When to file your return

When to file your return

File your return within six months of the end of each tax year. The tax year of a corporation is its fiscal period.

When the corporation's tax year ends on the last day of a month, file the return by the last day of the sixth month after the end of the tax year.

When the last day of the tax year is not the last day of a month, file the return by the same day of the sixth month after the end of the tax year.

Examples

Tax year-end	Filing deadline
March 31	September 30
April 30	October 31
June 30	December 31
September 23	March 23
October 2	April 2

When a filing due date falls on a Saturday, Sunday, or public holiday recognized by the CRA, your return is considered on time if the CRA receives it or if it is postmarked on or before the next business day. Several provinces and territories have their own unique holidays. Therefore, due dates may be affected depending on where you reside. For information on public holidays, go to canada.ca/cra-public-holidays.

You must file your return on time. If you do not, the CRA can charge penalties on any return that was not sent by the filing due date. See page 15 for details.

Re-appropriation of T2 statute-barred credits

Under subsection 221.2(1), the minister of National Revenue may use discretion to re-appropriate T2 statute-barred credits to an established debt on an account associated with the same business number and administered by the CRA.

To request the re-appropriation of a T2 statute-barred credit, send the CRA a completed Form RC431, Request for Re-appropriation of T2 Statute-barred Credits, with all the supporting documents. Complete a separate form for each unique business number.

You can also use the "Enquiries service" in My Business Account at canada.ca/my-cra-business-account. You will have to provide the same details requested on Form RC431 in your enquiry. Keep the requested documents in case the CRA asks for them later.

For more information, see the form or go to canada.ca/t2-reappropriation.

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