.0