| FEDERAL – 2024 | |
|---|---|
| $55,867 or less | 15.0% |
| $55,868 – $111,733 | $8,380 + 20.5% on next $55,866 |
| $111,734 – $173,205 | $19,833 + 26.0% on next $61,472 |
| $173,206 – $246,752 | $35,815 + 29.0% on next $73,547 |
| $246,753 and over | $57,144 + 33.0% on excess |
- 20.5% rate used for AMT1.
- Quebec abatement is 16.5% of basic federal tax.
- Indexation rate of 4.7% in 2024.
| QUEBEC – 2024 | |
|---|---|
| $51,780 or less | 14.00% |
| $51,781 – $103,545 | $7,249 + 20.00% on next $51,765 |
| $103,546 – $126,000 | $17,085 + 24.00% on next $22,455 |
| $126,001 and over | $22,474 + 25.75% on excess |
- 19% rate used for AMT in 20242.
- Indexation rate of 5.08% in 2024.
| TAX CREDIT FOR DIVIDENDS FROM CANADIAN CORPORATIONS – 20243 | ||
|---|---|---|
| Eligible Dividends4 | Ordinary Dividends5 | |
| Federal | 15.02% | 9.03% |
| Quebec | 11.70% | 3.42% |
1 Standard $173,206 exemption amount in 2024, indexed annually to inflation as of 2025. Since 2024, the income on which the AMT applies (AMT base) has also been revised.
2 Standard $173,206 exemption amount in 2024, indexed annually to inflation as of 2025. Since 2024, the income on which the AMT applies (AMT base) has also been revised.
3 Rates applicable to grossed-up dividends.
4 38% gross-up.
5 15% gross-up.
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Tax Table Québec 2024
See Tax Table Québec 2024 -
Table I2 – Main Non-Refundable Tax Credits 2024
See Table I2 – Main Non-Refundable Tax Credits 2024 -
Table I3 – Marginal Rates - Québec 2024
See Table I3 – Marginal Rates - Québec 2024 -
Table I4 – Tax Brackets - Québec 2024
See Table I4 – Tax Brackets - Québec 2024