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Print this pageForward this document  What's new for T1/T2/T3/T5013 Internet version 22.30?

The latest DT Max program update is now available for downloading. It features the T1/TP-1 program for the tax years 2008 to 2018 inclusively as well as the 2019 planner, in addition to fully supporting T1/TP1 EFILE.

Version 22.30 also features the T2 program for fiscal periods ending from 2008 to 2019 and fully supports Corporation Internet Filing (T2, CO-17 and AT1).

Also featured is the T3/TP-646 program for tax years ending from 2008 to 2019 inclusively (keeping in mind that the 2019 tax returns for trusts prepared with this version will be using the 2018 tax forms).

Finally, version 22.30 features the fully functional T5013 program for paper and electronic filing of the Partnership Information Return (T5013 forms) for fiscal periods ending in 2019.

Please note that all program versions are made available on the Internet.

In this version...

For all DT Max programs

  1. Implementation of announced tax changes
  2. 2019 Planner Standard Caveat

DT Max T1

  1. Version highlights
    1. Deductibility of employee contributions to the enhanced portion of the Canada Pension Plan (CPP) and the Quebec Pension Plan (QPP)
    2. Change to the Canada Workers Benefit (formerly the Working Income Tax Benefit)
  2. Revised forms
  3. New keywords
  4. Revised keywords
  5. New options
  6. New diagnostics
    1. Optimization report

DT Max T2

  1. Program certification
  2. Version highlights
    1. Known issues fixed in version 22.30: CO-1029.8.33.13 (Part 2.10)
    2. Non-deductible auto expenses: Manitoba retail sales tax rate
    3. AT1 return: Decrease of the general corporate income tax rate
    4. AT1 Schedule 1: Impact of Bill 3 on the Alberta Small Business Deduction
    5. New CCA classes 54 and 55 - Zero-emission vehicles
    6. Changes to provincial schedules due to federal passive income business limit reduction
    7. Schedule 481: Decrease of the small business corporate income tax rate
  3. Revised forms
  4. Deleted forms
  5. New keywords
  6. Deleted keywords
  7. New options
  8. Revised options
  9. Deleted options

DT Max T3

  1. Version highlights
    1. Known issues fixed in version 22.30
      1. Schedule 10 - Part XII.2 Tax and Part XIII Non-Resident Withholding Tax
      2. Joint election not allocating deemed capital gains on TP-646 return
      3. MR-14.A - Notice Before Distribution of the Property of a Succession
    2. New form NR95: Authorizing or Cancelling a Representative for a Non-Resident Tax Account
    3. T1229 - Statement of Resource Expenses and Depletion Allowance
    4. Manitoba retail sales tax rate
  2. New forms
  3. Revised forms
  4. New keywords
  5. New options
  6. Deleted options

DT Max T5013

  1. Version highlights
    1. Federal T1135 e-submission under DT Max T5013
    2. New CCA classes 54 and 55 - Zero-emission vehicles
    3. Quebec additional capital cost allowance of 30%
  2. New keywords
  3. New options

 

For all DT Max programs

  1. Implementation of announced tax changes

    Since our last release, the following budgets were announced:

    Federal - March 19, 2019
    Alberta - Fall 2019, new government elected April 16, 2019
    British Columbia - February 19, 2019
    Manitoba - March 7, 2019
    New Brunswick - March 19, 2019
    Newfoundland & Labrador - April 16, 2019
    Northwest Territories - February 7, 2019
    Nova Scotia - March 26, 2019
    Nunavut - February 20, 2019
    Ontario - April 11, 2019
    Prince Edward Island - Unavailable, new government elected April 23, 2019
    Quebec - March 21, 2019
    Saskatchewan - March 20, 2019
    Yukon - March 7, 2019

    At the time of writing, the majority of the above-mentioned budget speeches were tabled in their respective legislatures.

    The 2019 DT Max tax planner takes into consideration the basic tax changes announced in each budget, allowing you for more effective planning opportunities, as well as the ability to perform cost projection calculations.

    Please refer to these topics from our Knowledge Base for a detailed review of the tax changes implemented:

  2. 2019 Planner Standard Caveat

    We would like to remind our users that the planner is equipped with the most recent information available at the time of our production process.

    This information includes the 2019 tax rates and the 2018 non-refundable tax credits and tax brackets indexed to reflect the 2019 amounts.

    In some cases, instead of an indexation factor, we have implemented the amounts prescribed by the taxing jurisdiction depending on the availability of the information.

    However, please note that due to various factors beyond our control, certain new tax measures are not included in our planner version. Should you require a precise projection (rather than an estimate) of your client's 2019 tax liability, we strongly suggest that you review our planner's results with care.

DT Max T1

  1. Version highlights

    1. Deductibility of employee contributions to the enhanced portion of the Canada Pension Plan (CPP) and the Quebec Pension Plan (QPP)

      Beginning in 2019, the CPP and QPP are enhanced by adding an additional plan. Thus, the CPP and the QPP consist of two plans: the basic plan and the supplementary plan. The basic contribution rate remains at 5.4% for the QPP and 4.95% for the CPP. An additional contribution of 0.15% is added to the basic contribution, which brings the contribution rate to 5.55% for the QPP and 5.1% for the CPP. This additional contribution of 0.15% is eligible for a deduction on line 222 of the federal return and on line 248 of the Quebec return, if applicable.

      Changes have been brought to the appropriate forms for the calculation of the tax-deductible enhanced portion. Please refer to our Revised forms section.

    2. Change to the Canada Workers Benefit (formerly the Working Income Tax Benefit)

      The Canada Working Income Tax Benefit (WITB) has been renamed the Canada Workers Benefit (CWB), and the amounts have been increased.

      In addition, starting with the 2019 taxation year, the tax-exempt portion of the work income earned on a reserve and of the emergency services volunteers allowance will now be excluded from work income and family net income for CWB purposes.

      Under subsection 122.7(1.1) of the Income Tax Act (ITA), the taxpayer may elect to include the tax-exempt portion referred to above in his or her work income, in order to increase the CWB payment. In making this election, he or she must also include these tax-exempt amounts in the calculation of the adjusted family net income for the purposes of the CWB.

      Note that the program will automatically include these exempt amounts in the calculation of the CWB if it is optimal for the taxpayer to make this election and will display a message in the optimization report. If applicable, use the option "T1 - Election to include tax-exempt income for purposes of Schedule 6" in the keyword Optimize to modify the calculation of the election.

  2. Revised forms

    Federal

    • Schedule 6 - Canada Workers Benefit

      The Canada Working Income Tax Benefit (WITB) has been renamed the Canada Workers Benefit (CWB), and the amounts have been increased.

    • Schedule 8 - Canada Pension Plan Contributions and Overpayment for 2019 / RC381 - Instruction Sheet for the Inter-Provincial Calculation for CPP and QPP Contributions and Overpayments

      Lines were added to account for the first additional rate of 0.15% on the CPP/QPP contributions allowing for a deduction on line 222.

    Quebec

    • Work Chart 248 - Deduction for enhanced QPP contribution on employment income

      This in-house work chart was added for line 248 of the TP-1.

      Starting in 2019, the QPP contribution rate increases by 0.15% from 5.4% to 5.55%. This additional rate of 0.15% allows for a deduction on line 248 of the Quebec return.

    • LE-35 - QPP Contribution on Income from Self-Employment and QPP or CPP Overpayment

      Lines were added to reflect the first additional rate of 0.15% on the CPP/QPP contributions which allows for a deduction on line 248 of the Quebec return.

    Newfoundland and Labrador

    • NL428 - Newfoundland and Labrador Tax and Credits

      Line 5845 was added following the introduction in 2019 of the search and rescue volunteers' amount.

  3. New keywords

    1. In the keyword group Volunteer , pertaining to the volunteer firefighters' and search and rescue volunteers' amounts, the following keyword has been added for Newfoundland and Labrador:

      1. PROV-VOLUNTEER : The taxpayer is eligible to the volunteer firefighters' or search and rescue volunteers amount [NL L.5830/L.5845]

        By default, the program provides the credit at the provincial level if the corresponding federal credit is claimed. If applicable, use this keyword to remove the provincial amount if the individual is eligible only at the federal level.

    2. In the keyword CCA-Class of the Business group pertaining to Class 10.1 and Class 54, the following sub-keywords were added:

      1. Add-Included-Taxes : Does the current addition amounts include taxes? (yes/no)

        By default, the program assumes that taxes are included. If taxes have been repaid, use this keyword to indicate that the cost of acquisitions excludes the taxes.

      2. ACB-Amount-CCA : Limit on the amount used for CCA in respect of Class 54

        If the cost of acquisition of Class 54 vehicles exceeds the legal limit, the allowable limit will automatically be used and carried forward to subsequent years.

  4. Revised keywords

    1. Since the Working Income Tax Benefit (WITB) has been renamed the Canadian Workers Benefit (CWB), the following keywords have been renamed accordingly:

      1. The keyword SEND-WITB in the SEND-CDE-AFR group has been renamed SEND-CWB .

      2. The keyword ADVANCE-WITB pertaining to box 10 of the RC210 slip has been renamed Advance-CWB .

  5. New options

    1. Given the 7% decrease in the provincial sales tax (PST) in Manitoba as of July 1, 2019, the following option is added for the sub-keyword Leasing-Cost of the keyword Vehicle-Exp in the Business group pertaining to the eligible leasing charges for a passenger car leased in Manitoba:

      Portion current year lease cost (pre-GST/HST changes)

    2. As a result of the creation of Class 54 and 55 for zero-emission vehicles, as announced by the federal government in the 2019 budget, the following options have been added to the keyword CCA-Class in the Business group:

      Class 54 - 30% (after 18 Mar. 2019 & before 2028)
      Class 55 - 40% (after 18 Mar. 2019 & before 2028)

    3. For the keyword Optimize , pertaining to the Canada Workers Benefit (Schedule 6):

      T1 - Election to include tax-exempt income for purposes of Schedule 6

  6. New diagnostics

    1. Optimization report

      Federal

      453 Canada Workers Benefit

      Starting in 2019, the tax-exempt part of working income earned on a reserve or an allowance received as an emergency volunteer is excluded from the calculation of "working income" and "adjusted family net income" for the purposes of Schedule 6.

      It is up to the taxpayer to choose, pursuant to subsection 122.7 (1.1) of the ITA, to include the tax-exempt portion in the calculation of "working income" and "adjusted family net income".

      DT Max determined that it is advantageous to make the election of subsection 122.7 (1.1) and included the taxpayer's exempt income in computing his/her working income and adjusted family net income. Exempt amounts of the eligible spouse are also be included in the calculation of the spouse's working income.

      To modify this election, use the keyword Optimize and select the option "T1 - Election to include tax-exempt income for purposes of Schedule 6".

      453 Canada Workers Benefit

      Starting in 2019, the tax-exempt part of working income earned on a reserve or an allowance received as an emergency volunteer is excluded from the calculation of "working income" and "adjusted family net income" for the purposes of Schedule 6.

      It is up to the taxpayer to choose, pursuant to subsection 122.7 (1.1) of the ITA, to include the tax-exempt portion in the calculation of "working income" and "adjusted family net income".

      DT Max determined that it is not advantageous to make the election of subsection 122.7 (1.1) and excluded the taxpayer's exempt income in computing his/her working income and adjusted family net income. Exempt amounts of the eligible spouse are also be excluded in the calculation of the spouse's working income.

      To modify this election, use the keyword Optimize and select the option "T1 - Election to include tax-exempt income for purposes of Schedule 6".

DT Max T2

  1. Program certification

    Federal

    For DT Max T2 version 22.30, the federal barcodes and the Corporation Internet Filing module have received full CRA certification valid for taxation years ending up to and including October 31, 2019, under the DT39 stamp.

    Alberta

    Likewise, this version has received full certification for the RSI (Return and Schedule Information), as well as for the Net File module that allows the electronic filing of Alberta corporate tax returns, from Alberta's Tax and Revenue Administration (TRA) under the DT39 stamp.

  2. Version highlights

    1. Known issues fixed in version 22.30: CO-1029.8.33.13 (Part 2.10)

      For Quebec form CO-1029.8.33.13, Tax Credit for the Reporting of Tips, in Part 2.10, Contribution to the health services fund for the 2018 calendar year, DT Max was not completing lines 60a and 60d if the corporation did not have days in the tax year before March 28, 2018 (line 60a) or days in the tax year after March 27, 2018 and before August 16, 2018 (60d). This issue was fixed in version 22.30.

    2. Non-deductible auto expenses: Manitoba retail sales tax rate

      The calculations for line 5, 7 and 8 have been revised due to the reduction of Manitoba retail sales tax from 8% to 7% on July 1, 2019.

    3. AT1 return: Decrease of the general corporate income tax rate

      Bill 3, Job Creation Tax Cut (Alberta Corporate Tax Amendment) Act, reduces the general income tax rate on businesses from 12% to 11% effective July 1, 2019. This change has been implemented in version 22.30 of DT Max.

    4. AT1 Schedule 1: Impact of Bill 3 on the Alberta Small Business Deduction

      On May 28, 2019, Bill 3 was announced, which contains amendments to reduce the Alberta general corporate income tax rate from 12% to 8% over four years. However, the small business rate will be maintained at the current rate of 2%.

      To reflect the changes, the line Before April 1, 2008, was deleted and the line After June 30, 2019, was added.

      The Alberta small business deduction rate that may be claimed by Canadian-controlled private corporations on their qualifying amount is reduced from 10 per cent to 9 per cent effective July 1, 2019.

    5. New CCA classes 54 and 55 - Zero-emission vehicles

      In the 2019 federal budget, the government announced the introduction of two new CCA classes:

      Class 54 is for zero-emission vehicles that would otherwise be included in class 10 or 10.1. However, for each eligible vehicle, this class has a limit of $55,000 (plus sales taxes) on the amount of CCA deductible. The limit of $55,000 will be reviewed annually to ensure it remains in line with market changes over time.

      Class 55 will be created for zero-emission vehicles otherwise included in class 16.

      Budget 2019 provides a full tax write-off for zero-emission vehicles in the year in which the vehicle is purchased beginning on or after March 19, 2019, and before January 1, 2024. Eligible vehicles will include electric battery, plug-in hybrid (with a battery capacity of at least 15 kWh) or hydrogen fuel cell vehicles including light-, medium-, and heavy-duty vehicles that are purchased by a business.

      Use the keyword CCA-Class with the option "Class 54 - 30% DB (after March 18, 2019)" or "Class 55 - 40% DB (after March 18, 2019)" to enter information regarding these classes.

    6. Changes to provincial schedules due to federal passive income business limit reduction

      Most provinces will parallel the recent federal income tax measures relating to the passive investment income and the reduction of the small business limit. However, in the New Brunswick budget for 2019, it was mentioned that the province will not parallel this federal change. Schedule 366 has been modified accordingly. Ontario has also mentioned that they would not parallel the change so Schedule 500 has also been adjusted accordingly.

      All other provincial schedules have been modified to reflect the federal passive investment income and reduction of the small business limit harmonization.

    7. Schedule 481: Decrease of the small business corporate income tax rate

      On May 29, 2019, Bill 26 contained amendments to reduce the Nunavut small business corporate income tax rate from 4% to 3%, effective July 1, 2019. This change has been implemented in this version of DT Max T2.

  3. Revised forms

    Federal

    • T2 Corporation Income Tax Return (2019 and later tax years)

      This form has undergone multiple changes. As such, the form is now 9 pages long.

      On page 2, in the Attachments section of the form, line 210 which used to be a tick box for Schedule 10 has been deleted due to the deletion of Schedule 10.

      On page 4, in the Small business deduction section of the form, new lines LN(417), LN(422), LN(426) and LN(428) have been added in order to calculate the passive income business limit reduction.

      On page 7, new sections Refundable dividend tax on hand for tax years starting after 2018 and Dividend refund for tax years starting after 2018 have been added.

    • Schedule 1 - Net Income (Loss) for Income Tax Purposes (2017 and later tax years)

      As a result of the deletion of Schedule 10, lines 108 and 405 of Schedule 1 have been deleted.

    • Schedule 2 - Charitable Donations and Gifts (2017 and later tax years)

      In Part 4, Gifts of certified ecologically sensitive land, line 510, Gifts of certified ecologically sensitive land made before February 11, 2014, has been removed since it is no longer relevant. As such, changes have also been made to the Alberta Schedule 20, line 70.

    • Schedule 3 - Dividends Received, Taxable Dividends Paid, and Part IV Tax Calculations (2019 and later tax years)

      This form has undergone numerous modifications.

      In Part 1 of the form, Dividends received in the tax year, the following changes have been made:

      • New lines 242, 1D and 1E are added to indicate the eligible dividends received from connected corporations and non-connected corporations;

      • New lines 265, 1I and 1J are added to indicate the Part IV tax on eligible dividends from connected corporations and non-connected corporations;

      • Line 241 and line 270 are deleted.

      In Part 2 of the form, Calculation of Part IV tax payable, the following changes have been made:

      • New lines 2E, 2F and 2G are added to indicate the calculation of Part IV tax payable on taxable dividends received from connected corporations;

      • New lines 2H, 2I and 2J are added to indicate the calculation of Part IV tax payable on eligible dividends received from non-connected corporations.

      In Part 3 of the form, Taxable dividends paid in the tax year that qualify for a dividend refund, the following changes have been made:

      • New lines 440, 455, 465, 470, 3A and 3B are added to calculate the eligible dividends and non-eligible dividends paid in the tax year that qualify for a dividend refund.

    • Schedule 5 - Tax Calculation Supplementary - Corporations (2018 and later tax years)

      The following changes have been made to the form:

      In the Ontario section of the form, line 274, Ontario additional tax re Crown royalties (from Schedule 504) has been removed.

      In the Manitoba section of the form, line 328, Manitoba child centre development tax credit, and line 889, Certificate number, have been added. To enter this credit, use the keyword ProvCreditOV with the option "Child care centre development tax credit - Manitoba".

    • Schedule 7 - Aggregate Investment Income and Income Eligible for the Small Business Deduction (2019 and later tax years)

      Part 2, Adjusted aggregate investment income, has been added in order to calculate the adjusted aggregate investment income, as defined in subsection 125(7), for the purposes of the business limit reduction.

      The 2018 federal budget measure phases-out a CCPC's business limit, on a straight-line basis, if the total of the adjusted aggregate investment income of the CCPC and any other corporation with which it is associated is between $50,000 and $150,000 (the passive income business limit reduction).

      The reduction in a CCPC's business limit for a taxation year will be the greater of its taxable capital business limit reduction and its passive income business limit reduction for the year. The changes to the SBD rules will apply for taxation years that begin after 2018. However, the rules will also apply to a taxation year of a corporation that begins in 2018 and ends in 2019 if

      • the preceding taxation year was, because of a transaction or event or a series of transactions or events, shorter than it otherwise would have been, and

      • one of the reasons for the transaction, event or series was to defer the application of the changes to the SBD rules, or the changes to the dividend refund rules, to the corporation.

      The keyword AAII opens up the group to enter information pertaining to Part 2 of Schedule 7. The keyword AAII.his within the CorpHistory group is also used to enter previous year information pertaining to Part 2 of Schedule 7.

    • Schedule 8 - Capital Cost Allowance (CCA) (2018 and later tax years)

    • Schedule 17 - Credit Union Deductions (2019 and later tax years)

      The preferred rate for days in the tax year after 2018 has increased to 19%.

      The preferred rate for different provinces is now calculated in separate parts: Saskatchewan in Part 2, Ontario and British Columbia in Part 3 and Manitoba in Part 4.

    • Schedule 20 - Part XIV - Additional Tax on Non-Resident Corporations (2017 and later tax years)

      In Part 5 of the form, Regulation 808 - Allowance for investments in property in Canada claimed for the year, line 202 pertaining to the cumulative eligible capital immediately after the end of the year has been deleted.

    • Schedule 27 - Calculation of Canadian Manufacturing and Processing Profits Deduction (2019 and later tax years)

    • Schedule 31 - Investment Tax Credit - Corporations (2017 and later taxation years)

      As per the 2019 federal budget, the threshold of taxable income in the previous taxation year to determine a CCPC's annual expenditure limit for the purpose of qualifying for the 35% rate is eliminated. This change will be effective for taxation years that end on or after March 19, 2019.

      As such, line B2 on page 4 of this schedule has been modified to take into account this change.

    • Schedule 43 - Calculation of Parts IV.1 and VI.1 Taxes (2019 and later tax years)

      In Part 4 of the form, Part IV.1 tax payable, new line numbers 370, 380, 390 and 400 have been added. Use the keyword PartIV-Amnt within the Pref-Shares group when the option "RFI shares" is chosen to enter information here.

      Also, note that the keyword PartIV-Amnt is only available when you choose Pref-Shares with the option "RFI shares". Please verify the data entry and adjust accordingly.

    • Schedule 47 - Canadian Film or Video Production Tax Credit (2018 and later tax years)

      In Part 2, Identifying the Canadian film or video production, lines 305 and 306 have been deleted. As such, keywords RANGE-START and RANGE-END have been deleted within the Cred-Film group.

    • Schedule 48 - Film or Video Production Services Tax Credit (2018 and later tax years)

      In Part 2, Identifying the film or video production, lines 305 and 306 have been deleted. As such, keywords RANGE-START and RANGE-END have been deleted within the Cred-Film group.

    • Schedule 49 - Agreement Among Associated Canadian-Controlled Private Corporations to Allocate the Expenditure Limit (2012 and later tax years)

      As per the 2019 federal budget, the threshold of taxable income in the previous taxation year to determine a CCPC'S annual expenditure limit for the purpose of qualifying for the 35% rate is eliminated. This change will be effective for taxation years that end on or after March 19, 2019.

      As such, line 410 of this schedule has been modified to take into account this change.

    • Schedule 53 - General Rate Income Pool (GRIP) Calculation (2016 and later tax years)

    • Schedule 404 - Saskatchewan Manufacturing and Processing Profits Tax Reduction (2018 and later taxation years)

      In Part 1 of the form, Income eligible for the Saskatchewan Manufacturing and Processing Profits Tax Reduction, a section for the period after December 31, 2017, has been added.

    • Schedule 411 - Saskatchewan Corporation Tax Calculation (2019 and later tax years)

      This form has been updated to remove the references to the period before January 1, 2018, and update the references to the period after December 31, 2017, and before January 1, 2019, in Part 1 and Part 3 of the form.

    • Schedule 422 - British Columbia Film and Television Tax Credit (2018 and later tax years)

      In Part 3 and Part 7, lines pertaining to the calculation of the percentage of copyright for a tax year that started before January 1, 2012, have been deleted.

      New Part 6 and Part 9 have been added in order to calculate the eligible BC scriptwriting expenditure and scriptwriting tax credit. Use the keyword Labour-Exp.f with the option "Eligible labour expenditures - scriptwriting" within the Cred-Film group with the option "British Columbia film and television" to enter information pertaining to these sections.

    • Schedule 481 - Nunavut Corporation Tax Calculation (2016 and later tax years)

    Quebec

    • CO-17S.3 - Dividends Received and Taxable Dividends Paid

      This form has undergone numerous modifications.

      In Part 1 of the form, Dividends received in the tax year, the following changes have been made:

      • New lines 242, 1D and 1E are added to indicate the eligible dividends received from connected corporations and non-connected corporations;

      • New lines 265, 1I and 1J are added to indicate the Part IV tax on eligible dividends from connected corporations and non-connected corporations.

      • Line 241 and line 270 are deleted.

      In Part 2 of the form, Taxable dividends paid in the tax year, the following changes have been made:

      • New lines 440, 455, 465, and 470 are added to calculate the eligible dividends and non-eligible dividends paid in the tax year.

    • CO-17S.43 - Calculation of Parts IV.1 and VI.1 Taxes (2019 and later tax years)

      In Part 4 of the form, Part IV.1 tax payable, new line numbers 370, 380, 390 and 400 have been added. Use the keyword PartIV-Amnt within the Pref-Shares group when the option "RFI shares" is chosen to enter information here.

      Also, note that the keyword PartIV-Amnt is only available when you choose Pref-Shares with the option "RFI shares". Please verify the data entry and adjust accordingly.

    • CO-771 - Calculation of the Income Tax of a Corporation

      Line 94a on page 4 of the form has been revised to take into account the calculation of the passive income business limit reduction.

    • CO-1029.8.36.DA - Tax Credit for the Development of E-Business (N.B.: English version is now available for this form.)

    • CO-1029.8.36.FO - Employee Training Tax Credit for Small and Medium-Sized Businesses (N.B.: English version is now available for this form.)

    Alberta

    • AT1 Alberta Corporate Income Tax Return

      Line 085 and line 110 are added to indicate the interactive digital media tax credit and tax certificate number. The keyword Alb-TaxCr opens up the group to enter this information.

      Line 083 and line 084 both dealing with the Alberta Royalty Tax Credit have been deleted.

    • AT1 Schedule 1 - Small Business Deduction

      On page 2, Area B, Determination of the Value for Line 015, line (d) has been revised to take into account the calculation of the passive income business limit reduction.

    In-house forms

    • Planning Summary - Federal 2019

      This in-house form has been revised and multiple new lines have been added due to the changes on Schedule 200 regarding the Passive income and Refundable dividend tax on hand sections.

    • Schedule 200 Summary for 2019 taxation year (5 years)

      This in-house form has been revised and multiple new lines have been added due to the changes on Schedule 200 regarding the Passive income and Refundable dividend tax on hand sections.

    • Executive summary for 2019 taxation year

      This in-house form has been revised and, as such, line 83 from the Alberta section of the form has been deleted due to the deletion of line 83 on the Alberta return.

    • Assembly instructions

    • Planning Summary - AT1 2019

      The following changes have been brought to the AT1 return:

      • Line 83 (Alberta royalty tax credit) has been removed.

      • Line 85 (Interactive digital media tax credit) has been added.

    • AT1 Summary for 2019 taxation year (5 years)

      The following changes have been brought to the AT1 return:

      • Line 83 (Alberta royalty tax credit) has been removed for the current year.

      • Line 85 (Interactive digital media tax credit) has been added.

  4. Deleted forms

    Federal

    • Schedule 10 - Cumulative Eligible Capital Deduction (2016 and later tax years)

  5. New keywords

    1. In the AAII group, pertaining to federal Schedule 7, Aggregate Investment Income and Income Eligible for the Small Business Deduction:

      1. AAII : Whether adjusted aggregate investment income is applicable

        Federal budget 2018 introduced an additional eligibility mechanism for the small business deduction, based on the corporation's passive investment income. This change gradually reduces access to the small business tax rate for corporations that have significant passive investment income. Such an approach would reinforce the principle that the small business rate is targeted to support small businesses, which tend to have more difficulty accessing capital, so they can reinvest in their active business, not accumulate a large amount of passive savings.

        If a corporation and its associated corporations earn more than $50,000 of passive investment income in a given year, the amount of income eligible for the small business tax rate would be gradually reduced. For the limited number of corporations earning that level of passive income, their corporation's active business income would potentially be taxed at the general corporate income tax rate.

        The small business deduction limit will be reduced by $5 for every $1 of investment income above the $50,000 threshold (equivalent to $1 million in passive investment assets at a 5-per-cent return), such that the business limit would be reduced to zero at $150,000 of investment income (equivalent to $3 million in passive investment assets at a 5-per-cent return).

        This change will apply to a new definition of investment income: adjusted aggregate investment income (AAII) and generally includes the following types of investment income:

        • interest

        • taxable capital gains in excess of allowable capital losses of the current taxation year from the disposition of passive investments

        • rents

        • royalties

        • portfolio dividends

        • dividends from foreign corporations that are not foreign affiliates

        • income from savings in a life insurance policy that is not an exempt policy

        Excluded from AAII will be gains or losses from the disposition of "active assets", dividends received from connected corporations, income from AgriInvest and also rents or interest received from an associated corporation if such income is reclassified for income tax purposes to be active business income.

        It is important to note that when determining if the passive income business limit reduction applies, it is the AAII earned in each taxation year that ended in the previous calendar year that impacts the calculation for the relevant taxation year.

        The keyword AAII opens the group to enter information regarding the adjusted aggregate investment income calculation found on federal Schedule 7.

        This measure will apply to taxation years that begin after 2018. However, it can also apply to a tax year of a corporation that begins before 2019 and ends after 2018 under the following circumstances:

        • the corporation's preceding tax year was, because of a transaction or event or a series of transactions or events, shorter than it would have been in the absence of that transaction, event or series; and

        • one of the reasons for the transaction, event or series was to defer the application of subsections 125(5.1), (5.2) and (7) to the corporation.

      2. CapGainLoss.aaii : Taxable capital gains or allowable capital losses (other than disposition of active assets)

        Use the keyword CapGainLoss.aaii to enter the eligible portion of the taxable capital gains or allowable capital losses (including allowable business investment losses) other than from a disposition of active assets.

        Active asset, of a particular corporation at any time, means property that is:

        (A)

        used at that time principally in an active business carried on primarily in Canada by the particular corporation or by a Canadian-controlled private corporation that is related to the particular corporation

        (B)

        a share of the capital stock of another corporation if, at that time,

        • the other corporation is connected with the particular corporation (within the meaning assigned by subsection 186(4) on the assumption that the other corporation is at that time a payer corporation within the meaning of that subsection), and

        • the share would be a qualified small business corporation share (as defined in subsection 110.6(1)) if:

          • the references in that definition to an "individual" were references to the particular corporation, and

          • that definition were read without reference to "the individual's spouse or common-law partner", or

        (C)

        an interest in a partnership, if:

        • at that time, the fair market value of the particular corporation's interest in the partnership is equal to or greater than 10% of the total fair market value of all interests in the partnership

        • throughout the 24-month period ending before that time, more than 50% of the fair market value of the property of the partnership was attributable to property described in this paragraph or in paragraph (A) or (B), and

        • at that time, all or substantially all of the fair market value of the property of the partnership was attributable to property described in this paragraph or in paragraph (A) or (B).

      3. LifeInsur-Policy : Amounts in respect of a life insurance policy

        Use the keyword LifeInsur-Policy to enter the amounts in respect of a life insurance policy that are including in computing a corporation's income for the year, even if those amounts were not included in computing the aggregate investment income in Part 1 of Schedule 7.

      4. For-AccrualTax : Amount of any foreign accrual tax deducted under subsection 91(4)

        Use the keyword For-AccrualTax to enter the amount of any foreign accrual tax that the corporation deducted in computing its income for the year under subsection 91(4) of the Income Tax Act.

      5. AAII-OV : Adjusted aggregate investment income inclusions and exclusions - override

        Use the keyword AAII-OV to override certain inclusions and exclusions pertaining to the adjusted aggregate investment income calculated by DT Max.

    2. In the RelatedParty group, pertaining to the T2 return and federal Schedule 7:

      1. PrevYr-AAII : Associated corporation's adjusted aggregate investment income in previous year

        Use the keyword PrevYr-AAII to enter the associated corporation's adjusted aggregate investment income (AAII) from their tax year ending in a previous calendar year.

        For the associated corporation's first tax year starting after 2018, enter the amount from line 744 of Schedule 7. Otherwise, enter line 745 of Schedule 7 from their preceding tax year.

    3. In the CorpHistory group, pertaining to federal Schedule 7:

      1. AAII.his : Corporation's adjusted aggregate investment income in previous year

        Use the keyword AAII.his to enter the corporation's adjusted aggregate investment income (AAII) inclusions and exclusions from their tax year ending in a previous calendar year.

        DT Max will automatically carry forward these amounts to next year which are calculated on the current tax year's Schedule 7.

    4. In the Alb-TaxCr group, pertaining to the Alberta AT1 Corporate Income Tax Return:

      1. CERT#.A : Enter the tax certificate number

        Use the keyword CERT#.A to enter the tax certificate number that was issued at the time of IDMTC approval.

    5. In the DividendPaid group, pertaining to federal Schedule 3, Dividends Received, Taxable Dividends Paid, and Part IV Tax Calculations:

      1. Portion-EligDivd : Portion of eligible dividends paid by corp during tax yr

        Enter the portion of eligible dividends paid this year in the Portion-EligDivd keyword. This amount is already included in the DividendPaid keyword. DT Max will use the amount of eligible dividends paid to calculate the current year eligible dividend refund. Amounts entered here will print on Schedule 3.

    6. In the CorpHistory group, pertaining to the T2 return:

      1. ERDTOH-CF : Eligible refundable dividend tax on hand opening

        ERDTOH-CF is the eligible refundable dividend tax on hand account ending balance of the corporation for the year of reference (referred to in CorpHistory ). The ending balance entered for the first prior year will be printed on the T2 schedule.

      2. NERDTOH-CF : Non-eligible refundable dividend tax on hand opening

        NERDTOH-CF is the non-eligible refundable dividend tax on hand account ending balance of the corporation for the year of reference (referred to in CorpHistory ). The ending balance entered for the first prior year will be printed on the T2 schedule.

      3. EligDivRefund.h : Eligible dividend refund

        EligDivRefund.h is the dividend refund for the year of reference (referred to in CorpHistory ). The amount entered for the first prior year will be subtracted from the corporation's eligible refundable dividend tax on hand account on the T2 return.

      4. NonEligDivRefund.h : Non-eligible dividend refund

        NonEligDivRefund.h is the dividend refund for the year of reference (referred to in CorpHistory ). The amount entered for the first prior year will be subtracted from the corporation's non-eligible refundable dividend tax on hand account on the T2 return.

    7. In the StatusChange group, pertaining to the T2 return:

      1. ERDTOHTrans : Eligible refundable dividend tax on hand transferred from above corp

        ERDTOHTrans is the transferred amounts of eligible refundable dividend tax on hand from the Predecessor corporation or the wound-up subsidiary (SubName ). The total of all amounts entered in ERDTOHTrans will appear on line 525 of the T2 return. This amount will be added to this corporation's eligible refundable dividend tax on hand account.

      2. NERDTOHTrans : Non-eligible refundable dividend tax on hand transferred from above corp

        NERDTOHTrans is the transferred amounts of non-eligible refundable dividend tax on hand from the Predecessor corporation or the wound-up subsidiary (SubName ). The total of all amounts entered in NERDTOHTrans will appear on line 540 of the T2 return. This amount will be added to this corporation's non-eligible refundable dividend tax on hand account.

    8. In the CCA-Class group, pertaining to federal Schedule 8 (Capital Cost Allowance), Quebec form CO-130.A (Capital Cost Allowance) and AT1 Schedule 13 (Alberta Capital Cost Allowance):

      1. DateAcquired.c : Acquistion date of zero-emission passenger vehicle (must be after March 18, 2019)

        Use the keyword DateAcquired.c to enter the acquisition date of the zero-emission passenger vehicle that would otherwise be included in Class 10 or Class 10.1.

      2. Addition-AIIP.c : Addition of zero-emission passenger vehicle (before sales tax)

        Use the keyword Addition-AIIP.c to enter an addition of a zero-emission passenger vehicle that would otherwise be included in Class 10 or Class 10.1 Enter the original cost of the car excluding GST, PST and HST. For example, if the car cost $60,000 plus $9,000 HST, $60,000 should be entered the keyword Addition-AIIP.c . The amount of GST, PST or HST paid on the allowable cost (up to a maximum of $55,000) should be entered in the keyword GSTPSTCost.c .

        Zero-emission cars acquired after March 18, 2019, and before 2020 are able to claim an enhanced allowance in the first year the car becomes available for use.

        Rates for the First-Year Enhanced Allowance

        Year Acquired

        First-Year Allowance

        March 19, 2019 - 2023 incl.

        100%

        2024 - 2025

        75%

        2026 - 2027

        55%

      3. GSTPSTCost.c : GST, PST or HST on cost of car up to the prescribed amount of $55,000

        Use the keyword GSTPSTCost.c to enter the GST, PST or HST on the of the cost of the car, up to the prescribed amount of $55,000. Enter the lesser of the taxes paid on the purchase of the car and the taxes payable on the prescribed amount of $55,000.

        Use the keyword GSTPSTRebate.c to enter the amount of the GST, PST or HST rebate claimed on the car up to the prescribed amount of $55,000.

      4. GSTPSTRebate.c : GST, PST or HST rebate on addition to deduct from UCC

        The GST, PST or HST rebate on this addition will be deducted from its cost on Schedule 8.

      5. Asset-Description : Description of zero-emission passenger vehicle

        When there is a disposition of this vehicle, the information entered in the keyword Asset-Description and in the keyword Disposal must match exactly.

      6. ACB-Info.c : Adjusted cost base of asset in class

        Both the original cost (before sales tax) and the prescribed limit are required to calculate the adjustment of proceeds when the cost exceeds the allowed limit ($55,000) plus sales taxes payable on that amount.

      7. NAL-Disp : Whether or not this is a non-arm's length disposition

        Use the keyword NAL-Disp to indicate if the vehicle is disposed of to a person or partnership with which the corporation deals at non-arm's length.

  6. Deleted keywords

    1. From the CCA-Class group, pertaining to the deleted federal Schedule 10, Cumulative Eligible Capital Deduction (2016 and later tax years):

      1. FORGDBT80(7): Gross amount of reduction of forgiven debt obligation

        This keyword was used to enter the gross amount of a reduction of a forgiven debt obligation as provided for in subsection 80(7).

      2. DEEMCAPCOST-OV: Deemed total capital cost - override

        This keyword was used if you wished to override the amount DT Max has calculated for the deemed total capital cost.

  7. New options

    1. For the keywords AAII , CapGainLoss.aaii , AAII-OV and AAII.his , pertaining to Schedule 7:

      Adjusted aggregate investment income
      Elig portion tax. capital gain (other than active assets)
      Elig portion cap. loss and ABIL (other than active assets)
      Total income from property
      Amounts in respect of a life insurance policy
      Exempt income
      Amounts received from AgriInvest Fund No. 2
      Dividends from connected corporations
      Business income from an interest in a trust
      Total losses from property
      Amount deducted under subsection 91(4)
      Adjusted aggregate investment income - line 745, sch. 7

    2. For the keyword Alb-TaxCr , pertaining to the Alberta AT1 return:

      Interactive digital media tax credit

    3. For the keyword Amount-Div , pertaining to federal Schedule 3 and Quebec form CO-17S.3:

      Portion of eligible dividend deductible per ITA 112/113

    4. For the keyword ProvCreditOV , pertaining to federal Schedule 5:

      Child care centre development tax credit - Manitoba

    5. For the keyword PartIV-Amnt , pertaining to federal Schedule 43:

      Part IV tax on dividends from connected corp.
      Eligible taxable dividends from other corp.

    6. For the keyword Labour-Exp.f , pertaining to federal Schedule 422:

      Eligible labour expenditures - scriptwriting

    7. For the new keyword ACB-Info.c , pertaining to federal Schedule 8, Alberta AT1 Schedule 13 and Quebec form CO-130.A:

      Original cost
      Prescribed limit (including sales tax minus rebate)

    8. For the keyword CrUnionDedOV in the CrUnion-Ded group, pertaining to federal Schedule 17:

      Permanent establishment in MB (LN 4C of Sch. 17)

    9. For the keyword Pref-Rate in the CrUnion-Ded group, also pertaining to federal Schedule 17:

      Filing corp.'s preferred rate - end of prior year(MB)
      Preferred rate transf. on amalgamation/wind-up(MB)

  8. Revised options

    1. For the keyword CrUnionDedOV in the CrUnion-Ded group, pertaining to federal Schedule 17:

      Former options:

      Tax year start before 2017 or in SK (LN 2C of Sch. 17)
      Permanent establishment in ON, MB or BC (LN 2H of Sch. 17)

      changed to:

      Permanent establishment in SK (LN 2C of Sch. 17)
      Permanent establishment in ON or BC (LN 3C of Sch. 17)

    2. For the keyword Pref-Rate in the CrUnion-Ded group, also pertaining to federal Schedule 17:

      Former options:

      Filing corp.'s preferred rate - end of prior year
      Preferred rate transf. on amalgamation/wind-up
      Filing corp.'s preferred rate - end of prior year(ON/MB/BC)
      Preferred rate transf. on amalgamation/wind-up(ON/MB/BC)

      changed to:

      Filing corp.'s preferred rate - end of prior year (SK)
      Preferred rate transf. on amalgamation/wind-up (SK)
      Filing corp.'s preferred rate - end of prior year(ON/BC)
      Preferred rate transf. on amalgamation/wind-up(ON/BC)

  9. Deleted options

    1. From the keyword Asset-Code , pertaining to federal Schedule 8:

      Geothermal energy equipment acq. after March 21, 2017
      Thermal energy source acquired after March 21, 2017

    2. From the keyword Invest-Add , pertaining to federal Schedule 20:

      Eligible capital expenditures

DT Max T3

  1. Version highlights

    1. Known issues fixed in version 22.30

      1. Schedule 10 - Part XII.2 Tax and Part XIII Non-Resident Withholding Tax

        If taxable capital gains and/or allowable capital losses are entered on line 10050 of Schedule 10, the keyword Specified-Inc.nr can be used to modify the amount. This keyword erroneously did not allow for a NIL amount to be entered. This issue has been corrected in version 22.30.

      2. Joint election not allocating deemed capital gains on TP-646 return

        Since 2016, a joint election between the trust and the deceased beneficiary's graduated rate estate can be filed to report the income that is deemed to be recognized by the trust upon the death of the primary beneficiary in the beneficiary's final return.

        In DT Max T3, the keyword JointElectDeemDisp within the Beneficiary keyword group was allocating the deemed capital gains only on the federal trust return. This issue has been fixed for version 22.30.

      3. MR-14.A - Notice Before Distribution of the Property of a Succession

        The individual must now provide his "identification number" (consisting of 10 digits and displayed on his notice of assessment), unless he does not have one because he has never received a notice of contribution from Revenu Québec. This information will be used as additional validation for the last 3 digits of the SIN.

        In prior years, the identification number of the liquidator was to be entered only if applicable. As of 2018, the identification number of each liquidator must be entered as well as the social insurance number. Version 22.30 now captures both numbers on the MR-14.A form in Part 2.

    2. New form NR95: Authorizing or Cancelling a Representative for a Non-Resident Tax Account

      The NR95 is a new form which will allow a taxpayer to authorize or to cancel a representative's access to non-resident tax accounts, as well as make changes to the representative information. In the past, the CRA required a letter to be submitted for any authorizations on non-resident accounts. The NR95 will now replace the letter.

      Any current authorizations for non-resident tax accounts need to be renewed by submitting Form NR95.

    3. T1229 - Statement of Resource Expenses and Depletion Allowance

      The federal government introduced an enhanced deduction which applies to eligible Canadian development expenses (CDE) and Canadian oil and gas property expenses (COGPE) incurred after November 20, 2018, and before 2028.

      A new section entitled Accelerated Investment Incentive has been added to form T1229 to calculate the additional first-year deduction.

    4. Manitoba retail sales tax rate

      The Manitoba 2019-20 budget has introduced a reduction of its retail sales tax rate, from 8% to 7%, effective July 1, 2019.

  2. New forms

    Federal

    • NR95 - Authorizing or Cancelling a Representative for a Non-Resident Tax Account

  3. Revised forms

    Federal

    • Schedule 11 - Federal Income Tax

    • T3AB - Alberta Tax

    • T3BC - British Columbia Tax

    • T3MB - Manitoba Tax

    • T3NB - New Brunswick Tax

    • T3NL - Newfoundland and Labrador Tax

    • T3NT - Northwest Territories Tax

    • T3NU - Nunavut Tax

    • T3ON - Ontario Tax

    • T3SK - Saskatchewan Tax

    • T3YT - Yukon Tax

    • T3MJ - T3 Provincial and Territorial Taxes for 2019 - Multiple Jurisdictions

    • T1229 - Statement of Resource Expenses and Depletion Allowance

    In-house forms

    • Assembly instructions

    • Client invoice

    • Client letter

  4. New keywords

    1. In the keyword group Resource-Pool , pertaining to Canadian development expenses (CDE) and to Canadian oil and gas property expense (COGPE):

      1. Deduction-AIIP.r : Accelerated investment incentive to claim from particular resource pool

        Use the keyword Deduction-AIIP.r to override the amount to be claimed as the accelerated investment incentive for the Canadian development expenses (CDE) and/or the Canadian oil and gaz property expense (COGPE).

    2. In the keyword group Authorize , pertaining to the new form NR95:

      1. CRA-IDENTIFIER : Type of CRA identifier

        Use the keyword CRA-IDENTIFIER to enter the non-resident account owner's other CRA identifier number. Providing this identifier will not grant authorization to that other account.

      2. BUS-NUMBER.NR : Business number

        Use the keyword BUS-NUMBER.NR to enter the non-resident account owner's business number.

      3. SIN-ITN-TTN.NR : Social insurance number or other tax number

        Use the keyword SIN-ITN-TTN.NR to enter the non-resident account owner's other CRA identifiers such as social insurance number (SIN), temporary tax number (TTN), or individual tax number (ITN).

      4. TRUST-NUMBER.NR : Trust account number

        Use the keyword TRUST-NUMBER.NR to enter the non-resident account owner's trust account number. If no other CRA identifier is entered, DT Max T3 will automatically enter the trust's account number.

      5. FOREIGN-PHONENO.R : Representative's international telephone number

        Use the keyword FOREIGN-PHONENO.R to enter the representative's international telephone number.

      6. Firm-Name.c : Name of business

        Use the keyword Firm-Name.c to enter the business name of the representative. This information will be entered in Part 3 of form NR95.

      7. CANCEL-REP.NR : Cancellation of existing authorizations

        Use the keyword CANCEL-REP.NR to indicate that taxpayer is cancelling the authorization to the release of confidential information on non-resident tax accounts, for all representatives or for a specific representative.

      8. BUSINESS-NUM.NR : Representative's business number

        Use the keyword BUSINESS-NUM.NR to enter the 9-digit number that identifies the business or firm chosen to represent the non-resident tax account.

    3. In the CCA-Class subgroup, pertaining to the two new CCA Classes 54 and 55:

      1. ACB-Amount-CCA : Description and adjusted cost base limited for CCA purposes

        Use the keyword ACB-Amount-CCA to enter the amount on which the taxpayer first claims CCA. This amount may differ from the capital cost in certain CCA classes, such as Class 54, where there is a limit on the amount of CCA deductible.

        DT Max will calculate the limited cost of additions, based on the maximum amounts and tax rates applicable. This amount will automatically be carried forward for future reference for the calculations of recapture and terminal loss.

        A manual entry is only required for new client files.

      2. Add-Included-Taxes : Whether the amount of additions entered includes taxes

        Use the keyword Add-Included-Taxes to indicate whether the amount entered as additions includes the sales tax.

        This information is required for CCA classes in which the amount of CCA deductible is limited. DT Max will calculate the allowable portion based on the maximum amount plus the applicable sales tax.

  5. New options

    1. For the new keyword CRA-IDENTIFIER in the Authorize group, pertaining to the new form NR95, Authorizing or Cancelling a Representative for a Non-Resident Tax Account:

      Business number
      Social insurance no./individual tax no./temporary tax no.
      Trust account number

    2. For the keyword QC-Dividends.OV in the Allocation-OV group:

      Actual amount of ordinary dividends (28/03/18 - 31/12/18)
      Actual amount of eligible dividends (28/03/18 - 31/12/18)
      Taxable amount of ordinary dividends (28/03/18 - 31/12/18)
      Taxable amount of eligible dividends (28/03/18 - 31/12/18)
      Tax credit for ordinary dividends (28/03/18 - 31/12/18)
      Tax credit for eligible dividends (28/03/18 - 31/12/18)

    3. For the keyword Dividends in the IncomeSource group and the keyword Dividend.t in the T-Slip group:

      Actual amount of ordinary dividends (28/03/18 - 31/12/18)
      Actual amount of eligible dividends (28/03/18 - 31/12/18)

    4. For the keyword Dividend-Act in the Partnership group:

      Actual amount of eligible dividends (28/03/18 - 31/12/18)

    5. For the keyword EligDividend-Act in the Partnership group:

      Actual amount of eligible dividends (28/03/18 - 31/12/18)

    6. For the keyword Authorize :

      NR95 - Federal NR tax accounts

    7. For the keyword Consent-Rep in the Authorize group:

      Authorize tax preparer
      Authorize other representative

    8. For the CCA-Class group:

      Class 54 - 30% (after March 19 2019 & before 2028)
      Class 55 - 40% (after March 19 2019 & before 2028)

    9. For keyword Leasing-Cost , in the sub-group Vehicle-Exp of the Business group:

      Portion current year lease cost (pre GST/HST changes)

  6. Deleted options

    1. From the keyword Expenses-OV in the Beneficiary group and the keyword ITC-Invest.t in the T-Slip group:

      [6714] ITC at 10% Qualified resource property (relief rate)

DT Max T5013

  1. Version highlights

    1. Federal T1135 e-submission under DT Max T5013

      Efile service providers will have the capability to electronically submit the Form T1135, Foreign Income Verification Statement, to the Canada Revenue Agency (CRA).

      From the Efile menu, clicking T1135 e-submission and OK will transmit the T1135 Form.

      After you click OK, DT Max will automatically submit each T1135 Form separately. The files will be processed in real time, meaning that the response will be almost instantaneous. The results can be viewed from the Results log or from within the client's file.

      Please note that if the T1135 e-submission is accepted, DT Max will write the result into the Progress keyword group. If it is rejected, the error code will be written into the EfileT1135Error keyword.

      The processing status can also be maintained separately within the Client List under the column Processing status - Other. You can enable Processing status - Other, from the DT Max Client List, by selecting it within Client list settings found underneath Preferences.

      IMPORTANT: Please do not submit paper copies of the form unless requested to do so by the CRA.

      IMPORTANT: Please note that any T1135 e-submission under the DT Max T5013 product must access the federal efile number and password specified within the DT Max federal T1 efile setup. You must complete your federal T1 efile setup prior to calculating and transmitting any DT Max T5013 T1135 Form(s). If you are not a T1 licensed user, please contact the DT Max Support team to enable the e-submission of the T1135 Form(s).

    2. New CCA classes 54 and 55 - Zero-emission vehicles

      In the 2019 federal budget, the government announced the introduction of two new CCA classes:

      Class 54 is for zero-emission vehicles that would otherwise be included in class 10 or 10.1. However, for each eligible vehicle, this class has a limit of $55,000 (plus sales taxes) on the amount of CCA deductible. The limit of $55,000 will be reviewed annually due to ensure it remains in line with market changes over time.

      Class 55 will be created for zero-emission vehicles otherwise included in class 16.

      Budget 2019 provides a full tax write-off for zero-emission vehicles in the year in which the vehicle is purchased beginning on or after March 19, 2019, and before January 1, 2024. Eligible vehicles will include electric battery, plug-in hybrid (with a battery capacity of at least 15 kWh) or hydrogen fuel cell vehicles including light-, medium-, and heavy-duty vehicles that are purchased by a business.

      Use the keyword CCA-Class with the option "Class 54 - 30% DB (after March 18, 2019)" or "Class 55 - 40% DB (after March 18, 2019)" to enter information regarding these classes.

    3. Quebec additional capital cost allowance of 30%

      The government of Quebec has introduced an additional capital cost allowance of 30% for property acquired after December 3, 2018, to encourage continued investment in certain qualified intellectual property (Classes 14, 14.1 and 44), clean energy generation equipment (Classes 43.1 and 43.2), general-purpose electronic data processing equipment (Class 50), and manufacturing and processing equipment (Class 53).

      The qualified property must be new at the time of its acquisition and must be entered in a separate class. A new keyword Add-Deduction-QC has been added in CCA-Class group for the user to indicate whether this property is entitled to the additional 30% allowance. The additional CCA of 30% will be calculated on the current year's CCA claimed for the new acquisition and carried forward in the keyword Net-Inc-Ded option "Additional CCA - Data processing or M&P equipment (30%)" within the NetIncome group to be deducted in the following taxation year.

  2. New keywords

    1. In the CCA-Class group, pertaining to CCA Class 54:

      1. DateAcquired.c : Acquistion date of zero-emission passenger vehicle (must be after March 18, 2019)

        Use the keyword DateAcquired.c to enter the acquisition date of the zero-emission passenger vehicle that would otherwise be included in Class 10 or Class 10.1.

      2. Addition-AIIP.c : Addition of zero-emission passenger vehicle (before sales tax)

        Use the keyword Addition-AIIP.c to enter an addition of a zero-emission passenger vehicle that would otherwise be included in Class 10 or Class 10.1 Enter the original cost of the car excluding GST, PST and HST. For example, if the car cost $60,000 plus $9,000 HST, $60,000 should be entered the keyword Addition-AIIP.c . The amount of GST, PST or HST paid on the allowable cost (up to a maximum of $55,000) should be entered in the keyword GSTPSTCost.c .

        Zero-emission cars acquired after March 18, 2019, and before 2020 are able to claim an enhanced allowance in the first year the car becomes available for use.

        Rates for the First-Year Enhanced Allowance

        Year Acquired

        First-Year Allowance

        March 19, 2019 - 2023 incl.

        100%

        2024 - 2025

        75%

        2026 - 2027

        55%

      3. GSTPSTCost.c : GST, PST or HST on cost of car up to the prescribed amount of $55,000

        Use the keyword GSTPSTCost.c to enter the GST, PST or HST on the of the cost of the car, up to the prescribed amount of $55,000. Enter the lesser of the taxes paid on the purchase of the car and the taxes payable on the prescribed amount of $55,000.

        Use the keyword GSTPSTRebate.c to enter the amount of the GST, PST or HST rebate claimed on the car up to the prescribed amount of $55,000.

      4. GSTPSTRebate.c : GST, PST or HST rebate on addition to deduct from UCC

        The GST, PST or HST rebate on this addition will be deducted from its cost on Schedule 8.

      5. Asset-Description : Description of zero-emission car

        When there is a disposition of this vehicle, the information entered in the keyword Asset-Description and in the keyword Disposal must match exactly.

      6. ACB-Info.c : Adjusted cost base of asset in class

        Both the original cost (before sales tax) and the prescribed limit are required to calculate the adjustment of proceeds when the cost exceeds the allowed limit ($55,000).

      7. NAL-Disp : Whether or not this is a non-arm's length disposition

        Use the keyword NAL-Disp to indicate if the vehicle is disposed of to a person or partnership with which the corporation deals at non-arm's length.

    2. Pertaining to the T1135 e-submission:

      1. EfileT1135Error : T1135 efile error code

        The keyword EfileT1135Error lists the T1135 e-submission error message(s) received. Please refer to our knowledge base for a listing of all the T1135 error messages.

  3. New options

    1. For the keyword CCA-Class :

      Class 54 - 30% DB (after March 18, 2019)

      Zero-emission passenger vehicles acquired after March 18, 2019, and before 2028, that would otherwise be included in Class 10 or Class 10.1, are allowed an enhanced deduction in the first year the vehicle becomes available for use. There is a limitation of $55,000 (plus sales taxes that are not rebated) on the amount of CCA deductible.

      Class 55 - 40% DB (after March 18, 2019)

      Zero-emission vehicles acquired after March 18, 2019, and before 2028, that would otherwise be included in Class 16, are allowed an enhanced deduction in the first year the vehicle becomes available for use.

    2. For the keyword ACB-Info.c in the CCA-Class pertaining to CCA Class 54:

      Original cost

      This is the original cost before sales tax.

      Prescribed limit including sales tax minus rebate

      This is amount used for CCA purposes subject to a limitation of the prescribed amount ($55,000) plus sales tax payable on that amount.

    3. For the keyword Progress , pertaining to federal form T1135, Foreign Income Verification Statement:

      T1135 Foreign income verification statement - submitted
      T1135 Foreign income verification statement - resubmitted

    4. For the keyword Net-Inc-Ded in the NetIncome group, pertaining to Quebec Schedule F, Net Income for Income Tax Purposes:

      Additional CCA - Data processing or M&P equipment (30%)





June 19, 2019