Paying taxes: Profit tax in Canada
Canada: Paying taxes: Profit tax was 8.0% in 2019. ◆ Volatile
Paying taxes: Profit tax in Canada, 2005–2019
Source: World Bank. Measured in % of profits.
Analysis
Canada recorded 8.0% for paying taxes: profit tax in 2019.
That represents a change of up 105.1% on the previous year and down 65.5% over ten years.
Over the whole period, paying taxes: profit tax in Canada peaked at 27.3% in 2005 and was at its lowest, 1.9%, in 2011.
That places Canada 155th out of 190 countries with data for 2019, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Paying taxes: Profit tax in Canada, year by year
| Year | % of profits | Change |
|---|---|---|
| 2005 | 27.3% | — |
| 2006 | 25.1% | -8.1% |
| 2007 | 25.4% | +1.2% |
| 2008 | 24.8% | -2.4% |
| 2009 | 23.2% | -6.5% |
| 2010 | 3.2% | -86.2% |
| 2011 | 1.9% | -40.6% |
| 2012 | 2.3% | +21.1% |
| 2013 | 3.0% | +30.4% |
| 2014 | 3.9% | +30.0% |
| 2015 | 3.9% | +0.0% |
| 2016 | 3.9% | +0.0% |
| 2017 | 3.8% | -2.6% |
| 2018 | 3.9% | +2.6% |
| 2019 | 8.0% | +105.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 25.2% | 23.2% | 27.3% | 5 |
| 2010s | 3.8% | 1.9% | 8.0% | 10 |
Countries ranked near Canada
More reference data data for Canada
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 2.05 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 3.92 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 20.47 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 2.92 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 20.47 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 6.86 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 7.45 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 22.03 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 99.83 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 15.88 (2050)
Frequently asked questions
- What is paying taxes: profit tax in Canada?
- Paying taxes: profit tax in Canada was 8.0% in 2019, according to the World Bank.
- What is the highest paying taxes: profit tax recorded in Canada?
- The highest recorded value was 27.3% in 2005.
- What is the lowest paying taxes: profit tax recorded in Canada?
- The lowest recorded value was 1.9% in 2011.
- How does Canada rank for paying taxes: profit tax?
- Canada ranks 155th out of 190 countries with data for 2019.
- Is paying taxes: profit tax rising or falling in Canada?
- Over the last ten years it is down 65.5%. The long-run trend across the full record is volatile.
- Where does this Canada data come from?
- The figures come from the World Bank, published as part of Paying taxes: Profit tax (% of profits). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The profit tax measures the amount of income taxes borne by the business in the second year of operation, expressed as a share of commercial pro?t.