Summary
If you make $159,978 a year living in the region of Nunavut, Canada, you will be taxed $48,013. That means that your net pay will be $111,965 per year, or $9,330 per month. Your average tax rate is 30.0% and your marginal tax rate is 39.8%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of $100 in your salary will be taxed $39.82, hence, your net pay will only increase by $60.18.
Bonus Example
A $1,000 bonus will generate an extra $602 of net incomes. A $5,000 bonus will generate an extra $3,009 of net incomes.