T2 Corporation – Income Tax Guide – 2016

T4012(E) Rev. 16

If you are blind or partially sighted, you can get our publications in braille, large print, etext, or MP3 by going to About multiple formats. You can also get our publications and your personalized correspondence in these formats by calling 1-800-959-5525. If you are outside Canada and the United States, call us at 613-940-8497. We accept collect calls by automated response. You may hear a beep and experience a normal connection delay.

The law allows Statistics Canada to access business taxpayer information collected by the Canada Revenue Agency (CRA). Statistics Canada can now share with provincial or territorial statistical agencies, for research and analysis purposes only, data concerning business activities carried out in their respective province or territory.

This guide uses plain language to explain the most common tax situations. If you need help after you read this guide, call our Business Enquiries line at 1-800-959-5525.

La version française de ce guide est intitulée Guide T2 – Déclaration de revenus des sociétés.

Unless otherwise noted, all legislative references are to the Income Tax Act and the Income Tax Regulations.

Table of contents ^{Footnote 1}

• What's new?
• Before you start
• Chapter 1 – Page 1 of the T2 return
  • Identification
• Chapter 2 – Page 2 of the T2 return
  • Attachments
  • Information schedules and forms
  • Calculation schedules
• Chapter 3 – Page 3 of the T2 return
  • Attachments
  • Additional information
  • Calculating net income or loss
  • Losses
  • How to complete Schedule 4, Corporation Loss Continuity and Application
  • Taxable income
• Chapter 4 – Page 4 of the T2 return
  • Small business deduction
• Chapter 5 – Page 5 of the T2 return
  • General tax reduction
• Chapter 6 – Pages 6 and 7 of the T2 return
  • Refundable portion of Part I tax
  • Refundable dividend tax on hand
  • Dividend refund
• Chapter 7 – Page 8 of the T2 return
  • Part I tax
• Chapter 8 – Page 9 of the T2 return
  • Summary of tax and credits
  • Federal tax
  • Provincial and territorial tax
  • Other credits
  • Refund or payment
  • Payment of balance owing
  • Direct deposit request
  • Mandatory electronic filing for tax preparers
  • Certification
  • Language of correspondence
• Related forms and publications
  • List of federal and provincial or territorial corporation schedules and forms
• Online services
  • Handling business taxes online
  • Electronic payments
• For more information
  • What if you need help?
  • Direct Deposit
  • Forms and publications
  • Electronic mailing lists
  • Teletypewriter (TTY) users
  • Make a service complaint
  • Reprisal complaint
  • Taxpayer Bill of Rights
  • Due dates
  • Non-resident corporation enquiries
• Index

Footnotes

Footnote 1

See the first page of each chapter for more detailed content listings.

Return to footnote 1 referrer

• Next page

Date modified:

2017-01-30