Problem
It's All Too Taxing is a CCPC with a December 31 year-end. The company's December 31, 2021 tax year-end T2 was filed with the CRA on September 30, 2022. On September 30, 2022, the Company paid its balance of tax owing to the CRA. Taxable capital is under $10 million in the current and prior year. What is the late-filing penalty for It's All Too Taxing (if any)?