Rates of tax | Glossary of fiscal terms used in Canada

Tax Defenders

Glossary of fiscal terms used in Canada

There are 140 entries in this glossary.
All A B C D E F G H I L N O P Q R S T U W
Term Definition
Rates of tax

Rates of tax - Percentages of income that must be paid as tax. The Department of Finance sets the basic income tax rates, which vary progressively with the amount of income received.

For GST/HST purposes, the GST rate is 5%, while the HST rate is 13 %.
Glossary 2.7 uses technologies including PHP and SQL