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33 these amounts are adjusted for inflation and other factors in each tax year.
Federal income tax brackets canada. For 2019 and later tax years you can find the federal tax rates on the income tax and benefit return. The most important thing to understand about canada s federal income tax brackets and most provincial brackets other than quebec is that the rates apply only to. You will find the provincial or territorial tax rates on form 428 for the respective province or territory all except quebec. To find the quebec provincial tax rates go to income tax return schedules and guide revenu québec web site.
The following are the federal tax rates for 2020 according to the canada revenue agency cra. How federal tax brackets work.
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