In 2015, the government replaced the single-rate personal income tax with five tiers that include a top rate of 15 per cent.
alberta tax reform
The province's corporate income tax rate would drop from 12 per cent to 8 per cent.
The province has one of the highest top personal income tax rates in North America.
Alberta now has the 10th highest top personal income tax rate in Canada or the U.S.
Alberta’s personal income tax return relies on federally-determined income to calculate provincial income.