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• General information - Instalment payments
• Special situations
• Calculation methods
• Payment of instalments
• Payment of balance due
• Interest on late payments

Payment of instalments

A corporation must make its instalments on the same day of the month as the end-date of its fiscal period.

Examples

Start of fiscal period	End of fiscal period	Date of instalments
June 29, 2006	June 28, 2007	28th of each month
March 13, 2006	March 12, 2007	12th of each month
March 18, 2006	March 17, 2007	17th of each month
April 1, 2006	March 31, 2007	last day of the month (February 28, or the 30th or 31st of the other months)
May 31, 2006	May 30, 2007	February 28, or the 30th of the other months

Corporation instalments may be paid

• by mail
• at an authorized financial institution
• by Internet

If the instalment is made by cheque or money order, the cheque or money order must be submitted with the remittance slip (Part 2 of form COZ-1027.R, Versement mensuel d'impôt sur le revenu, de taxe sur le capital ou de taxe compensatoire par une société).