The T2 Corporation Income Tax Return or T2 is the form used in
Canada
Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by tot ...
by
corporations
A corporation is an organization—usually a group of people or a company—authorized by the state to act as a single entity (a legal entity recognized by private and public law "born out of statute"; a legal person in legal context) and r ...
to file their
income tax return
A tax return is the completion of documentation that calculates an entity or individual's income earned and the amount of taxes to be paid to the government or government organizations or, potentially, back to the taxpayer.
Taxation is one of ...
. All corporations other than registered charities must file a T2 return for every taxation year, regardless of whether tax is payable. The form has to be filed within six months of the end of each corporation's
fiscal year
A fiscal year (or financial year, or sometimes budget year) is used in government accounting, which varies between countries, and for budget purposes. It is also used for financial reporting by businesses and other organizations. Laws in many ...
.
:''This article is not intended to provide tax advice.''
See also
*
Taxation in Canada
Taxation in Canada is a prerogative shared between the federal government and the various provincial and territorial legislatures.
Legislation
Under the ''Constitution Act, 1867'', taxation powers are vested in the Parliament of Canada under s. ...
References
*
cra-arc.gc.ca: Who has to file a T2 return?*
External links
*
ttp://www.cra-arc.gc.ca/formspubs/clientgroup/business/corporation-e.html cra-arc.gc.ca: T2 General Returns, Schedules and Guides
Taxation in Canada
Tax forms
{{Tax-stub