This template outlines the process for completing a Compilation and T2 Business Tax Return for Canadian corporations.

The workflow is divided into clear sections:

• Initial setup and information request
• Preparation of financial statements and tax return
• Internal review and adjustments
• Client review and approval
• Filing and post-filing follow-up

Tasks are assigned to roles such as Preparer and Reviewer, with status tracking across stages. Client Requests are included to collect documents and confirm finalization.

This template is part of the Canada Core Collection. Core templates are simplified versions of existing templates. They are scaled back, medium-complexity templates, with a limited use of Client Requests, and a streamlined number of sections and tasks. They are designed to help you quickly get started with, and derive value from, Karbon templates.