Corporate Canada: Do you still file tax return when the corporation is dissolved?
Corporate Canada: Do you still file tax return when the corporation is dissolved?
I registered a corporation a year ago and I just dissolved it. Do I still need to file tax return?
Thanks.
Answers:
lighthousecastle: Check with your accountant but I would say you have to do one from your last year end until now.
2007-10-05 06:16:06
2007-10-05 06:16:06
Chosen Answer
Kenneth Keung: You need to file a corporate tax return (T2) for the year ending on the date of dissolution. For example, if you incorporated on August 1, 2006, and dissolved on September 30, 2007. You need to file a return from 8/1/06 to 7/31/07, and another one from 8/1/07 to 9/30/07. Mark on the last return that it is the final year before dissolution in box 78. After the return is filed, if you need a clearance certificate from the CRA, you will need to file Clearance Certificate Request. To see whether you need a clearance certificate, see CRA website: http://www.cra-arc.gc.ca/tax/business/topics/life-events/clearance-e.html
2007-10-05 07:55:47
Kenneth Keung: You need to file a corporate tax return (T2) for the year ending on the date of dissolution. For example, if you incorporated on August 1, 2006, and dissolved on September 30, 2007. You need to file a return from 8/1/06 to 7/31/07, and another one from 8/1/07 to 9/30/07. Mark on the last return that it is the final year before dissolution in box 78. After the return is filed, if you need a clearance certificate from the CRA, you will need to file Clearance Certificate Request. To see whether you need a clearance certificate, see CRA website: http://www.cra-arc.gc.ca/tax/business/topics/life-events/clearance-e.html
2007-10-05 07:55:47