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Cantax T2 vs ProFile T2

Cantax T2

support.wolterskluwer.ca

ProFile T2

profile.intuit.ca

Side by side

FigureCantax T2ProFile T2
Price from—$99.17/mo
Free plan——
Free trial—Yes
Open source——
WindowsYesYes
Plans published11
Spec score · Corporate Tax Software7.6 (#10)7.8 (#8)
PurposeCantax T2 Pay-Per-File prepares income tax returns for Canadian corporations.ProFile T2 is corporate tax preparation software for T2/CO-17 returns.

Plans

Cantax T2

  • Cantax T2 Pay-Per-FileC$437, paid once

Cantax T2 pricing →

ProFile T2

  • T2/CO-17: Corporate$1,190 a year

ProFile T2 pricing →

In their own words

Cantax T2

Cantax T2 has no write-up on Specifiction yet; its figures are above.

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ProFile T2

ProFile T2 is Windows desktop software for preparing corporate T2/CO-17 returns, including amendments and consolidated returns. It supports unlimited returns and batch filing; electronic filing requires CRA EFILE registration. Corporate Linking shares tax information between related corporations and transfers RAC Details between returns. GIFI data can be imported from QuickBooks Online, Excel, and other accounting software, with carry-forward support for DT Max, Cantax, and Taxprep; availability can depend on module and version. The listed library includes over 130 CRA and provincial forms, T3 slips, and worksheets, including business, rental, and farming statements with asset tracking and CCA calculations. A real-time auditor identifies potential errors, indicates their seriousness, and offers correction explanations. Users can back up unlimited files and returns to the cloud and retrieve them later. The free trial includes all modules and features except filing completed returns. The T2/CO-17: Corporate plan is $1,190 a year and includes Québec and one license. Additional licenses cost $195 each for 1–4, $165 each for 5–7, and $145 each for 8 or more. Apple products are not supported.

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