MENU

T2 (CORPORATE TAX)

The T2 is the mandatory corporate income tax return form for the federal government of Canada. The exact term for this statement is “declaration of corporate income.” Each company must file a corporate income tax (T2) for each taxation year. Companies can complete one of two types of T2 statements proposed by the Canada Revenue Agency. T2 corporate income statement that can be used by any company. However, in addition to the T2, there are several schedules. It’s not enough to simply complete the T2 corporate income tax returns to complete your company’s obligations to the federal government of Canada. There are other financial statements to file with the General Index of Financial Information (GIFI) with appropriate schedules.