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How much does my business pay for taxes (Montreal, Quebec)?


Im doing a business plan for a school project, and i dont know how much my company would pay for income tax and how that works, what percentages, can someone help me out with that please? and exaplin. Thanks!

2008 FEDERAL INCOME TAX RATES FOR INCOME EARNED BY A CANADIAN--CONTROLLED PRIVATE CORPORATION

Small
Business
Income up to
$400,000 鈥?11%

General
Active
Business
Income 鈥?19.5%


Investment
Income 鈥?34.7%


2008 Quebec PROVINCIAL INCOME TAX RATES
FOR INCOME EARNED BY A CANADIAN--CONTROLLED
PRIVATE CORPORATION

Small
Business
Income up to
$400,000b 鈥?8%

General
Active
Business
Income 鈥?11.4%


Investment
Income 鈥?11.4%


FOR YOUR FURHTER REFERENCE:
http://www.kpmg.ca/en/services/tax/taxra...

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