Corporate Tax Return (T2) Client Form

1 The corporation

Legal name of the corporation * Operating name (if different) Business Number (9 digits) Incorporation date Incorporated under Fiscal year-end we're preparing Is this the corporation's first tax year? What does the corporation do? Head office address Website Canadian-controlled private corporation (CCPC)? Associated or related to other corporations? (same owners or family) If yes, names of the other corporations

Your contact details

First name * Last name * Your role Email * Phone

Previous years

Who prepared last year's T2? Can you share last year's financial statements and T2? Are any earlier T2 returns unfiled? Do you use CRA My Business Account?

Add each person or company that owns shares.

Directors or officers who aren't shareholders Any change in shareholders or shares issued this year?

3 Financial information & bookkeeping

How are the books kept? Are the books complete for the year? Can you give us access to your accounting software? Number of bank accounts Number of business credit cards Approx. transactions per month

The year in numbers (approximate)

Total revenue / sales Net income or loss before tax Inventory at year-end Customers owe you (receivables) You owe suppliers (payables) Cash in bank at year-end

Shareholder loan

At year-end, who owes whom? Approximate balance Personal expenses paid by the company, or business expenses paid personally?

4 What applies to the corporation this year?

Tick everything that applies. A section opens for each one you tick.

Employees & payrollWages, T4s, source deductions Paying the ownersSalary, dividends, T5s GST/HST & PSTRegistered for sales taxes Assets bought or soldVehicles, equipment, computers, property Loans & financingBank loans, lines of credit, vehicle loans Investment or rental incomeInterest, dividends, rental property Related companiesManagement fees, intercompany loans Foreign activityForeign sales, accounts, property, payments Grants & tax creditsGovernment grants, SR&ED, subsidies

Employees & payroll

Number of employees (including owners on payroll) Total wages paid in the year Who runs payroll? Source deductions remitted to the CRA on time? T4 slips and summary filed? Registered with WorkSafeBC? Subcontractors paid (and whether T4A or T5018 slips are needed)

Paying the owners

Salary paid to owners (on T4) Dividends paid Bonus declared but not yet paid

T5 slips filed for dividends? Want advice on salary vs. dividends? Notes (e.g. how much each owner received)

GST/HST & PST

GST/HST filing frequency GST/HST returns filed for the whole year? Registered for BC PST? Would you like us to file sales tax returns?

Assets bought or sold

Add each vehicle, piece of equipment, computer, furniture or property bought or sold during the year.

Are company vehicles also used personally by the owners?

Loans & financing

Investment or rental income

Interest income Dividends received Rental income Gains or losses on investments sold Investments held at year-end

Details (e.g. property address, brokerage, GICs)

Related companies

Management fees paid or received Loans to or from related companies at year-end Dividends paid to or received from related companies Describe the related-company transactions

Foreign activity

Which of these apply? Sales to customers outside Canada Purchases from suppliers outside Canada Foreign bank or investment accounts Foreign property costing over $100,000 (CAD) Payments to non-residents (fees, rent, interest, dividends) Owns shares of a foreign company

Details

Grants & tax credits

Government grants or subsidies received Research and development (SR&ED) work? Details (program names, amounts, dates)

5 Anything else

Did any of these happen this year? Changed name, address or year-end Amalgamated, bought or sold a business Stopped operating or plans to close Received a letter or review from the CRA Paid corporate tax instalments Owes tax from a previous year

Corporate tax instalments paid this year When do you need the return done? Anything else we should know? How did you hear about us? Preferred way to contact you

Corporation year-end: client information form

1 The corporation

Your contact details

Previous years

3 Financial information & bookkeeping

The year in numbers (approximate)

Shareholder loan

4 What applies to the corporation this year?

Employees & payroll

Paying the owners

GST/HST & PST

Assets bought or sold

Loans & financing

Investment or rental income

Foreign activity

Grants & tax credits

5 Anything else

Thank you, we've received your corporation's information

Corporation year-end: client information form

1 The corporation

Your contact details

Previous years

2 Shareholders & directors

3 Financial information & bookkeeping

The year in numbers (approximate)

Shareholder loan

4 What applies to the corporation this year?

Employees & payroll

Paying the owners

GST/HST & PST

Assets bought or sold

Loans & financing

Investment or rental income

Related companies

Foreign activity

Grants & tax credits

5 Anything else

Thank you, we've received your corporation's information