Tax Brackets 2017

This document has been updated on October 24th, 2017 and reflects the state of the Law,
including draft amendments, at that date.

FEDERAL – 2017
$45,916 or less 15 %
$45,917 – $91,831 $6,887 +20.5% on next $45,915
$91,832 – $142,353 $16,300 +26% on next $50,522
$142,354 – $202,800 $29,436 +29% on next $60,447
$202,801 and over $46,965 + 33% on excess
  • 15% rate used for AMT.
  • Indexation rate of 1.4% for 2017..
NEW-BRUNSWICK – 2017
$41,059 or less 9,68 %
$41,060 – $82,119 $3,975 + 14.82% on next $41,060
$82,120 – $133,507 $10,060 + 16.52% on next $51,388
$133,508 – $152,100 $18,549 + 17.84% on next $18,593
$152,101 and over $21,866 + 20.30% on excess
  •  AMT of 57% of federal AMT.
  • Indexation rate of 1.4% for 2017.
TAX CREDIT FOR DIVIDENDS FROM CANADIAN CORPORATIONS – 20171
Eligible Dividends2 Ordinary Dividends3
Federal 15,02 % 10,52 %4
New-Brunswick 14,00 %5 3,25 %6

1 Rates applicable to grossed-up dividends.
2 38% gross-up.
3 17 % gross-up, 16% in 2018 and 15% starting in 2019.
4 10,03% in 2018 and 9,03% starting in 2019.
5 Since January 1, 2017 (13.50% in 2016).
6 Since January 1, 2017 (3.63% in 2016).