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|
|Newfoundland & Labrador||14.0||5.0||4.0|
|Prince Edward Island||16.0||16.0||1.0|
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.
|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 (%)|
|Newfoundland & Labrador||44.5|
|Prince Edward Island||45.7|