Business & Corporate TaxFAQs

If GST was not collected on taxable products/services at the time of sale, what options do suppliers/purchasers have?

My partner and I are engaged in a small business together. Do we have to file a Partnership Return?

Can an independent contractor with $0 in sales still claim business expenses?

Is it possible to convert the debt owed to me by a corporation into shares of the same corporation?

My company is incorporated in a province other than Ontario, but will be carrying on business in Ontario. Do I need an extra-provincial license?

My Canadian corporation conducts business in multiple provinces. How does this affect my company’s corporate taxes?

I received payment for products sold and services provided in the previous year. When do I include the payment in income?

As a corporation doing business in Quebec for the first time, what do I need to know or do to get the necessary information to file a Quebec tax return?

As a GST/HST registrant, when am I required to start collecting HST on sales?

When is manufacturing and processing equipment eligible for accelerated depreciation?