Canada - Taxes on income

Taxes on income, profits and capital gains (current LCU)

The value for Taxes on income, profits and capital gains (current LCU) in Canada was 242,729,000,000 as of 2019. As the graph below shows, over the past 29 years this indicator reached a maximum value of 242,729,000,000 in 2019 and a minimum value of 70,620,000,000 in 1991.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1990 70,993,000,000
1991 70,620,000,000
1992 71,767,000,000
1993 70,883,000,000
1994 72,774,000,000
1995 79,088,000,000
1996 86,962,000,000
1997 97,176,000,000
1998 102,531,000,000
1999 111,940,000,000
2000 126,021,000,000
2001 122,455,000,000
2002 116,384,000,000
2003 120,839,000,000
2004 131,626,000,000
2005 140,467,000,000
2006 151,477,000,000
2007 162,310,000,000
2008 161,614,000,000
2009 148,853,000,000
2010 148,935,000,000
2011 162,023,000,000
2012 165,331,000,000
2013 171,886,000,000
2014 183,637,000,000
2015 192,392,000,000
2016 197,245,000,000
2017 210,482,000,000
2018 229,336,000,000
2019 242,729,000,000

Taxes on income, profits and capital gains (% of revenue)

Taxes on income, profits and capital gains (% of revenue) in Canada was 55.78 as of 2019. Its highest value over the past 29 years was 55.78 in 2019, while its lowest value was 47.92 in 1993.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
1990 51.73
1991 49.11
1992 48.28
1993 47.92
1994 47.99
1995 48.82
1996 51.09
1997 51.83
1998 52.56
1999 53.73
2000 54.44
2001 52.89
2002 50.26
2003 50.35
2004 52.51
2005 53.11
2006 54.45
2007 54.83
2008 55.17
2009 53.50
2010 52.77
2011 53.81
2012 53.04
2013 53.14
2014 54.07
2015 54.01
2016 54.36
2017 54.46
2018 55.23
2019 55.78

Taxes on income, profits and capital gains (% of total taxes)

Taxes on income, profits and capital gains (% of total taxes) in Canada was 79.16 as of 2019. Its highest value over the past 29 years was 79.16 in 2019, while its lowest value was 69.50 in 1993.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
1990 72.33
1991 69.89
1992 69.81
1993 69.50
1994 70.29
1995 71.57
1996 72.87
1997 73.55
1998 74.32
1999 75.55
2000 76.68
2001 75.44
2002 72.88
2003 72.80
2004 73.84
2005 74.30
2006 75.83
2007 77.15
2008 78.72
2009 76.99
2010 76.19
2011 77.37
2012 77.57
2013 77.74
2014 77.96
2015 78.01
2016 77.92
2017 77.96
2018 78.53
2019 79.16

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance