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Tax Facts 2020-21

Tax Facts 2020-21

Quick tax information for corporations and individuals

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Lucy Iacovelli

Canadian Managing Partner for Tax and Chief Administrative Officer (CAO) of KPMG Law LLP

KPMG in Canada

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Tax Facts 2019-2020 - Leaf

Quick access to the latest tax figures plays a key role in meeting reporting deadlines and remaining abreast of constant tax changes. Tax Facts online, which is current to April 30, 2020 (unless otherwise noted), offers clear and concise answers to your tax and financial planning questions.

This year’s Tax Facts covers:

  • Temporary tax deadline extensions and select financial measures implemented in response to COVID-19 in Canada and the U.S.
  • Canadian and U.S. corporate income tax rates
  • Individual combined top marginal tax rates for salary, interest, capital gains and dividends
  • Federal and provincial personal tax rates, brackets, surtaxes and credits
  • Federal and provincial sales tax rates
  • Payroll and health taxes

This online version of Tax Facts is updated throughout the year as tax changes occur. You can also get the latest corporate and personal tax rates from KPMG’s tax tables.

Canadian Tax Tables
Information in these tables is current as of September 30, 2020.

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