T2 Corporation – Income Tax Guide – 2022

T4012(E) Rev. 22

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This guide uses plain language to explain the most common tax situations. It is provided for information only and does not replace the law.

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

Unless otherwise stated, all legislative references are to the Income Tax Act or, where appropriate, 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
• Digital services
  • Handling business taxes online
  • Electronic payments
• For more information
  • If you need help
  • Direct deposit
  • Forms and publications
  • Electronic mailing lists
  • Teletypewriter (TTY) users
  • Service complaints
  • Formal disputes (objections and appeals)
  • Reprisal complaints
  • Due dates
  • Non-resident corporation enquiries
• Index

• Next page