by northnet | Nov 17, 2021 | Current & Topical, Tax Services
All corporations incorporated in Ontario are required to file an Annual Return with the Ontario government within six months after the end of each tax year. This filing requirement is in addition to a requirement to file any income tax returns. The Annual...
by northnet | Nov 9, 2021 | Current & Topical, Tax Services
New tax reporting requirements for certain trusts will come into effect for the 2021 taxation year ending on December 31.As a result, most trusts must now file a Canadian tax return even if there was little or no activity. Penalties for late filing are...