The Alberta Corporate Tax – Calgary Corporate Accounting Services
Whether you're an individual or a small business in Calgary, the Alberta Corporate Tax can be one of the most important taxes you need to pay. The Alberta Corporate Tax is a tax on all income earned by a private Canadian corporation. Small business tax rate Generally, there are two types of taxable income: personal income and business income. The rate of taxation varies from zero to three percent. There are also different rates for manufacturing and retail businesses. Some provinces have their own limits on business income. In most provinces, a small business is defined as a corporation that…