Non-compliance with mandatory Internet filing

All corporations with annual gross revenue of more than $1 million have to Internet file their T2 return, except for insurance corporations, non-resident corporations, corporations reporting in functional currency and corporations that are exempt from tax payable under section 149 of the Income Tax Act.

The penalty for non-compliance is $1,000.

Forms and publications

• T2 Corporation – Income Tax Guide (T4012)

Date modified:

2015-12-15