|
In fiscal 2003, RBC Financial Group paid $3.1 billion
in taxes
worldwide. In Canada, our tax expense to all levels of government in
Canada exceeded $2.6 billion. This included more than $2.1 billion in
income taxes and $124 million in capital taxes, as noted below, in addition
to realty and business taxes, payroll taxes (employer portion), goods
and services and sales taxes.
|
|
|
|
 |
 |
 |
|
|
|
|
|
2003 fiscal year (ended October 31, 2003) (C$ thousands) |
 |
|
|
Capital taxes |
|
|
Income taxes |
 |
|
|
|
$ |
1,495,635 |
 |
|
|
|
|
|
 |
Newfoundland and Labrador |
$ |
1,508 |
|
$ |
3,327 |
 |
Prince Edward Island |
$ |
358 |
|
$ |
1,192 |
 |
Nova Scotia |
$ |
4,417 |
|
$ |
17,466 |
 |
New Brunswick |
$ |
2,582 |
|
$ |
8,591 |
 |
Quebec |
$ |
29,012 |
|
$ |
74,312 |
 |
Ontario |
$ |
53,352 |
|
$ |
335,203 |
 |
Manitoba |
$ |
4,662 |
|
$ |
19,308 |
 |
Saskatchewan |
$ |
7,802 |
|
$ |
17,519 |
 |
Alberta |
$ |
– |
|
$ |
48,195 |
 |
British Columbia |
$ |
19,973 |
|
$ |
78,945 |
 |
Yukon, Northwest Territories and Nunavut |
$ |
– |
|
$ |
1,118 |
 |
Provincial sub-total |
$ |
123,666 |
|
$ |
605,176 |
 |
Total |
$ |
123,666 |
|
$ |
2,100,811 |
 |
|
|