Canadian tax?

federal taxes collected canada revenue agency (cra), formerly known "revenue canada" or "canada customs , revenue agency".
under "tax collection agreements", cra collects , remits provinces.

both federal , provincial governments have imposed income taxes on individuals, , these significant sources of revenue levels of government accounting on 40% of tax revenue. federal government charges bulk of income taxes provinces charging lower percentage. income taxes throughout canada progressive high income residents paying higher percentage low income residents.

companies , corporations pay tax on profit income , on capital. these make relatively small portion of total tax revenue. tax paid on corporate income @ corporate level before distributed individual shareholders dividends.

federal government levies multi-stage sales tax of 5% (6% prior january 1, 2008), called goods , services tax (gst), and, in provinces, harmonized sales tax (hst). gst/hst similar value-added tax.all provincial governments except alberta levy sales taxes well.

Business & Finance Taxes Canada Next