When is a Canadian corporation's T2 return due?

Question

Expert Bookkeeping Services · Accepted Answer

The T2 corporate return is due six months after the end of the tax year. Any balance owing is generally due two or three months after year-end, so books need to be ready early. Payment may be due earlier A T2 return is generally due six months after the corporation's tax year-end, but a balance-payment deadline usually arrives earlier. Eligibility conditions determine whether the two- or three-month payment rule applies. Instalments and provincial requirements may create additional obligations during the year. Prepare the tax pack early Provide reconciled accounts, fixed-asset records, shareholder balances, payroll and prior returns well before the payment deadline. Ask the preparer to estimate any balance owing rather than waiting for the final filing date. Keep the submitted return and payment confirmations, and reconcile the assessed amounts to the tax account.

When is a Canadian corporation's T2 return due?

Short answer

Detailed answer

Payment may be due earlier

Prepare the tax pack early

Official sources

Related questions

Get a fixed monthly quote