Generally, all corporation taxes are due two months after the end of the tax year.
However the balance of tax is due three months after the end of the tax year if conditions 1 and 2 that follow are met, as well as condition 3 or 4:
* Effective July 1, 2020, the Alberta Corporate Income Tax Rate decreased from 10% to 8%. Income earned after December 31, 2019 and before July 1, 2020 will be taxed at 10% and income earned on or after July 1, 2020 will be taxed at 8%.
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