T5 slip filing deadline

Who it applies to

A corporation paying a dividend, or a payer of interest above the reporting threshold. A dividend paid to the sole shareholder of a closely held corporation requires a T5 like any other.

Due dates

The last day of February, rolled to the next business day if it falls on a Saturday or Sunday. In a leap year, that is the 29th.

If you miss the date

Penalty per slip and per day late.

Frequently asked questions

Does a dividend paid to yourself require a T5?

Yes. The reporting obligation depends neither on the relationship between payer and recipient nor on the size of the corporation. The equivalent RL-3 goes to Revenu Québec.

Are the T5 and RL-3 one filing?

No. Two filings, two recipients, two confirmation numbers, but the same deadline: the last day of February.