The government of the Yukon Territory of Canada has tabled its Budget for 2017/18 including cuts in the corporate tax rates. Effective 1 July 2017, the standard corporate tax rate will be reduced from 15% to 12%, and the small-business tax rate will be reduced from 3% to 2%. The rates are prorated for tax years straddling the effective date, so for the 2017 calendar year the standard effective rate will be 13.5% and the small-business rate will be 2.5%.