Tag Archives: Corporation Income Tax

Filing of Corporation Income Tax Toronto

For corporations in Canada who want to claim the small business deductions when filing corporation income tax Toronto or other Canadian cities such as Calgary, Vancouver, the net tax rate effective from January 2012 has been 15%. The corporation is a popular business structure form in Canada. This is because the distinction in liability protection for » Read More

Understanding Corporate Income Tax in Canada

In most countries there are various kinds of taxes and levies that must be paid. You will find frequently many variations that exist in countries, states and provinces all around the world. Corporation income tax in Canada is no exception, as there are different kinds that exist and which have to be followed. Corporation income » Read More

Filing Canadian Corporation Income Tax to CRA

Who is Liable to File the Corporation Income Tax? All Canadian corporations, whether they are non-profit organizations or inactive corporations, are required to file T2 returns. It is obligatory for these Canadian corporations to file the corporation income tax returns every tax year whether there is any tax payable or not by a corporation. Determining » Read More