Taxes · CAN
Taxes in Canada
In Canada, the CRA treats cryptocurrency as a commodity. Profits from selling crypto are subject to capital gains tax, with only 50% of the gain included in taxable income at the individual's marginal rate. Income from mining, staking, or receiving crypto as payment is fully taxable as business or employment income. There is no GST/HST on buying or selling cryptocurrency itself.
The tax figures
Tax wedge
32.12 %
Of every €100 an employer spends on an average single worker, about €32 goes to tax and social contributions before pay-out.
10 of 36 countries that publish it · 2025 · see the ranking →
What this measures, and what it does not
The OECD tax wedge: income tax plus employee AND employer social contributions as a share of total labour cost, for a single person at exactly the average wage. It is a comparable type case between countries — not your personal tax rate.
Tax on pay
25.61 %
Of every $100 of gross pay at the average wage in Canada, about $26 goes to income tax and employee social contributions.
21 of 37 countries that publish it · 2025 · see the ranking →
What this measures, and what it does not
The OECD net personal average tax rate: income tax plus the EMPLOYEE’s social contributions as a share of gross wage earnings, for a single person with no children at exactly the average wage. This is the rate you can apply to a salary. It is deliberately smaller than the tax wedge on the same page, which measures a wider bite (it adds the employer’s contributions) over a wider base (total labour cost) — two honest answers to two different questions.
Take-home pay
$50,512 PPP
The average job in Canada pays about $50,512 a year (PPP) after income tax and the employee's social contributions.
11 of 37 countries that publish it · 2025 · see the ranking →
What this measures, and what it does not
Our own calculation: the OECD average annual wage multiplied by (1 − the OECD net personal average tax rate). Both legs share the same denominator — gross wage earnings — which is what makes the multiplication valid; the tax wedge, which is measured against total labour cost including the employer’s contributions, cannot be used this way. It is a comparable type case for a single average earner: not your salary, and not a full net-income figure, since it excludes benefits, deductions and consumption taxes.
Top income tax
53.53 %
33 of 37 countries that publish it · 2025 · see the ranking →
What this measures, and what it does not
The top statutory rate on wage income — what the last euro of a very high salary is taxed at, combining central and typical sub-central rates (OECD). Almost nobody pays this on their whole income: it applies only above the top threshold.
Corporate tax
15.00 %
17 of 96 countries that publish it · 2026 · see the ranking →
What this measures, and what it does not
The statutory (headline) corporate income tax rate from OECD Corporate Tax Statistics. Effective rates after deductions and incentives are typically lower; this is the rate on paper that companies plan around.
The rules, in words
Income tax
Mining rewards, staking income, and crypto received as payment for goods or services are treated as business or employment income and taxed at the individual's full marginal rate, ranging from 20.5% to 33% federally plus provincial tax.
VAT / GST
Exempt. The CRA treats cryptocurrency as a commodity, not currency. Buying or selling crypto itself is generally not subject to GST/HST, though GST/HST may apply to goods or services purchased with crypto.
Capital gains
Only 50% of capital gains are included in taxable income for individuals (the inclusion rate). Gains are taxed at the individual's marginal income tax rate. Note: a proposed increase to 2/3 inclusion rate above CAD 250,000 was announced but not passed into law as of January 2026.
Type case, not tax advice: figures describe a single average earner and standard rates; your situation depends on residency, deductions and local rules. Verify with the tax authority before acting. — Fiatmap