Yukon dividend tax, 2026

At the top bracket, Yukon taxes eligible Canadian dividends at 28.93% against 48.00% on ordinary income — an advantage of 19.07 points for holding the same money as dividends rather than as interest or salary.

Top eligible dividend rate: 28.93%
Rank of 13: 2; 1 is the lowest rate
First bracket to: $58,523

Every bracket

Taxable income up to	Eligible dividends	Non-eligible	Capital gains	Ordinary income
$58,523	-9.16%	12.30%	10.20%	20.40%
$117,045	3.40%	22.77%	14.75%	29.50%
$181,440	13.61%	31.28%	18.45%	36.90%
$258,482	20.95%	37.39%	21.11%	42.22%
$500,000	25.89%	41.51%	22.90%	45.80%
and above	28.93%	44.04%	24.00%	48.00%

Reading these figures

Dividend rates apply to the dividend actually received, not to the grossed-up amount — the 38% gross-up and the dividend tax credit are already inside them. Capital gains rates apply to the whole gain, not the taxable half. Applying either adjustment again double-counts it.

Nationally

Yukon ranks 2 of 13 on the top eligible dividend rate, where 1 is lowest. The range runs from 28.33% (Northwest Territories) to 46.20% (Newfoundland and Labrador). Compare all 13.

The threshold above these

Marginal rate is not the whole cost. Above $95,323 of net income, Old Age Security is recovered at 15% — and net income counts the grossed-up dividend, so eligible dividends reach that threshold on roughly 28% less cash than other income does. How that works.

Transcribed 2026-08-06 from a published rate table (source); the underlying brackets and credit rates are set federally and by the province (official figures). Machine-readable: rates.json.