Corporate income tax

Corporations that maintain a permanent establishment in B.C. at any time during the tax year must file an income tax return.

Corporate income tax is administered in partnership with the Canada Revenue Agency (CRA). To learn more about filing a corporate income tax return, see CRA’s website.

Reporting and paying tax

To report corporate income tax, you’ll need to file a tax return with CRA. You file your provincial corporate income taxes with your federal income tax return using your business number. Corporations must file a return every tax year even if there is no tax payable.

You don’t need a separate provincial account number.

Read more about filing and get answers to your questions related to filing corporate income tax. Learn about your options for making a payment.

• To file a return, complete a T2 Corporation Income Tax Return and either a Schedule 427 British Columbia Corporation Tax Calculation or a Schedule 5 Tax Calculation Supplementary – Corporations.
• Use the Corporation Income Tax Guide (T4012) while filling out your corporate income tax return.

Learn more about corporate income tax:

• Tax Rates and Business Limits
• Tax Credits
• International Business Activity
• Forms and Publications

More topics

Report suspected tax non-compliance

If you know or suspect a person or business isn’t complying with tax laws, you can anonymously report them through:

• Canada Revenue Agency’s (CRA) online tip form or phone 1-866-809-6841 toll free for:
  • Income tax
  • Goods and services tax (GST)
  • Child benefit or climate action tax credit programs
  Update your address

  Update your business address with a number of public sector accounts.