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T2 tax calculations
599 Other
  Nova Scotia tax |
| Program(s) affected: |
T2 |
 |
Document created: |
February 14, 2005 |
| Tax year(s): |
2005 |
Document last modified: |
May 20, 2005 |
| Version(s): |
8.10 |
Problem status: |
Fixed in v8.25 |
|
Why is DT Max calculating the Nova Scotia tax by applying a 10% rate
to income up to $300,000 instead of a 5% rate?
This is a problem for fiscal periods ending in 2005. DT Max is calculating
the portion of the fiscal period falling in 2005 using a 10% rate instead of a 5% rate.
As a workaround, use the keyword Override, select Schedule 5,
enter "215" under FIELDDATA, and then enter the appropriate amount.
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