Summary
If you make $264,535 a year living in the region of Quebec, Canada, you will be taxed $116,475. That means that your net pay will be $148,060 per year, or $12,338 per month. Your average tax rate is 44.0% and your marginal tax rate is 52.6%. 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 $52.59, hence, your net pay will only increase by $47.41.
Bonus Example
A $1,000 bonus will generate an extra $474 of net incomes. A $5,000 bonus will generate an extra $2,371 of net incomes.