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Ontario Rates of Taxation

By on February 26, 2019 in Doing Business in Ontario, Ontario Taxes

Ontario Tax Rate for Individuals Under both federal and Ontario legislation, marginal tax rates apply to individuals. For 2012, the combined federal and Ontario top marginal rate for individuals is 46.41% for ordinary income (such as salary and interest), 23.2% for capital gains and approximately 29.54% for eligible dividends. In the Ontario budget, released March […]

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