This webinar explains how to complete a corporate tax return. It covers tax compliance rules and deadlines, with numerous examples to guide you through everything needed for tax season.

Features

This webinar explains exactly how to complete a corporate tax return (T2) and includes:

• Due dates, late filing penalties, tax preparation software, and the T2 Short
• First-time tax filers and GIFI
• Foreign investments and the T1135
• Net income for tax purposes, capital gains, capital cost allowance (CCA), recapture, and terminal loss
• Taxable income, loss carryovers, tax credits (including the small business deduction), related and associated corporations
• Refundable taxes, RDTOH, Part IV tax, and the dividend refund
• SR&ED and investment tax credits (ITCs)
• Allocating taxable income among provinces
• What happens after you file the return, instalments, and how to amend a T2