Payment of instalments
A corporation must make its instalments on the same day of the month as the end-date of its fiscal period.
Examples
| Start of fiscal period
|
End of fiscal period
|
Date of instalments
|
| June 29, 2006
|
June 28, 2007
|
28th of each month
|
| March 13, 2006
|
March 12, 2007
|
12th of each month
|
| March 18, 2006
|
March 17, 2007
|
17th of each month
|
| April 1, 2006
|
March 31, 2007
|
last day of the month
(February 28, or the 30th or 31st of the other months)
|
| May 31, 2006
|
May 30, 2007
|
February 28, or the 30th of the other months
|
Corporation instalments may be paid
If the instalment is made by cheque or money order, the cheque or money order must be submitted with the remittance slip (Part 2 of form COZ-1027.R, Versement mensuel d'impôt sur le revenu,
de taxe sur le capital ou de taxe compensatoire par une société).