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Is your business a registered company?
Yes, my business is an SBC
You qualify for the special tax rates for a Small Business Corporation, see here.
If you need help completing your business tax return, join our small business mailing list.
No, my business is not an SBC
You do not meet the definition of an SBC and therefore all profits are taxed at a flat rate of 28%.
If you need help completing your business tax return, try TaxTim.