Corporate Tax Services
JIR Associates can help you file your corporate income taxes on time. Our team of professionals and tax experts works hard to ensure your returns are accurate and submitted promptly.
The Canada Revenue Agency (CRA) states on its website that all resident corporations (except Crown corporations and registered charities) must file a corporate income tax (T2) return every tax year, even if no tax is payable. This includes:
- Non-profit organizations
- Tax-exempt corporations
- Inactive corporations
Essential Tax Filing for Non-Resident Corporations by JIR Associates
A non-resident corporation must file a return if, at any time in the year, one of the following situations applies:
- It carried on business in Canada.
- It had a taxable capital gain.
- It disposed of taxable Canadian property.
This requirement applies even if the corporation claims that any profits or gains realized are exempt from Canadian income tax due to the provisions of a tax treaty.IR Associates can assist you with all your filing requirements, ensure tax liabilities are accurately computed, and returns are filed in a timely manner to avoid any penalties.
