If operating income is $5,080,686, how much tax is this subject to in Canada?
I think it would be around 40 % It would probably be pretty high. I don’t know the exact # though
All I could find is 20% for the first 200,000, and around 33% after that.
I am not the expert on these sort of things.In fact, this information was told to me in passing. I do not know how much it is. I think the information would probably be on wikipedia or somewhere on google. I hope you find the information! Good luck
Aren’t there gov’t taxes and separate additional provincial taxes? My daughter now lives in BC and complains bitterly about the VAT on everything.