As an accounting firm, we often encounter not-for-profit organizations that are unsure if they need to file a corporate tax return in Canada. As a result, we thought it was important to provide some information on this topic to help clear up any confusion. Are you an incorporated not-for-profit in Canada? Firstly, if you're a Canadian incorporated not-for-profit, you're classified as a corporation. Canadian tax law views you this way. Hence, you must file a corporate tax return or T2. This is true regardless of income generation. Maintaining tax-exempt status requires filing a return, even with no taxable income. The general [...]