Trade and Invest British Columbia

Corporate Income Tax Rates

Effective Corporate Income Tax Rates*

Exchange rate for cost comparisons: US$1 = C$1.02

  Content Development Electronics Assembly Biomedical R&D International Business***
Vancouver, British Columbia 

 24.6%

17.5% 

**0.0%

14.9%

San Diego, California

 39.2%

 33.2%

20.3%

40.8%

San Francisco, California

 38.6%

 32.1%

20.1%

40.8%

Seattle, Washington

 33.4%

 28.1%

20.1%

34.9%

Source: KPMG Competitive Alternatives Cost Model; Ministry of Jobs, Tourism and Innovation, 2010

*Income taxes, net of available tax credits, as a share of pre-tax income
**R&D tax credits eliminate all income tax liabilities.
***Registered in the IBA (International Business Act) Program and assumes a maximum of 100 per cent corporate income tax abatement.

 

Asia Pacific Business Centre

Robson Square, Suite 288-800 Hornby St.
Vancouver BC
V6Z 2C5

Tel: 1-604-660-9727
Toll free: 1-888-880-ASIA (2742)
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