Competitive Business Tax Rates
Alberta has one of the most competitive tax rates in the Country, Strathcona County has one of the most competitive rates in the region, and this combination lays the foundation for the strong, sustainable growth of any investment.
- No provincial or municipal sales tax
- No payroll tax
- No health care premiums
- Low fuel taxes
- Low personal income taxes
- Some of the lowest corporate income taxes in Canada
Business Rankings
The World Bank ranks Canada as the 3rd easiest country in the world to start a business.
Learn More about Business RankingsRegional Tax Mill Rate Comparison 2023
Strathcona County
- Non-residential – 9.6739
- Machinery and Equipment – 9.6739
- Farmland – 4.4006
Parkland County
- Non-residential – 8.6185
- Machinery and Equipment – 8.6.185
- Farmland – 4.3093
Sturgeon County
- Non-residential – 10.7694
- Machinery and Equipment – 10.7694
- Farmland – 9.9201
St. Albert
- Non-residential – 12.53526
- Machinery and Equipment – N/A
- Farmland – 8.22521
Lamont County
- Non-residential – 19.5173
- Machinery and Equipment – 19.573
- Farmland – 17.3472
Edmonton
- Non-residential – 20.8591
- Machinery and Equipment – N/A
- Farmland – 7.0081
Property taxes = Your Assessment x Tax Rate / 1000
One tax rate is “one thousandth of a dollar”
Note: Illustration only displays Municipal Operating tax rates, and does not include other operating and requisitions rates.
Provincial
Alberta boasts a corporate tax rate of 8%, resulting in a combined federal and provincial rate of 23%. This stands as the most competitive tax rate in Canada and ranks among the lowest corporate tax rates in North America.
Federal
In the Edmonton region, the overall corporate income tax rate, which encompasses both federal and provincial components, is 23% for general businesses (15% federal and 8% provincial) and for small businesses with revenues below $500,000, the rate is 11% (9% federal and 2% provincial).
*Data compiled and shared by Edmonton Global