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Marginal Personal Tax Rates for 2012 (British Columbia)
| Income |
Salary/Interest |
Capital Gains |
Regular Dividends |
Eligible Dividends |
| $0 to $37,013 |
20.06% |
10.03% |
4.16% |
0.00% |
| $37,013 to $42,707 |
22.70% |
11.35% |
7.46% |
0.00% |
| $42,707 to $74,028 |
29.70% |
14.85% |
16.21% |
6.79% |
| $72,293 to $83,001 |
32.50% |
16.25% |
19.71% |
8.12% |
| $74,028 to $84,993 |
34.29% |
17.15% |
21.95% |
13.12% |
| $85,414 to $103,205 |
38.29% |
19.15% |
26.95% |
18.64% |
| $103,205 to $132,406 |
40.70% |
20.35% |
29.96% |
21.97% |
| Over $132,406 |
43.70% |
21.85% |
33.71% |
26.11% |
Notes:
Beginning with the 2005 tax year, individuals with income of $16,000 or less will get a provincial non-refundable tax credit of $360.
The credit will be reduced by 3.6% of income over $16,000, being reduced to zero at income of $26,000.
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