Quebec

Tax Brackets 2023

This document is up to date as of August 31, 2023 and reflects the status of legislation, including proposed amendments at this date.

For rates in 2024, consult this pdf.

FEDERAL – 2023
$53,359 or less 15%
$53,360 – $106,717 $8,004 + 20.5% on next $53,358
$106,718 – $165,430 $18,942 + 26% on next $58,713
$165,431 – $235,675 $34,208 + 29% on next $70,245
$235,676 and over $54,579 + 33% on excess
  • 15% rate used for AMT.1
  • Quebec abatement is 16.5% of basic federal tax.
  • Indexation rate of 6.3% for 2023.
QUEBEC – 2023
$49,275 or less 14%
$49,276 – $98,540 $6,899 + 20.00% on next $49,265
$98,541 – $119,910 $16,259 + 24.00% on next $21,370
$119,911 and over $21,388 + 25.75% on excess
  • 14% rate used for AMT in 2023.2
  • Indexation rate of 6.44% in 2023.
TAX CREDIT FOR DIVIDENDS FROM CANADIAN CORPORATIONS – 20233
Eligible Dividends4 Ordinary Dividends5
Federal 15.02% 9.03%
Quebec 11.70% 3.42%4

1 20.5% as of 2024. The income on which the AMT applies (AMT base) will be revised as of this date.  
2 15% before that date. Rate increased to 19% and base revised as of 2024.
3 Rates applicable to grossed-up dividends.
4 38% gross-up.
5 15% gross-up
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