Canada vs Australia
Corporate Tax Comparison
Time of Update: Canada: 4/04/2026 / Australia: 3/24/2026
Compare Canada and Australia corporate tax rates, filing due dates, withholding tax, VAT, capital gains tax, and effective tax metrics for cross-border company planning.
Canada vs Australia Corporate Tax Comparison
Basic Corporate Tax Comparison
Corporate Income Tax (CIT)
Canada
Australia
General CIT Rate:
Federal corporate income tax: 15%. Provincial and territorial CITs range from 8% to 16%.
General CIT Rate:
30%, with a reduced rate of 25% for small to medium businesses
CIT Return Due Date:
After six months from the end of the company's fiscal year.
CIT Return Due Date:
15th day of the seventh month following the end of the income year
CIT Payment Due Date:
Typically, two months after the end of the company's tax year.
CIT Payment Due Date:
First day of the sixth month following the end of the income year.
CIT Estimated Payment Due Date:
Tax installment payments are usually due on the last day of each month.
CIT Estimated Payment Due Date:
Monthly or quarterly.
Withholding Tax (WHT)
Canada
Australia
Resident Withholding Tax (Dividend/Interest/Royalty):
N/A
Resident Withholding Tax (Dividend/Interest/Royalty):
0/0/0
None-Resident Withholding Tax (Dividend/Interest/Royalty):
25/25/25
None-Resident Withholding Tax (Dividend/Interest/Royalty):
30/10/30
Value-Added Tax (VAT)
Capital Gain Tax (CGT)
Canada
Australia
General Capital Gain Tax Rate:
Half of the capital gains are considered as taxable capital gains, recorded as company income and taxed at the regular tax rate.
General Capital Gain Tax Rate:
Capital gains are subject to the normal CIT rate (30%)
Effective Tax Rate (ETR)
Canada
Australia
Composite Effective Average Tax Rate:
23.74
Composite Effective Average Tax Rate:
28.50%
Composite Effective Marginal Tax Rate:
13.74
Composite Effective Marginal Tax Rate:
28.56%
