Section A of D
Tax and residency Tax year 2026 (latest verified) 2025 Rates verified October 2026.
Tax residency Resident of Canada Non-resident
Province you live in Alberta British Columbia Manitoba New Brunswick Newfoundland and Labrador Northwest Territories Nova Scotia Nunavut Ontario Prince Edward Island Quebec Saskatchewan Yukon Where you lived on December 31.
Province of the corporation Alberta British Columbia Manitoba New Brunswick Newfoundland and Labrador Northwest Territories Nova Scotia Nunavut Ontario Prince Edward Island Quebec Saskatchewan Yukon Where it has a permanent establishment.
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Section B of D
Your business Profit before owner pay is the business profit after every other expense, before any salary or dividend to you and before the employer CPP on your salary. That way nothing is counted twice.
Business structure Incorporated: Canadian-controlled private corporation (CCPC) Other Canadian corporation Sole proprietorship Partnership
Salary and dividends do not apply to an unincorporated business. Sole proprietors and partners are taxed on the business profit itself and pay both halves of CPP on it. Use our
T1 calculator (self-employment step) to estimate the tax, or
talk to us about incorporating .
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Section C of D
Ownership How are the other shareholders paid? The same way as me They take a set salary; dividends split by entitlement Same way: we calculate your share of the corporation.
We do not assume a 50% owner gets exactly half of every dividend. Dividends follow the rights attached to each class of shares, the directors’ resolution and the shareholder agreement.
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Section D of D
Your goals ← Back Calculate my tax strategy →