The Withholding Tax Rate in Canada stands at 25 percent. Withholding Tax Rate in Canada averaged 25.00 percent from 2022 until 2025, reaching an all time high of 25.00 percent in 2023 and a record low of 25.00 percent in 2023. source: Canada Revenue Agency



Related Last Previous Unit Reference
Corporate Tax Rate 26.50 26.50 percent Dec 2026
Personal Income Tax Rate 33.00 33.00 percent Dec 2026
Sales Tax Rate 5.00 5.00 percent Dec 2026
Social Security Rate 15.81 15.84 percent Dec 2026
Social Security Rate For Companies 8.23 8.25 percent Dec 2026
Social Security Rate For Employees 7.58 7.59 percent Dec 2026
Withholding Tax Rate 25.00 25.00 percent Dec 2025


Canada Withholding Tax Rate
In Canada, the withholding tax rate is a tax collected from companies. It applies to businesses when they make payments to other business entities or individuals, e.g., in the form of dividends, interest, and royalties. The benchmark we use refers to the standard withholding tax rate on interest for non-residents. Revenues from the withholding tax rate are an important source of income for the government of Canada.
Actual Previous Highest Lowest Dates Unit Frequency
25.00 25.00 25.00 25.00 2022 - 2025 percent Yearly
NSA