
Corporate Tax Rates (Federal & Ontario) - 2008
|
Regular (%) |
Investment (%) |
Taxable Income ($ Cdn) |
|
|
0 to 400,000 |
19 |
49 |
400,001 to 500,000 |
28 |
49 |
500,001 and up |
36 |
49 |
Notes:
Mileage Rates |
1st 5,000 km @ $0.52, balance @ $0.46 (Jan '08) |
Automobile Limits |
Capital cost-$30,000 plus tax |
Per Diem Daily Rates |
Meals-$62 |