Overview
Financial Institutions, Crown corporations and large resource corporations with a permanent establishment in Saskatchewan that have taxable paid-up capital or a value of resource sales must file a return and pay any balance of tax owing within six months following the close of the fiscal year.
Eligibility
Financial Institutions and Crown corporations which have paid-up capital in excess of $10 million are required to file a Corporation Capital Tax (CCT) return. Effective April 1, 2026, CCT on small Financial Institutions is eliminated, and effective April 1, 2027, CCT on Crown corporations is eliminated.
Corporations with fiscal years that end after the elimination date must file a final CCT return within six months from the close of the fiscal year.
In addition, large resource corporations are subject to a CCT Resource Surcharge on the value of resource sales of oil, natural gas, potash, uranium and coal in Saskatchewan. A "resource corporation" is defined as:
- A corporation that has a value of resource sales and which has taxable paid-up capital after deducting the $10 million standard exemption, the additional exemption and the investment allowance but not the deferred exploration and development expenses; or
- A resource corporation that has assets in excess of $100 million (including assets of all affiliated and associated corporations).
Resource corporations are required to complete all sections of the return for verification purposes to ensure only those corporations which meet the definition of a resource corporation are liable to pay the tax.
How to File
Your CCT return is due within six months from the close of your corporation's fiscal year. Amalgamations also require that a Saskatchewan CCT return be filed for the date prior to when the amalgamation occurred. If your company has amalgamated with another company who also has a CCT number, we request that you inform us which account number you would like to continue filing under.
There are several ways to file your CCT return:
- File using Saskatchewan eTax Service (SETS), which is an online service that offers a secure, fast and convenient way to file your CCT return. Log in or sign up on the home page.
- File CCT returns by mail:
File Using SETS as a Registered User
Forward a completed and signed return along with the relevant back-up to:
Ministry of Finance
Revenue Division
PO Box 200
Regina, SK S4P 2Z6
There are several ways to pay any balance of tax owing:
- Make a payment using Saskatchewan eTax Services(SETS).
- Make payments through internet banking or through some chartered banks in Canada.
- Mail or courier payments to the Ministry of Finance.
- Wire payments to the Ministry of Finance.
File
Corporation Capital Tax Return