View Single Post
05-18-2011, 10:51 AM
Registered User
OpenIceHit's Avatar
Join Date: Oct 2006
Location: Montreal
Posts: 1,707
vCash: 677
At the US federal Level, the tax rate is 35% if your income is more than $373,650 according to :

And in the state of New York, it would another 8% if your income in greater than $200,000 according to :

For a maximum total of 43%. So about 5% more than here in Quebec.

At $5,000,000, you pay about $250,000 more in Quebec.

With our dollar being stronger than theirs and the price of housing way cheaper than in New York, I think taxation rate in Quebec is no longer an excuse.

OpenIceHit is offline   Reply With Quote