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Hong Kong vs Canada
Tax Rate Comparison

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

🇭🇰 Hong Kong
vs
🇨🇦 Canada
Tax Year:

💰 Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country — side by side.

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Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
2–17%
Stable; simple territorial system maintained
No change
15–33%
Federal brackets; new govt may revisit top rates
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
0%
No VAT
No change
5–15%
GST/HST normalized after holiday period
No change

Corporate Tax Rate

Corporate Tax Rate
8.25–16.5%
Domestic minimum top-up tax (DMTT) for Pillar Two groups
No change
15%
15% federal; Global Minimum Tax active
No change

Capital Gains Tax

Capital Gains Tax
0%
No CGT
No change
~33.3%
2/3 inclusion rate maintained
No change

Social Security & Payroll

Social Security / Payroll
~10%
MPF review ongoing; voluntary contributions encouraged
No change
~12.3%
CPP contribution rates stabilizing
No change
State, Regional & Local Taxes

🇭🇰 Hong KongNo Sub-Regional Tax Variation

Hong Kong is a Special Administrative Region with a simple, low-tax structure. There are no sub-regional taxes. Profits tax applies only to profits arising in or derived from Hong Kong (territorial basis). Property rates are charged at ~5% of assessed rental value. Estate duty was abolished in 2006. Stamp duty on property has been progressively modified since 2022 to cool/stimulate the market. There is no VAT, capital gains tax, or withholding tax on dividends.

🇨🇦 CanadaProvincial 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.

⚠️ 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.

Hong Kong vs Canada: Key Tax Differences (2026)

💰 Income Tax: 🇨🇦 Canada has a higher top income tax rate (2–17% vs 15–33%). 🇭🇰 Hong Kong is more favourable for high earners.

🛒 VAT/Sales Tax: Canada has a higher consumption tax (0% vs 5–15%).

🏢 Corporate Tax: 🇨🇦 Canada offers a lower corporate rate (15% vs 16.5%), which can influence business location decisions.

📈 Capital Gains: 🇭🇰 Hong Kong taxes investment gains at a lower rate (0% vs 33.3%), benefiting investors.

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All 🇭🇰 Hong Kong comparisons →All 🇨🇦 Canada comparisons →