AB – 2012 Corporate Tax RatesFor 2012, Alberta will levy a general corporate tax rate of 10%.
Qualifying small business income below the small business threshold
is taxed at the small business rate of 3%. The small business th...
AB – Corporate Net File for 2011 returnsEffective July 8, 2011, the Alberta Tax and Revenue Administration
(TRA) offers Alberta corporate income tax filers the option of
filing returns in electronic format. As the Alberta corporate
incom...
AB – Interest Rates—2012The province of Alberta levies and pays interest on underpayments
and overpayments of tax at rates prescribed by statute and set at
the beginning of each calendar qu...
BC – 2012 Corporate Tax RatesFor 2012, British Columbia will levy a general corporate tax rate
of 10%. The small business threshold is $500,000, and qualifying
small business income under that threshold is taxed at a rate of
2...
BC – Interest Rates—2012The province of British Columbia levies and pays interest at
prescribed rates on underpayments and overpayments of tax with
respect to corporation capital tax, logging tax, and insurance
premium ta...
NT – 2012 Corporate Tax RatesFor 2012, the Northwest Territories will levy a general corporate
tax rate of 11.5%. Qualifying small business income below the small
business limit of $500,000 is taxed at a rate of 4%....
ON – 2012 Corporate Tax RatesAs of January 1, 2012, Ontario levies a general corporate tax rate
of 11.5%, with that rate currently scheduled to be reduced to 11%
effective July 1, 2012.The small business threshold is $500,000,
an...
ON – SR&ED seminar schedule for 2011/12The Ontario Ministry of Revenue, in conjunction with the Canada
Revenue Agency (the CRA), sponsors free seminars which provide
information on scientific research and...
ON – Tax credits and benefits Web site expandedThe Ontario Ministry of Finance has posted on its Web site a
summary of the individual tax credits and benefits currently
provided by the province, together with information on the
individual and f...
QC – 2012 Corporate Tax RatesFor the 2012 tax year, Quebec will levy a corporate tax rate of
11.9% on active business income ineligible for the small business
rate, income from manufacturing and processing, and passive income
...
QC – Prescribed Interest Rates for 2012Revenu Québec has announced the interest rates that will be
levied and paid on amounts owed to and by the government of Quebec
in 2012. The debit and credit interest...
Eco-ENERGY retrofit program ends earlyThe Minister of Natural Resources has announced that, as of January
28, 2012, his department has stopped accepting new registrations
for the federal EcoENERGY retrofit program. The program was orig...
Inflation rate stands at 2.5% for January 2012The latest issue of Statistics Canada’s Consumer Price Index
release shows that prices rose by 2.5% for the month of January
2012, as measured on a year-over-year basis. The rate for
December...
Obtaining tax information slips onlineRecipients of certain types of government benefits, including Old
Age Security, Canada Pension Plan, and Employment Insurance can
obtain the tax information slips (T4A (OAS), T4A(P), T4E) needed
to...
Prescribed interest rates for 2012The Canada Revenue Agency (CRA) has announced the interest rates
that will apply to amounts owed to and by the federal government
for the first quarter of 2012, as w...
