Manitoba – Provincial corporation tax


Important notice

The 2016-06-31 Manitoba budget did NOT confirm the increase in the business limit that was previously announced in the Economic and Fiscal Outlook, March 2016. Go to What's new for corporations

What's new for corporations

Lower rate

The lower rate of Manitoba income tax is 0%.

The income eligible for the lower rate is determined using the Manitoba business limit. The Manitoba business limit is:

  • $450,000 effective January 1, 2016;
  • $425,000 effective January 1, 2014;
  • $400,000 before January 1, 2014.

The business limit is prorated for tax years that straddle these dates.

Higher rate

The higher rate of Manitoba income tax is 12%.

This rate applies to all income not eligible for the lower rate.

For more information, see Dual tax rates.

Reporting the tax

You can use Schedule 383, Manitoba Corporation Tax Calculation, to help you calculate your Manitoba tax before the application of credits. You do not have to file it with the return. See the schedule for more details.

On line 230 of Schedule 5, Tax Calculation Supplementary – Corporations, enter the amount of tax calculated.

Claiming the credits

Manitoba offers different tax credits. Details of each credit can be found in the following pages and their associated schedules:

Forms and publications

Government partners

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