Average Tax Rate

by Tax Guy - Burlington Accountant on February 11, 2010 Print This Post Print This Post

The average tax rate is the total taxes divided by total taxable income. The average tax rate would typically include both federal and provincial taxes less federal and provincial tax credits. Be aware that the average tax is not the same as the marginal tax rate.

About The Tax Guy...

Dean Paley CGA CFP is a Burlington accountant and financial planner who services individuals and business owners locally, nationally and internationally. Dean has appeared in the National Post, Toronto Star and Metro News.

To find out more, visit Dean's website Dean Paley CGA CFP or connect via Twitter @DeanPaleyCGACFP.

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