i) Modified keyword TOT-ASSETS
Pursuant to comments and requests from our clients regarding federal Schedule 510, Ontario Corporate Minimum Tax,
the keyword TOT-ASSETS (in the RelatedParty group) has now been changed to Prev-Yr-Assets in
order to clarify that the information entered here pertains to assets from the previous year.
ii) Form T183 revised
Federal form T183, Information Return for Corporations Filing Electronically,
has undergone the following revision: in Part D - Transmitter identification,
the field for entering the address of the transmitter has been removed,
and a new field allowing you to enter the electronic filer number has been added.
This new information will be obtained by DT Max from the Efile menu/EFILE setup/Federal T2 tab.
iii) New codes added to GIFI Schedule 125
The following new codes have been added to the GIFI Schedule 125, Income Statement Information, in the Extraordinary Items and Income Taxes section:
7000 Revaluation surplus
7002 Defined benefit gains/losses
7004 Foreign operation translation gains/losses
7006 Equity instruments gains/losses
7008 Cash flow hedge effective portion gains/losses
7010 Income tax relating to components of other comprehensive income
7020 Miscellaneous other comprehensive income
These new codes represent the components that make up the amount shown for existing GIFI code 9998, Total - Other comprehensive income.
Federal:
- Schedule 200 - T2 Corporation Income Tax Return
- Schedule 1 - Net Income (Loss) for Income Tax Purposes
- Schedule 5 - Tax Calculation Supplementary - Corporations (2010 and later tax years)
- Schedule 32 - Scientific Research and Experimental Development (SR&ED) Expenditures Claim
- Schedule 60 - Scientific Research and Experimental Development (SR&ED) Expenditures Claim - Project Information
- Schedule 42 - Calculation of Unused Part I Tax Credit
- Schedule 43 - Calculation of Parts IV.1 and VI.1 Taxes
- Schedule 47 - Canadian Film or Video Production Tax Credit (2010 and later tax years)
- Schedule 48 - Film or Video Production Services Tax Credit (2010 and later tax years)
- Schedule 346 - Nova Scotia Corporation Tax Calculation (2010 and later tax years)
- Schedule 366 - New Brunswick Corporation Tax Calculation (2009 and later tax years)
- Schedule 380 - Manitoba Research and Development Tax Credit
- Schedule 387 - Manitoba Small Business Venture Capital Tax Credit (2010 and later tax years)
- Schedule 388 - Manitoba Film and Video Production Tax Credit
- Schedule 411 - Saskatchewan Corporation Tax Calculation (2009 and later tax years)
- Schedule 422 - British Columbia Film and Television Tax Credit (2010 and later tax years)
- Schedule 423 - British Columbia Production Services Tax Credit (2010 and later tax years)
- Schedule 428 - British Columbia Training Tax Credit (2010 and later tax years)
- Schedule 429 - British Columbia Interactive Digital Media Tax Credit (2010 and later tax years)
- Schedule 500 - Ontario Corporation Tax Calculation (2010 and later tax years)
- GIFI Schedule 125 - Income Statement Information
- T183 - Information Return for Corporations Filing Electronically
Quebec:
- CO-786 - Patronage Dividend Deduction
- CO-1029.8.36.RO - Crédit d'impôt pour la création d'emplois - Régions ressources, Vallée de l'aluminium, Gaspésie et certaines régions maritimes du Québec (année civile 2010 et années suivantes) (Tax Credit for Job Creation - Resource Regions, Aluminium Valley, Gaspésie and Certain Maritime Regions of Quebec (2010 and later calendar years) (N.B.: Available in French only as of printing time.)
- CO-1029.8.36.RQ - Entente concernant le crédit d'impôt pour la création d'emplois - Régions ressources, Vallée de l'aluminium, Gaspésie et certaines régions maritimes du Québec (Agreement Regarding the Tax Credit for Job Creation - Resource Regions, Aluminium Valley, Gaspésie and Certain Maritime Regions of Quebec) (N.B.: Available in French only as of printing time)
- CO-1029.8.36.TM - Tax Credit for Multimedia Titles
- CO-1029.8.36.PM - Tax Credit for Corporations Specialized in the Production of Multimedia Titles
- TP-1029.9 - Tax Credit for Taxi Drivers, for Taxi Owners or for the Modernization of the Taxi Fleet
Manitoba:
- Authorization or Cancellation of a Representative
a) SBVC-TaxCr : Small business venture capital tax credit
Use the keyword SBVC-TaxCr if the corporation wishes to claim the non-refundable small business venture capital tax credit for
an eligible investment in emerging enterprises that require larger amounts of investment capital than community ownership can provide.
The credit will apply to securities acquired on or after January 1, 2008 (N.B.: This keyword used to be COMMUNITY-ENT ).
b) In the Agreement group, pertaining to federal Schedule 61 (Agreement to Allocate Assistance for SR&RD between Persons Not Dealing at Arm's Length) and Schedule 62 (Agreement to Transfer Qualified Expenditures Incurred in Respect of SR&RD Contracts between Persons Not Dealing at Arm's Length):
i) Contact.tt : Name of individual, authorized signing officer of the corp. or authorized partner
Use the keyword Contact.tt to enter the name of the individual, authorized signing officer or authorized partner of the filing corporation, if this information is different from the contact person in the SR&ED, Address or CorpOfficers group.
ii) Title.tt : Title of individual, authorized signing officer of the corp. or authorized partner
Use the keyword TITLE.TT to enter the title of the individual, authorized signing officer or authorized partner of the filing corporation.
iii) SignDate.tt : Signing date of individual, authorized signing officer of the corp. or authorized partner
Use the keyword SignDate.tt to enter the signing date of the individual, authorized signing officer or authorized partner of the filing corporation.
c) In the Consent group, pertaining to the Manitoba consent form (Authorization or Cancellation of a Representative):
Email.rep : E-mail address of representative
Use the keyword Email.rep to enter the E-mail address of the representative of the corporation for purposes of the Manitoba consent form.
d) In the CorpOfficers group, pertaining to the Manitoba consent form (Authorization or Cancellation of a Representative):
Email-Offr : Officer's e-mail address
This is the officer's e-mail address for purposes of the Manitoba consent form.
e) In the Cred-Film group, pertaining to federal Schedule 388 (Manitoba Film and Video Production Tax Credit):
i) Labour-Exp.cf : Type of labour expenditures that were incurred
Use the keyword Labour-Exp.cf to indicate the type of labour expenditures that were incurred in the year.
This keyword will appear if the Optimize.f keyword is blank or if "No" is selected.
ii) Labour-Exp.c : Type of labour expenditures that were incurred
Use the keyword Labour-Exp.c to indicate the type of labour expenditures that were incurred in the year.
This keyword will appear if "Yes" is selected for the Optimize.f keyword.
iii) Optimize.f : Whether you wish DT Max to choose optimal credit (cost-of-salaries or cost-of-production tax credit)
Use the keyword Optimize.f to indicate whether or not you wish that DT Max chooses the most advantageous tax credit between the cost-of-salaries and the cost-of-production tax credit.
f) In the Job-Creation group, pertaining to the new Quebec form CO-1029.8.36.RO (Tax Credit for Job Creation - Resource Regions, Aluminium Valley, Gaspésie and Certain Maritime Regions of Quebec (2010 and later calendar years)):
Ref-Yr-Status : Information in determining reference year
Use the keyword Ref-Yr-Status to indicate certain information in order to determine the corporation's reference year for purposes of Quebec form CO-1029.8.36.RO.
a) In the SBVC-TaxCr group (old COMMUNITY-ENT keyword group):
b) In keyword Labour-Exp.f, in the group Cred-Film, pertaining to federal Schedule 47:
i) DATE-FIRSTEXP : Date of earliest labour expenditure
ii) ELECTION.F : Election to apply new rules in effect on or after November 14, 2003
c) In the Cred-Film group, pertaining to federal Schedules 422 and 423:
d) In the CorpHistory group, pertaining to federal Schedule 38:
e) In the SR&EDProject group, pertaining to federal Schedule 32:
Overhead.p : Overhead and other expenditures, if using traditional method
f) In the MultiMedia group, pertaining to Quebec form CO-1029.8.36.PM:
