Summary
If you make $299,974 a year living in the region of Nunavut, Canada, you will be taxed $107,842. That means that your net pay will be $192,132 per year, or $16,011 per month. Your average tax rate is 36.0% and your marginal tax rate is 44.3%. 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 $44.27, hence, your net pay will only increase by $55.73.
Bonus Example
A $1,000 bonus will generate an extra $557 of net incomes. A $5,000 bonus will generate an extra $2,787 of net incomes.