Description
As a corporate income tax return, a nil tax return, also known as a zero income tax return, is a report that indicates that a firm has not earned any money for the year owing to the company’s inactivity or loss.
$500.00
Canadian corporations must file annual corporate income taxes, with zero or no income reporting required for each year. Non-resident corporations must file a nil tax return if they carry on business in Canada, have taxable capital gains, or dispose of Canadian property.
As a corporate income tax return, a nil tax return, also known as a zero income tax return, is a report that indicates that a firm has not earned any money for the year owing to the company’s inactivity or loss.
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