Corporate Income Tax
How do I find out how much Corporate Income Tax I owe?
For Canadian-controlled private corporations, the first $500,000 of their active business income is subject to the small business rate of 4%. Any income over this threshold is subject to the general rate of 11.5%. Canada Revenue Agency Corporate Income Tax Information.
Who do I contact if I have questions about Corporate Income Tax?
The Canada Revenue Agency (CRA) administers the NWT Income Tax Act. Should you have questions regarding your tax return or your account, please contact the CRA toll-free at 1.800.959.5525.
For more information, you can also refer to: