Get the most out of your taxes
As your business grows, so do the complexities of your taxes. Whether a company is a small start-up business or large multi-national corporation, each business has its own unique tax filing requirements and tax-minimization opportunities.
As a full-service accounting firm in Hamilton, we offer a wide range of corporate tax services to meet the needs of your business. At NBG Chartered Professional Accountant, we are experienced in providing comprehensive and integrated tax solutions for all small and medium-sized businesses. Our team of tax experts can help you with a wide range of corporate tax services, including tax planning, tax preparation, tax audits, and more. We’ll work with you to develop a custom tax strategy that meets your specific business and individual needs and helps you achieve your business goals.
In Canada, businesses must file corporate tax returns regardless of size, structure, profitability and activity. By working with us, we will ensure that you are meeting all your filing requirements on time. Our corporate tax preparation services include:
Effective tax planning takes experience and an in-depth knowledge of the very latest changes to the tax code and tax law. By taking a proactive approach to tax planning, you can stay one step ahead of the game and ensure that your business is on track to meeting your long-term goals. We can help you with all aspects of tax planning and maximization, no matter what stage of business or life you’re in. We provide corporate tax planning in the following areas:
Get in touch today to learn more
CRA audits and tax disputes can be time consuming and intimidating. But with the right help, they don’t have to be. Our tax dispute resolution process has a proven track record of helping businesses resolve their disputes efficiently and effectively. We can assist with preparation, presentation and corresponding with the CRA. If you are facing a tax dispute, we can help with the following:
Contact us today to learn more about our corporate tax services, and how we can help your business.
Resident corporations
According to Canada Revenue Agency, all resident corporations (except crown corporations and resident charities) have to file a corporate income tax (T2) return every tax year even if there is no tax payable. This includes but is not limited to the following:
Non-resident corporations
A non-resident corporation has to file a return if, at any time in the tax year, one of the following situations applies:
This requirement applies even if the corporation claims that any profits or gains realized are exempt from Canadian income tax due to the provisions of a tax treaty. If you are unsure about your non-resident corporations filing requirements in Canada, its best to consult with a tax professional to ensure you are compliant.
Resident corporations
According to Canada Revenue Agency, all resident corporations (except crown corporations and resident charities) have to file a corporate income tax (T2) return every tax year even if there is no tax payable. This includes but is not limited to the following:
Non-resident corporations
A non-resident corporation has to file a return if, at any time in the tax year, one of the following situations applies:
This requirement applies even if the corporation claims that any profits or gains realized are exempt from Canadian income tax due to the provisions of a tax treaty. If you are unsure about your non-resident corporations filing requirements in Canada, its best to consult with a tax professional to ensure you are compliant.
If you don’t agree with the reassessment from a tax audit, you can file an objection with CRA before appealing the decision with the Tax Court of Canada.
The first step in our process is to review the assessment or reassessment, as well as the accompanying dispute letter. Next, we speak with the auditor and determine what grounds they have to dispute. After reviewing the evidence, we develop a response to contest the dispute letter if there is sufficient evidence to support it. Finally, we’ll reach a resolution with the auditor. In the event that a resolution cannot be reached, the situation will be referred to a tax lawyer.