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Canada vs United States: tax rates compared
Canada's income tax rate is 9.8pp higher than United States's (53.5% vs 43.7%). The 200-country average is 28%: both sit above it.
Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | CA | US | Difference |
|---|---|---|---|
| Income Tax | 53.5% | 43.7% | CA +9.8 pplargest gap |
| Corporate Tax | 26% | 25.6% | CA +0.4 pp |
| Capital Gains Tax | 27.4% | 20% | CA +7.4 pp |
| Crypto Tax | 27.4% | 20% | CA +7.4 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Canada | 53.5% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| United States | 43.7% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | +9.8 pp | Canada higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Canada | 26% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| United States | 25.6% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +0.4 pp | Canada higher |
Canada's corporate tax rate is 0.4pp higher than United States's (26% vs 25.6%). The 201-country average is 22.6%: both sit above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Canada | 27.4% | Source: PWC Worldwide Tax Summaries — Canada (Individual, Taxes on personal income) · as of 2026-06-12 |
| United States | 20% | Source: PWC Worldwide Tax Summaries — United States (Individual, Other taxes) · as of 2025-01-01 |
| Difference | +7.4 pp | Canada higher |
Canada's capital gains tax rate is 7.4pp higher than United States's (27.4% vs 20%). The 175-country average is 10.3%: both sit above it. Canada's figure is dated 2026-06-12 and United States's 2025-01-01, so the two rates come from different data vintages.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Canada | 27.4% | Source: Canada Revenue Agency — Guide for cryptocurrency users and tax professionals · as of 2023-12-13 |
| United States | 20% | Source: IRS Publication 550 (2025), Investment Income and Expenses · as of 2025-01-01 |
| Difference | +7.4 pp | Canada higher |
Canada's crypto tax rate is 7.4pp higher than United States's (27.4% vs 20%). The 88-country average is 13%: both sit above it. Canada's figure is dated 2023-12-13 and United States's 2025-01-01, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Canada | 0% | Source: PWC Worldwide Tax Summaries — Canada (Individual, Other taxes) · as of 2026-06-12 |
| United States | 0% | Source: PWC Worldwide Tax Summaries — United States (Individual, Other taxes) · as of 2026-03-18 |
| Difference | 0 pp | displayed rates match |
Canada's wealth tax rate is identical to United States's — both sit at 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: VAT.