Form T2 Schedule 97 Additional Information on Non-resident Corporations in Canada (2011 and Later Tax Years) - Canada

Form T2 Schedule 97 is used to provide additional information about non-resident corporations for tax purposes in Canada for the tax years starting in 2011 and later. It is used to report details such as the amount of income earned in Canada and any taxes withheld.

The non-resident corporations in Canada file the Form T2 Schedule 97.

FAQ

Q: What is Form T2 Schedule 97?A: Form T2 Schedule 97 is a form used to provide additional information on non-resident corporations in Canada for tax years 2011 and later.

Q: Who needs to file Form T2 Schedule 97?A: Non-resident corporations in Canada for tax years 2011 and later need to file Form T2 Schedule 97.

Q: What information does Form T2 Schedule 97 require?A: Form T2 Schedule 97 requires information about the non-resident corporation's activities in Canada, including its business and permanent establishments.

Q: When is the deadline for filing Form T2 Schedule 97?A: The deadline for filing Form T2 Schedule 97 is generally within six months after the end of the corporation's tax year.

Q: Are there any penalties for not filing Form T2 Schedule 97?A: Yes, there are penalties for not filing Form T2 Schedule 97 or for filing it late. It is important to comply with the filing requirements to avoid these penalties.