Small Business Income up to $500,000 | Active Business Income | Investment Income | |
Federal rates | |||
General corporate rate | 38.0% | 38.0% | 38.0% |
Federal abatement | (10.0) | (10.0) | (10.0) |
28.0 | 28.0 | 28.0 | |
Small business deduction | (19.0) | 0 | 0 |
Rate reduction | 0 | (13.0) | 0 |
Refundable tax | 0 | 0 | 10.7 |
9.0 | 15.0 | 38.7 | |
Provincial rates | |||
British Columbia | 2.0% | 12.0% | 12.0% |