Quick answer: As of 2026, GTA landlords generally owe only one vacant-property tax, not two. Toronto’s municipal Vacant Home Tax (VHT) is still very much in force — 3% of…
Quick answer: ASPE Section 3061, Property, Plant and Equipment, governs how Canadian private enterprises measure, amortize, and disclose tangible capital assets — buildings, equipment, vehicles, leaseholds — held for use…
Quick answer: The 2026 Ontario Budget (tabled March 26, 2026) cuts the province’s small business corporate tax rate from 3.2% to 2.2%, effective July 1, 2026. Because the change lands…
CPA + LPA for Ontario medical practices 2026. Physician incorporation, Medicine Professional Corporation (MPC), Section 85 rollover, practice buy/sell — fixed-fee.
Book a fixed-fee condo corporation audit in Ontario 2026. Reserve fund accounting, Section 84 disclosure, HST review — signed by a CPA, CA, LPA in Mississauga.
Case study: a Toronto manufacturing CCPC selected for CRA T2 audit on shareholder-loan and GST/HST-revenue mismatch triggers survives with no reassessment. Composite case.
The 2026 T2 late-filing penalty regime: s.162(1) first offence, s.162(2) repeat, s.161 interest, and CRA’s Voluntary Disclosure Program IC00-1R6 for penalty relief.
Provincial variations on the Canadian T2 in 2026: Ontario, Alberta, BC, and Quebec rates, separate returns (AT1 and CO-17), allocation, and credits from a CPA, CA, LPA.
The ten highest-signal CRA T2 audit triggers for 2026 Canadian corporations, with ITA sections, canada.ca sources, and defensive filing tactics from a CPA, CA, LPA.
Complete 2026 T2 corporate tax return guide for Canadian owner-managers: filing checklist, CRA audit triggers, provincial rate variations, penalties and VDP.
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