Corporate Tax

Corporate Tax Return Preparation – Toronto & GTA

Let MAK TAX help your business stay compliant and maximize after-tax earnings. We provide full-service corporate tax filing and tax planning for incorporated businesses across Toronto, Scarborough, Mississauga, Brampton, and the Greater Toronto Area (GTA).

Our Corporate Tax Services Include:

Federal and Provincial T2 Corporate Tax Return Preparation
GIFI (General Index of Financial Information) Reporting
GST/HST Filing and remittance support
Preparation of Financial Statements
Tax-effective Salary vs. Dividend Planning
Incorporation cost recovery without tax implications

Salary vs. Dividends – Strategic Tax Planning

Our experienced corporate tax accountants will help you determine the optimal compensation strategy to minimize tax liability and maximize benefits:

Salary:

Tax-deductible for the corporation
Taxable to the employee
Generates RRSP contribution room
Requires CPP & EI contributions

Dividends:

Not deductible to the corporation
Taxed at lower rates personally
Avoids CPP & EI contributions
No RRSP contribution room