Amounts payable related to tax
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Amounts payable related to tax are based on assessments as well as estimates of refunds owing for assessments not completed by year end.
| 2019 | 2018 | |
|---|---|---|
| Personal and non-resident income tax | 36,803,289,851 | 35,369,801,219 |
| Corporate income tax | 14,923,539,650 | 13,710,199,662 |
| Goods and services tax | 13,395,173,889 | 12,714,967,677 |
| Customs import duties and excise taxes and duties | 78,483,492 | 80,986,448 |
| Total | 65,200,486,882 | 61,875,955,006 |
Personal and non-resident income tax
This account records tax refunds payable to individual taxpayers as well as amounts payable to employers and other withholders of personal income tax. This account also includes any interest owing on the balances.
Corporate income tax
This account records tax refunds payable and any interest owing to corporate taxpayers.
Goods and services tax
This account records refunds, rebates and any interest owing related to the goods and services tax.
Customs and excise
This account records refunds of customs import duties, excise taxes and duties, energy taxes and any interest owing on the balances.