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 T2 Tax Returns 2020

T2 Corporation Tax Returns Later Fillable 2020-2025 Form

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Instructions and help about schedule 1 on a t2 corp income tax return

[Music] thank you hi guys this is Ariel from fix my books and today we are going to be talking about when you have to file your corporate income tax return so the corporate income tax return is due six months okay after the end of your tax year as a corporation you can pick your own year-end so for example if your year end is in June 30 instead of December 31st then your corporate taxes will be due on December 31st because your year end is June 30th plus six months so December 31st will be the last day you can file your corporate tax return so this is different from the actual balance owing which is obviously over here you can see so these are two different things so when you have to pay your corporate taxes it's due two months after your year end okay for most corporations now if you are a ccpc or Canadian controlled private Corporation and you meet all these criteria numbers one to four then it is due three months after your year end so for this example if your year end is Ju

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