DT Max version 12.15 includes the T2 program for fiscal periods ending from 1994 to 2009 and fully supports corporation Internet filing (T2 and CO-17). In this version...DT Max T2
Corporate tax administration for Ontario Retroactive tax reductions for businesses in Ontario Note regarding Quebec form LE-630, Information Return for the Enterprise Register New features in User's defaults New forms Modified forms Deleted forms New keywords New options Deleted keywords Deleted options Program certification
Likewise, Alberta Finance has granted DT Max a new certification, also labeled DT18. Version 12.15 has undergone an authorization process as well with Revenu Quebec for the paper (including barcode form COR-17.U) and efile versions of the CO-17 return, and has been approved under number RQCO-0802. Finally, version 12.15 has also received certification for the Manitoba corporation capital tax return, form MCT 1. Corporate tax administration for Ontario
For more information, consult the sections Single Administration of Ontario Corporate Tax and Ontario - Provincial corporation tax on the CRA's website. Retroactive tax reductions for businesses in Ontario
Note regarding Quebec form LE-630, Information Return for the Enterprise Register
A corporation can confirm that the information appearing in the Enterprise Register is up-to-date and that no change is required by:
- Checking the "YES" box in field 39 of the Corporation Income Tax Return or the Information and Income Tax Return for Non-Profit Corporations, whichever applies. A corporation wishing to update the information appearing in the Enterprise Register must check the "NO" box in field 39 of the Information Return that is used. In this case, update the information pertaining to the corporation by using the online service at www.registreentreprises.gouv.qc.ca. New features in User's defaultsConfirming compliance historyA new feature has been added in the Tax calculations section from the User's defaults option, located under the Preferences menu. The new box "Corporation has a perfect compliance history" has been pre-checked for corporations who wish to confirm their eligibility to make quarterly instalments payments for taxes owed to the federal government and/or the Quebec government.In addition, a new keyword, PerfectCompliance , has been implemented in the "Instalments" section of DT Max and may also be used, should the tax preparer be required to override the new default feature. Authorization formAlso in the User's defaults option, in the Tax return section, a new pre-selected option has been added under Authorization form that allows corporations to authorize the release of information from their files at either both the CRA and Revenu Québec (default option), or at the CRA or Revenu Québec individually, to their designated representative. In the Consent group, the keyword Account may also be used to override the program's pre-set selection.New formsFederal:- Schedule 60 - Scientific Research and Experimental Development (SR&ED) Expenditures Claim, Part 2 - Project information (as part of Schedule 32; in order to complete Schedule 60 in DT Max, use the keyword SR&EDProject )- Schedule 91 - Supplementary - Schedule 389 - Manitoba Book Publishing Tax Credit - Schedule 500 - Ontario Corporation Tax Calculation - Schedule 501 - Ontario Adjusted Taxable Income of Associated Corporations - Schedule 502 - Ontario Tax Credit for Manufacturing and Processing - Schedule 504 - Ontario Resource Tax Credit and Ontario Additional Tax re Crown Royalties - Schedule 506 - Ontario Transitional Tax Debits and Credits - Schedule 507 - Ontario Transitional Tax Debits and Credits Calculation - Schedule 508 - Ontario Research and Development Tax Credit - Schedule 510 - Ontario Corporate Minimum Tax - Schedule 511 - Ontario Corporate Minimum Tax - Total Assets and Revenue for Associated Corporations - Schedule 512 - Ontario Special Additional Tax on Life Insurance Corporations (SAT) - Schedule 513 - Agreement Among Related Life Insurance Corporations (Ontario) - Schedule 514 - Ontario Capital Tax on Financial Institutions - Schedule 515 - Ontario Capital Tax on Other than Financial Institutions - Schedule 516 - Capital Deduction Election of Associated Group for the Allocation of Net Deduction - Schedule 517 - Calculation of Ontario Capital Tax Investment Allowance for Financial Institutions - Schedule 524 - Ontario Specialty Types - Schedule 546 - Corporations Information Act : Annual Return for Ontario Corporations - Schedule 547 - Supplement - Corporations Information Act : Annual Return for Ontario Corporations (as part of Schedule 546) - Schedule 548 - Corporations Information Act : Annual Return for Foreign Business Corporations - Schedule 550 - Ontario Co-operative Education Tax Credit - Schedule 552 - Ontario Apprenticeship Training Tax Credit - Schedule 554 - Ontario Computer Animation and Special Effects Tax Credit - Schedule 556 - Ontario Film and Television Tax Credit - Schedule 558 - Ontario Production Services Tax Credit - Schedule 560 - Ontario Interactive Digital Media Tax Credit - Schedule 562 - Ontario Sound Recording Tax Credit - Schedule 564 - Ontario Book Publishing Tax Credit - Schedule 566 - Ontario Innovation Tax Credit - Schedule 568 - Ontario Business-Research Institute Tax Credit - Schedule 569 - Ontario Business-Research Institute Tax Credit Contract Information Quebec:- CO-17S.10 - Transactions with Shareholders, Officers, or Employees- CO-1029.8.36.IC - Choix concernant le crédit d'impôt pour investissement - CO-1029.8.36.IN - Crédit d'impôt pour investissement Modified formsFederal:- Schedule 200 - T2 Corporation Income Tax Return
- Schedule 5 - Tax Calculation Supplementary - Corporations - Schedule 18 - Federal and Provincial or Territorial Capital Gains Refund - Schedule 21 - Federal and Provincial or Territorial Foreign Income Tax Credits and Federal Logging Tax Credit - Schedule 31 - Investment Tax Credit - Corporations - Schedule 32 - Scientific Research and Experimental Development (SR&ED) Expenditures Claim - Schedule 49 - Agreement among Associated Canadian-Controlled Private Corporations to Allocate the Expenditure Limit - Schedule 53 - General Rate Income Pool (GRIP) Calculation - Schedule 91 - Information Concerning Claims for Treaty-Based Exemptions - Schedule 381 - Manitoba Manufacturing Investment Tax Credit - Schedule 383 - Manitoba Corporation Tax Calculation - Schedule 384 - Manitoba Co-op Education and Apprenticeship Tax Credit - Schedule 387 - Manitoba Community Enterprise Investment Tax Credit - Schedule 422 - British Columbia Film and Television Tax Credit - Schedule 423 - British Columbia Production Services Tax Credit - Schedule 427 - British Columbia Corporation Tax Calculation - RC-59 - Business Consent Form - T106 - Information Return of Non-Arm's Length Transactions With Non-Residents - T137 - Request for Destruction of Records - T1145 - Agreement to Allocate Assistance Between Persons Not Dealing at Arm's Length for Scientific Research and Experimental Development (SR&ED) - T1146 - Agreement to Transfer Between Persons Not Dealing at Arm's Length Qualified Expenditures Incurred In Respect of Scientific Research and Experimental Development (SR&ED) Contracts - T1174 - Agreement Between Associated Corporations to Allocate Salary or Wages of Specified Employees for Scientific Research and Experimental Development (SR&ED) Quebec:- CO-17-T - Corporation Income Tax Return- CO-17.SP - Information and Income Tax Return for Non-Profit Corporations - COR-17.W - Keying Summary of Corporation Income Tax Return - CO-17.R - Request for an Adjustment to a Corporation Income Tax Return or to an Income Tax and Information Return - CO-737.18.18 - Exemption for Small and Medium-Sized Manufacturing Businesses in Remote Resource Regions - CO-771 - Calculation of the Income Tax of a Corporation - CO-786 - Patronage Dividend Deduction - CO-1029.8.33.6 - Tax Credit for an On-the-Job Training Period - CO-1029.8.33.13 - Tax Credit for the Reporting of Tips - CO-1029.8.35 - Tax Credit for Quebec Film Productions - CO-1029.8.36.5 - Tax Credit for a Design Activity Carried Out by an Outside Consultant - CO-1029.8.36.7 - Tax Credit for an In-house Design Activity - CO-1029.8.36.EM - Refundable Tax Credit for Resources - CO-1029.8.36.FM - Tax Credit for Francization or for Training in the Manufacturing Sector - CO-1029.8.36.PM - Tax Credit for Corporations Specialized in the Production of Multimedia Titles - CO-1029.8.36.RV - Tax Credit for Job Creation in a Designated Region - CO-1029.8.36.RX - Agreement Respecting the Tax Credit for Job Creation in a Designated Region - CO-1029.8.36.SP - Tax Credit for Film Production Services (NB : DT Max offers no calculation support for this form) - CO-1136 - Calculation of Paid-Up Capital - CO-1136.CS - Paid-Up Capital for Purposes of Calculating the Income Tax of Certain Corporations - CO-1137.A - $1 Million Deduction - CO-1137.E - Agreement Respecting the $1 Million Deduction - CO-1159.2 - Compensation Tax for Financial Institutions - RD-1029.7.8 - Agreement Between Associated Corporations Regarding the Expenditure Limit - MR-69 - Power of Attorney, Authorization to Communicate Information, or Revocation Manitoba:- MCT1 - Corporation Capital Tax ReturnAlberta:- AT1 Schedule 1 - Alberta Small Business Deduction- AT1 Schedule 15 - Alberta Resource Related Deductions Deleted formsFederal:- Schedule 420 - British Columbia Royalty and Deemed Income Rebate Calculation and Application (Corporations)Quebec:- CO-17.SP.R - Information Request for an Adjustment to the Income Tax Return of a Non-Profit Corporation- LE-630 - Information Return for the Enterprise Register Ontario:- CT23 - Corporations Tax and Annual Return (including the Short-Form version and the Supplements)- CT23 Schedule 2 - Ontario Charitable Donations and Gifts - CT23 Schedule 5 - General Allocation - CT23 Schedule 5A - Allocation - Navigation Corporations - CT23 Schedule 5B - Allocation - Chartered Banks - CT23 Schedule 5C - Allocation - Loan and Trust Corporations - CT23 Schedule 5D - Allocation - Railway Corporations - CT23 Schedule 5E - Allocation - Airline Corporations - CT23 Schedule 5F - Allocation - Grain Elevator Operators - CT23 Schedule 5G - Allocation - Bus and Truck Operators - CT23 Schedule 5H - Allocation - Pipeline - CT23 Schedule 6 - Ontario Summary of Dispositions of Capital Property - CT23 Schedule 7 - Calculation of Aggregate Investment Income and Active Business Income - CT23 Schedule 8 - Ontario Capital Cost Allowance - CT23 Schedule 10 - Ontario Cumulative Eligible Capital Deduction - CT23 Schedule 12 - Ontario Exploration Expenses - CT23 Schedule 13 - Ontario Continuity of Reserves - CT23 Schedule 17 - Additional Deduction for Credit Unions - CT23 Schedule 18 - Ontario Capital Gains Refund - CT23 Schedule 24 - First-time Filer after Incorporation, Amalgamation, or Winding-up of a Subsidiary into a Parent - CT23 Schedule 27 - Ontario Manufacturing and Processing Profits Credits - CT23 Schedule 44 - Non-Arm's Length Transactions - CT23 Schedule 101 - Corporate Minimum Tax - CT23 Schedule 108 - Ontario Sound Recording Tax Credit - CT23 Schedule 109 - Ontario Current Cost Adjustment (OCCA) - CT23 Schedule 110 - Ontario Political Election Contributions Schedule 2A - CT23 Schedule 111 - Ontario Foreign Tax Credit - CT23 Schedule 112 - Ontario Book Publishing Tax Credit (OBPTC) Claim - CT23 Schedule 113 - Cooperative Education Tax Credit (CETC) - CT23 Schedule 114 - Apprenticeship Training Tax Credit (ATTC) - CT23 Schedule 115 - Graduate Transitions Tax Credit (GTTC) - CT23 Schedule 198 - Ontario Business-Research Institute Tax Credit (OBRITC) - CT23 Schedule 160 - Ontario Research and Development Super Allowance - CT23 Schedule 161 - Ontario Scientific Research and Experimental Development Expenditures - CT23 Schedule 591 - Capital Tax Election of Associated Group Agreement for Allocation of Taxable Capital Deduction (TCD) - OITC - Ontario Innovation Tax Credit - Claim Form for Capital Tax Elimination for Manufacturing and Resource Activities New keywords
Use the keyword ADJ-TAX-INC to enter the adjusted taxable income of the associated corporation (Canadian and foreign). If the associated corporation's tax year ends before January 1, 2009, the adjusted taxable income equals the taxable income or taxable income earned in Canada reported on line 10 (or line 20 if applicable) on the CT23. If the associated corporation's tax year ends after December 31, 2008, the adjusted taxable income equals the taxable income or taxable income earned in Canada plus its adjusted Crown royalties minus its notional resource allowance for the year. If the associated corporation's tax year is less than 51 weeks, multiply the adjusted taxable income by 365 and divide by the number of days in the associated corporation's tax year. b) Sch513-Filed : Schedule 513 has been filed with the corp return Use Sch513-Filed to indicate that schedule 513 (Agreement among related life insurance corporations (Ontario)) has been filed with the corporation's return. c) QC-M&P-Ded.re : Deduction for a manufacturing corporation - previous year Use the keyword QC-M&P-Ded.re to enter the amount of deduction for a manufacturing corporation (code 08) claimed on line 393 or line 394 of Quebec form CO-1136 in the preceding tax year. d) OBRITC-ExpLim : Expenditure limit (OBRITC) allocated to associated corp Based on the OBRITC-ExpLim amount entered, DT Max will calculate the filing corporation's expenditure limit for purposes of the Ontario business-research institute tax credit. The amount to be allocated is a maximum of $20 million. e) TAXABLE-CAP.RE : Taxable capital employed in Canada (sch. 34) Use the keyword TAXABLE-CAP.RE to enter taxable capital employed in Canada for the year from federal schedule 34. f) Invest-Allow.re : Type of asset qualifying for the investment allowance Use the keyword Invest-Allow.re to specify the type of asset in which the corporation has invested and for which it will be claiming an investment allowance. g) ONT-ALLOC% : Ontario allocation factor for the current year Use the keyword ONT-ALLOC% to enter the current year's Ontario allocation factor (OAF). h) Partner-Share : Assoc corp share of partnership's total assets and revenues - previous yr Use the keyword Partner-Share to enter the associated corporation's share of the partnership's total assets and total revenues from the previous year. i) ELIG-REGIONCR.RE : Corporation qualifies and elects to forego the regional tax credit (CO-1029.8.36.RV) Use the keyword ELIG-REGIONCR.RE to indicate that the corporation qualifies for the regional tax credit, more specifically the crédit d'impôt pour la création d'emplois dans une région désignée (CO-1029.8.36.RV) and elects to forego this credit in order to claim the Quebec investment tax credit (CO-1029.8.36.IN). j) SECTORACTIVITY.RE : Sector of activity of the businesses concerned Use the keyword SECTORACTIVITY.RE to indicate the sector of activity of the businesses concerned. k) More-Info-Id : Additional information Use the keyword More-Info-Id to enter additional address information. This will be line two of the address. l) Assets.re : Total assets of associated corp in tax yr for Ont CMT Assets.re is used to determine if this corporation is subject to the Ontario Corporate Minimum Tax (CMT). If total assets of the associated group exceed $5 million, this corporation will be subject to CMT.
Use the keyword Res-Allowance to enter the notional resource allowance for the year as determined in subsection 108(2) of Ontario Regulation 183. b) AMOUNT-CF.R : Resource tax credit balance carried forward Use the keyword AMOUNT-CF.R to enter the resource tax credit balance at the end of the previous tax year. Do not enter an amount for the first tax year ending in 2009. DT Max will automatically carry forward the resource tax credit balance at the end of the current tax year to next year. c) CR-TRANS.R : Resource tax credit balance transferred on amalgamation or wind-up Use the keyword CR-TRANS.R to enter the resource tax credit balance transferred on an amalgamation or wind-up of a subsidiary in a previous tax year. Do not enter an amount for the first tax year ending in 2009.
Use the keyword QC-M&P-Ded to enter the amount of deduction for a manufacturing corporation (code 08) claimed on line 393 or line 394 of Quebec form CO-1136 in the preceding tax year.
Use the keyword S23-AssoCode to indicate the association code.
Enter the name of the partnership using the keyword Partner-Name.e , for purposes of the Schedule 550. The same name must also be entered in the keyword Name.re within the RelatedParty group in order to allow entry of other data pertaining to the partnership. b) University.e : Name of university, college, or other eligible educational institution Use the keyword University.e to enter the name of the university, college, or other eligible educational institution where the student is enrolled in a qualifying education program. c) Ed-Program.e : Qualifying co-operative education program Use the keyword Ed-Program.e to enter the name of the qualifying co-operative education program in which the student is enrolled. d) Name-Student.e : First name and last name of student Use the keyword Name-Student.e to enter the first name and last name of the individual enrolled in a qualifying education program. e) Work-Start.e : Start of work term Use the keyword Work-Start.e to enter the start of the work term of the student enrolled in a qualifying education program. A work term cannot exceed four months in duration. f) Work-End.e : End of work term Use the keyword Work-End.e to enter the end of the work term of the student enrolled in a qualifying education program. g) Elig-Costs.e : Eligible expenditures of placement Use the keyword Elig-Costs.e to enter the amount of eligible cost of work placement of the student enrolled in a qualifying education program. h) Cr-AssistRepaid : CETC on repayment of government assistance Use the keyword Cr-AssistRepaid to enter the amount of government assistance multiplied by the eligible percentage for the tax year in which the assistance was received. i) ASSIST-REPAID : ATTC on repayment of government assistance Use the keyword ASSIST-REPAID to enter the amount of government assistance multiplied by the specified percentage for the tax year in which the assistance was received.
Use the keyword OCASE-Estim-Cr to enter the estimated Ontario computer animation and special effects tax credit for this production. b) NameParent : Name of parent corporation (if repayment applies) Use the keyword NameParent to enter the name of the parent corporation (only if a repayment has been entered). c) BN-Parent : Business number of parent corporation (if repayment applies) Use the keyword BN-Parent to enter the business number of the parent corporation (only if a repayment has been entered). d) Estim-Product : Estimated amounts for this production Use the keyword Estim-Product to enter the estimated production costs, qualifying Ontario labour expenditure and Ontario film and television tax credit (OFTTC) for this production.
Use NAME.S to enter the corporation's name Certificate of Eligibility, if different than corporation's legal name. b) ARTIST : Name of artist Use ARTIST to enter the name(s) of the artist(s). c) PARTNER-NAME.S : Partnership's name Enter the name of the partnership using the keyword PARTNER-NAME.S, for purposes of the Schedule 562. The same name must also be entered in the keyword Name.re within the RelatedParty group in order to allow entry of other data pertaining to the partnership. d) CERT-NUM.S : Certificate number Use the keyword CERT-NUM.S to enter the certificate of eligibility number. e) Title.s : Title of sound recording Use the keyword Title.s to enter the title of sound recording. f) VIDEO : Name of video Use the keyword VIDEO to enter the name(s) of video(s). If there is no name of video, NA must be entered. g) QUAL-EXP.S : Qualifying expenditures incurred for this sound recording Use the keyword QUAL-EXP.S to enter the qualifying expenditures incurred for this sound recording. h) PREVYRINFO : Information about previous years Use the keyword PREVYRINFO to enter the information pertaining to previous years.
Use Name.b to enter the corporation's name Certificate of Eligibility, if different than corporation's legal name. b) Partner-Name.b : Partnership's name Enter the name of the partnership using the keyword Partner-Name.b , for purposes of the Schedule 564. The same name must also be entered in the keyword Name.re within the RelatedParty group in order to allow entry of other data pertaining to the partnership. c) Certificate-Num : Certificate number Use the keyword Certificate-Num to enter the certificate of eligibility number. d) Title.b : Title of literary work Use the keyword Title.b to enter the title of literary work. e) Date.b : Date of certificate Use the keyword Date.b to enter the date of certificate. f) Genre : Genre of literary work Use the keyword Genre to enter the genre of the eligible literary work. g) Author.b : Name(s) of author(s) Use the keyword Author.b to enter the name(s) of the author(s). h) ISBN : International standard book number Use the keyword ISBN to enter the international standard book number. i) Date-Published : Date of publication Use the keyword Date-Published to enter the date of publication of the eligible book. j) Number-Pages : Number of pages attributable to eligible book Use the keyword Number-Pages to enter the number of pages attributable to eligible book published in the tax year. k) Number-Books : Number of books in print run Use the keyword Number-Books to enter the number of books in print run. l) Format : Format of eligible book Use the keyword Format to indicate whether the book is in hardcover or paperback format. m) Classification : Classification of eligible book. Use the keyword Classification to indicate the book type. n) COUTS-MO.B : Book publishing labour costs Use the keyword Labour-Costs.b to enter the book publishing labour costs for purposes of the Manitoba tax credit. o) Title-Book : Title of the eligible book Use the keyword Title-Book to enter the title of the eligible book. p) Total-Pages : Total number of pages attributable to books published Use the keyword Total-Pages to enter the total number of pages attributable to all books published in the tax year. q) Advances.b : Monetary advances made to authors Use the keyword Advances.b to enter the total non-refundable monetary advances made to authors of eligible books in the tax year. r) Print-Costs : Printing costs paid for eligible books printed on recycled content Use the keyword Print-Costs to enter the eligible printing costs paid in the tax year for eligible books printed on at least 30% recycled content comprised of post-consumer waste paper. s) DatePublication : Date of publication Use the keyword DatePublication to enter the date of publication.
Enter the name of the partnership using the keyword PartnerName.s , for purposes of the Schedule 569. The same name must also be entered in the keyword Name.re within the RelatedParty group in order to allow entry of other data pertaining to the partnership. b) ERI-Code : Code and name of eligible research institute Use the keyword ERI-Code to choose the eligible research institute appearing on the eligible contract. c) Date-Contract : Date of the eligible contract Use the keyword Date-Contract to enter the date of the eligible contract. d) Advanced-Ruling : Whether contract was subject to an advanced ruling Use the keyword Advanced-Ruling to indicate whether or not the contract was subject to an advanced ruling since the date of contract was before August 10, 2007. e) Assistance.si : Amount of eligible repayments of government or non-government assistance Use Assistance.si to enter the amount of eligible repayments of government or non-government assistance for purposes of federal schedule 566. f) OntR&DExp : Amounts related to current year SR&ED claim Use OntR&DExp if the corporation is claiming the Ontario SR&ED tax credit. g) ProvCr-Alloc.s : Amount and source of tax credits allocated Use the keyword ProvCr-Alloc.s to enter the Ontario research and development tax credit which has been allocated to the corporation.
Use the keyword DEPTAKING-INST to indicate whether or not the corporation is a deposit-taking institution or related to a deposit-taking institution in the tax year. This information is needed for purposes of federal schedule 514.
Use the keyword JUR-INCORP to enter the jurisdiction and date incorporated, continued or amalgamated, whichever is the most recent. b) CARE-OF.O : Name of person at principal office for address to be in care of The name of the person at the principal office entered in CARE-OF.O will print as the first line of the address when the address entered in this group is printed on the return. c) LANGUAGE.O : Language of preference Use the keyword LANGUAGE.O to indicate the language of preference. This is the language recorded on the MGCS public record for communication with the corporation and may be different from line 990 on the T2 return. d) FIRSTNAME.O : First name Use this keyword to enter the first name of the individual. e) MIDDLENAME.O : Middle name Use this keyword to enter the middle name of the individual who is either an agent for service or chief officer/manager. This information will appear on Schedule 548 where required. f) SUITE.O : Suite number Use the keyword SUITE.O to enter the suite number. g) ON-CORP-NO.O : Ontario corporation number of agent for service Use this keyword to enter the Ontario corporation number for a corporation that is an agent for service. This information will appear on schedule 548. h) DATE-START.O : Date the chief officer/manager was appointed Use this keyword to enter the date that the chief officer/manager was appointed. This information will appear on schedule 548. i) DATE-END.O : Date the chief officer/manager was ceased Use this keyword to enter the date that the chief officer/manager was ceased. This information will appear on schedule 548. j) DISPLAY-ADDRESS : Whether or not to display address on MGCS public record Use the keyword DISPLAY-ADDRESS to indicate if the mailing address should be shown on the MGCS public record.
Use the keyword Commission-Amt to enter the amount of the commission from sales agencies. b) Commission-Rate : Percentage of the commission Use the keyword Commission-Rate to enter the percentage of the commission from the sales agencies.
Use Province.te to indicate the province(s) and/or territory(ies) where services were provided in Canada. b) Contract-Start : Date contract/project commenced Use Contract-Start to enter the date that the contract or project started. c) Contract-End : Date contract/project completed Use Contract-End to enter the date that the contract or project ended.
Use the keyword Ont-M&PActivity to indicate the type of activity in Ontario that generated eligible Canadian profits in order to determine the tax credit for M&P. b) Income.m : Eligible Canadian income (cost of capital and labour) Use the keyword Income.m to enter the amounts related to the cost of capital and the cost of labour for the specified activity in order to determine the eligible Canadian income for that activity. c) Mining-Profits : Mining profits under subparagraph 33(7)(2)(i) Use the keyword Mining-Profits to enter the mining profits under subparagraph 33(7)(2)(i) of the Taxation Act (Ontario). d) PrevYr-Exempt : Whether the M&P corp was exempt from filing MCT1 in the previous year Use the keyword PrevYr-Exempt to indicate whether or not the qualifying M&P corporation was exempt from corporation capital tax in the previous year. If a corporation qualifies for this exemption, no further Corporation Capital Tax Returns will be required to be filed in the future. However, if in a fiscal year beginning before Jan. 1, 2011, the percentage of M&P activities in Manitoba reduces to 50% or less, the corporation must file a Corporation Capital Tax Return for that year.
Use the keyword Digital-Media if you wish to claim the Ontario interactive digital media tax credit (Schedule 560). b) Cert-Num.d : Certificate of eligibility number Use the keyword Cert-Num.d to enter the 9-character certificate number. c) Title.d : Product title Use the keyword Title.d to enter the product title. d) Estim-OIDMTC : Estimated amount of the Ontario digital media tax credit for this product Use the keyword Estim-OIDMTC to enter the estimated amount of the Ontario digital media tax credit for this product. e) SPECIFIED-PRODUC : Whether the product is a specified product Use the keyword Specified-Product to indicate whether or not the product is a specified product. f) Eligible-Exp : Type of eligible expenditures that were incurred Use the keyword Eligible-Exp to indicate the type of eligible expenditures that were incurred for the product. g) Salaries.d : Salaries or wages related to product Use the keyword Salaries.d to enter the qualified wage amount for salaries or wages paid to employees by the qualifying corporation for the eligible product. h) Remuneration.d : Remuneration directly attributable to the eligible product Use the keyword Remuneration.d to enter amounts for remuneration directly attributable to the eligible product. i) Prod-Expenses.d : Product expenses Use the keyword Prod-Expenses.d to enter the product costs directly attributable to the product. j) Assistance.dm : Assistance attributable to expenditures Use the keyword Assistance.dm to enter the amount of government assistance received or receivable that is attributable to the labour and marketing/distribution expenditures for the eligible product.
Use the keyword Episodic-Prod to enter the total amount of accredited qualified BC labour expenditures for the specific episodes.
Use the keyword Sub-Contractors to indicate whether or not the corporation had any sub-contractors during the year, if the corporation's major business activity was construction.
Use the keyword INDIVIDUAL.O to indicate whether the individual is a director and/or an officer. b) LASTNAME.O : Last name Use this keyword to enter the last name of the individual. c) DIR-CDNRES : Whether the director is a Canadian resident Use the keyword DIR-CDNRES to indicate whether or not the director is a Canadian resident. This applies to directors of business corporations only. d) POS-START.O : Date the director/officer was appointed Use this keyword to enter the date that the director/officer was appointed. e) POS-END.O : Date the director/officer was ceased Use this keyword to enter the date that the director/officer was ceased.
Use the keyword DISPOSITION.M to enter the consideration attributable to the disposition of property, or the supply of a service, to the corporation or to a person not dealing at arm's length with the corporation.
Use the keyword Que-ITC if the corporation wishes to claim a Quebec investment tax credit (CO-1029.8.36.IN). b) ELIG-REGIONTAXCR : Corporation qualifies and elects to forego the regional tax credit (CO-1029.8.36.RV) Use the keyword ELIG-REGIONTAXCR to indicate that the corporation qualifies for the regional tax credit, more specifically the crédit d'impôt pour la création d'emplois dans une region désignée (CO-1029.8.36.RV) and elects to forego this credit in order to claim the Quebec investment tax credit (CO-1029.8.36.IN). c) SECTORACTIVITY : Sector of activity of the businesses concerned Use the keyword SECTORACTIVITY to indicate the sector of activity of the businesses concerned. d) Date.qi : Date when the corporation acquired and began to use the asset Use the keyword Date.qi to enter the acquisition date and the beginning date of usage pertaining to the asset. e) Partner-Info.qi : Type of relationship partnership is involved in Use the keyword Partner-Info.qi to indicate whether the partnership is an eligible partnership whereby the corporation is a member, an intermediary partnership whereby the corporation is a member, or an eligible partnership whereby the corporation is a member by an intermediary partnership. f) Partner-Name.qi : Partnership's name Enter the name of the partnership using the keyword Partner-Name.qi , for purposes of Quebec form CO-1029.8.36.IN. The same name must also be entered in the keyword Name.re within the RelatedParty group in order to allow entry of other data pertaining to the partnership. g) Region-Code : Codes for regions et RCMs Enter the code for the region or the RCM where the eligible investment has been made. h) Descript.qi : Description of the asset (eligible investment) Use the keyword Descript.qi to enter the description of the asset from class 43 or 29 that qualifies as an eligible investment for the capital tax credit. i) Elig-Invest.qi : Capital cost of eligible investment incurred in the year Use the keyword Elig-Invest.qi to enter a portion or all of the capital cost of the eligible investment, which was incurred in the year. j) Assistance.qi : Government / non government assistance received (+) or repaid (-) Use the keyword Assistance.qi to enter government or non government assistance received as a positive amount. If such assistance was repaid, enter it as a negative amount. k) Benefit.qi : Amount of benefit or advantage obtained or expected Use the keyword Benefit.qi to enter the amount of benefit or advantage that a person or partnership obtained, is entitled to obtain, or can reasonably expect to obtain. l) Amount-CF.qi : Investment tax credit carried forward Use the keyword Amount-CF.qi to enter the amount of investment tax credit carried forward from line 99 of previous year's form CO-1029.8.36.IN. m) Amount-WriteOff : ITC amount that has been written off Use the keyword Amount-WriteOff to enter the amount of investment tax credit for property which no longer qualifies and whose amount has been written off. n) Credit-Lim.qi : Limit the amount of ITC claimed in current year Use the keyword Credit-Lim.qi to limit the amount of investment tax credit that is claimed in the current tax year on line 90 of Quebec form CO-1029.8.36.IN.
Use the keyword Amended to enter the text you wish to see appear as watermark on each page of the tax return.
Use the keyword PerfectCompliance to indicate whether or not the corporation has a perfect compliance history in order to be eligible to make quarterly instalment payments.
Use the keyword Dir-Resolutions to indicate whether or not copies of the resolutions of the directors were submitted in a prior year.
Use Credit-AOC to indicate whether or not the corporation is claiming a CMT credit earned before an acquisition of control. If yes, the CMT credit deducted in the current year may be restricted. b) CMTCr-Lim : Limit to CMT credit claimed Use CMTCr-Lim to limit the amount of CMT credit to be claimed in the current tax year. c) Adjust-AOC : Adjustment for an acquisition of control Use the keyword Adjust-AOC to enter an adjustment for an acquisition of control. This is the portion of the CMT loss available that exceeds the adjusted net income for the tax year from business(es) continued from before the acquisition of control.
This is the amount of the Ontario research and development tax credit (R&D) to carry forward into the current year and earned in the particular year of reference entered here.
Use ONT-SR&EDOV to override the current part of Ontario research and development tax credit claimed by the corporation. DT Max will otherwise calculate and claim the maximum allowable on the federal schedule 508.
Use the keyword Name-Pred to enter the name of the predecessor corporation with a PE in Ontario. b) Name-Sub : Name of wound-up subsidiary Use the keyword Name-Sub to enter the name of the wound-up subsidiary with a PE in Ontario. c) Fed-Balance : Total federal balance of predecessor corp before amalgamation Use the keyword Fed-Balance to enter either the total federal balance of the predecessor corporation immediately before the eligible amalgamation or the total federal balance of the subsidiary corporation immediately after the completion time of the windup. d) Ont-Balance : Total Ontario balance of predecessor corp before amalgamation Use the keyword Ont-Balance to enter either the total Ontario balance of the predecessor corporation immediately before the eligible amalgamation or the total Ontario balance of the subsidiary corporation immediately after the completion time of the windup. e) Days.t : Days in reference period Use the keyword Days.t to enter the applicable days in the reference period. A corporation's "reference period" is the period that begins at the beginning of the corporation's first taxation year ending after 2008 and that ends either five calendar years later or, if earlier, the end of 2013. For a corporation with a taxation year that includes the start of 2009, the beginning of its reference period coincides with its transition time. f) Transfers-Amt : Amount of specified pre-2009 transfers Use the keyword Transfers-Amt to enter the amount of specified pre-2009 transfers. If you are the transferee and have received a property in your tax year ending in 2008, enter the transferor's adjusted POD. If you are the transferor and have disposed of a property in your tax year ending after 2008, enter the transferee's AOC. g) Ont-Transition : Ontario transitional tax debits and credits Use the keyword Ont-Transition to enter information relating to the Ontario transitional tax debits and credits calculation found on federal schedule 506. h) Trans-Balance : Transitional balance categories Use the keyword Trans-Balance to choose the type of transitional balance category. i) Credit-CF : Unused transitional tax credit carried forward Use the keyword Credit-CF to enter the unused transitional tax credit carried forward from the previous year (amount from line 580 of the previous year). j) Cr-Transf-CF : Unused transitional tax credit transferred from predecessor or subsidiary Use the keyword Cr-Transf-CF to enter the unused transitional tax credit transferred from a predecessor corporation or a subsidiary on an eligible amalgamation or an eligible post-2008 windup. k) Fed-Balance.o : Components of a corporation's total federal balance Use the keyword Fed-Balance.o to enter the components of a corporation's total federal balance. l) Ont-Balance.o : Components of a corporation's total Ontario balance Use the keyword Ont-Balance.o to enter the components of a corporation's total Ontario balance. m) Election-R&D : Election to reduce federal SR&ED expenditure pool Use the keyword Election-R&D to indicate if the corporation is making an election under clause (b) of the definition of "I" in paragraph 1 of subsection 48(4) of the Taxation Act, 2007 (Ontario). This election may be made if the tax year includes January 1, 2009 or the previous tax year-end is deemed to be December 31, 2008, under subsection 249(3). n) Early-Terminate : Reason for early termination of the amortization period, if applicable Use the keyword Early-Terminate to indicate the reason for the early termination of the amortization period, if it applies to the corporation. o) EarlyTerm-Date : Date of early termination of the amortization period Use the keyword EarlyTerm-Date to enter the date of early termination of the amortization period. p) Relevant-OAF : Relevant Ontario allocation factor Use the keyword Relevant-OAF to enter the relevant Ontario allocation factor. q) Prev-Years.o : Previous years information, if electing to reduce federal SR&ED exp. pool Use the keyword Prev-Years.o to enter the previous years information, if electing to reduce the federal SR&ED expenditure pool. r) TRANSBAL-TRANSF : Federal SR&ED transitional balance transferred on amalgamation or windup Use the keyword TRANSBAL-TRANSF to enter the federal SR&ED transitional balance transferred on an eligible amalgamation or an eligible post-2008 windup. This information is required if the corporation or predecessor is electing to reduce the federal SR&ED expenditure pool. s) Days-Period-OV : Days in reference or amortization period /ov Use the keyword Days-Period-OV to override to number of days in the reference period or the number of days in the amortization period.
Use ContactTech-R&D to enter the name of the contact person for technical information. This information will appear on schedule 32 (T661). b) ContactTech-Phone : Telephone number of contact person for technical information [F120] Use ContactTech-Phone to enter the telephone number of the contact person for technical information. c) ContactTech-Fax : Fax number of contact person for technical information [F125] Use ContactTech-Fax to enter the fax number of the contact person for technical information. d) Partnership-Claim : If current R&D claim is being filed for a partnership Use the keyword Partnership-Claim to indicate whether or not the current SR&ED claim is being filed for a partnership. e) T5013-Filed : Whether Form T5013 was filed, if current R&D claim is for a partnership [F151] Use the keyword T5013-Filed to indicate whether or not Form T5013 was filed, if the current SR&ED claim is being filed for a partnership.
Enter the number of contracts related to derivatives acquired or provided to the non resident person here. The amounts entered will be disclosed on the T106 form. b) Notional-Amt : Notional amount that applies to swap transactions Use the keyword Notional-Amt to enter the notional amount that applies to swap transactions. c) Derivative-Amt : Derivative revenue/expenditure - type and amount Enter the amount of revenues and expenditures related to derivatives acquired or provided to the non resident person here. The amounts entered will be disclosed on the T106 form. d) CurrencyCode : Elected functional currency code, if applicable If an election was made under paragraph 261(3)(b) of the Income Tax Act to report in a functional currency, use the keyword CurrencyCode to indicate the functional currency used to state all monetary amounts. Otherwise, state all monetary amounts in Canadian dollars. New options
Disposition of petroleum Payments made to reimburse Crown charges Corp. share of partnership mining tax Corp. share of partnership crown charge
Tax. capital employed in CA - NR life insurance
Book publishing tax credit - Man Environmental trust tax credit - Ontario Small business ITC - Ontario Small business ITC repayment -Ontario SR&ED - Ontario
Specialty mutual insurance Limited liability corporation Other
Assistance not directly attributable to labour expenditures Canadian film or video production tax credit Ontario refundable tax credits
Qual. labour expenditures before March 26, 2008 Qual. labour expenditures after March 25, 2008 Qual. marketing/distrib. exp. before March 26, 2008 Qual. marketing/distrib. exp. after March 25, 2008 Qual. labour expenditures before Jan. 1, 2008 Qual. labour expenditures in 2008 and 2009 Qual. labour expenditures after Dec. 31, 2009 Qualified labour expenditures before Jan. 1, 2010 Qualified labour expenditures in 2008 & 2009 Qualified labour expenditures after Dec. 31, 2009
Receives regional bonus
Ontario film and television Ontario production services
Estimated qualifying labour expenditure Estimated tax credit for the production
Benefit or advantage not used to reduce cost
Date of certificate
Total credit claimed in previous years
102 Carleton University 103 Dominican University College Etc.
Corp is a deposit-taking institution and is related to one Corp is not a deposit-taking institution but related to one Corp is not a deposit-taking institution nor related to one
Deductible SR&ED expenditures
AK Alaska AL Alabama Etc.
MF Saint Martin
Address of principal office in Ontario (Sch. 548) Mailing address (Sch. 546) Language of preference (Sch. 547/548) Date commenced or ceased activities (Sch. 548) Chief officer or manager (Sch. 548) Agent for service (Sch. 548) Director/Officer information (Sch. 547)
Date ceased activity in Ont.
02 Sport/Recreation 03 Construction 04 Petroleum and gas 05 Transportation 06 Communications 07 Business professionals 08 Architect/Engineer/Scientific/Tech. 09 Education 10 Health 11 Other
110 Acct. design. (prepared return & fin. info. - no F/S)
72 Francization 73 Investment 74 E-business development
081 Training in French 082 Job creation in the resource regions 083 Job creation - Aluminium Valley 084 Job creation - Gaspésie/Maritime regions 085 Investment 086 E-business development
Farming/Fishing/Logging only Mining only Reg. activities & Farming/Fishing/Logging Reg. activities & Mining Farming/Fishing/Logging & Mining Reg. activities, Farming/Fishing/Logging, Mining
Cost of M&P capital - Farming/Fishing/Logging Cost of labour - Farming/Fishing/Logging Cost of M&P labour - Farming/Fishing/Logging Cost of capital - Mining Cost of M&P capital - Mining Cost of labour - Mining Cost of M&P labour - Mining
Labour exp. by predecessor corp. Eligible labour exp. by in previous yr Eligible labour exp. by predecessor corp. in previous yr Eligible marketing/distr. exp. - previous years Elig. marketing/distr. exp. pred. corp. - previous years Marketing and distribution expenses Marketing/distribution exp. by predecessor corp. Eligible marketing/distr. exp. - previous year Elig. marketing/distr. exp. pred. corp. - previous year
Share of partnership's total revenues - previous year
Distant location prod. services tax cr.
Display mailing address same as head/registered office Display different mailing address Do not display address of principal office Display address of principal office
Individual is an officer only Individual is a director and officer
Manitoba capital costs
Manitoba labour costs
Francization in the workplace - partnership
01 Bas-Saint-Laurent 03 Capitale-Nationale 17 Centre-du-Québec 12 Chaudière-Appalaches 09 Côte-Nord 05 Estrie 11 Gaspésie - Iles-de-la-Madeleine 14 Lanaudière 15 Laurentians (excluding the RCM of Antoine-Labelle) 13 Laval 04 Mauricie 16 Montérégie 06 Montreal 52 RCM of Antoine-Labelle, in the Laurentians 50 RCM of Vallée-de-la-Gatineau, in the Outaouais 51 RCM of Pontiac, in the Outaouais 10 Nord-du-Québec 07 Outaouais (excluding Val.-de-la-Gatineau & Pontiac) 02 Saguenay - Lac-Saint-Jean
Patronage div. paid & not included in net inc/loss
Repayment of assistance - current exp. Repayment of assistance - capital exp. Repayment of assist. - other than shared-use equip. Repayment of assistance - shared-use equipment
Shelter allowance
Elig. exp. transferred by other corp. Elig. exp. corp. transferred to other corp.
Salaries paid to all employees Portion of salaries paid after April 9/08 to Man. employees Contracted Manitoba labour costs paid
Paperback Fiction Non-fiction Poetry Drama Biography Children
Eligible amalgamation (Ontario) Eligible post-2008 windup (federal) Eligible post-2008 windup (Ontario) Eligible pre-2009 windup (federal) Eligible pre-2009 windup (Ontario) Specified pre-2009 transfers (federal) Specified pre-2009 transfers (Ontario)
Total days in reference period of pred. corp. Days in sub. refer. period after sub. yearend Total days in sub. reference period Total days in parent's reference period Days in parent refer. period after beg. of year
Transferee's ACB from property you disposed
Other government assistance Non-government assistance
Wages of specified employees (work outside CA) [F309]
Charitable donations CF from fed. Sch. 2 (override) Gifts to Canada/province CF from fed. Sch. 2 (override) Etc.
Exempt from tax under Part I of fed. Act Elects to prepay transitional tax debit Accelerated pymt. of transitional tax credit
Days in amortization period Days remaining in reference period due to early term.
Greatest weighted OAF for 2006, 2007 or 2008 Relevant OAF from 2009 yearend - previous year
SR&ED deduction after Dec. 31, 2008 Total of tax on elected reduced SR&ED pool Federal current SR&ED deficits Line 170 from 2009 yearend Deleted keywords
b) AMOUNT.G : Amount from previous year used for GRIP addition for 2006
b) TAXPERT81OV : BC tax otherwise payable on adjusted taxable income /ov c) REBATEOV : Royalty tax rebate claimed /ov
b) INCURRED-EXP : Total eligible expenditures incurred in year and % allocated to corporation c) PREVIOUS-CLAIM : Amount of eligible expenditures previously claimed
b) EXEMPTINCOME : Explanation of the income exemption from part I tax c) S116-CERT : Certificate of compliance under section 116
b) TAX-ACCTONT : Ontario corporation tax account number
b) SPECIAL-ADD-TAX : Gross special additional tax
b) BENEFIT.M : Benefit or advantage
b) CEASED-BUS : End of business activity (extra-provincial corporations only) c) ADDRESS-BUS : Street of principal place of business d) MINETAXACCT : Mining tax account number e) ELECTRICACCT : Electricity account number
b) DATE-START.E : Date the chief officer/manager was appointed c) DATE-END.E : Date the chief officer/manager was ceased d) FILED-ONLINE : Whether annual return was filed electronically to MGS for current year
b) POS-END : Date the director/officer was ceased
b) HOLDINGFORTH : Change in wording of particular document c) HOLDING-CONT : Change in provisions of contract d) FIRST-FILING : First year of filing - CO-786
b) Scope.rep : Authorization scope of the representative
b) SR&ED-EXPEND : Assoc corp's curr yr elig SR&ED expenditures c) SPECIFIED-CO : Payment (receipt) is a specified contract payment d) ONTBASED-CO : If recipient of contract payment is an Ontario based corp
b) ITC-INBASE : Amount & tax yr of ITC to deduct from Ont expenditure base c) OITC-INBASE : Amount & tax yr of OITC to deduct from Ont expenditure base d) ADJ-EXPBASE : Amount & tax yr of other adjustments to Ont expenditure base
b) OITC-AMOUNT : Amount of contract payment incl in Ont innov tax cr claim
b) ADJUSTCR-CF : Adjustment to CMT credit carryover & year of credit c) PRE94LOSSCF : Amount of CMT loss (pre-1994) transferred & year incurred
b) OCCA-ASSIST : Government assistance received or repaid c) OCCA-PURCH : Ontario current cost adjust - amount of eligible addition d) OCCAOV : Ontario current cost adjust - deduction /ov
Under the "Ontario credits and deductions" section : b) FIRSTCLAIM : Whether first SR&ED claim by corporation [F130] c) LASTYR-CLAIM : Last year that an SR&ED claim was made [F132]
Deleted options
For keyword ADJUST-INC : Income from Crown royalties Resource allowance For keyword ProvCr-Alloc : Qual. prop. from partnership before March 7/06 - sch. 381 Qual. prop. from trust before March 7/06 - sch. 381
Mining Tax Act (Ontario)
Ontario capital tax Ontario premium tax |
