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Canada vs Honduras
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

πŸ‡¨πŸ‡¦ Canada
vs
πŸ‡­πŸ‡³ Honduras
Tax Year:

πŸ’° Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country β€” side by side.

Enter your annual income above to see your personal tax comparison β†’
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
15–33%
Federal brackets; new govt may revisit top rates
No change
0–25%
25% top; fiscal reform priority
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
5–15%
GST/HST normalized after holiday period
No change
15%
15% ISV maintained
No change
Corporate Tax Rate
Corporate Tax Rate
15%
15% federal; Global Minimum Tax active
No change
25%
25%; Pillar Two considerations
No change
Capital Gains Tax
Capital Gains Tax
~33.3%
2/3 inclusion rate maintained
No change
10%
10% maintained
No change
Social Security & Payroll
Social Security / Payroll
~12.3%
CPP contribution rates stabilizing
No change
~18%
IHSS expansion efforts; formal sector low
No change
State, Regional & Local Taxes

πŸ‡¨πŸ‡¦ Canada β€” Provincial Income & Sales Taxes

Canada's 10 provinces each levy their own income tax (4%–25.75% top). Combined federal+provincial top rates exceed 50% in Quebec, Nova Scotia, and Ontario. Quebec has its own QPP and QST (9.975%). Alberta has no provincial sales tax. HST replaces GST+PST in Atlantic provinces and Ontario. Property taxes are municipal.

πŸ‡­πŸ‡³ Honduras β€” Municipal Taxes

Honduras's 298 municipalities levy the Impuesto Personal sobre la Renta (IPSVR), property tax (on buildings and land), commercial activity tax (impuesto de industria, comercio y servicios at 0.3%–0.5% of gross income), and vehicle tax. Tegucigalpa and San Pedro Sula have the highest municipal charges. The Servicio de AdministraciΓ³n de Rentas (SAR) administers national taxes. Honduras has one of Latin America's highest inequality indices; tax evasion is widespread, particularly in informal sectors.

⚠️ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025–2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Canada vs Honduras: Key Tax Differences (2026)

πŸ’° Income Tax: πŸ‡¨πŸ‡¦ Canada has a higher top income tax rate (15–33% vs 0–25%). πŸ‡­πŸ‡³ Honduras is more favourable for high earners.

πŸ›’ VAT/Sales Tax: Both countries have comparable consumption tax rates (5–15% vs 15%).

🏒 Corporate Tax: πŸ‡¨πŸ‡¦ Canada offers a lower corporate rate (15% vs 25%), which can influence business location decisions.

πŸ“ˆ Capital Gains: πŸ‡­πŸ‡³ Honduras taxes investment gains at a lower rate (10% vs 33.3%), benefiting investors.

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