Yukon – Territorial corporation tax

What's new for corporations

Lower tax

The lower rate of Yukon income tax is 3% since July 1, 2014. It was previously 4%. The rate is prorated for tax years that straddle July 1, 2014.

Income eligible for this lower rate is determined using the Yukon business limit of  $500,000.

Higher tax

The higher rate of tax is 15%. This higher rate applies to taxable income earned in the Yukon that does not qualify for the small business deduction.

For more information, see Dual tax rates.

Reporting the tax

You can use Schedule 443, Yukon Corporation Tax Calculation, to help you calculate the Yukon tax before the application of credits. You do not have to file it with your return. See the schedule for more details.

On line 245 of Schedule 5, Tax Calculation Supplementary – Corporations, enter the amount of tax calculated.

Claiming the credits

Forms and publications

Government partners

  • Yukon (territorial site)
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