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Business income tax

Your company’s business form will influence your company’s incomes taxes. If you have a limited liability company or a co-operative, the income tax is paid as a part of your company taxation. In the case of any other company form, your company’s income tax will be paid as part of your personal taxes. Submit a tax return for income taxes once a year. Income tax is generally paid as an advance tax, which is supplemented when necessary.

Text edited by: editorial team
Updated: 5/20/2021