Corporate tax

1 definition found for this term.
Definitions are presented in the order source books were published (most recent first).


Tax on corporate income in Canada. In addition, Canadian corporations pay a variety of taxes and other levies to the various levels of government in Canada. These include capital and insurance premium taxes; payroll levies (e.g., health taxes, Employment Insurance, Canada Pension Plan, Quebec Pension Plan, Workers' Compensation); property taxes; and indirect taxes, such as sales and excise taxes, levied on business inputs.

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