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- Stats in brief: 11-001-X201800817781Description: Release published in The Daily – Statistics Canada’s official release bulletinRelease date: 2018-01-08
- 2. Income tax by economic family type ArchivedTable: 11-10-0164-01Frequency: AnnualDescription: Income tax by economic family type (average, share and implicit income tax rate).Release date: 2015-12-17
- Table: 11-10-0174-01Frequency: AnnualDescription: Government transfers and income tax (average and share).Release date: 2015-12-17
- Table: 11-10-0178-01Frequency: AnnualDescription: Government transfers and income tax of individuals, adjusted.Release date: 2015-12-17
- 5. A Profile of High Income Canadians ArchivedArticles and reports: 75F0002M2007006Description: This study uses administrative tax data and the Survey of Financial Security to explore trends in the number and characteristics of high-income Canadians, as well as their wealth and effective income tax rates, from 1982 to 2004. The paper uses a range of thresholds to delineate high income and emphasizes statistics on the top 5%, 1%, 0.1% and 0.01% of tax filers.
The study found that an individual income of $89,000 was needed to be counted among the top 5% if income recipients in 2004. A family income of $154,000 would place one in the top 5% of families. The growth in incomes at the high end has been quite rapid while incomes of the majority of the population remained stable. Compared with the U.S., Canada had significantly fewer high-income recipients in 2004, and their incomes were considerably less. Higher-income individuals tend to be middle aged married males that live in the larger urban centres. While women have made up a larger portion on the top 5% of tax filers since 1982, they have not made gains in the very highest income groups. High income Canadians have roughly the same share of total wealth as they do of total income.
High income Canadians, in line with an increasing share of total income, have been paying an increasing share of total personal income taxes. Their share of total income increased from 21% to 25% between 1992 and 2004 while their share of income taxes paid increased from 30% to 36%. At the same time their effective tax rate dropped from 29% to 27%. Thus despite lower tax rates the increase in incomes was large enough, when combined with the progressive tax system, to result in an increased share of total taxes paid by high income Canadians. There is considerable heterogeneity in effective tax rates at the individual level with some high income individuals facing an effective tax rate of over 45%, while some pay as little as 10%. The proportion of tax filers, across the income distribution, who pay zero taxes decreased between 1992 and 2004.
Release date: 2007-09-24 - 6. The GST credit ArchivedArticles and reports: 75-001-X200610613166Geography: CanadaDescription:
The GST (goods and services tax) provided $30.6 billion to the federal government in 2003. Of this, $2.9 billion was paid back as a credit to taxfilers aged 16 and older based on their income. How many individuals receive the GST credit, and who are they? Does this credit help to redistribute income?
Release date: 2006-09-19 - 7. Analysis of Income in Canada ArchivedJournals and periodicals: 75-203-XGeography: Province or territoryDescription:
This annual publication is derived from Income in Canada, catalogue no. 75-202-X. It presents short analyses on families' income. The main components of family incomes are: market income, government transfers, total income, income tax, income after tax and low income.
Analysis of Income in Canada is replaced by the now offered for free publication Income in Canada, catalogue number 75-202-XIE with issue 2003.
Release date: 2004-05-20
Data (3)
Data (3) ((3 results))
- 1. Income tax by economic family type ArchivedTable: 11-10-0164-01Frequency: AnnualDescription: Income tax by economic family type (average, share and implicit income tax rate).Release date: 2015-12-17
- Table: 11-10-0174-01Frequency: AnnualDescription: Government transfers and income tax (average and share).Release date: 2015-12-17
- Table: 11-10-0178-01Frequency: AnnualDescription: Government transfers and income tax of individuals, adjusted.Release date: 2015-12-17
Analysis (4)
Analysis (4) ((4 results))
- Stats in brief: 11-001-X201800817781Description: Release published in The Daily – Statistics Canada’s official release bulletinRelease date: 2018-01-08
- 2. A Profile of High Income Canadians ArchivedArticles and reports: 75F0002M2007006Description: This study uses administrative tax data and the Survey of Financial Security to explore trends in the number and characteristics of high-income Canadians, as well as their wealth and effective income tax rates, from 1982 to 2004. The paper uses a range of thresholds to delineate high income and emphasizes statistics on the top 5%, 1%, 0.1% and 0.01% of tax filers.
The study found that an individual income of $89,000 was needed to be counted among the top 5% if income recipients in 2004. A family income of $154,000 would place one in the top 5% of families. The growth in incomes at the high end has been quite rapid while incomes of the majority of the population remained stable. Compared with the U.S., Canada had significantly fewer high-income recipients in 2004, and their incomes were considerably less. Higher-income individuals tend to be middle aged married males that live in the larger urban centres. While women have made up a larger portion on the top 5% of tax filers since 1982, they have not made gains in the very highest income groups. High income Canadians have roughly the same share of total wealth as they do of total income.
High income Canadians, in line with an increasing share of total income, have been paying an increasing share of total personal income taxes. Their share of total income increased from 21% to 25% between 1992 and 2004 while their share of income taxes paid increased from 30% to 36%. At the same time their effective tax rate dropped from 29% to 27%. Thus despite lower tax rates the increase in incomes was large enough, when combined with the progressive tax system, to result in an increased share of total taxes paid by high income Canadians. There is considerable heterogeneity in effective tax rates at the individual level with some high income individuals facing an effective tax rate of over 45%, while some pay as little as 10%. The proportion of tax filers, across the income distribution, who pay zero taxes decreased between 1992 and 2004.
Release date: 2007-09-24 - 3. The GST credit ArchivedArticles and reports: 75-001-X200610613166Geography: CanadaDescription:
The GST (goods and services tax) provided $30.6 billion to the federal government in 2003. Of this, $2.9 billion was paid back as a credit to taxfilers aged 16 and older based on their income. How many individuals receive the GST credit, and who are they? Does this credit help to redistribute income?
Release date: 2006-09-19 - 4. Analysis of Income in Canada ArchivedJournals and periodicals: 75-203-XGeography: Province or territoryDescription:
This annual publication is derived from Income in Canada, catalogue no. 75-202-X. It presents short analyses on families' income. The main components of family incomes are: market income, government transfers, total income, income tax, income after tax and low income.
Analysis of Income in Canada is replaced by the now offered for free publication Income in Canada, catalogue number 75-202-XIE with issue 2003.
Release date: 2004-05-20
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