@equisoft/tax-ca 2021.4.0 → 2022.0.0

package/README.md

@@ -83,6 +83,7 @@ Data relating to federal and provincial income taxes and social charges.
 
 ```
 TAXES
+  |--DividendCredit
   |--EmploymentInsurance
   |--IncomeTax
   |--QuebecParentalInsurancePlan

package/dist/investments/life-income-fund.d.ts

@@ -1,10 +1,10 @@
-import { FederalCode, ProvinceCode } from '../misc/code-types';
+import { FederalCode, ProvinceCode } from '../misc';
 interface MaxWithdrawalPctByAge {
     [key: number]: number;
 }
 export declare const province1MaxWithdrawalPct: MaxWithdrawalPctByAge;
 export declare const province2MaxWithdrawalPct: MaxWithdrawalPctByAge;
-export declare const federalMaxWithdrawalPct: MaxWithdrawalPctByAge;
 export declare const othersMaxWithdrawalPct: MaxWithdrawalPctByAge;
+export declare const federalMaxWithdrawalPct: MaxWithdrawalPctByAge;
 export declare function getMaxWithdrawalPct(jurisdiction: ProvinceCode | FederalCode, age: number): number;
 export {};

package/dist/investments/life-income-fund.js

@@ -1,17 +1,21 @@
 "use strict";
+// tslint:disable:max-line-length
 /*
-Sources:
-  Federal: http://www.osfi-bsif.gc.ca/Eng/pp-rr/faq/Pages/lif-frv.aspx
+Sources
   Provincial: https://www.empire.ca/sites/default/files/2020-02/INV-996A-LIFMinMaxWithdrawalPercentages-EN-web_0.pdf
+              https://ca.rbcwealthmanagement.com/documents/634020/2289317/2021+-+Registered+Plan+Minimums+and+Maximums.pdf/ded97359-099d-4650-b626-67358d78f3af
+  Federal: http://www.osfi-bsif.gc.ca/Eng/pp-rr/faq/Pages/lif-frv.aspx
 
-Revised 2020-12-21
+Revised
+  2021-12-21
 */
+// tslint:enable:max-line-length
 Object.defineProperty(exports, "__esModule", { value: true });
-exports.getMaxWithdrawalPct = exports.othersMaxWithdrawalPct = exports.federalMaxWithdrawalPct = exports.province2MaxWithdrawalPct = exports.province1MaxWithdrawalPct = void 0;
-const math_1 = require("../utils/math");
+exports.getMaxWithdrawalPct = exports.federalMaxWithdrawalPct = exports.othersMaxWithdrawalPct = exports.province2MaxWithdrawalPct = exports.province1MaxWithdrawalPct = void 0;
+const utils_1 = require("../utils");
 /* Alberta (AB), British Columbia (BC), Ontario (ON), New Brunswick (NB),
  Newfoundland and Labrador (NL), Saskatchewan (SK)
- */
+*/
 exports.province1MaxWithdrawalPct = {
     54: 0.0640,
     55: 0.0645,
@@ -90,46 +94,6 @@ exports.province2MaxWithdrawalPct = {
     88: 0.1890,
     89: 0.2000,
 };
-// Federal
-exports.federalMaxWithdrawalPct = {
-    54: 0.040251,
-    55: 0.040662,
-    56: 0.041107,
-    57: 0.041589,
-    58: 0.042113,
-    59: 0.042683,
-    60: 0.043304,
-    61: 0.043983,
-    62: 0.044726,
-    63: 0.045541,
-    64: 0.046438,
-    65: 0.047429,
-    66: 0.048526,
-    67: 0.049746,
-    68: 0.051107,
-    69: 0.052635,
-    70: 0.054357,
-    71: 0.056309,
-    72: 0.058538,
-    73: 0.061102,
-    74: 0.064077,
-    75: 0.067563,
-    76: 0.071699,
-    77: 0.076427,
-    78: 0.081883,
-    79: 0.088251,
-    80: 0.095777,
-    81: 0.104811,
-    82: 0.115855,
-    83: 0.129661,
-    84: 0.147416,
-    85: 0.171091,
-    86: 0.20424,
-    87: 0.253968,
-    88: 0.336854,
-    89: 0.502636,
-    90: 1,
-};
 // Others: Northwest Territories (NT), Nunavut (NU), Prince Edward Island (PE), Yukon (YT)
 exports.othersMaxWithdrawalPct = {
     54: 0.0270,
@@ -176,6 +140,45 @@ exports.othersMaxWithdrawalPct = {
     95: 0.1879,
     96: 0.2000,
 };
+// Federal
+exports.federalMaxWithdrawalPct = {
+    54: 0.044832,
+    55: 0.045301,
+    56: 0.045808,
+    57: 0.046359,
+    58: 0.046957,
+    59: 0.047608,
+    60: 0.048318,
+    61: 0.049094,
+    62: 0.049944,
+    63: 0.050878,
+    64: 0.051907,
+    65: 0.053045,
+    66: 0.054306,
+    67: 0.05571,
+    68: 0.05728,
+    69: 0.059044,
+    70: 0.061036,
+    71: 0.0633,
+    72: 0.06589,
+    73: 0.068878,
+    74: 0.072356,
+    75: 0.076448,
+    76: 0.08113,
+    77: 0.086536,
+    78: 0.092849,
+    79: 0.100316,
+    80: 0.109283,
+    81: 0.12025,
+    82: 0.133967,
+    83: 0.151612,
+    84: 0.175151,
+    85: 0.208118,
+    86: 0.257586,
+    87: 0.340054,
+    88: 0.505024,
+    89: 1,
+};
 function getMaxWithdrawalPct(jurisdiction, age) {
     switch (jurisdiction) {
         case 'AB':
@@ -184,15 +187,15 @@ function getMaxWithdrawalPct(jurisdiction, age) {
         case 'NB':
         case 'NL':
         case 'SK':
-            return exports.province1MaxWithdrawalPct[math_1.clamp(age, 54, 90)];
+            return exports.province1MaxWithdrawalPct[utils_1.clamp(age, 54, 90)];
         case 'QC':
         case 'MB':
         case 'NS':
-            return exports.province2MaxWithdrawalPct[math_1.clamp(age, 54, 89)];
+            return exports.province2MaxWithdrawalPct[utils_1.clamp(age, 54, 89)];
         case 'CA':
-            return exports.federalMaxWithdrawalPct[math_1.clamp(age, 54, 90)];
+            return exports.federalMaxWithdrawalPct[utils_1.clamp(age, 54, 89)];
         default:
-            return exports.othersMaxWithdrawalPct[math_1.clamp(age, 54, 96)];
+            return exports.othersMaxWithdrawalPct[utils_1.clamp(age, 54, 96)];
     }
 }
 exports.getMaxWithdrawalPct = getMaxWithdrawalPct;

package/dist/investments/registered-retirement-income-fund.js

@@ -1,10 +1,11 @@
 "use strict";
 // tslint:disable:max-line-length
 /*
-Sources:
+Sources
     http://www.getsmarteraboutmoney.ca/en/managing-your-money/investing/rrifs-and-annuities/Pages/Making-withdrawals-from-your-RRIF.aspx
 
-Revised 2020-12-21
+Revised
+  2021-12-21
 */
 // tslint:enable:max-line-length
 Object.defineProperty(exports, "__esModule", { value: true });

package/dist/investments/registered-retirement-savings-plan.js

@@ -1,10 +1,11 @@
 "use strict";
 // tslint:disable:max-line-length
 /*
-Sources:
+Sources
     https://www.canada.ca/en/revenue-agency/services/tax/registered-plans-administrators/pspa/mp-rrsp-dpsp-tfsa-limits-ympe.html
 
-Revised 2020-12-21
+Revised
+  2021-12-21
 */
 // tslint:enable:max-line-length
 Object.defineProperty(exports, "__esModule", { value: true });
@@ -14,5 +15,5 @@ exports.RRSP = {
         MIN: 55,
         MAX: 71,
     },
-    MAX_CONTRIBUTION: 27830,
+    MAX_CONTRIBUTION: 29210,
 };

package/dist/investments/tax-free-savings-account.js

@@ -1,10 +1,11 @@
 "use strict";
 // tslint:disable:max-line-length
 /*
-Sources:
+Sources
     https://www.canada.ca/en/revenue-agency/services/tax/registered-plans-administrators/pspa/mp-rrsp-dpsp-tfsa-limits-ympe.html
 
-Revised 2020-12-21
+Revised
+  2021-12-21
 */
 // tslint:enable:max-line-length
 Object.defineProperty(exports, "__esModule", { value: true });

package/dist/misc/consumer-price-index.d.ts

@@ -25,6 +25,7 @@ export interface ConsumerPriceIndex {
     2018: MonthlyConsumerPriceIndex;
     2019: MonthlyConsumerPriceIndex;
     2020: MonthlyConsumerPriceIndex;
+    2021: MonthlyConsumerPriceIndex;
 }
 export declare const CONSUMER_PRICE_INDEX: ConsumerPriceIndex;
 export {};

package/dist/misc/consumer-price-index.js

@@ -1,10 +1,12 @@
 "use strict";
 /*
-Sources:
+Sources
     https://www.bankofcanada.ca/rates/price-indexes/cpi/
+Use column v41690973
 
 NOT USED BY FNA-ENGINE
-Revised 2019-12-23
+Revised
+  2021-12-21
 */
 Object.defineProperty(exports, "__esModule", { value: true });
 exports.CONSUMER_PRICE_INDEX = void 0;
@@ -175,6 +177,21 @@ exports.CONSUMER_PRICE_INDEX = {
         SEP: 136.9,
         OCT: 137.5,
         NOV: 137.7,
-        DEC: 137.7,
+        DEC: 137.4,
+    },
+    2021: {
+        JAN: 138.2,
+        FEB: 138.9,
+        MAR: 139.6,
+        APR: 140.3,
+        MAY: 141.0,
+        JUN: 141.4,
+        JUL: 142.3,
+        AUG: 142.6,
+        SEP: 142.9,
+        OCT: 143.9,
+        NOV: 144.2,
+        // DEC is estimated using the difference between OCT and NOV.
+        DEC: 144.5,
     },
 };

package/dist/misc/iqpf-stats.js

@@ -1,9 +1,10 @@
 "use strict";
 /*
-Sources:
+Sources
     https://www.iqpf.org/docs/default-source/outils/iqpf-normes-projection2021.pdf
 
-Revised 2021-05-05
+Revised
+  2021-05-05
 */
 Object.defineProperty(exports, "__esModule", { value: true });
 exports.IQPF = void 0;

package/dist/misc/life-expectancy.js

@@ -1,9 +1,10 @@
 "use strict";
 /*
-Sources:
+Sources
     http://app.iqpf.org/?locale=en#/guidelines/life-expectancy
 
-Revised 2020-12-21
+Revised
+  2020-12-21
 */
 Object.defineProperty(exports, "__esModule", { value: true });
 exports.LIFE_EXPECTANCY = void 0;

package/dist/pension/canada-pension-plan.js

@@ -1,19 +1,17 @@
 "use strict";
 /*
-Sources:
+Sources
     http://www.cra-arc.gc.ca/tx/bsnss/tpcs/pyrll/clcltng/cpp-rpc/cnt-chrt-pf-eng.html
-    Excutive decision to calculate AVG_MAX with AVG(YMPE2019+YMPE2020+YMPE2021+YMPE2021 for 2022+YMPE2021 for 2023)
-     because YMPE is overinflated following coronavirus pandemic. Executive deciision to calculate SUP_MAX with
-      YMPE2021*1.14 because YMPE is overinflated following coronavirus pandemic.
     https://www.canada.ca/en/services/benefits/publicpensions/cpp/payment-amounts.html
+    https://www.canada.ca/en/services/benefits/publicpensions/cpp/old-age-security/cpp-price.html
     ---
     http://www.esdc.gc.ca/en/cpp/survivor_pension.page
     http://www.esdc.gc.ca/en/cpp/death_benefit.page
     http://www.esdc.gc.ca/en/reports/pension/cpp_technical_amendments.page
-    http://www.esdc.gc.ca/en/cpp/consumer_price_index.page
     http://www.statcan.gc.ca/tables-tableaux/sum-som/l01/cst01/econ46a-eng.htm
 
-Revised 2021-01-05
+Revised
+  2022-01-04
 */
 Object.defineProperty(exports, "__esModule", { value: true });
 exports.CPP = void 0;
@@ -22,10 +20,12 @@ const math_1 = require("../utils/math");
 exports.CPP = {
     CONTRIBUTIONS: {
         PENSIONABLE_EARNINGS: {
-            MAX: 61600,
+            MAX: 64900,
             MIN: 3500,
-            AVG_MAX: 60180,
-            SUP_MAX: 70224,
+            // Average YMPE of the last 5 year (including current year)
+            AVG_MAX: 59700,
+            // 114% of AVG_MAX
+            SUP_MAX: 68058,
             SUP_FACTORS: [
                 { FROM: 2019, TO: 2023, FACTOR: 1 },
                 { FROM: 2024, TO: 2024, FACTOR: 1.07 },
@@ -47,13 +47,13 @@ exports.CPP = {
     DEATH_BENEFIT: { RATE: 0.5 },
     DEFAULT_REFERENCE_AGE: 65,
     FLAT_BENEFIT: {
-        ORPHAN: 3090.96,
-        DISABILITY: 16963.92,
-        UNDER_45: 7808.64,
-        UNDER_45_WITH_CHILD: 7808.64,
-        UNDER_45_DISABLED: 7808.64,
-        FROM_45_TO_64: 7808.64,
-        OVER_64_WITHOUT_PENSION: 8667.00,
+        ORPHAN: 3174.36,
+        DISABILITY: 17577.96,
+        UNDER_45: 8097.48,
+        UNDER_45_WITH_CHILD: 8097.48,
+        UNDER_45_DISABLED: 8097.48,
+        FROM_45_TO_64: 8097.48,
+        OVER_64_WITHOUT_PENSION: 9025.80,
     },
     getRequestDateFactor(birthDate, requestDate, customReferenceDate) {
         const { BONUS, PENALTY } = this.MONTHLY_DELAY;
@@ -102,6 +102,7 @@ exports.CPP = {
         [2019, 0.023],
         [2020, 0.019],
         [2021, 0.010],
+        [2022, 0.027],
     ],
     MAX_INCOME: {
         1966: 5000,
@@ -160,10 +161,11 @@ exports.CPP = {
         2019: 57400,
         2020: 58700,
         2021: 61600,
+        2022: 64900,
     },
     MAX_PENSION: {
-        RETIREMENT: 14445.00,
-        COMBINED_RETIREMENT_SURVIVOR: 14445.00,
+        RETIREMENT: 15043.08,
+        COMBINED_RETIREMENT_SURVIVOR: 15085.56,
         DEATH_BENEFIT: 2500,
     },
     MAX_REQUEST_AGE: 70,

package/dist/pension/old-age-security.js

@@ -1,12 +1,13 @@
 "use strict";
 /*
-Sources:
+Sources
     https://www.canada.ca/en/services/benefits/publicpensions/cpp/old-age-security/benefit-amount.html
     https://www.canada.ca/en/services/benefits/publicpensions/cpp/old-age-security/recovery-tax.html
     https://www.canada.ca/en/services/benefits/publicpensions/cpp/old-age-security/eligibility.html (delay bonus)
     https://www.canada.ca/en/services/benefits/publicpensions/cpp/old-age-security/payments.html
 
-Revised 2021-05-05
+Revised
+  2021-12-21
 */
 Object.defineProperty(exports, "__esModule", { value: true });
 exports.OAS = void 0;
@@ -35,11 +36,11 @@ exports.OAS = {
     },
     MAX_AGE: 70,
     MIN_AGE: 65,
-    MONTHLY_PAYMENT_MAX: 626.49,
+    MONTHLY_PAYMENT_MAX: 635.26,
     MONTHLY_DELAY_BONUS: 0.006,
     REPAYMENT: {
-        MAX: 128149,
-        MIN: 79054,
+        MAX: 129757,
+        MIN: 79845,
         RATIO: 0.15,
     },
 };

package/dist/pension/public-pension-plan.d.ts

@@ -32,7 +32,7 @@ export interface FlatBenefit {
     FROM_45_TO_64: number;
     OVER_64_WITHOUT_PENSION: number;
 }
-export declare type IndexationRateReferenceYear = 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021;
+export declare type IndexationRateReferenceYear = 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022;
 export declare type IndexationRateReference = [IndexationRateReferenceYear, number];
 export interface MaxPension {
     RETIREMENT: number;

package/dist/pension/quebec-pension-plan.js

@@ -1,11 +1,12 @@
 "use strict";
 // tslint:disable:max-line-length
 /*
-Sources:
+Sources
     http://www.rrq.gouv.qc.ca/en/programmes/regime_rentes/regime_chiffres/Pages/regime_chiffres.aspx
     https://www.rrq.gouv.qc.ca/en/services/publications/regime_rentes/retraite/Pages/tableaux-revenus-travail-admissibles.aspx
 
-Revised 2021-01-05
+Revised
+  2022-01-04
 */
 // tslint:enable:max-line-length
 Object.defineProperty(exports, "__esModule", { value: true });
@@ -15,10 +16,12 @@ const math_1 = require("../utils/math");
 exports.QPP = {
     CONTRIBUTIONS: {
         PENSIONABLE_EARNINGS: {
-            MAX: 61600,
+            MAX: 64900,
             MIN: 3500,
-            AVG_MAX: 60180,
-            SUP_MAX: 70224,
+            // Average YPE of the last 5 year (including current year)
+            AVG_MAX: 59700,
+            // 114% of AVG_MAX
+            SUP_MAX: 68058,
             SUP_FACTORS: [
                 { FROM: 2019, TO: 2023, FACTOR: 1 },
                 { FROM: 2024, TO: 2024, FACTOR: 1.07 },
@@ -40,13 +43,13 @@ exports.QPP = {
     DEATH_BENEFIT: { RATE: 0.5 },
     DEFAULT_REFERENCE_AGE: 65,
     FLAT_BENEFIT: {
-        ORPHAN: 3090.96,
-        DISABILITY: 16997.40,
-        UNDER_45: 6941.04,
-        UNDER_45_WITH_CHILD: 11062.68,
-        UNDER_45_DISABLED: 11500.80,
-        FROM_45_TO_64: 11500.80,
-        OVER_64_WITHOUT_PENSION: 8577.36,
+        ORPHAN: 3174.36,
+        DISABILITY: 17565.96,
+        UNDER_45: 7268.16,
+        UNDER_45_WITH_CHILD: 11501.16,
+        UNDER_45_DISABLED: 11951.04,
+        FROM_45_TO_64: 11951.04,
+        OVER_64_WITHOUT_PENSION: 9013.80,
     },
     getRequestDateFactor(birthDate, requestDate, customReferenceDate) {
         const { BONUS, PENALTY } = this.MONTHLY_DELAY;
@@ -95,6 +98,7 @@ exports.QPP = {
         [2019, 0.023],
         [2020, 0.019],
         [2021, 0.010],
+        [2022, 0.027],
     ],
     MAX_INCOME: {
         1966: 5000,
@@ -153,10 +157,11 @@ exports.QPP = {
         2019: 57400,
         2020: 58700,
         2021: 61600,
+        2022: 64900,
     },
     MAX_PENSION: {
-        RETIREMENT: 14499.12,
-        COMBINED_RETIREMENT_SURVIVOR: 14499.12,
+        RETIREMENT: 15043.08,
+        COMBINED_RETIREMENT_SURVIVOR: 15043.08,
         DEATH_BENEFIT: 2500,
     },
     MAX_REQUEST_AGE: 70,

package/dist/pension/supplemental-pension-plan.js

@@ -1,6 +1,7 @@
 "use strict";
 /*
-Revised 2020-12-22
+Revised
+  2021-12-22
 */
 Object.defineProperty(exports, "__esModule", { value: true });
 exports.SPP = void 0;

package/dist/taxes/dividend-credit.d.ts

@@ -0,0 +1,8 @@
+import { FederalCode, ProvinceCode } from '../misc';
+export declare type DividendTaxCreditRate = {
+    GROSS_UP: number;
+} & {
+    [key in ProvinceCode | FederalCode]: number;
+};
+export declare const NON_ELIGIBLE_DIVIDEND: DividendTaxCreditRate;
+export declare const ELIGIBLE_DIVIDEND: DividendTaxCreditRate;

package/dist/taxes/dividend-credit.js

@@ -0,0 +1,45 @@
+"use strict";
+/*
+Sources
+  Non-eligible Dividends: https://www.taxtips.ca/dtc/non-eligible-dividend-tax-credit.htm
+    Eligible Dividends: https://www.taxtips.ca/dtc/eligible-dividends/eligible-dividend-tax-credit-rates.htm
+
+Revised
+  2022-01-04
+*/
+Object.defineProperty(exports, "__esModule", { value: true });
+exports.ELIGIBLE_DIVIDEND = exports.NON_ELIGIBLE_DIVIDEND = void 0;
+exports.NON_ELIGIBLE_DIVIDEND = {
+    GROSS_UP: 1.15,
+    CA: 0.090301,
+    AB: 0.0218,
+    BC: 0.0196,
+    MB: 0.007835,
+    NB: 0.0275,
+    NL: 0.032,
+    NS: 0.0299,
+    NT: 0.06,
+    NU: 0.0261,
+    ON: 0.029863,
+    PE: 0.013,
+    QC: 0.0342,
+    SK: 0.02105,
+    YT: 0.0067,
+};
+exports.ELIGIBLE_DIVIDEND = {
+    GROSS_UP: 1.38,
+    CA: 0.150198,
+    AB: 0.0812,
+    BC: 0.12,
+    MB: 0.08,
+    NB: 0.14,
+    NL: 0.063,
+    NS: 0.0885,
+    NT: 0.115,
+    NU: 0.0551,
+    ON: 0.1,
+    PE: 0.105,
+    QC: 0.117,
+    SK: 0.11,
+    YT: 0.1202,
+};

package/dist/taxes/employment-insurance.js

@@ -1,16 +1,17 @@
 "use strict";
 // tslint:disable:max-line-length
 /*
-Sources:
-    https://www.canada.ca/en/employment-social-development/programs/ei/ei-list/ei-employers/2021-maximum-insurable-earnings.html
+Sources
+    https://www.canada.ca/en/employment-social-development/programs/ei/ei-list/ei-employers/2022-maximum-insurable-earnings.html
 
-Revised 2021-01-05
+Revised
+  2021-12-22
 */
 // tslint:enable:max-line-length
 Object.defineProperty(exports, "__esModule", { value: true });
 exports.EI = void 0;
 exports.EI = {
-    MAX_INSURABLE_EARNINGS: 56300,
+    MAX_INSURABLE_EARNINGS: 60300,
     PREMIUM_RATES: {
         CA: 0.0158,
         QC: 0.0120,

package/dist/taxes/income-tax.js

@@ -1,11 +1,12 @@
 "use strict";
 // tslint:disable:max-line-length
 /*
-Sources:
+Sources
   http://www.taxtips.ca/marginaltaxrates.htm
   Abattement QC: http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/ncm-tx/rtrn/cmpltng/ddctns/lns409-485/440-fra.html
 
-Revised 2020-12-22
+Revised
+  2021-12-22
 */
 // tslint:enable:max-line-length
 Object.defineProperty(exports, "__esModule", { value: true });
@@ -17,25 +18,25 @@ exports.TAX_BRACKETS = {
     CA: {
         ABATEMENT: 0,
         TAX_CREDIT_RATE: 0.15,
-        BASE_TAX_CREDIT: 13808,
+        BASE_TAX_CREDIT: 14398,
         RATES: [{
                 FROM: 0,
-                TO: 49020,
+                TO: 50197,
                 RATE: 0.15,
             }, {
-                FROM: 49020,
-                TO: 98040,
+                FROM: 50197,
+                TO: 100392,
                 RATE: 0.205,
             }, {
-                FROM: 98040,
-                TO: 151978,
+                FROM: 100392,
+                TO: 155625,
                 RATE: 0.26,
             }, {
-                FROM: 151978,
-                TO: 216511,
-                RATE: 0.29,
+                FROM: 155625,
+                TO: 221708,
+                RATE: 0.2938,
             }, {
-                FROM: 216511,
+                FROM: 221708,
                 TO: 999999999,
                 RATE: 0.33,
             }],
@@ -79,30 +80,30 @@ exports.TAX_BRACKETS = {
     BC: {
         ABATEMENT: 0,
         TAX_CREDIT_RATE: 0.0506,
-        BASE_TAX_CREDIT: 11070,
+        BASE_TAX_CREDIT: 11302,
         RATES: [{
                 FROM: 0,
-                TO: 42184,
+                TO: 43070,
                 RATE: 0.0506,
             }, {
-                FROM: 42184,
-                TO: 84369,
+                FROM: 43070,
+                TO: 86141,
                 RATE: 0.077,
             }, {
-                FROM: 84369,
-                TO: 96866,
+                FROM: 86141,
+                TO: 98901,
                 RATE: 0.105,
             }, {
-                FROM: 96866,
-                TO: 117623,
+                FROM: 98901,
+                TO: 120094,
                 RATE: 0.1229,
             }, {
-                FROM: 117623,
-                TO: 159483,
+                FROM: 120094,
+                TO: 162832,
                 RATE: 0.147,
             }, {
-                FROM: 159483,
-                TO: 222420,
+                FROM: 162832,
+                TO: 227091,
                 RATE: 0.168,
             }, {
                 FROM: 222420,
@@ -118,7 +119,7 @@ exports.TAX_BRACKETS = {
     MB: {
         ABATEMENT: 0,
         TAX_CREDIT_RATE: 0.108,
-        BASE_TAX_CREDIT: 9936,
+        BASE_TAX_CREDIT: 10145,
         RATES: [{
                 FROM: 0,
                 TO: 33723,
@@ -140,26 +141,26 @@ exports.TAX_BRACKETS = {
     },
     NB: {
         ABATEMENT: 0,
-        TAX_CREDIT_RATE: 0.0968,
-        BASE_TAX_CREDIT: 10564,
+        TAX_CREDIT_RATE: 0.094,
+        BASE_TAX_CREDIT: 10817,
         RATES: [{
                 FROM: 0,
-                TO: 43835,
-                RATE: 0.0968,
+                TO: 44887,
+                RATE: 0.0940,
             }, {
-                FROM: 43835,
-                TO: 87671,
+                FROM: 44887,
+                TO: 89775,
                 RATE: 0.1482,
             }, {
-                FROM: 87671,
-                TO: 142534,
+                FROM: 89775,
+                TO: 145955,
                 RATE: 0.1652,
             }, {
-                FROM: 142534,
-                TO: 162383,
+                FROM: 145955,
+                TO: 166280,
                 RATE: 0.1784,
             }, {
-                FROM: 162383,
+                FROM: 166280,
                 TO: 999999999,
                 RATE: 0.2030,
             }],
@@ -172,27 +173,39 @@ exports.TAX_BRACKETS = {
     NL: {
         ABATEMENT: 0,
         TAX_CREDIT_RATE: 0.087,
-        BASE_TAX_CREDIT: 9536,
+        BASE_TAX_CREDIT: 9804,
         RATES: [{
                 FROM: 0,
-                TO: 38081,
+                TO: 39147,
                 RATE: 0.087,
             }, {
-                FROM: 38081,
-                TO: 76161,
+                FROM: 39147,
+                TO: 78294,
                 RATE: 0.145,
             }, {
-                FROM: 76161,
-                TO: 135973,
+                FROM: 78294,
+                TO: 139780,
                 RATE: 0.158,
             }, {
-                FROM: 135973,
-                TO: 190363,
-                RATE: 0.173,
+                FROM: 139780,
+                TO: 195693,
+                RATE: 0.178,
             }, {
-                FROM: 190363,
+                FROM: 195693,
+                TO: 250000,
+                RATE: 0.198,
+            }, {
+                FROM: 250000,
+                TO: 500000,
+                RATE: 0.208,
+            }, {
+                FROM: 500000,
+                TO: 1000000,
+                RATE: 0.213,
+            }, {
+                FROM: 1000000,
                 TO: 999999999,
-                RATE: 0.183,
+                RATE: 0.218,
             }],
         SURTAX_RATES: [{
                 FROM: 0,
@@ -234,7 +247,7 @@ exports.TAX_BRACKETS = {
     PE: {
         ABATEMENT: 0,
         TAX_CREDIT_RATE: 0.098,
-        BASE_TAX_CREDIT: 10500,
+        BASE_TAX_CREDIT: 11250,
         RATES: [{
                 FROM: 0,
                 TO: 31984,
@@ -261,17 +274,17 @@ exports.TAX_BRACKETS = {
     ON: {
         ABATEMENT: 0,
         TAX_CREDIT_RATE: 0.0505,
-        BASE_TAX_CREDIT: 10880,
+        BASE_TAX_CREDIT: 11141,
         RATES: [{
                 FROM: 0,
-                TO: 45142,
+                TO: 46226,
                 RATE: 0.0505,
             }, {
-                FROM: 45142,
-                TO: 90287,
+                FROM: 46226,
+                TO: 92454,
                 RATE: 0.0915,
             }, {
-                FROM: 90287,
+                FROM: 92454,
                 TO: 150000,
                 RATE: 0.1116,
             }, {
@@ -285,14 +298,14 @@ exports.TAX_BRACKETS = {
             }],
         SURTAX_RATES: [{
                 FROM: 0,
-                TO: 4874,
+                TO: 4991,
                 RATE: 0,
             }, {
-                FROM: 4874,
-                TO: 6237,
+                FROM: 4991,
+                TO: 6387,
                 RATE: 0.20,
             }, {
-                FROM: 6237,
+                FROM: 6387,
                 TO: 999999999,
                 RATE: 0.56, // 0.20 + 0.36
             }],
@@ -300,21 +313,21 @@ exports.TAX_BRACKETS = {
     QC: {
         ABATEMENT: 0.165,
         TAX_CREDIT_RATE: 0.15,
-        BASE_TAX_CREDIT: 15728,
+        BASE_TAX_CREDIT: 16143,
         RATES: [{
                 FROM: 0,
-                TO: 45105,
+                TO: 46295,
                 RATE: 0.15,
             }, {
-                FROM: 45105,
-                TO: 90200,
+                FROM: 46295,
+                TO: 92580,
                 RATE: 0.20,
             }, {
-                FROM: 90200,
-                TO: 109755,
+                FROM: 92580,
+                TO: 112655,
                 RATE: 0.24,
             }, {
-                FROM: 109755,
+                FROM: 112655,
                 TO: 999999999,
                 RATE: 0.2575,
             }],
@@ -327,17 +340,17 @@ exports.TAX_BRACKETS = {
     SK: {
         ABATEMENT: 0,
         TAX_CREDIT_RATE: 0.105,
-        BASE_TAX_CREDIT: 16225,
+        BASE_TAX_CREDIT: 16615,
         RATES: [{
                 FROM: 0,
-                TO: 45677,
+                TO: 46773,
                 RATE: 0.105,
             }, {
-                FROM: 45677,
-                TO: 130506,
+                FROM: 46773,
+                TO: 133638,
                 RATE: 0.125,
             }, {
-                FROM: 130506,
+                FROM: 133638,
                 TO: 999999999,
                 RATE: 0.145,
             }],
@@ -350,21 +363,21 @@ exports.TAX_BRACKETS = {
     NT: {
         ABATEMENT: 0,
         TAX_CREDIT_RATE: 0.059,
-        BASE_TAX_CREDIT: 15243,
+        BASE_TAX_CREDIT: 15609,
         RATES: [{
                 FROM: 0,
-                TO: 44396,
+                TO: 45462,
                 RATE: 0.059,
             }, {
-                FROM: 44396,
-                TO: 88796,
+                FROM: 45462,
+                TO: 90927,
                 RATE: 0.086,
             }, {
-                FROM: 88796,
-                TO: 144362,
+                FROM: 90927,
+                TO: 147826,
                 RATE: 0.122,
             }, {
-                FROM: 144362,
+                FROM: 147826,
                 TO: 999999999,
                 RATE: 0.1405,
             }],
@@ -377,21 +390,21 @@ exports.TAX_BRACKETS = {
     NU: {
         ABATEMENT: 0,
         TAX_CREDIT_RATE: 0.04,
-        BASE_TAX_CREDIT: 16467,
+        BASE_TAX_CREDIT: 16862,
         RATES: [{
                 FROM: 0,
-                TO: 46740,
+                TO: 47862,
                 RATE: 0.04,
             }, {
-                FROM: 46740,
-                TO: 93480,
+                FROM: 47862,
+                TO: 95724,
                 RATE: 0.07,
             }, {
-                FROM: 93480,
-                TO: 151978,
+                FROM: 95724,
+                TO: 155625,
                 RATE: 0.09,
             }, {
-                FROM: 151978,
+                FROM: 155625,
                 TO: 999999999,
                 RATE: 0.115,
             }],
@@ -404,25 +417,25 @@ exports.TAX_BRACKETS = {
     YT: {
         ABATEMENT: 0,
         TAX_CREDIT_RATE: 0.064,
-        BASE_TAX_CREDIT: 13808,
+        BASE_TAX_CREDIT: 14398,
         RATES: [{
                 FROM: 0,
-                TO: 49020,
+                TO: 50197,
                 RATE: 0.064,
             }, {
-                FROM: 49020,
-                TO: 98040,
+                FROM: 50197,
+                TO: 100392,
                 RATE: 0.09,
             }, {
-                FROM: 98040,
-                TO: 151978,
+                FROM: 100392,
+                TO: 155625,
                 RATE: 0.109,
             }, {
-                FROM: 151978,
-                TO: 216511,
-                RATE: 0.1294,
+                FROM: 155625,
+                TO: 221708,
+                RATE: 0.1296,
             }, {
-                FROM: 216511,
+                FROM: 221708,
                 TO: 500000,
                 RATE: 0.128,
             }, {

package/dist/taxes/index.d.ts

@@ -1,3 +1,4 @@
+export * from './dividend-credit';
 export * from './employment-insurance';
 export * from './income-tax';
 export * from './quebec-parental-insurance-plan';

package/dist/taxes/index.js

@@ -10,6 +10,7 @@ var __exportStar = (this && this.__exportStar) || function(m, exports) {
     for (var p in m) if (p !== "default" && !Object.prototype.hasOwnProperty.call(exports, p)) __createBinding(exports, m, p);
 };
 Object.defineProperty(exports, "__esModule", { value: true });
+__exportStar(require("./dividend-credit"), exports);
 __exportStar(require("./employment-insurance"), exports);
 __exportStar(require("./income-tax"), exports);
 __exportStar(require("./quebec-parental-insurance-plan"), exports);

package/dist/taxes/quebec-parental-insurance-plan.js

@@ -1,14 +1,15 @@
 "use strict";
 /*
-Sources:
+Sources
   https://www.rqap.gouv.qc.ca/fr/a-propos-du-regime/information-generale/cotisations-et-revenu-maximal-assurable
 
-Revised 2020-12-22
+Revised
+  2021-12-22
 */
 Object.defineProperty(exports, "__esModule", { value: true });
 exports.QPIP = void 0;
 exports.QPIP = {
-    MAX_INSURABLE_EARNINGS: 83500,
+    MAX_INSURABLE_EARNINGS: 88000,
     PREMIUM_RATES: {
         SELF_EMPLOYED: 0.00878,
         SALARIED: 0.00494,

package/package.json

@@ -1,6 +1,6 @@
 {
   "name": "@equisoft/tax-ca",
-  "version": "2021.4.0",
+  "version": "2022.0.0",
   "description": "Canadian tax data and calculation functions.",
   "main": "dist/index.js",
   "types": "dist/index.d.ts",
@@ -35,13 +35,13 @@
   },
   "devDependencies": {
     "@equisoft/tslint-config": "~0.0.8",
-    "@types/jest": "~26.0.4",
-    "@types/node": "^16.0.0",
+    "@types/jest": "~27.4.0",
+    "@types/node": "^17.0.7",
     "jest": "~24.9.0",
-    "jest-junit": "~12.2.0",
+    "jest-junit": "~13.0.0",
     "ts-jest": "~24.3.0",
     "tslint": "~5.20.0",
-    "typescript": "~4.3.2"
+    "typescript": "~4.5.2"
   },
   "dependencies": {}
 }