# TAX-02 — Corporate instalments

**Flag: Current** — Verified against the live source. Safe to cite.

**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

## Sources

- Instalment requirements (primary): https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/corporations/corporation-payments/paying-instalments/instalment-requirements.html
- https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/t4012/t2-corporation-income-tax-guide.html (mirror): https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/t4012/t2-corporation-income-tax-guide.html

Jurisdiction: FED · Verified 2026-08-27 · Review: legislative