Corporate Taxes
Taxes Strategies for business growth!
Our Tax team has extensive knowledge of the Canadian Federal and Provincial Tax Laws, and we are committed to sharing our insights in a way that is understandable and actionable to help you maximize your savings.
No matter how simple or complex your tax situation is, we are ready to handle it!
- Corporate Tax Planning and returns (T2)
- Optimization of salaries and dividends
- CRA disputes
- Planning the future of your real estate and assets
Who should file a corporate tax return?
All resident corporations (except crown corporations and registered charities) must file a corporate income tax (T2) return every tax year even if there is no tax payable. This includes but is not limited to non-profit organizations, tax-exempt corporations, and inactive corporations.
When do I file and when do I pay my corporate taxes?
Your corporate taxes should be filed no later than six months after the end of your fiscal year, but your tax payment should be made no later than 3 months (90 days) after the end of the tax year. Any payments that are received late will be subject to interest and penalties by the Canada Revenue Agency.