Your corporate income tax return is due 6 months following your corporation’s year end.
All resident corporations (except tax-exempt Crown corporations, Hutterite colonies and registered charities) are required to file their corporation income tax return (T2) every tax year even if there is no tax payable.
The due date for paying any balance owing of a Canadian controlled private corporation (CCPC) claiming small business deduction and whose taxable income is less than $500,000 is 3 months following the corporation’s year-end. For all other corporations, the due date is 2 months following their year-end or penalty and interest may be incurred.
Fill out the T2 Preparation Form and send to us together with the assembled financial information outlined in the form.
