Federal

This new version of DT Max T2 has undergone an authorization process with the CRA for the paper version (including the bar code return) of Form T3010-1, Registered Charity Information Return, and has been approved under authorization number 13103.

Manitoba

Version 16.15 has received certification for the following 3 revised MCT 1 returns:

1. Banks, Trusts and Loan Corporations Return (for fiscal years beginning in 2011 or 2012 and ending prior to April 18, 2012)
   
   
2. Banks, Trusts and Loan Corporations Return (for fiscal years ending after April 17, 2012)
   
   
3. Crown Corporations Return (for fiscal years beginning after January 1, 2011)
   
   

Federal:

– Schedule 460 - Northwest Territories Investment Tax Credit (2005 and later taxation years)

– RC59 - Business Consent Form

– T1275 - AgriStability and AgriInvest Programs Additional Information and Adjustment Request (N.B. This form provides no calculation support)

– T3010 - Registered Charity Information Return

The following two forms (T1235 and T1236) are included with the T3010:

– AgriStability/AgriInvest - 2012 Statement A, Corporation/Co-operatives

– AgriStability/AgriInvest - Harmonized 2012 Statement A, Corporation/Co-operatives and Special Individuals

Manitoba:

– Banks, Trusts and Loan Corporations Return (for fiscal years beginning in 2011 or 2012 and ending prior to April 18, 2012)

– Banks, Trusts and Loan Corporations Return (for fiscal years ending after April 17, 2012)

– Crown Corporations Return (for fiscal years beginning after January 1, 2011)

Quebec:

– CO-771.1.3 - Associated Corporations' Agreement Respecting the Allocation of the Business Limit and Calculation of the Business Limit

– CO-1029.8.36.HE - Tax Credit for the Modernization of a Tourist Accommodation Establishment

– CO-1029.8.36.HF - Agreement Concerning the Annual Limit of the Tax Credit for the Modernization of a Tourist Accommodation Establishment

– CO-1029.8.36.MA - Tax Credit for the Diversification of Markets of a Québec Manufacturing Company

– CO-1029.8.36.TM - Tax Credit for Multimedia Titles

– CO-1137.E - Agreement Respecting the $1 Million Deduction

– CO-1159.2 - Compensation Tax for Financial Institutions

– TP-997.1 - Information Return for Tax-Exempt Entities

– TP-1029.9 - Tax Credit for Taxi Drivers or Taxi Owners

In the CharityReturn keyword group, pertaining to federal form T3010 (Registered Charity Information Return):

1. REASON.F : Political activity the funds are intended to support

   Use the keyword REASON.F to indicate the political activity that the funds were intended to support.

2. Country.f : Country of the foreign donor

   Use the keyword Country.f to indicate the country of the foreign donor.

3. Desc-Activity : Description of the charity's political activities

   Use the keyword Desc-Activity to describe the charity's political activities, including gifts to qualified donees intended for political activities, and explain how these relate to its charitable purposes.

4. STAFF-RESOURCE : Staff resources used to carry out political activities

   Use the keyword STAFF-RESOURCE to indicate the staff resources that were used to carry out political activities.

5. VOLUNTEER-RESOURCE : Volunteer resources used to carry out political activities

   Use the keyword VOLUNTEER-RESOURCE to indicate the volunteer resources that were used to carry out political activities.

6. FINANCIAL-RESOURCE : Financial resources used to carry out political activities

   Use the keyword FINANCIAL-RESOURCE to indicate the financial resources that were used to carry out political activities.

7. PROPERTY-RESOURCE : Property resources used to carry out political activities

   Use the keyword PROPERTY-RESOURCE to indicate the property resources that were used to carry out political activities.

8. FOREIGN-FUNDING : Amount received from foreign donor for political activities

   Use the keyword FOREIGN-FUNDING to enter the amount received from each country outside Canada intended for political activities.

In the CharityReturn keyword group, pertaining to federal form T3010 (Registered Charity Information Return):

We have been notified by the CRA that they have still been receiving numerous corporate returns with invalid NAICS codes, even though the information regarding the changes brought to the NAICS codes was made public back in March 2012 (please refer to "What's new for T2 Internet version 15.15?" in our Knowledge Base for details).

Please note that changes have been made to the keyword NAICS.act (in the Activity group) and the keywords NAICS and NR-NAICS (in the NonRes-Trans group). If a NAICS code that was valid at the time it was entered in a version prior to 16.15 is no longer valid currently, the program will not carry forward the aforementioned keywords to tax year 2012 and onwards. Therefore, you will have to enter a valid NAICS code again from the updated existing list in DT Max.

We wish to remind you that the integration of NAICS codes requires corporations to pick their main revenue-generating business activity. Active corporations that file their T2 returns either by Internet or on paper using 2D bar codes must choose the most appropriate code to describe their main revenue-generating business activity.

It is crucial that the most accurate business activity is selected using the keyword NAICS-ACT in the Activity keyword group. The corporation should validate that the business description chosen for the last return filed is still accurate. Please check the entry for the NAICS code and make sure it is still a valid one. If your selection is part of the list, then the code is a valid one. If your option is no longer part of the list, please delete the invalid code and re-enter an existing one that best describes the main revenue-generating business activity.

In-house:

These forms have been updated to remove any mention of the T1134A and T1134B and to replace them with the T1134.

The following issues have been corrected with version 16.15:

1. Duplication of address in client letter and MR-69

   The trustee's street address was duplicated on the MR-69 and the client letter. This issue appeared when the keyword Suite was not entered in the Trustee group.

   The forms affected by this issue were the following: Client letter, MR-69, T1079, T1135, T1141, T1142, T3-RCA and TP-274.F.

2. DT3W3_12.EXE has stopped working

   DT Max T3 would not perform any calculation when the entries for the keywords Trustee or First-Name.tr exceeded 30 characters. A limit of 30 characters has been added to these keywords. However, keep in mind that these are permanent keywords and are carried forward from one year to the next. It is possible that names exceeding this limit were entered in previous years and carried forward to 2012. This situation has been corrected by truncating the trustee's name to 30 characters where necessary, e.g. the RL-16 barcode.

   It is strongly recommended to verify these keywords and reduce the number of characters if required.

3. T3MJ and TP-750 being reproduced unnecessarily

   In certain circumstances when the trust had capital gains, the T3MJ and TP-750 were being reproduced unnecessarily. This, however, did not affect the calculation.