Insurance industry – Key tax rates and updates (2023)

Insurance industry: Key tax rates and updates features selected recent tax changes and cases, and tax rates. This year's publication features the following: 

  • Recent tax changes: Selected highlights
  • Recent tax cases
  • Key tax dates
  • Canadian premium and fire tax – Rates and deadlines
  • Sales tax – Rates and deadlines
  • Additional sales tax on insurance premiums – Rates and deadlines
  • Corporate income tax rates for 2023
  • Other federal income tax rates for insurance companies
  • Capital tax rates for 2023

Please note that rates and other information are subject to change due to new or amended legislation, or regulations issued after publication.

Contact us

Jason Swales

Jason Swales

Financial Services Tax Markets Leader, PwC Canada

Tel: +1 416 815 5212

Carl Demers

Carl Demers

Partner, PwC Canada

Brent Murray

Brent Murray

Partner, PwC Law LLP

Tel: +1 416 947 8960

Mike Sturino

Mike Sturino

Partner, PwC Canada

Tel: +1 416 821 8339