Table of Contents Income Tax Act 1 – Short Title 2 – PART I – Income Tax 2 – DIVISION A – Liability for Tax 3 – DIVISION B – Computation of Income 3 – Basic Rules 5 – SUBDIVISION A – Income or Loss from an Office or Employment 5 – Basic Rules 6 – Inclusions 8 – Deductions 9 – SUBDIVISION B – Income or Loss from a Business or Property 9 – Basic

Services and information Trust Income Tax Return Determine whether a trust should file a Trust Income Tax Return (T3), and where and when to a file a T3. Trust Information returns – slips and summaries Determine when a trust has to complete and distribute T3 slips, filing methods for T3 slips, and due dates. Trust

Services and information Corporation income tax overview Summary of corporation tax rates, provincial and territorial corporation tax, and tax credits. Corporation tax rates Get federal, provincial, or territorial rates, and learn when to apply the lower or higher rate. Provincial and territorial corporation tax What’s new for corporations, reporting tax and claiming credits, and related

Services and information Doing your taxes This page sets out everything you need to know to do your taxes. Your tax obligations Determine your tax obligations and whether you need to file a tax return. Tax slips Review the slips you may receive from your employer, payer, or administrator. Personal income Determine what has to

File income tax, get the income tax and benefit package, and check the status of your tax refund. Services and information Your tax obligations Determine your tax obligations and whether you need to file a tax return. Tax slips Review the slips you may receive from your employer, payer, or administrator. Personal income Determine what

Penalties and interest will not be charged if the deferred payment requirements are met by September 1, 2020. Penalties and interest relief will be considered on a case-by-case basis for income tax balances that are not covered by the COVID-19 relief provisions described below. Note: some taxpayers may have received a Notice of Assessment that says the

ACCOUNTING AND TAX DONE RIGHT, DONE FOR YOU A LOCAL CANADIAN ACCOUNTING FIRM PROVIDING LOCAL AND VIRTUAL TAX ACCOUNTANT SERVICES TO YOU ACCOUNTING & BOOKKEEPING SMALL BUSINESS ACCOUNTING TAX PREPARATION AND PLANNING PAYROLL BUSINESS CONSULTING NEW BUSINESS FORMATION Full Service Accounting Firm . Our vision is to provide exceptional financial and professional services to all our clients