Northwest Territories Tax Rates

Northwest Territories

2025 Tax Rates

Personal Income Tax — Combined Federal + Provincial

Top marginal rates — 2025
Other income 47.05%Capital gains 23.53%Elig. dividends 28.33%Non-elig. dividends 36.82%
Income Range Other Income Capital Gains Eligible Dividends Non-Elig. Dividends
Up to $51,96420.4%10.2%-8.45%6.18%
$51,964 – $57,37523.1%11.55%-4.72%9.28%
$57,375 – $103,93029.1%14.55%3.56%16.18%
$103,930 – $114,75032.7%16.35%8.53%20.32%
$114,750 – $168,96738.2%19.1%16.12%26.65%
$168,967 – $177,88240.05%20.03%18.67%28.77%
$177,882 – $253,41443.36%21.68%23.24%32.58%
Over $253,41447.05%23.53%28.33%36.82%

Corporate Income Tax

General Rate26.5%Combined fed + prov
Small Business Rate11%CCPC active business income
Business Limit$500,000SB rate applies up to this limit

Integrated Rates — Corporate + Personal

Integration analysis shows the total tax cost when income flows through a corporation and is then distributed to a top-bracket individual shareholder, compared with earning the same income directly as salary.

RouteCorp RateTop Personal RateCombined Integrated Ratevs. Salary
Salary / DirectBaseline47.05%47.05%
Corp (General) → Eligible DividendPublic company or CCPC above limit26.5%28.33%47.32%+0.27%
Corp (CCPC/SB) → Non-Eligible DividendCCPC within small-business limit11%36.82%43.77%−3.28%

All rates are % of actual amount received: dividend rates apply to the actual dividend (not the grossed-up taxable amount) and capital gains rates apply to the total gain (not the 50% taxable inclusion). A negative eligible dividend rate means the dividend tax credit exceeds the gross-up, resulting in a net tax refund on that income. Corporate rates shown are combined federal and Northwest Territories provincial rates and may differ from federal-only figures. The integration analysis compares routes for a top-bracket individual shareholder and is an approximation only; actual results depend on individual circumstances.