TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

TAX-BACK RATE [1 record]

Record 1 1997-03-14

English

Subject field(s)
  • Employment Benefits
  • Taxation
CONT

For workers in general, the guaranteed level of benefit would be set fairly low, and in order to maintain work incentives the tax-back rate would be only 20% of the income of the recipient (that is the payment would be reduced by 20% of the outside income received).

French

Domaine(s)
  • Avantages sociaux
  • Fiscalité
CONT

Le niveau garanti de prestations serait assez bas pour les travailleurs en général et, de façon à inciter au travail, le taux de récupération fiscale se situerait à 20% (autrement dit, seulement 20% du revenu en provenance d'autres sources serait déduit des prestations).

Spanish

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