*** Transcriber's Note: Please set your voice synthesizer to read most 
punctuation. When you encounter the caret sign at the end of a line, please 
enter the applicable information, if necessary. *** 
 
T2 E (11) (Page 1 of 8) 
 
Canada Revenue Agency 
 
T2 Corporation Income Tax Return (2011 and later tax years) 
 
Line 200: Code 1101 
 
Line 055: Do not use this area 
 
This form serves as a federal, provincial, and territorial corporation income 
tax return, unless the corporation is located in Quebec or Alberta. If the 
corporation is located in one of these provinces, you have to file a separate 
provincial corporation return. 
 
All legislative references on this return are to the federal Income Tax Act. 
This return may contain changes that had not yet become law at the time of 
publication. 
 
Send one completed copy of this return, including schedules and the General 
Index of Financial Information (GIFI), to your tax centre or tax services 
office. You have to file the return within six months after the end of the 
corporation's tax year. 
 
For more information see www.cra.gc.ca or Guide T4012, T2 Corporation - 
Income Tax Guide. 
 
Identification 
 
Line 001: Business Number (BN) (enter 9-digit number) ^
RC (enter 4-digit number) ^
 
Line 002: Corporation's name ^
 
Address of head office 
 
Line 010: Has this address changed since the last time you filed your T2 
return? 1 Yes or 2 No ^
(If yes, complete lines 011 to 018) 
 
Line 011: ^
Line 012: ^
Line 015: City ^
Line 016: Province, territory, or state ^
Line 017: Country (other than Canada) ^
Line 018: Postal code/Zip code ^
 
Mailing address (if different from head office address) 
 
Line 020: Has this address changed since the last time we were notified? 1 
Yes or 2 No ^
(If yes, complete lines 021 to 028) 
 
Line 021: C/O ^
Line 022: ^
Line 023: ^
Line 025: City ^
Line 026: Province, territory, or state ^
Line 027: Country (other than Canada) ^
Line 028: Postal code/Zip code ^
 
Location of books and records 
 
Line 030: Has the location of books and records changed since the last time 
we were notified? 1 Yes or 2 No ^
(If yes, complete lines 031 to 038) 
 
Line 031: ^
Line 032: ^
Line 035: City ^
Line 036: Province, territory, or state ^
Line 037: Country (other than Canada) ^
Line 038: Postal code/Zip code ^
 
Line 040: Type of corporation at the end of the tax year (enter an "X" to one 
of the following) 
 
Box 1: Canadian-controlled private corporation (CCPC) ^
Box 2: Other private corporation ^
Box 3: Public corporation ^
Box 4: Corporation controlled by a public corporation ^
Box 5: Other corporation (specify, below) ^
 
Line 043: If the type of corporation changed during the tax year, provide the 
effective date of the change. (Year/Month/Day) ^
 
To which tax year does this return apply? 
 
Line 060: Tax year start (Year/Month/Day) ^
Line 061: Tax year-end (Year/Month/Day) ^
 
Line 063: Has there been an acquisition of control to which subsection 249(4) 
applies since the previous tax year? 1 Yes or 2 No ^
 
Line 065: If yes, provide the date control was acquired (Year/Month/Day) ^
 
Is the date on line 061 a deemed tax year-end according to: ^
Line 064: subparagraph 88(2)(a)(iv)? 1 Yes or 2 No ^
Line 066: subsection 249(3.1)? 1 Yes or 2 No ^
 
Line 067: Is the corporation a professional corporation that is a member of a 
partnership? 1 Yes or 2 No ^
 
Is this the first year of filing after: 
 
Line 070: Incorporation? 1 Yes or 2 No ^
 
Line 071: Amalgamation? 1 Yes or 2 No ^
 
If yes, complete lines 030 to 038 and attach Schedule 24. 
 
Line 072: Has there been a wind-up of a subsidiary under section 88 during 
the current tax year? 1 Yes 2 or No ^
 
If yes, complete and attach Schedule 24. 
 
Line 076: Is this the final tax year before amalgamation? 1 Yes or 2 No ^
 
Line 078: Is this the final return up to dissolution? 1 Yes or 2 No ^
 
Line 079: If an election was made under section 261, state the functional 
currency used ^
 
Line 080: Is the corporation a resident of Canada? 1 Yes or 2 No ^
If no, give the country of residence on line 081 and complete and attach 
Schedule 97. 
Line 081: ^
 
Line 082: Is the non-resident corporation claiming an exemption under an 
income tax treaty? 1 Yes or 2 No^
If yes, complete and attach Schedule 91. 
 
Line 085: If the corporation is exempt from tax under section 149, tick one 
of the following boxes: (enter an "X") 
 
Box 1: Exempt under paragraph 149(1)(e) or (l) ^
Box 2: Exempt under paragraph 149(1)(j) ^
Box 3: Exempt under paragraph 149(1)(t) ^
Box 4: Exempt under other paragraphs of section 149 ^
 
Do not use this area 
Line 095 
Line 096 
 
 
T2 E (11) (Page 2 of 8) 
 
Attachments 
 
Financial statement information: Use GIFI schedules 100, 125, and 141. 
 
Schedules - Answer the following questions. For each yes response, attach the 
schedule to the T2 return, unless otherwise instructed. 
 
Line 50: Is the corporation related to any other corporations? Yes or No ^
If yes, attach Schedule 9 
 
Line 160: Is the corporation an associated CCPC? Yes or No ^
If yes, attach Schedule 23 
 
Line 161: Is the corporation an associated CCPC that is claiming the 
expenditure limit? Yes or No ^
If yes, attach Schedule 49 
 
Line 151: Does the corporation have any non-resident shareholders? Yes or No 
^
If yes, attach Schedule 19 
 
Line 162: Has the corporation had any transactions, including section 85 
transfers, with its shareholders, officers, or employees, other than 
transactions in the ordinary course of business? Exclude non-arm's length 
transactions with non-residents Yes or No ^
If yes, attach Schedule 11 
 
Line 163: If you answered yes to the above question, and the transaction was 
between corporations not dealing at arm's length, were all or substantially 
all of the assets of the transferor disposed of to the transferee? Yes or No 
^ 
If yes, attach Schedule 44 
 
Line 164: Has the corporation paid any royalties, management fees, or other 
similar payments to residents of Canada? Yes or No ^ 
If yes, attach Schedule 14 
 
Line 165: Is the corporation claiming a deduction for payments to a type of 
employee benefit plan? Yes or No ^
If yes, attach Schedule 15 
 
Line 166: Is the corporation claiming a loss or deduction from a tax shelter 
acquired after August 31, 1989? Yes or No ^
If yes, attach Schedule T5004 
 
Line 167: Is the corporation a member of a partnership for which a 
partnership identification number has been assigned? Yes or No ^
If yes, attach Schedule T5013 
 
Line 168: Did the corporation, a foreign affiliate controlled by the 
corporation, or any other corporation or trust that did not deal at arm's 
length with the corporation have a beneficial interest in a non-resident 
discretionary trust (without reference to section 94)? Yes or No ^
If yes, attach Schedule 22 
 
Line 169: Did the corporation have any foreign affiliates during the year? 
Yes or No ^
If yes, attach Schedule 25 
 
Line 170: Has the corporation made any payments to non-residents of Canada 
under subsections 202(1) and/or 105(1) of the federal Income Tax Regulations? 
Yes or No ^
If yes, attach Schedule 29 
 
Line 171: Has the corporation had any non-arm's length transactions with a 
non-resident? Yes or No ^
If yes, attach Schedule T106 
 
Line 173: For private corporations: Does the corporation have any 
shareholders who own 10% or more of the corporation's common and/or preferred 
shares? Yes or No ^
If yes, attach Schedule 50 
 
Line 172: Has the corporation made payments to, or received amounts from, a 
retirement compensation plan arrangement during the year? Yes or No ^
 
Line 201: Is the net income/loss shown on the financial statements different 
from the net income/loss for income tax purposes? Yes or No ^
If yes, attach Schedule 1 
 
Line 202: Has the corporation made any charitable donations; gifts to Canada, 
a province, or a territory; gifts of cultural or ecological property; or 
gifts of medicine? Yes or No ^
If yes, attach Schedule 2 
 
Line 203: Has the corporation received any dividends or paid any taxable 
dividends for purposes of the dividend refund? Yes or No ^
If yes, attach Schedule 3 
 
Line 204: Is the corporation claiming any type of losses? Yes or No ^
If yes, attach Schedule 4 
 
Line 205: Is the corporation claiming a provincial or territorial tax credit 
or does it have a permanent establishment in more than one jurisdiction? Yes 
or No ^
If yes, attach Schedule 5 
 
Line 206: Has the corporation realized any capital gains or incurred any 
capital losses during the tax year? Yes or No ^
If yes, attach Schedule 6 
 
Line 207: i) Is the corporation claiming the small business deduction and 
reporting income from: a) property (other than dividends deductible on line 
320 of the T2 return), b) a partnership, c) a foreign business, or d) a 
personal services business; or 
 
ii) does the corporation have aggregate investment income at line 440? Yes or 
No ^
If yes, attach Schedule 7 
 
Line 208: Does the corporation have any property that is eligible for capital 
cost allowance? Yes or No ^
If yes, attach Schedule 8 
 
Line 210: Does the corporation have any property that is eligible capital 
property? Yes or No ^
If yes, attach Schedule 10 
 
Line 212: Does the corporation have any resource-related deductions? Yes or 
No ^
If yes, attach Schedule 12 
 
Line 213: Is the corporation claiming deductible reserves? Yes or No ^
If yes, attach Schedule 13 
 
Line 216: Is the corporation claiming a patronage dividend deduction? Yes or 
No ^
If yes, attach Schedule 16 
 
Line 217: Is the corporation a credit union claiming a deduction for 
allocations in proportion to borrowing or an additional deduction? Yes or No 
^
If yes, attach Schedule 17 
 
Line 218: Is the corporation an investment corporation or a mutual fund 
corporation? Yes or No ^
If yes, attach Schedule 18 
 
Line 220: Is the corporation carrying on business in Canada as a non-resident 
corporation? Yes or No ^
If yes, attach Schedule 20 
 
Line 221: Is the corporation claiming any federal or provincial foreign tax 
credits, or any federal or provincial logging tax credits? Yes or No ^
If yes, attach Schedule 21 
 
Line 227: Does the corporation have any Canadian manufacturing and processing 
profits? Yes or No ^
If yes, attach Schedule 27 
 
Line 231: Is the corporation claiming an investment tax credit? Yes or No ^
If yes, attach Schedule 31 
 
Line 232: Is the corporation claiming any scientific research and 
experimental development (SR&ED) expenditures? Yes or No ^
If yes, attach Schedule T661 
 
Line 233: Is the total taxable capital employed in Canada of the corporation 
and its related corporations over $10,000,000? Yes or No ^
 
Line 234: Is the total taxable capital employed in Canada of the corporation 
and its associated corporations over $10,000,000? Yes or No ^
 
Line 237: Is the corporation claiming a surtax credit? Yes or No ^
If yes, attach Schedule 37 
 
Line 238: Is the corporation subject to gross Part VI tax on capital of 
financial institutions? Yes or No ^
If yes, attach Schedule 38 
 
Line 242: Is the corporation claiming a Part I tax credit? Yes or No ^
If yes, attach Schedule 42 
 
Line 243: Is the corporation subject to Part IV.1 tax on dividends received 
on taxable preferred shares or Part VI.1 tax on dividends paid? Yes or No ^
If yes, attach Schedule 43 
 
Line 244: Is the corporation agreeing to a transfer of the liability for Part 
VI.1 tax? Yes or No ^
If yes, attach Schedule 45 
 
Line 249: Is the corporation subject to Part II - Tobacco Manufacturers' 
surtax? Yes or No ^
If yes, attach Schedule 46 
 
Line 250: For financial institutions: Is the corporation a member of a 
related group of financial institutions with one or more members subject to 
gross Part VI tax? Yes or No ^
If yes, attach Schedule 39 
 
Line 253: Is the corporation claiming a Canadian film or video production tax 
credit refund? Yes or No ^
If yes, attach Schedule T1131 
 
Line 254: Is the corporation claiming a film or video production services tax 
credit refund? Yes or No ^
If yes, attach Schedule T1177 
 
Line 255: Is the corporation subject to Part XIII.1 tax? (Show your 
calculations on a sheet that you identify as Schedule 92.) Yes or No ^
If yes, attach Schedule 92 
 
 
T2 E (11) (Page 3 of 8) 
 
Attachments - continued from page 2 
 
Line 256: Did the corporation have any foreign affiliates that are not 
controlled foreign affiliates? Yes or No ^
If yes, attach Schedule T1134-A 
 
Line 258: Did the corporation have any controlled foreign affiliates? Yes or 
No ^
If yes, attach Schedule T1134-B 
 
Line 259: Did the corporation own specified foreign property in the year with 
a cost amount over $100,000? Yes or No ^
If yes, attach Schedule T1135 
 
Line 260: Did the corporation transfer or loan property to a non-resident 
trust? Yes or No ^
If yes, attach Schedule T1141 
 
Line 261: Did the corporation receive a distribution from or was it indebted 
to a non-resident trust in the year? Yes or No ^
If yes, attach Schedule T1142 
 
Line 262: Has the corporation entered into an agreement to allocate 
assistance for SR&ED carried out in Canada? Yes or No ^
If yes, attach Schedule T1145 
 
Line 263: Has the corporation entered into an agreement to transfer qualified 
expenditures incurred in respect of SR&ED contracts? Yes or No ^
If yes, attach Schedule T1146 
 
Line 264: Has the corporation entered into an agreement with other associated 
corporations for salary or wages of specified employees for SR&ED? Yes or No 
^
If yes, attach Schedule T1174 
 
Line 265: Did the corporation pay taxable dividends (other than capital gains 
dividends) in the tax year? Yes or No ^
If yes, attach Schedule 55 
 
Line 266: Has the corporation made an election under subsection 89(11) not to 
be a CCPC? Yes or No ^
If yes, attach Schedule T2002 
 
Line 267: Has the corporation revoked any previous election made under 
subsection 89(11)? Yes or No ^
If yes, attach Schedule T2002 
 
Line 268: Did the corporation (CCPC or deposit insurance corporation (DIC)) 
pay eligible dividends, or did its general rate income pool (GRIP) change in 
the tax year? Yes or No ^
If yes, attach Schedule 53 
 
Line 269: Did the corporation (other than a CCPC or DIC) pay eligible 
dividends, or did its low rate income pool (LRIP) change in the tax year? Yes 
or No ^
If yes, attach Schedule 54 
 
Additional information 
 
Line 270: Did the corporation use the International Financial Reporting 
Standards (IFRS) when it prepared its financial statements? 1 Yes or 2 No ^
 
Line 280: Is the corporation inactive? 1 Yes or 2 No ^
 
Line 285: Specify the principal product(s) mined, manufactured, sold, 
constructed, or services provided, giving the approximate percentage of the 
total revenue that each product or service represents. 
 
Line 284: ^
Line 285: % ^
Line 286: ^
Line 287: % ^
Line 288: ^
Line 289: % ^
 
Line 291: Did the corporation immigrate to Canada during the tax year? 1 Yes 
or 2 No ^
 
Line 292: Did the corporation emigrate from Canada during the tax year? 1 Yes 
or 2 No ^
 
Line 293: Do you want to be considered as a quarterly instalment remitter if 
you are eligible? 1 Yes or 2 No ^
 
Line 294: If the corporation was eligible to remit instalments on a quarterly 
basis for part of the tax year, provide the date the corporation ceased to be 
eligible (Year/Month/Day) ^
 
Line 295: If the corporation's major business activity is construction, did 
you have any subcontractors during the tax year? 1 Yes or 2 No ^
 
Taxable income 
 
Line A and line 300: Net income or (loss) for income tax purposes from 
Schedule 1, financial statements, or GIFI ^
 
Deduct: 
 
Line 311: Charitable donations from Schedule 2 ^
Line 312: Gifts to Canada, a province, or a territory from Schedule 2 ^
Line 313: Cultural gifts from Schedule 2 ^
Line 314: Ecological gifts from Schedule 2 ^
Line 315: Gifts of medicine from Schedule 2 ^
Line 320: Taxable dividends deductible under section 112 or 113, or 
subsection 138(6) from Schedule 3 
Line 325: Part VI.1 tax deduction* ^
Line 331: Non-capital losses of previous tax years from Schedule 4 ^
Line 332: Net capital losses of previous tax years from Schedule 4 ^
Line 333: Restricted farm losses of previous tax years from Schedule 4 ^
Line 334: Farm losses of previous tax years from Schedule 4 ^
Line 335: Limited partnership losses of previous tax years from Schedule 4 ^
Line 340: Taxable capital gains or taxable dividends allocated from a central 
credit union ^
Line 350: Prospector's and grubstaker's shares ^
Line B: Subtotal ^
 
Line C: Subtotal (amount A minus amount B) (if negative, enter "0") ^
 
Line D and line 355: Add: Section 110.5 additions or subparagraph 
115(1)(a)(vii) additions ^
 
Line 360: Taxable income (amount C plus amount D) ^
 
Line 370: Income exempt under paragraph 149(1)(t) ^
 
Line Z: Taxable income for a corporation with exempt income under paragraph 
149(1)(t) (line 360 minus line 370) ^
 
* This amount is equal to 3.2 times the Part VI.1 tax payable at line 724 on 
page 8. Use 3.5 for tax years ending after 2011. 
 
 
T2 E (11) (Page 4 of 8) 
 
Small business deduction 
 
Canadian-controlled private corporations (CCPCs) throughout the tax year 
 
Line A and line 400: Income from active business carried on in Canada from 
Schedule 7 ^
 
Line B and line 405: Taxable income from line 360 on page 3, minus 100/28* of 
the amount on line 632** on page 7, minus 1 divided by (0.38 minus X***) 
times the amount on line 636**** on page 7, and minus any amount that, 
because of federal law, is exempt from Part I tax ^
 
Line C and line 410: Business limit (see notes 1 and 2 below) ^
 
Notes: 
1. For CCPCs that are not associated, enter $500,000 on line 410. However, if 
the corporation's tax year is less than 51 weeks, prorate this amount by the 
number of days in the tax year divided by 365, and enter the result on line 
410. 
 
2. For associated CCPCs, use Schedule 23 to calculate the amount to be 
entered on line 410. 
 
Business limit reduction: 
 
Line E: Amount C ^
Multiplied by Line D and 415**** ^
Divided by 11,250 = ^
 
Line F and line 425: Reduced business limit (amount C minus amount E) (if 
negative, enter "0") ^
 
Small business deduction 
 
Line G and 430: Amount A, B, C, or F, whichever is the least ^
Multiplied by 17% = ^
 
Enter amount G on line 1 on page 7. ^
 
* 10 divided by 3 for tax years ending before November 1, 2011. The result of 
the multiplication by line 632 has to be pro-rated based on the number of 
days in the tax year that are in each period: before November 1, 2011, and 
after October 31, 2011. 
 
** Calculate the amount of foreign non-business income tax credit deductible 
on line 632 without reference to the refundable tax on the CCPC's investment 
income (line 604) and without reference to the corporate tax reductions under 
section 123.4. 
 
*** General rate reduction percentage for the tax year. It has to be pro-
rated based on the number of days in the tax year that are in each calendar 
year. See page 5. 
 
**** Calculate the amount of foreign business income tax credit deductible on 
line 636 without reference to the corporation tax reductions under section 
123.4. 
 
***** Large corporations 
 
- If the corporation is not associated with any corporations in both the 
current and previous tax years, the amount to be entered on line 415 is: 
(Total taxable capital employed in Canada for the prior year minus 
$10,000,000) multiplied by 0.225%. 
 
- If the corporation is not associated with any corporations in the current 
tax year, but was associated in the previous tax year, the amount to be 
entered on line 415 is: (Total taxable capital employed in Canada for the 
current year minus $10,000,000) multiplied by 0.225%. 
 
- For corporations associated in the current tax year, see Schedule 23 for 
the special rules that apply. 
 
 
T2 E (11) (Page 5 of 8) 
 
General tax reduction for Canadian-controlled private corporations 
 
Canadian-controlled private corporations throughout the tax year 
 
Line A: Taxable income from line 360 on page 3 ^
 
Line B: Lesser of amounts V and Y from Part 9 of Schedule 27 ^
 
Line C: Amount QQ from Part 13 of Schedule 27 ^
 
Line D: Amount used to calculate the credit union deduction from Schedule 17 
^
 
Line E: Amount from line 400, 405, 410, or 425 on page 4, whichever is the 
least ^
 
Line F: Aggregate investment income from line 440 on page 6* ^
 
Line G: Total of amounts B to F ^
 
Line H: Amount A minus amount G (if negative, enter "0") ^
 
Line I: Amount H ^
Multiplied by Number of days in the tax year after December 31, 2008, and 
before January 1, 2010 divided by Number of days in the tax year ^
Multiplied by 9% = ^
 
Line J: Amount H ^
Multiplied by Number of days in the tax year after December 31, 2009, and 
before January 1, 2011 divided by Number of days in the tax year ^
Multiplied by 10% = ^
 
Line K: Amount H ^
Multiplied by Number of days in the tax year after December 31, 2010, and 
before January 1, 2012 divided by Number of days in the tax year ^
Multiplied by 11.5% = ^
 
Line L: Amount H ^
Number of days in the tax year after December 31, 2011 divided by Number of 
days in the tax year ^
Multiplied by 13% = ^
 
Line M: General tax reduction for Canadian-controlled private corporations - 
Total of amounts I to L ^
 
Enter amount M on line 638 on page 7. 
 
* Except for a corporation that is, throughout the year, a cooperative 
corporation (within the meaning assigned by subsection 136(2)) or a credit 
union. 
 
General tax reduction 
 
Do not complete this area if you are a Canadian-controlled private 
corporation, an investment corporation, a mortgage investment corporation, a 
mutual fund corporation, or any corporation with taxable income that is not 
subject to the corporation tax rate of 38%. 
 
Line N: Taxable income from page 3 (line 360 or amount Z, whichever applies) 
(For tax years beginning after October 31, 2011, do not include income from a 
personal service business.) ^
 
Line O: Lesser of amounts V and Y from Part 9 of Schedule 27 ^
 
Line P: Amount QQ from Part 13 of Schedule 27 ^
 
Line Q: Amount used to calculate the credit union deduction from Schedule 17 
^
 
Line R: Total of amounts O to Q ^
 
Line S: Amount N minus amount R (if negative, enter "0") ^
 
Line T: Amount S ^
Multiplied by Number of days in the tax year after December 31, 2008, and 
before January 1, 2010 divided by Number of days in the tax year ^
Multiplied by 9% = ^
 
Line U: Amount S ^
Multiplied by Number of days in the tax year after December 31, 2009, and 
before January 1, 2011 divided by Number of days in the tax year ^
Multiplied by 10% = ^
 
Line V: Amount S ^
Multiplied by Number of days in the tax year after December 31, 2010, and 
before January 1, 2012 divided by Number of days in the tax year ^
Multiplied by 11.5% = ^
 
Line W: Amount S ^
Multiplied by Number of days in the tax year after December 31, 2011 divided 
by Number of days in the tax year ^
Multiplied by 13% = ^
 
Line X: General tax reduction - Total of amounts T to W ^
 
Enter amount X on line 639 on page 7. 
 
 
T2 E (11) (Page 6 of 8) 
 
Refundable portion of Part I tax 
 
Canadian-controlled private corporations throughout the tax year 
 
Line A and line 440: Aggregate investment income from Schedule 7 ^
Multiplied by 26 and two thirds percent = ^
 
Foreign non-business income tax credit from line 632 on page 7 ^
 
Deduct: 
 
Line 445: Foreign investment income from Schedule 7 ^
Multiplied by 9 and one third percent = ^
 
Line B: (if negative, enter "0") ^
 
Line C: Amount A minus amount B (if negative, enter "0") ^
 
Taxable income from line 360 on page 3 ^
 
Deduct: 
 
Amount from line 400, 405, 410, or 425 on page 4, whichever is the least ^
 
Foreign non-business income tax credit from line 632 on page 7 ^
Multiplied by 25 divided by 9* = ^
 
Foreign business income tax credit from line 636 on page 7 ^
Multiplied by 1 divided by (0.38 minus X**) = ^
 
Line D: Multiplied by 26 and two thirds percent = ^
 
Line E: Part I tax payable minus investment tax credit refund (line 700 minus 
line 780 from page 8) ^
 
Line F and line 450: Refundable portion of Part I tax - Amount C, D, or E, 
whichever is the least ^
 
* 100 divided by 35 for tax years beginning after October 31, 2011. 
 
** General rate reduction percentage for the tax year. It has to be pro-
rated. 
 
Refundable dividend tax on hand 
 
Line 460: Refundable dividend tax on hand at the end of the previous tax year 
^
 
Line 465: Deduct: Dividend refund for the previous tax year ^
Line G: ^
 
Add the total of: 
Refundable portion of Part I tax from line 450 above ^
Total Part IV tax payable from Schedule 3 ^
 
Line H and line 480: Net refundable dividend tax on hand transferred from a 
predecessor corporation on amalgamation, or from a wound-up subsidiary 
corporation ^
 
Line 485: Refundable dividend tax on hand at the end of the tax year - Amount 
G plus amount H ^
 
Dividend refund 
 
Private and subject corporations at the time taxable dividends were paid in 
the tax year 
 
Line I: Taxable dividends paid in the tax year from line 460 on page 2 of 
Schedule 3 ^
Multiplied by one third = ^
 
Line J: Refundable dividend tax on hand at the end of the tax year from line 
485 above ^
 
Dividend refund - Amount I or J, whichever is less (enter this amount on line 
784 on page 8) ^
 
 
T2 E (11) (Page 7 of 8) 
 
Part I tax 
 
Line A and line 550: Base amount Part I tax - Taxable income from page 3 
(line 360 or amount Z, whichever applies) multiplied by 38% ^
 
Line B and line 602: Recapture of investment tax credit from Schedule 31 ^
 
Calculation for the refundable tax on the Canadian-controlled private 
corporation's (CCPC) investment income (if it was a CCPC throughout the tax 
year) 
 
Line i: Aggregate investment income from line 440 on page 6 ^
 
Taxable income from line 360 on page 3 ^
 
Deduct: 
 
Amount from line 400, 405, 410, or 425 on page 4, whichever is the least ^
 
Line ii: Net amount ^
 
Line C and line 604: Refundable tax on CCPC's investment income - 6 two 
thirds percent of whichever is less: amount i or ii ^
 
Line D: Subtotal (add lines A to C) ^
 
Deduct: 
 
Line 1: Small business deduction from line 430 on page 4 ^
Line 608: Federal tax abatement ^
Line 616: Manufacturing and processing profits deduction from Schedule 27 ^
Line 620: Investment corporation deduction ^
 
Line 624: Taxed capital gains ^
 
Line 628: Additional deduction - credit unions from Schedule 17 ^
Line 632: Federal foreign non-business income tax credit from Schedule 21 ^
Line 636: Federal foreign business income tax credit from Schedule 21 ^
Line 638: General tax reduction for CCPCs from amount M on page 5 ^
Line 639: General tax reduction from amount X on page 5 ^
Line 640: Federal logging tax credit from Schedule 21 ^
Line 648: Federal qualifying environmental trust tax credit ^
Line 652: Investment tax credit from Schedule 31 ^
Line E: Subtotal ^
 
Line F: Part I tax payable - Line D minus line E ^
 
Enter amount F on line 700 on page 8. 
 
 
T2 E (11) (Page 8 of 8) 
 
Summary of tax and credits 
 
Federal tax 
 
Line 700: Part I tax payable from page 7 ^
Line 708: Part II surtax payable from Schedule 46 ^
Line 710: Part III.1 tax payable from Schedule 55 ^
Line 712: Part IV tax payable from Schedule 3 ^
Line 716: Part IV.1 tax payable from Schedule 43 ^
Line 720: Part VI tax payable from Schedule 38 ^
Line 724: Part VI.1 tax payable from Schedule 43 ^
Line 727: Part XIII.1 tax payable from Schedule 92 ^
Line 728: Part XIV tax payable from Schedule 20 ^
Total federal tax ^
 
Add provincial or territorial tax: 
 
Line 750: Provincial or territorial jurisdiction ^
(if more than one jurisdiction, enter "multiple" and complete Schedule 5) 
 
Line 760: Net provincial or territorial tax payable (except Quebec and 
Alberta) ^
 
Line 765: Provincial tax on large corporations (Nova Scotia Schedule 342) ^
 
Line A and line 770: Total tax payable ^
 
Deduct other credits: 
 
Line 780: Investment tax credit refund from Schedule 31 ^
Line 784: Dividend refund from page 6 ^
Line 788: Federal capital gains refund from Schedule 18 ^
Line 792: Federal qualifying environmental trust tax credit refund ^
Line 796: Canadian film or video production tax credit refund (Form T1131) ^
Line 797: Film or video production services tax credit refund (Form T1177) ^
Line 800: Tax withheld at source ^
 
Line 801: Total payments on which tax has been withheld ^
Line 808: Provincial and territorial capital gains refund from Schedule 18 ^
Line 812: Provincial and territorial refundable tax credits from Schedule 5 ^
Line 840: Tax instalments paid ^
Line B and line 890: Total credits ^
 
Box 894 Refund code ^
Overpayment ^
 
Balance (line A minus line B) ^
 
If the result is negative, you have an overpayment. 
If the result is positive, you have a balance unpaid. 
Enter the amount on whichever line applies. 
 
Generally, we do not charge or refund a difference of $2 or less. 
 
Balance unpaid ^
Line 898: Enclosed payment ^
 
Direct deposit request 
 
To have the corporation's refund deposited directly into the corporation's 
bank account at a financial institution in Canada, or to change banking 
information you already gave us, complete the information below: 
 
Start ^
Change information ^
Line 910: Branch number ^
Line 914: Institution number ^
Line 918: Account number ^
 
Line 896: If the corporation is a Canadian-controlled private corporation 
throughout the tax year, does it qualify for the one-month extension of the 
date the balance of tax is due? 1 Yes or 2 No ^
 
Certification 
 
I, and line 950: Last name in block letters ^
Line 951: First name in block letters ^
Line 954: Position, office, or rank, ^
 
am an authorized signing officer of the corporation. I certify that I have 
examined this return, including accompanying schedules and statements, and 
that the information given on this return is, to the best of my knowledge, 
correct and complete. I also certify that the method of calculating income 
for this tax year is consistent with that of the previous tax year except as 
specifically disclosed in a statement attached to this return. 
 
Line 955: Date (Year/Month/Day) ^
Signature of the authorized signing officer of the corporation ^
Line 956: Telephone number ^
 
Line 957: Is the contact person the same as the authorized signing officer? 1 
Yes or 2 No ^
If no, complete the information below 
 
Line 958: Name in block letters ^
Line 959: Telephone number ^
 
Language of correspondence 
 
Line 990: Indicate your language of correspondence by entering 1 for English 
or 2 for French. ^
 
Privacy Act, Personal Information Bank number CRA PPU 047