Alberta Canada Reduces Corporate Tax Rate to 8%

The government of Alberta Canada has announced that the corporate tax rate has been reduced to 8% (down from 10%) with effect from 1 July 2020. The rate was reduced a year and a half ahead of schedule as part of Alberta's COVID-19 recovery plan.

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Alberta the top business destination in Canada

Alberta's corporate tax rate has dropped to eight per cent, making it by far the lowest rate in Canada and among the most competitive in North America.

By fully implementing the Job Creation Tax…