Associated corporations
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Associated corporations
If a corporation is associated with one or more corporations in the current year, and the total average monthly withholding amount (AMWA) of all the associated corporations was $25,000 or more, two calendar years ago, we consider all the associated corporations to be accelerated remitters. Associated corporations are defined in the Income Tax Act.
Notes
Make sure you include the intended amounts on the correct remittance form that corresponds with the corporation.
If you did not receive or you lost the remittance form, send a letter to your tax centre that provides your payroll program account numbers and gives a breakdown of the amounts intended for each account. We can then credit the right amounts to the right corporation.
- Date modified:
- 2016-01-26