TAX-02 — Corporate instalments

Corporate instalments: not required where tax payable is $3,000 or less in either the current or previous tax year, or in the corporation's first tax year. Monthly by default. Quarterly is available only to a CCPC with a perfect compliance history, taxable income of $500,000 or less and taxable capital of $10 million or less, in each case including associated corporations. Instalment penalty applies only where instalment interest exceeds $1,000