In CANADA if you make 100,000 a year before taxes, how much you take home after all deductions?

Question

my guess is between 55,000 and 60,000

Answer 1

Here is what i found and its not good...
Personal federal marginal tax rates…

74,357 - $120,887 over $120,887 26% 29%
http://en.wikipedia.org/wiki/Income_taxes_in_Canada

Provincial / Territorial tax rates 2007
Varies from providence
Newfoundland and Labrador 17.26 % over 59,772
Ontario is the least at 11.16% on the amount over $70,976
The rest are in the middle.
http://www.cra-arc.gc.ca/tax/individuals/faq/taxrates-e.html

By a quick calculation 100K - (29% + 16%) ...
there could be other taxes as well on goods purchased, not accounted for but you'd get roughly 65,000...
THERE is also taxes on Cooperate income: Which may result in the overall pay you get.
Corporations are subject to tax in Canada on their worldwide income if they are resident in Canada for Canadian tax purposes. Corporations not resident in Canada are subject to Canadian tax on certain types of Canadian source income (Section 115 of the Canadian Income Tax Act).

Answer 2

Sue