The Red Deer Region consistently ranks as having the lowest combined property tax and utility overhead costs for businesses in Canada.

• Municipalities in the Region do not have business taxes.
• Alberta has one of the most competitive tax environments in North America.
• In 2009, combined federal and provincial corporate income tax was 29 per cent for general business and 14 per cent for small businesses.
• Alberta has no provincial capital taxes, and no sales tax, a refundable research and development tax credit and has a publicly funded heath care insurance system making Alberta’s tax environment very competitive.
• Alberta has no provincial capital or payroll taxes, which are common in many other provinces and U.S. states

All corporate residents in Canada are subject to income tax levied upon income earned within the taxation year from all sources, worldwide.

The owners of proprietorships and partnerships are required to record earnings as self-employed income in their personal income tax return. Corporations are required to file a return separate from the owner's personal tax return.

Corporations located in Alberta must submit separate income tax returns to the Federal government and to the Alberta government. Foreign companies with individuals or branches operating in Canada are liable for Canadian income tax on profits derived from their Canadian business operations.

For further information on Alberta Corporate Tax, contact Alberta Finance.

For more information about residential taxes for The City of Red Deer and Red Deer County, please refer to Municipal Taxes section.