Income taxes in Canada represent the largest share of Canadian and provincial governments. Corporate Taxation in Canada includes taxes on corporate income as well as levies paid by corporations to other levels of government in Canada. These additional levies may include insurance premium taxes; employment insurance; Canada Pension Plan payments; Quebec Pension Plan payments; Workers' Compensation and others. Corporations headquartered in Canada are subject to taxes on their worldwide income while those headquartered outside of Canada will be subject to income generated within Canada.
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