Summary
If you make $159,995 a year living in the region of Quebec, Canada, you will be taxed $62,554. That means that your net pay will be $97,441 per year, or $8,120 per month. Your average tax rate is 39.1% and your marginal tax rate is 49.9%. 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 $49.90, hence, your net pay will only increase by $50.10.
Bonus Example
A $1,000 bonus will generate an extra $501 of net incomes. A $5,000 bonus will generate an extra $2,505 of net incomes.