T2 Corporation - Income Tax Guide - 2011

T4012(E) Rev. 11

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The law allows Statistics Canada to access business taxpayer information collected by the Canada Revenue Agency (CRA). Statistics Canada can now share with provincial or territorial statistical agencies, for research and analysis purposes only, data concerning business activities carried out in their respective province or territory.

This guide uses plain language to explain the most common tax situations. If you need help after you read this guide, call our Business Enquiries line at 1-800-959-5525.

Table of contents*

• 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 - Page 6 of the T2 return
  • Refundable portion of Part I tax
  • Refundable dividend tax on hand
  • Dividend refund
• Chapter 7 - Page 7 of the T2 return
  • Part I tax
• Chapter 8 - Page 8 of the T2 return
  • Summary of tax and credits
  • Federal tax
  • Provincial and territorial tax
  • Other credits
  • Refund or payment
  • Electronic payment of balance owing
  • Direct deposit request
  • Certification
  • Language of correspondence
• Related forms and publications
  • List of federal and provincial or territorial corporate schedules and forms
• For more information
  • What if you need help?
• Forms and publications
• Electronic mailing lists
• Online services built or businesses
• Electronic payments
• Teletypewriter (TTY) users
• Our service complaint process
• Non-resident corporation enquiries
• Your opinion counts
• Index

*See the first page of each chapter for more detailed content listings.