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Corporate Tax

Corporate Tax Tips for Small Businesses

We aim to provide educational, understandable content around common corporate tax issues.  We also help incorporated businesses in Canada to navigate the complexities of corporate taxation.

If you're looking for help with corporate tax compliance and tax planning, check out or corporate tax services here.

How Corporate Taxes Work in Canada

How corporate taxes work in Canada. This article explains the important tax concepts you need to know about running a business through a corporation in Canada

Paul Sharpe, CPA, CA
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Sep 5, 2023

Tax Planning with Corporately Owned Whole Life Insurance

Learn how one particular type of insurance can be used as a tool within your corporation to reduce tax, increase value, and get access to retained earnings on a tax-efficient or tax-free basis.

Lane Cuthbert
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Apr 20, 2023

Tax Planning for Small Businesses

This article will discuss five levels of tax planning for Canadian small business owners. We’ll discuss them in order of risk and complexity.

Paul Sharpe, CPA, CA
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Oct 21, 2022

Actual Dividends vs. Taxable Dividends

What is the difference between actual and taxable dividends? In this article we provide some insight on common questions that small business owners often have about T5s, without getting overly technical.

David Makarewicz
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Oct 12, 2022

Corporate Tax Rates Canada 2022

This article lists the federal and provincial corporate tax rates in Canada in 2022 for Canadian Controlled Private Corporations. It also explains how corporate taxes work for CCPCs.

Paul Sharpe, CPA, CA
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Aug 2, 2022

Choosing a Corporate Fiscal Year-end Date in Canada

This article will explain the factors to consider when choosing your year-end date, and will help you choose which is the right year-end date for your business.

Joe Collins, CPA, CA
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Dec 5, 2022

Should I Invest Inside My Corporation?

When deciding whether to invest within your corporation or to do so personally, there are a few factors to consider.

Joe Collins, CPA, CA
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Aug 8, 2022

Company Cars - Buying or Leasing an Automobile in a Canadian Corporation

What you should know about buying or leasing a vehicle in your Canadian corporation.

Paul Sharpe, CPA, CA
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Dec 21, 2023

Canada’s Proposed Tax Changes - What Entrepreneurs Need to Know

There’s been a lot of chatter about the proposed tax changes for Canadian corporations but like most things tax-related, it isn’t exactly quick and easy to get the skinny on the impacts your business may face.  Not to worry, Avalon is here to explain the three most important things you need to know about these changes:

Paul Sharpe, CPA, CA
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Nov 21, 2017

How to Claim SR&ED Tax Credits

The Scientific Research and Experimental Development program, SRED for short, is a tax incentive program designed to encourage Canadian businesses of all sizes and in all sectors to conduct research and development in Canada. This article will help you to understand:If your business is eligible to claim SRED tax creditsWhat types of expenditures qualify for the programHow to claim SRED creditsHow much you can expect to receive from the SRED program, Costs of claiming SRED credits and other factors to consider.

Paul Sharpe, CPA, CA
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Sep 9, 2018