Corporate Tax Return Canada
FILING OBLIGATIONS FOR CORPORATION TAX RETURN IN CANADA
Canada Revenue Agency (or the CRA) requires all Canadian corporations to file their Corporation Tax Returns Canada each year. Corporation tax filings have to be filed within a period of six months of the tax year end and the tax installment for the anticipated corporation tax owing need to be made within two or three months after the corporation tax year-end.
DO NOT FILE YOUR UNFILED CORPORATION TAXES RETURN YET TILL YOU UNDERSTAND THE CONSEQUENCE FIRST
For business owners with unfiled Corporation Tax Returns, they typically just contact their regular accountants to file their unfiled Corporation Tax Returns in Canada without truly understanding the potential damages and consequences of filing without a good strategy, which often ends up costing business owner much more unnecessarily as a result of the hefty penalties and interest charged by the CRA for late filings.
If your corporation taxes are filed late, the CRA will charge big late filing penalties. The standard penalty for late filing of the Corporation tax is up to 17% for the first-time offenders. For repeat offenders who have not to file on time within last three years, CRA can charges up to 50% as late filing penalties. To make it worse, the CRA will add compounded daily interests to the penalties.
FREE TAX CONSULTATION & RATES GUARANTEE
At CRA Tax Rescue, we specialize in providing a comprehensive solution for your Corporation Tax Returns in Canada issues. We will analyze all the risks and problems associated with your unfiled Corporation Tax Returns and recommend the most protective solution to achieve the best results for your corporation.
Our well-experienced tax consultant will meet with you and offer an initial FREE consultation with no obligation. Our clients found our rates to be affordable and competitive since we have done our homework by comparing our rates to others in the tax resolution industry.
Unfiled Corporation Tax Returns problem won’t just resolve on its own. Get professional help TODAY by calling CRA Tax Rescue team at 1-866-611-6482 or go to the Contact Form on your right.