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Canada vs Romania
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‡΄ Romania
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
10%
10% flat; potential graduated system under IMF/EU pressure
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
5–15%
GST/HST normalized after holiday period
No change
5–19%
19% standard; possible increase for fiscal consolidation
No change
Corporate Tax Rate
Corporate Tax Rate
15%
15% federal; Global Minimum Tax active
No change
16%
16% maintained; micro regime tightening
No change
Capital Gains Tax
Capital Gains Tax
~33.3%
2/3 inclusion rate maintained
No change
10%
10% flat; potential reform
No change
Social Security & Payroll
Social Security / Payroll
~12.3%
CPP contribution rates stabilizing
No change
~37.25%
Contribution reform pending; pension system deficit
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‡΄ Romania β€” Local & County Taxes

Romania's 41 counties (judeţe) and Bucharest municipality do not set income tax — this is nationally set. Municipalities levy local taxes including property tax (impozit pe clădiri, impozit pe teren) and vehicle tax (impozit pe mijloace de transport). Bucharest has higher property tax coefficients than rural areas. A micro-enterprise tax regime (1% or 3% on turnover) applies to small companies instead of standard CIT. Romania has had the EU's lowest flat income tax rate at 10%.

⚠️ 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 Romania: Key Tax Differences (2026)

πŸ’° Income Tax: πŸ‡¨πŸ‡¦ Canada has a higher top income tax rate (15–33% vs 10%). πŸ‡·πŸ‡΄ Romania is more favourable for high earners.

πŸ›’ VAT/Sales Tax: Romania has a higher consumption tax (5–15% vs 5–19%).

🏒 Corporate Tax: πŸ‡¨πŸ‡¦ Canada offers a lower corporate rate (15% vs 16%), which can influence business location decisions.

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

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