T2 filing made easy

Did you know…

That you can file corporation income tax returns electronically from your desktop computer? The benefits of using the Corporation Internet Filing service include receiving an immediate confirmation of receipt and faster processing and refunds. Join us in creating a sustainable environmental footprint by reducing our paper consumption.

Tax professionals can use their EFILE number and password to file eligible corporation income tax returns on behalf of their clients. Need to pay a balance owing? Many businesses find it convenient to use their financial institution's Internet or telephone banking service.

For more information on filing a T2 return electronically, visit www.cra.gc.ca/corporation-internet.

You can also view the status of a return and access the account balance and transactions, and other services for corporation income tax accounts online. For more information, visit www.cra.gc.ca/mybusinessaccount.

More services to simplify your business taxes

Did you know...

That you now have additional options to help manage your business taxes through our My Business Account service?

Business owners can now use this secure online service to:
•    check the status of goods and services tax/harmonized sales tax (GST/HST)* returns and see when Notices of Assessment were issued; and
•    access a variety of business tax information and services, including account balances and activities.

Starting in November 2008, you will be able to transfer payments and credits within your GST/HST,* corporation income tax, or other levies account.

This service will allow you to transfer amounts not yet applied to an assessed period and view the results immediately, including updated interest amounts and account balances. If the amount you wish to transfer has already been applied to an assessed period, you can request a transfer through our Make online requests service in My Business Account.

Business owners can authorize their employees and representatives to view or change their tax information online. Once authorized, the employees and representatives would access the services through Represent a client at www.cra.gc.ca/representatives.

For information on the full range of services available, go to www.cra.gc.ca/mybusinessaccount.

*Except for GST accounts administered by Revenu Québec.

Change in Directors for a Corporation

Did you know...

That you should notify the Canada Revenue Agency (CRA) when directors of your corporation change?

Avoid the possibility of service delays by ensuring that information on the incoming directors is added to our system and information on the outgoing directors is removed. Once the information has been updated, the new directors will be able to speak with CRA agents on the phone and submit written requests, such as Form RC59, Business Consent Form, on behalf of their corporation. Directors can also have online access to their business's tax information through My Business Account at www.cra.gc.ca/mybusinessaccount. For a director to have online access, our system must contain his or her social insurance number.

You can send a copy of official documentation showing the change of directors by fax or by mail to your tax services office. Examples of acceptable documentation include official notification from the incorporating body, minutes of the Board of Directors' resolution approving the change, a certificate of incumbency with an impression of the corporate seal, among others. If we need additional information before updating our system, we will contact you.

You can find your tax services office at www.cra.gc.ca/tso.

Too much mail from the Canada Revenue Agency?

Did you know…

That you can tell the Canada Revenue Agency electronically to stop or restart the mailing of certain communication items to your place of business?

If you prefer not to receive your statement of arrears, statement of interest, statement of interim payments, or remittance envelope, use our Online Requests for Business service to let us know. You can access your up-to-date account information through our My Business Account service. Help us leave a green environmental footprint by reducing paper consumption.

The Online Requests for Business service is available for goods and services tax/harmonized sales tax (GST/HST),* corporation income tax, excise tax and duty, and other levies accounts. You can also use this service to request a payment search, an interest review, and more from the convenience of your computer.

To make an online request, go to www.cra.gc.ca/requests-business. You can also make online requests and access your up-to-date account information at www.cra.gc.ca/mybusinessaccount.

*Except for GST accounts administered by Revenu Québec.