The Canadian tax structure is usually progressive. This means that the more money you earn, the higher the tax that you will pay.
Yes, Canada does have an Alternative Minimum Tax.
Yes, like most countries, there are taxes in Canada.
no, Manitoba is the most highly tax province in Canada
cause its your right
The Goods and Services Tax (GST) was introduced in Canada on January 1, 1991.
13 cents per dollar
What is Progressive Tax Structure
currently in Canada there is no inheritance tax but they are pruposing such a tax for amounts over $ 1 Million
progressive tax
Some of the tax software is the same for Canada as the United States such as Turbo Tax. They have one that is called Dr. Tax that is exclusive to Canada.
do you have to pay tax on inheritance
There are a couple tax software companies that offer free downloads such as Tax Act and Turbo Tax. They work for Canada but you have to pay their fees at the end.
Yes, Canada does have an Alternative Minimum Tax.
There are four main elements to the current federal tax structure. These are individual and corporation tax, payroll taxes, estate and gift tax, and excise taxes on specific goods and services.
Progressive
That depends on the level of tax.
There are a few tax software that will work in Canada for free, but most are paid. TurboTax Canada is a good site to download free Tax software, for it has easy to use instructions and simple actions.