Summary
If you make $159,984 a year living in the region of Nunavut, Canada, you will be taxed $48,016. That means that your net pay will be $111,968 per year, or $9,331 per month. Your average tax rate is 30.0% and your marginal tax rate is 40.0%. 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 $40, hence, your net pay will only increase by $60.
Bonus Example
A $1,000 bonus will generate an extra $600 of net incomes. A $5,000 bonus will generate an extra $3,000 of net incomes.