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T2 tax calculations

Print this pageForward this document  Contra account items

How does DT Max handle GIFI contra account items?

Contra account items such as accumulated amortization may appear as negative values in the original third-party software and GIFI import file, but will appear as positive values in DT Max after importing.

This is intentional. DT Max subtracts the absolute value in calculations involving these items.

July 21, 2000