Government of Saskatchewan ministries, Crown corporations and organizations are implementing contingency plans to minimize the impacts of postal service disruption.
Les ministères, sociétés d’État et organismes du gouvernement de la Saskatchewan mettent en œuvre des plans d’urgence visant à réduire les répercussions de l’interruption du service des postes.
Google Translate Disclaimer
A number of pages on the Government of Saskatchewan's website have been professionally translated in French. These translations are identified by a yellow box in the right or left rail that resembles the link below. The home page for French-language content on this site can be found at:
Where an official translation is not available, Google™ Translate can be used. Google™ Translate is a free online language translation service that can translate text and web pages into different languages. Translations are made available to increase access to Government of Saskatchewan content for populations whose first language is not English.
Software-based translations do not approach the fluency of a native speaker or possess the skill of a professional translator. The translation should not be considered exact, and may include incorrect or offensive language. The Government of Saskatchewan does not warrant the accuracy, reliability or timeliness of any information translated by this system. Some files or items cannot be translated, including graphs, photos and other file formats such as portable document formats (PDFs).
Any person or entities that rely on information obtained from the system does so at his or her own risk. Government of Saskatchewan is not responsible for any damage or issues that may possibly result from using translated website content. If you have any questions about Google™ Translate, please visit: Google™ Translate FAQs.
All resident corporations (except tax-exempt Crown corporations, Hutterite colonies and registered charities) have to file a corporation income tax (T2) return with the Canada Revenue Agency every tax year even if there is no tax payable. This includes:
Corporations with a permanent establishment in Saskatchewan must calculate and remit Saskatchewan corporation income tax in addition to federal income tax. This is levied as a percentage of the share of a corporation's taxable income that is allocated to the province.
More information on filing corporation income tax is available through the Canada Revenue Agency.
Saskatchewan small businesses, defined as Canadian-controlled private corporations, pay a reduced rate (commonly known as the small business rate) on the first $600,000 of eligible business income earned.
The small business rate was temporarily reduced in the fall, 2020, and the 2024-25 Budget announced that the tax rate will be maintained at one per cent until June 30, 2025, when the rate will be restored to two per cent.
As of January 1, 2018, the small business income threshold increased from $500,000 to $600,000.
Changes to the rate and income threshold are pro-rated for corporate taxation years that straddle effective dates.
The general tax rate applies to all income not eligible for the small business rate. Effective July 1, 2017, the general rate of corporation income tax decreased from 12% to 11.5%. Effective January 1, 2018, the general rate of corporation income tax increased from 11.5% back to 12%.
The tax rate changes are pro-rated for corporate taxation years that straddle the effective dates.
Corporations involved with manufacturing and processing (M&P) activities receive a tax reduction of up to two percentage points, depending on the extent of the company's presence in the province.
| Saskatchewan's Corporation Income Tax Rates | ||||
| Jan. 1, 2018 to Sept. 30, 2020 |
Oct. 1, 2020 to June 30, 2023 |
July 1, 2023 to June 30, 2025 |
July 1, 2025 and onward |
|
| General | 12.0% | 12.0% | 12.0% | 12.0% |
| M&P Profits | 10.0% | 10.0% | 10.0% | 10.0% |
| Small Business | 2.0% | 0.0% | 1.0% | 2.0% |
| SB Threshold | $600,000 | $600,000 | $600,000 | $600,000 |
Corporations may also qualify for other Saskatchewan tax credits in support of investments in manufacturing and processing, and research and development.
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