Not a Latitax destination
Canada
Worldwide tax at up to ~54% combined, and leaving triggers departure tax: a deemed sale of most worldwide assets at market value on the day residence ends, so arrive with a stepped-up base and plan the exit before you come.
Income tax, top rate
Secondary33% federal; ~53.5% combined (Ontario)
Federal top rate 33% plus provincial tax; combined top rate varies by province, roughly 44.5% (Nunavut) to ~54% (Newfoundland, Nova Scotia).
Source: PwC Worldwide Tax Summaries - Canada · checked 2026-09-29Capital gains
Secondary50% of the gain taxed; ~26.8% effective (Ontario)
The proposed rise to a two-thirds inclusion rate was cancelled in 2025; inclusion stays at 50%.
Source: PwC Worldwide Tax Summaries - Canada · checked 2026-09-29Corporate
Secondary26.5% (15% federal + 11.5% Ontario)
Small-business rate on the first CAD 500,000 of active income is much lower (~12.2% in Ontario).
Source: PwC Worldwide Tax Summaries - Canada · checked 2026-09-29Inheritance
SecondaryNone (deemed sale at death)
No estate tax, but death is a deemed disposal of capital property at market value, taxed as a capital gain.
Source: PwC Worldwide Tax Summaries - Canada · checked 2026-09-29VAT
Secondary5% GST (HST up to 15%)
Harmonised sales tax in some provinces takes the combined rate to 13-15%.
Source: PwC Worldwide Tax Summaries - Canada · checked 2026-09-29Looking for somewhere that works?
See the jurisdictions where a lawful move genuinely cuts tax.
See the right countries- s1PwC Worldwide Tax Summaries - Canadasecondary · checked 2026-09-29
- s2GOV.UK - Tax treatiesprimary · checked 2026-09-29