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A New Brunswick resident earned $20,000 in interest income and $10,000 in capital gains. Calculate the total tax paid. Combined marginal tax rates for individuals
A New Brunswick resident earned $20,000 in interest income and $10,000 in capital gains. Calculate the total tax paid. Combined marginal tax rates for individuals in top provincial tax bracket
Provinces/Territories | Interest and Regular Income (%) | Capital Gains (%) | Eligible Dividends (%) | Non-eligible Dividends (%) |
British Columbia | 45.80 | 22.90 | 28.68 | 37.98 |
Alberta | 39.00 | 19.50 | 19.29 | 29.36 |
Saskatchewan | 44.00 | 22.00 | 24.81 | 34.91 |
Manitoba | 46.40 | 23.20 | 32.27 | 40.77 |
Ontario | 49.53 | 24.77 | 33.82 | 40.13 |
Quebec | 49.97 | 24.99 | 35.22 | 39.79 |
New Brunswick | 46.84 | 23.42 | 27.35 | 36.02 |
Nova Scotia | 50.00 | 25.00 | 36.06 | 39.07 |
Prince Edward Island | 47.37 | 23.69 | 28.71 | 38.74 |
Newfoundland and Labrador | 42.30 | 21.15 | 30.20 | 32.08 |
Multiple Choice
$12,710
$11,710
$10,710
$9,710
$8,710
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