Fine canada dating agency corp

Posted by / 22-Jul-2020 19:06

Fine canada dating agency corp

The penalty is 10% of the unpaid tax when the return was due, plus 2% of this unpaid tax for each complete month that the return is late, up to a maximum of 20 months.

References Subsections 162(1) and 162(2) of the Income Tax Act If a corporation fails to file these returns, in addition to any other penalty as applicable, a penalty will be charged for each complete month that the returns are late, up to a maximum of 40 months.

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