Corporate Tax Comparison

Belgium vs Canada

Compare Belgium and Canada corporate tax rates, filing due dates, withholding tax, VAT, capital gains tax, and effective tax metrics for cross-border company planning.

Published — Belgium: 2/14/2024 · Canada: 2/14/2024 · Time of Update — Belgium: 9/30/2026 · Canada: 9/27/2026

Base Country/Region

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Compare Corporate Tax

Belgium

Canada

Basic Corporate Tax Comparison

PwC World Tax Summary OECD Statistics

Published — Belgium: 2/14/2024 · Canada: 2/14/2024 · Time of Update — Belgium: 9/30/2026 · Canada: 9/27/2026

Corporate Income Tax (CIT)

Belgium

Canada

General CIT Rate:

Federal corporate income tax: 15%. Provincial and territorial CITs range from 8% to 15%.

CIT Return Due Date:

The tax return must be filed by 30 September of the tax year for financial years ending between 31 December of the previous year and the last day of February of the tax year; in other cases, by the last day of the seventh month after the end of the financial year. The deadline can be extended for serious reasons or force majeure.

CIT Return Due Date:

After six months from the end of the company's fiscal year.

CIT Payment Due Date:

Under normal circumstances, within two months of issuing the assessment notice.

CIT Payment Due Date:

Typically, two months after the end of the company's tax year.

CIT Estimated Payment Due Date:

(Optional) Quarterly installment payments.

CIT Estimated Payment Due Date:

Tax installment payments are usually due on the last day of each month.

Withholding Tax (WHT)

Belgium

Canada

Resident Withholding Tax (Dividend/Interest/Royalty):

30/30/30

Non-Resident Withholding Tax (Dividend/Interest/Royalty):

30/30/30

Non-Resident Withholding Tax (Dividend/Interest/Royalty):

25/25/25

Value-Added Tax (VAT)

Belgium

Canada

General VAT Rate:

5% - 15%

Learn More Value-Added Tax (VAT)

Capital Gain Tax (CGT)

Belgium

Canada

General Capital Gain Tax Rate:

Capital gains are subject to the normal CIT rate (except capital gains on shares under certain conditions)：25%.

General Capital Gain Tax Rate:

Half of the capital gains are considered as taxable capital gains, recorded as company income and taxed at the regular tax rate.

Effective Tax Rate (ETR)

Belgium

Canada

Composite Effective Average Tax Rate:

25%

Composite Effective Average Tax Rate:

23.74

Composite Effective Marginal Tax Rate:

18%-19%

Composite Effective Marginal Tax Rate:

13.74

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