Alberta has one of the lowest corporate tax rates in the world at a combined total of 23%, supporting the ideal globalized business environment. For small businesses, specifically those with active business income below $500,000, Alberta offers a reduced rate of 11% (9% federal and 2% provincial), signaling a support system for entrepreneurship and innovation. This strategic tax positioning attracts foreign company investments and also benefits Canadian-controlled private corporations (CCPCs) by optimizing their taxable income and facilitating sustainable growth.