Combined Federal & Quebec Tax Brackets and Tax Rates 2021 Marginal Tax Rates 2020 Marginal Tax Rates Canadian Dividends Canadian Dividends Other Capital Income Gains Eligible Other 2021 Taxable Income Non- Eligible 2020 Taxable Income Capital Income Gains Eligible Non- Eligible first $45,105 over $45,105 up to $49,020 over $49,020 up to $90,200 over $90,200 up to $98,040 27.53% 13.76% 4.53% 32.53% 16.26% 11.43% 37.12 % 18.56% 17.77% 41.12% 20.56% 23.29% 18.37% first $44,545 27.53% 13.76% 4.53% 17.50% 24.12% over $44,545 up to $48,535 32.53% 16.26% 11.43% 23.25% 29.40% over $48,535 up to $89,080 37.12% 18.56% 17.77% 28.53% 34.00% over $89,080 up to $97,069 41.12% 20.56% 23.29% 33.13% over $98,040 up to $109,755 45.71% 22.86% 29.62% 39.28% over $97,069 up to $108,390 45.71% 22.86% 29.62% 38.41% over $109,755 up to $151,978 47.46% 23.73% 32.04% 41.30% over $108,390 up to $150,473 47.46% 23.73% 32.04% 40.42% over $151,978 up to $216,511(1) 50.23% 25.12% 35.86% 44.48% over $150,473 up to $214,368(1) 50.15% 25.07% 35.75% 43.51% over $216,511 53.31% 26.65% 40.10% 48.02% over $214,368 53.31% 26.65% 40.10% 47.14%