,canada ,rev5ue ,ag5cy ,,rc#djgj ,guide = ,canadian ,small ,busi;ses ,pr9t ,pages #c-cc ,brl ,pages ;i-;ix & #a-ahh ,9dex ,brl page ,is ? guide = y8 """""""""""""""""""" #a ,ta# ( 3t5t """"""""""""""""""""""""" #e ,def9i;ns """""""""""""""""""""""""" #aa ,*apt] #a--,g5]al ,9=m,n """"""""""" #bi ,f9d+ 9=m,n on ! ,web """""""""""" #bi ,ab ! ,,cra """""""""""""""""""""" #cj ,*apt] #b--,sett+ up yr busi;s """"" #cc ,sole proprietor%ip """""""""""""" #cd ,h[ does a sole proprietor pay taxes8 """"""""""""""""""""""" #ce ,"pn]%ip """"""""""""""""""""""""" #ch ,h[ does a "pn]%ip pay taxes8 "" #ci ,corpor,n """""""""""""""""""""""" #da ,h[ does a corpor,n pay taxes8 #dc ,>e y responsi# = yr corpor,n's debts8 """""""""""" #dd ,! busi;s numb] """""""""""""""""" #df ,yr f/ /ep 6do+ busi;s )! ,,cra """""""""""""""""""""""" #df ,>e y do+ busi;s 9 ,quebec8 """" #dh ,regi/] = ,,gst/,,hst only """ #di ;i ,9dex ,d y ne$ a ,,bn8 """"""""""""""""" #di ,:y x pays 6plan ah1d """""""""" #ea ,keep+ records """"""""""""""""""" #ec ,five r1sons :y keep+ records c b5efit y """"""""""""""""""" #ec ,legal require;ts = keep+ records """""""""""""""""""""" #ee ,:at records %d y keep8 """""" #ef ,yr records m/ 2 p]man5t """"" #eg ,:at 9=m,n %d yr records 3ta98 """""""""""""""""""""" #eg ,reta9+ & de/roy+ records """""" #eh ,! six-ye> require;t """"""""" #eh ,reque/ = e>ly de/ruc;n """""" #ei ,br++ assets 96a busi;s """""""""" #fj ,fair m>ket value 7,,fmv7 """""" #fj ,buy+ an exi/+ busi;s """""""""" #fb ,*apt] #c--,gds & s]vices tax & h>moniz$ sales tax 7,,gst/,,hst7 #fg ,:at is ! ,,gst/,,hst8 """"""""""" #fg ,%d y regi/] =! ,,gst/,,hst8 """"" #fh ,small suppli] """"""""""""""""" #fi ,e6ective date ( regi/r,n """""" #ga ;ii ,9dex ,volunt>y regi/r,n """"""""""""" #gc ,h[ 6regi/] """""""""""""""""""" #gd ,*apt] #d--,excise taxes1 excise duties & s(twood lumb] products export *>ge """""""""""""""""""""" #ge ,:at >e excise taxes & excise duties8 """""""""""""""""""""""" #ge ,excise taxes """""""""""""""""" #ge ,excise duties """"""""""""""""" #gg ,s(twood lumb] products export *>ge """"""""""""""""""""""""""" #gh ,*apt] #e--,payroll deduc;ns & remitt.es """""""""""""""""""""""" #ha ,yr responsibilities """"""""""" #hb ,d y ne$ 6regi/] =a payroll a3.t8 """""""""""""""""""""""""" #hb ,:at 6deduct f yr employees' remun],n """"""""""""""""""""""" #hc ,canada ,p5.n ,plan/,quebec ,p5.n ,plan """""""""""""""""" #hd ,employ;t ,9sur.e """""""""""""" #he ,9come tax """"""""""""""""""""" #hf ,remitt.es """"""""""""""""""""" #hg ;iii ,9dex ,h[ 6report payroll deduc;ns """"" #hh ,*apt] #f--,9come tax """""""""""""" #ia ,a3.t+ = yr e>n+s """""""""""""""" #ia ,! a3rual me?od """""""""""""""" #ia ,! ca% me?od """"""""""""""""""" #ib ,h[ 6keep sales & exp5se j\rnals """""""""""""""""""""" #ib ,h[ 6record yr busi;s exp5se """ #ic ,fiscal p]iod """""""""""""""""""" #ic ,9come """"""""""""""""""""""""""" #ie ,types ( 9come """"""""""""""""" #if ,:at is busi;s 9come """"""""" #if ,h[ 6a3.t = yr busi;s 9come "" #ig ,bad debts """"""""""""""""""" #ii ,res]ves """""""""""""""""""" #ajj ,vac,n trips & aw>ds """""""" #ajj ,gov]n;t grants & subsidies #aja ,surface r5tals = petroleum or natural gas explor,n """ #ajb ,r5tal 9come """""""""""""""" #ajb ,b>t] transac;ns """""""""""" #ajc ,sell+ a prop]ty """""""""""" #ajd ;iv ,9dex ,9v5tory & co/ ( gds sold """"" #aje ,h[ 6value yr 9v5tory """"""" #aje ,exp5ses """""""""""""""""""""""" #ajf ,:at >e busi;s exp5ses8 """"""" #ajg ,runn+ a busi;s f yr home """"" #ajg ,types ( op]at+ exp5ses """"""" #ajh ,p]sonal or liv+ exp5ses """" #ajh ,prepd exp5ses """""""""""""" #aji ,a3.t+ & legal fees """"""""" #aji ,adv]tis+ exp5ses """"""""""" #aaj ,busi;s tax1 fees1 lic;es1 & dues """""""""""""""""""""" #aaa ,9sur.e exp5ses """"""""""""" #aaa ,9t]e/ & bank *>ges """"""""" #aaa ,ma9t5.e & repairs """""""""" #aab ,m1ls & 5t]ta9;t """""""""""" #aac ,motor vehicle exp5ses """""" #aad ,:at k9d ( vehicle d y [n8 "" #aad ,(fice exp5ses """""""""""""" #aae ,sal>ies1 9clud+ employ]'s 3tribu;ns """"""""""""""""" #aaf ,c y deduct busi;s />t-up co/s8 """"""""""""""""""""" #aaf ;v ,9dex ,*apt] #g--,audits """""""""""""""" #aag ,:at is an audit8 """"""""""""""" #aag ,h[ we select files 6audit """" #aag ,h[ we 3duct audits """"""""""" #aai ,delays 9 ! audit1 & h[ 6avoid !m """""""""""""""""""""""""" #abj ,f9aliz+ an audit """"""""""""" #aba ,"ugr.d economy """"""""""""""""" #abb ,tax ,al]t """""""""""""""""""""" #abc ,protect yrf6 """"""""""""""""" #abc ,*apt] #h--,objec;ns & app1ls """"" #abe ,:at 6d if y 4agree )a tax assess;t """""""""""""""""""""" #abe ,! objec;n process """""""""""" #abe ,tax ,c\rt ( ,canada """""""""" #acj ,9=mal proc$ure """"""""""""" #aca ,g5]al proc$ure """"""""""""" #aca ,f$]al ,c\rt ( ,app1l """"""""" #acb ,supreme ,c\rt ( ,canada """""" #acc ,collec;n ( 4put$ am.ts """"""" #acc ,*apt] #i--,at yr s]vice """""""""" #ace ,electronic s]vices = busi;ses "" #ace ,mak+ onl9e reque/s """"""""""" #acf ;vi ,9dex ,regi/]+ yr busi;s """""""""""" #acg ,fil+ returns """"""""""""""""" #ach ,file yr p]sonal 9come tax return us+ ,,netfile """""" #ach ,file yr corpor,n 9come tax return ov] ! ,9t]net """""" #aci ,m&atory electronic fil+ = ,,gst/,,hst regi/rants """" #adj ,! ,,gst/,,hst ,regi/ry """"""" #ada ,gett+ help """"""""""""""""""" #adb ,bil+ual s]vice """"""""""""""""" #add ,tax s]vices (fices """"""""""""" #add ,tax c5tres """"""""""""""""""""" #ade ,! ,9t]n,nal ,tax ,s]vices ,(fice """""""""""""""""""""""" #adf ,adv.e 9come tax rul+s & 9t]pret,ns """""""""""""""""""" #adf ,reque/ a ,canada ,p5.n ,plan 7,,cpp7/,employ;t ,9sur.e 7;,,ei7 ,rul+ """"""""""""""""" #adg ,,gst/,,hst rul+s & 9t]pret,ns "" #adg ,excise duty rul+s & 9t]pret,ns #adh ;vii ,9dex ,help = taxpay]s )a he>+ or spee* 4ord] """"""""""""""""""" #adi ,sem9>s1 trade %[s1 & "w%ops """" #adi ,employ] visits program """"""""" #aej ,s]vice ,canada """"""""""""""""" #aej ,sci5tific rese>* & exp]i;tal develop;t 7,,sr&,,ed7 9ve/;t tax cr$it """"""""""""""""""""" #aea ,canada ,busi;s ,s]vice ,c5tres #aeb ,9du/ry ,canada """"""""""""""""" #aec ,yr "rs1 5title;ts1 & oblig,ns "" #aec ,:at is ! ,volunt>y ,4closures ,program8 """"""""""""""""""""" #aed ,taxpay] ,relief ,provi.ns """""" #aed ,\r s]vice -pla9t process """"""" #aef ,taxpay]s' ,ombudsman """"""""""" #aeg ,summ>y ( important dates = busi;ses """""""""""""""""""""""" #afa ,frequ5tly us$ ,web sites = small busi;ses """""""""""""""""""""""" #afe ,relat$ ,=ms & ,public,ns """"""""" #agc ,guides """"""""""""""""""""""""" #agc ,pamphlets1 ,bro*ures & ,slips "" #agd ;viii ,9dex ,=ms """""""""""""""""""""""""""" #agf ,9t]pret,n ,bullet9s """""""""""" #agi ,9=m,n ,circul>s """""""""""""""" #ahj ,excise ,duty ,memor&a """""""""" #ahj ,excise ,tax & ,special ,levies ,memor&a """""""""""""""""""""" #aha ,excise ,taxes & ,special ,levies ,notices """""""""""""" #aha ,= m 9=m,n """""""""""""""""""""""" #ahc ,:at if y ne$ help8 """"""""""""" #ahc ,=ms & public,ns """""""""""""""" #ahc ,electronic mail+ li/s """""""""" #ahc ,my ,a3.t """"""""""""""""""""""" #ahc ,my ,busi;s ,a3.t """"""""""""""" #ahd ,repres5t a ,cli5t """""""""""""" #ahe ,electronic pay;ts """""""""""""" #ahe ,tax ,9=m,n ,ph"o ,s]vice 7,,tips7 """""""""""""""""""""" #ahf ,teletypewrit] 7,,tty7 us]s """"" #ahf ,yr op9ion c.ts """"""""""""""""" #ahf ,electronic s]vices """"""""""""""" #ahg ;ix ,transcrib]'s note3 7,front cov]7 ,canada ,rev5ue ,ag5cy ,guide = ,canadian ,small ,busi;ses ,,rc#djgj7,e7 ,rev4 #aa _+www.cra.gc.ca_: ,transcrib]'s note3 7,9side front cov]7 ,is ? guide = y8 ,>e y />t+ a new small busi;s 9 ,canada8 ,>e y op]at+ "o alr8 ,!n ? guide is = y4 ,x w 9troduce y 6! ,canada ,rev5ue ,ag5cy 7,,cra7 programs & onl9e s]vices y ne$ 6"k ab1 & give an ov]view ( yr oblig,ns & 5title;ts "u ! laws t we adm9i/]4 ,_m activities (a small busi;s >e subject 6di6]5t =ms ( tax,n4 ,? #a ,is ? guide = y8 guide w help y ) ea* ( ^!1 & w expla9 h[ 6plan = taxes1 keep records1 & make & report pay;ts4 ,x w al expla9 ! di6]5t k9ds ( busi;s /ructures1 gds & s]vices tax/h>moniz$ sales tax 7,,gst/,,hst71 excise taxes & excise duties &! s(twood lumb] products export *>ge1 payroll deduc;ns1 9come tax report+ & pay;t1 h[ 6prep>e =& h&le an audit1 objec;ns & app1ls & electronic s]vices4 ,taxes c "s"ts 2 -plex4 ,9 s* cases1 we w ref] y 6m detail$ public,ns--all free ( *>ge & availa# at _+www.cra.gc.ca/forms_:4 ,if y >e n famili> ) "s (! t]ms us$ 9 ? guide1 ref] 6! 8,def9i;ns10 on page #d4 ,! su3ess ( small busi;ses is an ess5tial "p ( ,canada's economic gr[?4 ,at ! ,,cra1 \r goal is 6provide all ! support we c4 ,we "w closely ) small busi;ses 6improve s]vices1 reduce pap]"w #b ,is ? guide = y8 burd5 &! co/ & "t ( -pli.e1 & ma9ta9 3fid;e 9 ,canada's tax sy/em4 ,if y h a visual impair;t1 y c get \r public,ns 9 brl1 l>ge pr9t1 etext 7;,,cd71 or ,,mp#c4 ,= m 9=m,n1 g 6_+www.cra.gc.ca/alternate_: or call #a-hjj-iei-bbba4 #c #d ,ta# ( 3t5t #c ,page ,def9i;ns """"""""""""""""""""""""""" #d ,*apt] #a--,g5]al ,9=m,n """""""""""" #g ,*apt] #b--,sett+ up yr busi;s """""" #g ,sole proprietor%ip """"""""""""""" #g ,"pn]%ip """""""""""""""""""""""""" #h ,corpor,n """"""""""""""""""""""""" #i ,! busi;s numb] """""""""""""""""" #aj ,keep+ records """"""""""""""""""" #aa ,br++ assets 96a busi;s """""""""" #ab ,*apt] #c--,gds & s]vices tax & h>moniz$ sales tax 7,,gst/,,hst7 #ac ,:at is ! ,,gst/,,hst8 """"""""""" #ac ,%d y regi/] =! ,,gst/,,hst8 """"" #ac ,small suppli] """"""""""""""""" #ac ,e6ective date ( regi/r,n """""" #ad ,volunt>y regi/r,n """"""""""""" #ad ,h[ 6regi/] """""""""""""""""""" #ad #e ,ta# ( 3t5ts a#c ,*apt] #d--,excise taxes1 excise duties & s(twood lumb] products export *>ge """""""""""""""""""""" #ad ,:at >e excise taxes & excise duties8 """""""""""""""""""""""" #ad ,excise taxes """""""""""""""""" #ad ,excise duties """"""""""""""""" #ae ,s(twood lumb] products export *>ge """"""""""""""""""""""""""" #ae ,*apt] #e--,payroll deduc;ns & remitt.es """""""""""""""""""""""" #ae ,d y ne$ 6regi/] =a payroll a3.t8 """""""""""""""""""""""""" #af ,:at 6deduct f yr employees' remun],n """"""""""""""""""""""" #af ,h[ 6report payroll deduc;ns """"" #ag ,*apt] #f--,9come tax """""""""""""" #ag ,a3.t+ = yr e>n+s """""""""""""""" #ag ,fiscal p]iod """""""""""""""""""" #ag ,9come """"""""""""""""""""""""""" #ah ,exp5ses """"""""""""""""""""""""" #ai ,*apt] #g--,audits """"""""""""""""" #ba ,:at is an audit8 """""""""""""""" #ba #f ,ta# ( 3t5ts b#c ,"ugr.d economy """""""""""""""""" #bb ,tax ,al]t """"""""""""""""""""""" #bb ,*apt] #h--,objec;ns & app1ls """""" #bb ,:at 6d if y 4agree )a tax assess;t """"""""""""""""""""""" #bb ,*apt] #i--,at yr s]vice """"""""""" #bd ,electronic s]vices = busi;ses """ #bd ,bil+ual s]vice """""""""""""""""" #be ,tax s]vices (fices """""""""""""" #be ,tax c5tres """""""""""""""""""""" #bf ,! ,9t]n,nal ,tax ,s]vices ,(fice """"""""""""""""""""""""" #bf ,adv.e 9come tax rul+s & 9t]pret,ns """"""""""""""""""""" #bf ,reque/ a ,canada ,p5.n ,plan 7,,cpp7/,employ;t ,9sur.e 7;,,ei7 ,rul+ """""""""""""""""" #bf ,,gst/,,hst rul+s & 9t]pret,ns """ #bf ,excise duty rul+s & 9t]pret,ns "" #bf ,help = taxpay]s )a he>+ or spee* 4ord] """""""""""""""""""" #bf ,sem9>s1 trade %[s1 & "w%ops """"" #bf ,employ] visits program """""""""" #bf #g ,ta# ( 3t5ts c#c ,s]vice ,canada """""""""""""""""" #bf ,sci5tific rese>* & exp]i;tal develop;t 7,,sr&,,ed7 9ve/;t tax cr$it """""""""""""""""""""" #bg ,canada ,busi;s ,s]vice ,c5tres "" #bg ,9du/ry ,canada """""""""""""""""" #bg ,yr "rs1 5title;ts1 & oblig,ns """ #bg ,:at is ! ,volunt>y ,4closures ,program8 """""""""""""""""""""" #bg ,taxpay] ,relief ,provi.ns """"""" #bg ,\r s]vice -pla9t process """""""" #bg ,taxpay]s' ,ombudsman """""""""""" #bh ,summ>y ( important dates = busi;ses """"""""""""""""""""""""" #bi ,frequ5tly us$ ,web sites = small busi;ses """"""""""""""""""""""""" #cj ,relat$ ,=ms & ,public,ns """""""""" #ca ,= m 9=m,n """"""""""""""""""""""""" #cc ,:at if y ne$ help8 """""""""""""" #cc ,=ms & public,ns """"""""""""""""" #cc ,electronic mail+ li/s """"""""""" #cc ,my ,a3.t """""""""""""""""""""""" #cc ,my ,busi;s ,a3.t """""""""""""""" #cc #h ,ta# ( 3t5ts d#c ,repres5t a ,cli5t """"""""""""""" #cc ,electronic pay;ts """"""""""""""" #cc ,tax ,9=m,n ,ph"o ,s]vice 7,,tips7 """"""""""""""""""""""" #cc ,teletypewrit] 7,,tty7 us]s """""" #cc ,yr op9ion c.ts """""""""""""""""" #cc #i #aj ,def9i;ns #d ,t]ms t appe> 9 capital lrs h _! [n li/+ else": 9 ^! def9i;ns4 ,app1l--a process 0: y ask a ,c\rt 6review ! deci.n ! ,app1ls ,divi.n made on 2half (! ,m9i/] ( ,n,nal ,rev5ue4 ,>ticles ( 9corpor,n--a legal docu;t fil$ )a prov9cial or t]ritorial gov]n;t1 or ! f$]al gov]n;t1 : sets \ a corpor,n's purpose & regul,ns4 ,assess;t--a =mal det]m9,n ( taxes1 duties1 or o!r am.ts 6be pd or refund$4 ,an assess;t 9cludes a reassess;t4 ,see notice ( assess;t4 ,assets--any prop]ty [n$ 0a p]son or busi;s4 ,assets 9clude m"oy1 l&1 build+s1 9ve/;ts1 9v5tory1 c>s1 trucks1 boats1 or o!r valua#s t 2l;g 6a p]son or busi;s4 ,!y al may 9clude 9tangi#s s* z gdwill4 ,bad debt--m"oy [$ 6y t y _c collect4 ,bal.e--! am.t rema9+ 9 an a3.t af record+ all deposits & )drawals4 #aa ,def9i;ns a#d ,budget--a plan \tl9+ an organiz,n's f9ancial & op],nal goals4 ,busi;s exp5ses--c]ta9 co/s t >e r1sona# =a "picul> type ( busi;s & t >e 9curr$ =! purpose ( e>n+ 9come4 ,busi;s exp5ses c 2 deduct$ = tax purposes4 ,p]sonal1 liv+1 or o!r exp5ses n relat$ 6! busi;s _c 2 deduct$ = tax purposes4 ,busi;s numb] 7,,bn7--is a numb]+ sy/em t simplifies & /r1ml9es ! way busi;ses d1l )! f$]al gov]n;t4 ,ea* busi;s %d h only "o ,,bn numb]4 ,cal5d> ye>--m1ns a ye> t 2g9s on ,janu>y #a & 5ds on ,decemb] #ca4 ,canada ,p5.n ,plan 7,,cpp7--an 9sur.e program 6help ,canadians provide 9come = _! retire;t4 ,x al gives !m 9come if !y 2come 4a#d4 ,3tribu;ns >e directly relat$ 6annual e>n+s4 ,capital co/ all[.e 7,,cca7--a ye>ly deduc;n or depreci,n on ! co/ ( c]ta9 assets4 ,y c claim ,,cca = tax purposes on ! assets (a busi;s s* z build+s or equip;t1 z well z on a4i;ns or #ab ,def9i;ns b#d improve;ts1 if ^! assets >e expect$ 6la/ = "s ye>s4 ,capital ga9s--! am.t 0: proce$s ( 4posi;n less \tlays & exp5ses exce$ ! adju/$ co/ base ( capital prop]ty4 ,capital loss--! am.t 0: ! adju/$ co/ base & \tlays & exp5ses ( capital prop]ty exce$s proce$s ( 4posi;n4 ,capital prop]ty--g5],y1 any prop]ty ( value1 9clud+ deprecia# prop]ty4 ,-mon types ( capital prop]ty 9clude pr9cipal resid;es1 cottages1 /ocks1 bonds1 l&1 build+s1 & equip;t us$ 9 a busi;s or r5tal op],n4 ,-m]cial activ;y--m1ns any busi;s or adv5ture or 3c]n 9 ! nature ( trade c>ri$ on 0c]ta9 p]sons1 b .does .n .9clude3 --! mak+ ( exempt supplies2 or --any busi;s or adv5ture or 3c]n 9 ! nature ( trade c>ri$ on )\t a r1sona# expect,n ( pr(it 0an 9dividual1 a p]sonal tru/1 or a #ac ,def9i;ns c#d "pn]%ip ": all ! memb]s >e 9dividuals4 ,h["e1 -m]cial activ;y 9cludes a supply ( r1l prop]ty1 o!r ?an an exempt supply1 0any p]son1 :e!r or n "! is a r1sona# expect,n ( pr(it1 & any?+ d"o 9 ! c\rse ( mak+ ! supply or 9 3nec;n )! mak+ (! supply4 ,3fid5tial;y--! ,,cra w protect 9come tax1 ,,gst/,,hst1 excise duty1 tax1 & o!r relat$ tax & duty 9=m,n4 ,! only p ) a3ess 6? 9=m,n >e ^? :o >e au?oriz$ 0law or ^? 6:om ! taxpay]1 regi/rant or lic5see has au?oriz$ onl9e "? ,my ,busi;s ,a3.t or ,my ,a3.t2 or provid$ writt5 au?oriz,n1 0-plet+ ,=m ,,rc#ei1 ,busi;s ,3s5t ,=m or ,=m ,t#ajac1 ,au?oriz+ or ,c.ell+ a ,repres5tative4 ,corpor,n--a =m ( busi;s au?oriz$ 0f$]al1 prov9cial1 or t]ritorial law 6act z a sep>ate legal 5t;y4 ,xs purpose & regul,ns >e set \ 9 xs >ticles ( 9corpor,n4 ,"o or m p]sons may [n a corpor,n4 #ad ,def9i;ns d#d ,co/ ( gds sold--! actual co/ (! items sold 9 ! normal c\rse ( busi;s dur+ a specific p]iod4 ,debt--an am.t t is [$4 ,if y borr[ m"oy or pur*ase "s?+ on cr$it1 y h cr1t$ a debt4 ,deem$--a legal t]m us$ :5 "s?+ is 3sid]$ 6be "s?+ else = c]ta9 purposes4 ,deprecia# prop]ty--? is prop]ty on : y c claim ,,cca4 ,x is usu,y capital prop]ty us$ 6e>n 9come f a busi;s or prop]ty4 ,! capital co/ c 2 writt5 (f z ,,cca ov] a numb] ( ye>s4 ,see capital co/ all[.e4 ,4posi;n--g5],y m1ns ! 4posal ( prop]ty 0sale1 gift1 transf]1 or *ange 9 use4 ,duty--g5],y m1ns ! duty impos$ "u ! ,excise ,act1 #bjja1 ! ,excise ,act1 &! duty levi$ "u c]ta9 sec;ns (! ,cu/oms ,t>iff &1 ) "s excep;ns1 9cludes special duty4 ,elec;n--a =mal *oice am;g specific op;ns on h[ tax laws >e appli$ 6a #ae ,def9i;ns e#d taxpay]'s f9ancial a6airs4 ,usu,y1 y make an elec;n on yr tax return4 ,employ;t ,9sur.e 7;,,ei7--a f$]al program t provides f9ancial assi/.e 6p :o >e tempor>ily \ ( "w4 ,x is an 9sur.e program1 ) employ]s & employees mak+ pay;ts 96! ,employ;t ,9sur.e ,fund4 ,employ;t ,9sur.e premiums--deduc;ns t an employ] m/ make f employees' pay*eques & s5d 6! ,rcvr ,g5]al = ,canada4 ,employ]s m/ al 3tribute employ;t 9sur.e pay;ts4 --------------------------------------#e ,excise--taxes & duties on ! manufacture1 sale1 or use ( gds & items4 ,fair m>ket value 7,,fmv7--g5],y m1ns ! hi value t y c get = yr prop]ty 9 an op5 & unre/rict$ m>ket 2t an 9=m$ & will+ buy] & an 9=m$ & will+ sell] :o >e d1l+ at >m's l5g? ) ea* o!r4 ,fiscal p]iod--is ! twelve-mon? p]iod ov] : a busi;s or profes.n reports xs 9come-e>n+ activities4 ,! fiscal p]iod may or may n co9cide )! cal5d> #af ,def9i;ns a#e ye>4 ,! busi;s usu,y e/abli%es xs fiscal p]iod :5 x files xs f/ 9come tax return4 ,see tax ye>4 ,gdwill--! excess (! pur*ase price (a busi;s ov] ! fair m>ket value (! net assets (! busi;s4 ,9come--! sum ( rev5ues e>n$ 9 a specific p]iod ( "t4 ,x 9cludes rev5ues f sal>ies1 wages1 b5efits1 tips1 & -mis.ns1 pr(its f op]at+ a busi;s or profes.n1 & 9ve/;ts e>n$4 ,9come /ate;t--a f9ancial /ate;t t summ>izes ! results ( busi;s activities 79come & exp5ses7 =a giv5 p]iod ( "t4 ,"s"ts call$ a pr(it & loss /ate;t4 ,9=m,n slips-->e =ms t employ]s1 tru/s1 & busi;ses use 6tell taxpay]s &! ,,cra h[ m* 9come 0 e>n$1 & h[ m* tax 0 deduct$4 ,9put tax cr$it 7,,itc7--m1ns a cr$it ,,gst/,,hst regi/rants c claim 6recov] ! ,,gst/,,hst pd or paya# = prop]ty or s]vices !y acquir$1 import$ 96,canada1 or br"\ 96a "picipat+ prov9ce = #ag ,def9i;ns b#e use1 3sump;n1 or supply 9 ! c\rse ( _! -m]cial activities4 ,9/al;ts-->e p]iodic pay;ts ( 9come tax t 9dividuals >e requir$ 6pay 6! ,,cra 6cov] tax !y wd o!rwise h 6pay on ,april #cj4 ,= ,,gst/,,hst purposes1 9/al;ts >e p]iodic pay;ts t may al 2 paya# 0p]sons :o file annual returns4 ,9v5tory--g5],y ref]s 6! total value (! gds on h& t a busi;s 9t5ds 6sell1 uses = manufacture1 or uses 6r5d] a s]vice4 ,9 c]ta9 cases1 9v5tory c al 9clude s]vices4 ,l1se--a 3tract "u : a prop]ty is r5t$ f "o p]son or busi;s 6ano!r =a fix$ p]iod ( "t at a specifi$ rate4 ,liabil;y--debt [$ 0a p]son or busi;s4 ,lic5see--a p]son :o holds a lic;e issu$ "u ! ,excise ,act1 #bjja1 ! ,excise ,tax ,act or ! ,excise ,act4 ,loss--! am.t 0: exp5ses exce$ rev5ues4 ,motor vehicle--an automotive vehicle design$ or adapt$ = use on hie4 ,x al 9=ms taxpay]s or regi/rants if !y [e m tax or :at ! am.t ( _! refund w be4 ,objec;n--a /ate;t ( facts & r1sons detail+ :y a taxpay]1 regi/rant1 lic5see or o!r p]son 4agrees ) an assess;t4 ,op]at+ exp5ses--! r\t9e co/s ( runn+ a busi;s4 ,!y 9clude exp5ses = gasol9e1 electric;y1 & (fice supplies4 ,!y d n 9clude ! co/ ( build+s or ma*9]y t >e expect$ 6la/ = s"eal ye>s4 ,see capital co/ all[.e4 #ai ,def9i;ns d#e ,"picipat+ prov9ces--m1ns ! prov9ces ( ,ont>io1 ,briti% ,columbia1 ,nova ,scotia1 ,new ,brunswick1 & ,newf.dl& & ,labrador4 ,pass5g] vehicle--a motor vehicle design$ or adapt$ prim>ily 6c>ry p on his1 /,n wagons1 vans1 & "s pick-up trucks >e pass5g] vehicles4 ,!y >e subject 6! limits = ,,cca1 9t]e/1 & l1s+4 ,a pass5g] vehicle does .n 9clude3 --an ambul.e2 --cle>ly m>k$ police & fire em]g5cy- response vehicles2 --a motor vehicle y b"\ 6use m ?an #ej@3p z a taxi1 a bus us$ 9 ! busi;s ( transport+ pass5g]s1 or a he>se 9 a fun]al busi;s2 --a motor vehicle y b"\ 6sell1 r5t1 or l1se 9 a motor vehicle sales1 r5tal1 or l1s+ busi;s2 #bj ,def9i;ns e#e --a motor vehicle 7except a he>se7 y b"\ 6use 9 a fun]al busi;s 6transport pass5g]s2 --a van1 pick-up truck1 or simil> vehicle t s1ts no m ?an ! driv] & two pass5g]s :1 9 ! tax ye> y b"\ or l1s$1 0 us$ m ?an #ej@3p 6transport gds & equip;t 6e>n 9come2 --a van1 pick-up truck1 or simil> vehicle t1 9 ! tax ye> y b"\ or l1s$1 0 us$ #ij@3p or m 6transport gds1 equip;t1 or pass5g]s 6e>n 9come2 --a pick-up truck t1 9 ! tax ye> y b"\ or l1s$1 0 us$ m ?an #ej@3p 6transport gds1 equip;t1 or pass5g]s :ile e>n+ or produc+ 9come at a remote "w loc,n or at a special "w site t is at l1/ #cj kilometres f ! ne>e/ -mun;y hav+ a popul,n ( at l1/ #dj1jjj p]sons2 & --a cle>ly m>k$ ,em]g5cy ,m$ical ,s]vice vehicle us$ 6c>ry #ba ,def9i;ns f#e p>am$ics & _! em]g5cy m$ical equip;t4 --------------------------------------#f ,payroll deduc;ns-->e 9come tax deduc;ns1 canada p5.n plan 7,,cpp7 or quebec p5.n plan 7,,qpp7 3tribu;ns1 & employ;t 9sur.e 7;,,ei7 premiums : >e deduct$ f an employee's wages or sal>y & s5t regul>ly 6u4 ,employ]s al make _! [n 3tribu;ns 6! ,,cpp or ,,qpp1 & ;,,ei4 ,p5alties--am.ts taxpay]s1 regi/rants1 or lic5sees m/ pay if !y fail 6file returns or remit or pay am.ts [+ on "t1 or if !y try 6evade pay+ or remitt+ tax 0n fil+ returns4 ,p5alties m/ al 2 pd 0p :o "k+ly1 or "u circum/.es am.t+ 6gross neglig;e1 "picipate 9 or make false /ate;ts or omis.ns 9 _! returns1 & 0^? :o d n provide ! 9=m,n requir$ on a prescrib$ =m4 ,prepd exp5se--an exp5se y pay = 9 adv.e2 an exp5se y 9cur = gds & s]vices y w rcv 9 a lat] fiscal p]iod2 am.ts y pay 9 9t]e/1 9come taxes1 #bb ,def9i;ns a#f municipal taxes1 r5t1 dues1 or 9sur.e = lat] fiscal p]iods4 ,^! am.ts >e 9clud$ z assets on ! bal.e %eet at ! 5d (a fiscal p]iod4 ,proce$s ( 4posi;n--g5],y m1ns ! sell+ price ( prop]ty :5 x is 4pos$ (4 ,proce$s ( 4posi;n al 9clude -p5s,n rcvd = prop]ty t has be5 de/roy$1 expropriat$1 /ol51 or damag$4 ,x is al ! fair m>ket value ( prop]ty :5 x is transf]r$ 6ano!r p]son1 or :5 "! is a *ange 9 xs use4 ,quebec ,p5.n ,plan 7,,qpp7--a p5.n plan equival5t 6! canada p5.n plan 7,,cpp7 b (f]$ 9 ! prov9ce ( ,quebec4 ,! prov9cial gov]n;t h&les ! 3tribu;ns4 ,rates ( tax--p]c5tages ( 9come t m/ 2 pd z tax4 ,! ,de"p;t ( ,f9.e sets ! basic 9come tax rates1 : v>y progressively )! am.t ( taxa# 9come4 ,records-->e docu;ts s* z a3.t books1 sales & pur*ase 9voices1 3tracts1 bank /ate;ts1 & c.ell$ *eques4 ,y m/ keep records 9 an ord]ly mann] at yr #bc ,def9i;ns b#f busi;s or resid;e 9 ,canada = at l1/ six ye>s f ! 5d (! la/ tax ye> 6: ! records relate4 ,y m/ make ^! books & o!r docu;ts availa# 6\r (fic]s :5 reque/$4 ,refund--! ov]pay;t ( 9come tax or ,,gst/,,hst return$ 6a taxpay] af we assess ! return4 ,regional ,excise ,duty ,(fice--is an (fice t s]ves z ! ,,cra's liaison ) regi/rants1 lic5sees1 &! g5]al public on all matt]s relat+ 6! excise duty program4 ,remitt.e--a pay;t ( ,,cpp or ,,qpp1 ;,,ei1 9come tax1 or ,,gst/,,hst t is pd 6u "? a f9ancial 9/itu;n1 or t a busi;s or 9dividual s5ds directly 6u4 ,x al 9cludes ! employ]'s %>e ( ,,cpp 3tribu;ns & ;,,ei premiums4 ,res]ves--funds set aside 6cov] future exp5ses1 losses1 or claims4 ,sal>y--! am.t an employ] pays an employee = "w d"o4 ,ea* employ] records ? type ( employ;t 9come on ,t#d slips4 #bd ,def9i;ns c#f ,%>ehold]--is a p]son 79dividual or corpor,n7 :o [ns %>es (a corpor,n4 ,social 9sur.e numb] 7,,sin7--a numb] giv5 6ea* 3tributor 6! canada p5.n plan1 quebec p5.n plan1 & employ;t 9sur.e4 ,x helps record ! 3tribu;ns & premiums pd 96&! b5efits pd \ (! plans4 ,s9ce ^! social 9sur.e programs >e 3nect$ 6! tax sy/em1 ! ,,sin is al us$ z an id5tifi] = f$]al 9come tax purposes4 ,"ey"o :o files an 9come tax & b5efit return m/ provide a ,,sin4 ,sole proprietor%ip--an un9corporat$ busi;s 5tirely [n$ 0an 9dividual4 ,sp\se--= purposes (! ,9come ,tax ,act1 ! t]m .sp\se only m1ns a m>ri$ "pn]4 ,! t]m .-mon-law ."pn] 9cludes "pn]s (! same sex or opposite sex1 :o meet c]ta9 3di;ns4 ,= m 9=m,n1 see ! ,g5]al ,9come ,tax & ,b5efit ,guide4 ,supply--m1ns ! provi.n ( prop]ty or a s]vice 9 any way1 9clud+ sale1 transf]1 b>t]1 ex*ange1 lic;e1 r5tal1 l1se1 gift1 or o!r 4posi;n4 #be ,def9i;ns d#f ,tax c5tres--(fices 9 di6]5t regions ( ,canada ": we process tax returns4 ,tax ,c\rt ( ,canada--a c\rt t he>s app1ls ab 9come tax & ,,gst/,,hst assess;ts4 ,9 a4i;n1 ! ,c\rt has jurisdic;n 6he> app1ls "u ! ,canada ,p5.n ,plan1 ,employ;t ,9sur.e ,act1 & s"eal o!r acts4 ,! ,tax ,c\rt ma9ta9s f\r (fices 7,vanc\v]1 ,ottawa1 ,toronto1 & ,montr@eal7 & regul>ly 3ducts he>+s 9 major c5tres acr ,canada4 ,tax paya#--! am.t ( 9come tax t y m/ pay on taxa# 9come =! tax ye>4 ,x is al ! am.t ( tax paya# on a taxa# supply 7= ,,gst/,,hst purposes74 ,tax s]vices (fices 7,,tso7--(fices acr ! c.try t provide a po9t ( 3tact =! public4 ,g 6_+www.cra.gc.ca/tso_: =! a4ress & s]vices availa# at yr ,,tso4 ,taxa# b5efits--am.ts ( m"oy1 or ! value ( gds or s]vices1 t an employ] pays or provides 9 a4i;n 6sal>y4 ,= example1 ! 3tribu;n 0an employ] 6a prov9cial or t]ritorial h1l? #bf ,def9i;ns e#f 9sur.e plan = an employee is a taxa# b5efit4 ,taxa# supplies-->e supplies ( gds & s]vices t >e made 9 ! c\rse (a -m]cial activ;y & >e subject 6! ,,gst/,,hst 79clud+ z]o rat$ supplies74 ,taxa# 9come--! am.t ( 9come left af all all[a# deduc;ns h be5 subtract$ f net 9come4 ,? am.t is us$ 6calculate ! tax paya#4 ,tax ye>--! cal5d> ye> or fiscal p]iod = : 9come tax is 6be pd4 ,toba3o products--ref]s 6manufactur$ toba3o1 packag$ raw l1f1 or cig>s4 ,"w]s' -p5s,n--m"oy pd 6-p5sate a p]son 9jur$ on ! job4 ,x is an 9sur.e plan pd = 0employ]s & adm9i/]$ 0! ,"w]s' ,-p5s,n ,bo>d4 #bg #bh ,*apt] #a--,g5]al ,9=m,n #g ,f9d+ 9=m,n on ! ,web ,y c f9d busi;s-relat$ 9=m,n onl9e1 & se>* 0topics4 ,g 6_+www.cra.gc.ca/business_:4 ,y c get copies (! guides & =ms m5;n$ 9 ? public,n 0go+ 6_+www.cra.gc.ca/forms_: or 0call+ #a-hjj-iei-bbba4 ,= m 9=m,n1 a li/ ( frequ5tly us$ ,web sites = small busi;ses is 9clud$ on page #cj4 ,if af r1d+ ? guide or se>*+ \r ,web site at _+www.cra.gc.ca_:1 y ne$ m 9=m,n ab busi;ses or profes.nal activities1 call #a-hjj-iei-eebe4 ,= m g5]al 9=m,n on />t+ a busi;s1 see ,canada ,busi;s 7,s]vices = ,5trepr5eurs7 at _+www.canadabusiness.ca_: ": y w f9d 9=m,n f ! f$]al1 prov9cial1 & t]ritorial gov]n;ts1 z well z _m o!r s\rces4 #bi ,ab ! ,,cra a#g ,! ,,cra is ! f$]al gov]n;t ag5cy responsi# = adm9i/]+ tax laws =! ,gov]n;t ( ,canada &= mo/ prov9ces & t]ritories1 & deliv]+ v>i\s social & economic b5efit & 9c5tive programs "? ! tax sy/em4 ,x collects f$]al1 prov9cial1 & t]ritorial 9dividual 9come taxes 7except 9 ,quebec74 ,x adm9i/]s & collects ! ,,gst/,,hst 7except 9 ,quebec71 ! ,air ,travell]s ,secur;y ,*>ge1 ! ,s(twood ,lumb] ,products ,export ,*>ge1 ,canada ,p5.n ,plan 7,,cpp7 3tribu;ns1 ,employ;t ,9sur.e premiums 7;,,ei71 excise duties on alcohol & toba3o products1 excise taxes on gasol9e & fuel-9e6ici5t vehicles1 &a tax on 9sur.e premiums 7o!r ?an m>9e74 ,x adm9i/]s f$]al1 prov9cial1 & t]ritorial corporate 9come taxes = all prov9ces & t]ritories except ,alb]ta & ,quebec4 #cj ,*apt] #a b#g ,! ,,cra al adm9i/]s ,canada's 9t]n,nal tax agree;ts ) o!r c.tries4 ,we "!=e h a key role 9 help+ ,canadian busi;s & 9du/ry -pete 9 _w m>kets 05sur+ !y h a fair 5viron;t 9 : 6trade4 ,x is -mitt$ 6help+ small busi;ses 9 ,canada4 ,x recognizes t1 z 5trepr5eurs1 y >e v busy mak+ yr busi;s pr(ita#4 ,y may n alw h ! "t1 exp]tise1 or 9cl9,n 6d x all yrf4 ,9 "s circum/.es1 y probably 3sult ) profes.nals1 s* z lawy]s1 a3.tants1 or cu/oms brok]s1 6help y ) yr busi;s4 ,:ile ^! 9dividuals >e profes.nals & w help y1 y >e ! "o :o is ultimately responsi# =! ac;ns ( yr busi;s4 ,y ne$ 6/ay 9=m$ s t y c "w 9 "pn]%ip )! profes.nals y hire &)! ,,cra4 ,yr responsibilities >e f.d 9 ! foll[+ laws 7( ,canada73 --,9come ,tax ,act 7,canada72 --,9come ,tax ,act 7prov9cial & t]ritorial72 --,excise ,tax ,act2 --,excise ,act2 #ca ,*apt] #a c#g --,excise ,act1 #bjja2 --,air ,travell]s ,secur;y ,*>ge ,act2 & --,s(twood ,lumb] ,products ,export ,*>ge ,act1 #bjjf4 ,! ,,cra's func;n is 6adm9i/] ! law2 x is ! ,de"p;t ( ,f9.e ,canada t plans ! ,gov]n;t ( ,canada's fiscal & tax policy4 ,:5 ! ,m9i/] ( ,f9.e 9troduces a .budget1 x 9cludes propos$ am5d;ts 6exi/+ legisl,n4 ,! ,de"p;t ( ,f9.e ,canada !n issues budget docu;ts 6expla9 ! r1sons 2h ! *anges 6! legisl,n4 ,! am5d;ts propos$ 9 ! ,budget ,bill m/ 2 debat$ & approv$ 0! ,h\se ( ,-mons & 3sid]$ 0! ,s5ate4 ,! ,bill 2comes law :5 ,royal ,ass5t is giv5 0! ,gov]nor ,g5]al4 #cb ,*apt] #b--,sett+ up yr d#g busi;s ,= 9come tax purposes1 a busi;s is an activ;y t y 9t5d 6c>ry on = pr(it & "! is evid;e 6support t 9t5;n4 ,a busi;s 9cludes3 --a profes.n2 --a call+2 --a trade2 --a manufacture2 --an "utak+ ( any k9d2 & --an adv5ture or 3c]n 9 ! nature ( trade 7= m 9=m,n1 see ,9t]pret,n ,bullet9 ,,it-#dei1 ,adv5ture or ,3c]n 9 ! ,nature ( ,trade74 ,! ?ree .mo/ .-mon types ( busi;s /ructures >e3 .sole .proprietor%ip1 ."pn]%ip1 & .corpor,n4 ,! type ( /ructure y *oose has a significant e6ect on ! way y report yr .9come1 ! type ( returns y file ea* ye>1 & _m o!r matt]s4 #cc ,sole proprietor%ip e#g ,a sole proprietor%ip is an un9corporat$ busi;s t is [n$ 0"o p]son4 ,x is ! simple/ k9d ( busi;s /ructure4 ,! [n] (a sole proprietor%ip has sole responsibil;y = mak+ deci.ns1 rcvs all ! pr(its1 claims all .losses1 & does n h sep>ate legal /atus f ! busi;s4 --------------------------------------#h ,if y >e a sole proprietor1 y pay p]sonal 9come tax on all rev5ue g5]at$ 0yr busi;s4 ,y al assume all ! risks (! busi;s4 ,! risks ext5d ev5 6yr p]sonal prop]ty & .assets4 ,z a sole proprietor1 y may 2 requir$ 6regi/] =& collect ,,gst/,,hst if y provide .taxa# .supplies 9 ,canada1 & y >e n a small suppli]4 ,= m 9=m,n1 r1d 8,*apt] #c--,gds & s]vices tax & h>moniz$ sales tax 7,,gst/,,hst710 on page #ac1 or see ,guide ,,rc#djbb1 ,g5]al ,9=m,n = ,,gst/,,hst ,regi/rants4 ,y may *oose 6regi/] a busi;s "n &/or op]ate "u yr [n "n4 #cd ,h[ does a sole proprietor a#h pay taxes8 ,a sole proprietor pays taxes 0report+ 9come 7or loss7 on a p]sonal 9come tax & b5efit return4 ,! 9come 7or loss7 =ms "p (! sole proprietor's ov]all 9come =! ye>4 ,if y >e a sole proprietor1 y m/ file a p]sonal 9come tax & b5efit return if y3 --h 6pay tax =! ye>2 --4pos$ (a .capital .prop]ty or _h a taxa# capital ga9 9 ! ye>2 -->e requir$ 6make .,canada .,p5.n .,plan/,quebec ,p5.n ,plan 7,,cpp/,,qpp7 pay;ts on self- employ$ e>n+s or p5.na# e>n+s =! ye>2 --wi% 6a3ess .,employ;t .,9sur.e 7;,,ei7 special b5efits = self- employ$ p]sons4 ,= m 9=m,n1 see #ce ,*apt] #b b#h ,guide ,t#djjb1 ,busi;s & ,profes.nal ,9come2 or --rcvd a dem& f u 6file a return4 ,if y >e claim+ an 9come tax .refund1 a refunda# tax cr$it1 a ,,gst/,,hst cr$it1 or ! ,canada * tax b5efit1 y al ne$ 6file a return4 ,y may al 2 5titl$ 6rcv prov9cial tax cr$its4 ,! li/ abv does n 9clude e situ,n ": y may 2 requir$ 6file4 ,if y >e n sure :e!r y h 6file1 call #a-hjj-iei-eebe4 ,note ,z a sole proprietor1 y may h 6pay yr 9come tax 0.9/al;ts4 ,y may al ne$ 6make 9/al;t pay;ts = ,,cpp 3tribu;ns on yr [n 9come4 ,rememb] 6budget = ^! pay;ts4 ,= m 9=m,n1 see ,pamphlet ,p#aaj1 ,pay+ ,yr ,9come ,tax 0,9/al;ts4 ,:5 y file yr 9come tax & b5efit return1 y m/ 9clude f9ancial /ate;ts or "o or m (! foll[+ =ms1 z applica#3 #cf ,*apt] #b c#h --,=m ,t#babe1 ,/ate;t ( ,busi;s or ,profes.nal ,activities2 --,=m ,t#bjdb1 ,/ate;t ( ,f>m+ ,activities2 --,=m ,t#aafc1 ,/ate;t ;,a-- ,agri,/abil;y & ,agri,9ve/ ,programs ,9=m,n & ,/ate;t ( ,f>m+ ,activities = ,9dividuals2 --,=m ,t#aafd1 ,/ate;t ;,b-- ,agri,/abil;y & ,agri,9ve/ ,programs ,9=m,n & ,/ate;t ( ,f>m+ ,activities = ,a4i;nal ,f>m+ ,op],ns2 --,=m ,t#abgc1 ,/ate;t ;,a-- ,h>moniz$ ,agri,/abil;y & ,agri,9ve/ ,programs ,9=m,n & ,/ate;t ( ,f>m+ ,activities = ,9dividuals2 --,=m ,t#abgd1 ,/ate;t ;,b-- ,h>moniz$ ,agri,/abil;y & ,agri,9ve/ ,programs ,9=m,n & ,/ate;t ( ,f>m+ ,activities = ,a4i;nal ,f>m+ ,op],ns2 & #cg ,*apt] #b d#h --,=m ,t#baba1 ,/ate;t ( ,fi%+ ,activities4 ,we w al a3ept a -put]-g5]at$ v].n (! applica# =m4 ,= ,,gst/,,hst1 sole proprietors h report+ p]iods = : !y h 6file a return4 ,= m 9=m,n1 see ,guide ,,rc#djbb4 ,"pn]%ip ,a "pn]%ip is an associ,n or rel,n%ip 2t two or m 9dividuals1 corpor,ns1 tru/s1 or "pn]%ips t jo9 tgr 6c>ry on a trade or busi;s4 ,ea* "pn] 3tributes m"oy1 lab\r1 prop]ty1 or skills 6! "pn]%ip4 ,9 return1 ea* "pn] is 5titl$ 6a %>e (! pr(its or losses 9 ! busi;s4 ,! busi;s pr(its 7or losses7 >e usu,y divid$ am;g ! "pn]s bas$ on ! "pn]%ip agree;t4 ,l a sole proprietor%ip1 a "pn]%ip is easy 6=m4 ,9 fact1 a simple v]bal agree;t is 5 6=m a "pn]%ip4 ,h["e1 mo/ "pn]%ips >e gov]n$ 0a writt5 #ch ,*apt] #b e#h agree;t sett+ \ rules = "pn]s 5t]+ or l1v+ ! "pn]%ip1 ! divi.n ( "pn]%ip 9come1 & o!r matt]s4 ,! "pn]%ip is b.d 0! ac;ns ( any memb] (! "pn]%ip1 z l;g z ^! >e )9 ! usual scope (! op],ns4 ,h[ does a "pn]%ip pay taxes8 ,a "pn]%ip 0xf does n pay 9come tax on xs op]at+ results & does n file an annual 9come tax return4 ,9/1d1 ea* "pn] 9cludes a %>e (! "pn]%ip 9come 7or loss7 on a p]sonal1 corporate1 or tru/ 9come tax return4 ,y d ? :e!r or n y actu,y rcvd yr %>e 9 m"oy or 9 cr$it 6yr "pn]%ip's capital a3.t4 ,ea* "pn] al has 6file ei f9ancial /ate;ts or "o (! =ms ref]r$ 6in ! sec;n on sole proprietor%ip or a -put]-g5]at$ v].n ( "o ( ^! =ms3 --,=m ,t#babe --,=m ,t#bjdb --,=m ,t#aafc #ci ,*apt] #b f#h --,=m ,t#aafd --,=m ,t#abgc --,=m ,t#abgd --,=m ,t#baba --------------------------------------#i ,a "pn]%ip t c>ries on a busi;s 9 ,canada1 or a ,canadian "pn]%ip ) ,canadian or =eign op],ns or 9ve/;ts1 has 6file a ,t#ejac = ea* fiscal p]iod (! "pn]%ip3 --,if1 at ! 5d (! fiscal p]iod1 --! "pn]%ip has an absolute value ( rev5ues plus an absolute value ( exp5ses ( m ?an 4#b million1 or has m ?an 4#e million 9 assets2 or --,if1 at any"t dur+ ! fiscal p]iod1 --! "pn]%ip is a ti]$ "pn]%ip 7has ano!r "pn]%ip z a "pn] or is xf a "pn] 9 ano!r "pn]%ip72 --! "pn]%ip has a corpor,n or a tru/ z a "pn]2 --! "pn]%ip 9ve/$ 9 fl[-"? %>es (a pr9cipal-busi;s corpor,n t 9curr$ #dj ,*apt] #b a#i ,canadian res\rce exp5ses & ren\nc$ ^? exp5ses 6! "pn]%ip2 or --! ,m9i/] ( ,n,nal ,rev5ue reque/s "o 9 writ+4 ,= m 9=m,n1 g 6_+www.cra.gc.ca/partnership_: or see ,guides ,t#djfh1 ,guide =! ,t#ejac ,"pn]%ip ,9=m,n ,return--#bjjf & ,t#djfh-a1 #bjaj ,supple;t 6! #bjjf ,t#djfh--,guide =! ,t#ejac ,"pn]%ip ,9=m,n ,return4 ,=a "pn]%ip1 y may 2 requir$ 6regi/] =& collect ,,gst/,,hst if y provide .taxa# .supplies 9 ,canada1 & y >e n a small suppli]4 ,= m 9=m,n1 r1d 8,*apt] #c--,gds & s]vices tax & h>moniz$ sales tax 7,,gst/,,hst710 on page #ac1 or see ,guide ,,rc#djbb4 ,corpor,n ,a corpor,n is a sep>ate legal 5t;y4 ,x c 5t] 963tracts & [n prop]ty 9 xs [n "n1 sep>ately & 4t9ctly f xs [n]s4 #da ,*apt] #b b#i ,a corpor,n may h "s (! foll[+ f1tures3 --,x is a sep>ate legal 5t;y )a p]petual exi/;e4 --,x c g5],y raise l>g] am.ts ( capital m easily ?an a sole proprietor%ip or "pn]%ip4 --,! %>ehold]s _c claim any loss ! corpor,n su/a9s4 ,:5 =m+ a corpor,n1 ! [n]s transf] m"oy1 prop]ty1 or s]vices 6! corpor,n 9 ex*ange = %>es4 ,! [n]s >e ref]r$ 6z .%>ehold]s4 ,y c buy & sell %>es 9 a corpor,n )\t a6ect+ ! corpor,n's exi/;e4 ,a corpor,n 3t9ues 6exi/ un.s x w9ds up1 amalgamates1 or surr5d]s xs *>t] = r1sons s* z bankruptcy4 ,s9ce a corpor,n has a sep>ate legal exi/;e1 x has 6pay tax on xs 9come1 & "!=e m/ file xs [n 9come tax return4 ,y may 2 requir$ 6regi/] =& collect 7,,gst/,,hst7 if y provide .taxa# .supplies 9 ,canada1 & y >e n a #db ,*apt] #b c#i small suppli]4 ,= m 9=m,n1 r1d 8,*apt] #c--,gds & s]vices tax & h>moniz$ sales tax 7,,gst/,,hst710 on page #ac1 or see ,guide ,,rc#djbb4 ,y set up a corpor,n 0-plet+ .>ticles .( .9corpor,n & fil+ !m )! appropriate prov9cial1 t]ritorial1 or f$]al au?orities4 ,h[ does a corpor,n pay taxes8 ,a corpor,n m/ file a corpor,n 9come tax return 7,t#b7 )9 six mon?s (! 5d ( e .tax .ye>1 ev5 if x does n [e taxes4 ,x al has 6atta* -plete f9ancial /ate;ts &! nec s*$ules 6! ,t#b return4 ,a corpor,n usu,y pays xs taxes 9 mon?ly or qu>t]ly 9/al;ts4 ,= m 9=m,n ab due dates1 see 8,summ>y ( important dates = busi;ses10 on page #bi4 ,= m 9=m,n on 9/al;t pay;ts &! fil+ require;ts = corpor,ns1 see ,guides ,t#djab1 ,t#b ,corpor,n--,9come ,tax ,guide1 or ,t#g;,b-,,corp1 #dc ,*apt] #b d#i ,corpor,n ,9/al;t ,guide1 or g 6_+www.cra.gc.ca/payments_:4 ,! tax ye> =a corpor,n is xs fiscal p]iod4 ,= m 9=m,n on corpor,ns1 g 6_+www.cra.gc.ca/t2return_:4 ,>e y responsi# = yr corpor,n's debts8 ,z a %>ehold] ( yr corpor,n1 y h limit$ liabil;y4 ,9 ! /rict s5se1 ? m1ns y &! o!r %>ehold]s >e n responsi# =! corpor,n's debts4 ,h["e1 limit$ liabil;y may n alw protect y f cr$itors4 ,= example1 if a small]1 m closely held corpor,n wants 6borr[ m"oy f a bank or o!r cr$itor1 ! cr$itor may ask =! %>ehold]'s gu>antee t ! debt w 2 repd4 ,if y agree 6? 3di;n1 y w 2 p]son,y lia# = t debt if ! corpor,n does n pay x back4 ,? applies 6taxes [+ z well4 ,if yr corpor,n [es taxes & has obta9$ a loan or secur$ a l9e ( cr$it1 an adv.e #dd ,*apt] #b e#i "u ! loan or l9e ( cr$it c 2 9t]cept$ on a3.t (! corpor,n's tax >re>s4 ,not)/&+ t ! proce$s (! adv.e h be5 pd 6! ,rcvr ,g5]al = ,canada1 ! corpor,n is .deem$ 6h rcvd ! adv.e & is lia# 6! l5d] z s*4 ,": y h p]son,y gu>ante$ ! loan or ! l9e ( cr$it on 2half (! corpor,n1 y wd 2 lia# jo9tly )! corpor,n =! am.ts 9t]cept$4 ,directors may al 2 lia# 6pay am.ts [$ 0! corpor,n if x has fail$ 6deduct1 )hold1 remit or pay am.ts z requir$ 0! ,9come ,tax ,act1 ,employ;t ,9sur.e ,act1 ,canada ,p5.n ,plan1 ,excise ,act1 #bjja1 & ,excise ,tax ,act4 ,= m 9=m,n on director's liabil;y1 see ,9=m,n ,circul> ,,ic#hi-b;,r#b1 ,directors' ,liabil;y--,sec;n #bbg.a (! ,9come ,tax ,act & ,sec;n #cbc (! ,excise ,tax ,act4 ,y c f9d ? docu;t at _+www.cra.gc.ca/forms_:4 #de ,! busi;s numb] #aj ,yr f/ /ep 6do+ busi;s )! ,,cra ,:5 y regi/] =a busi;s1 we assign y a .busi;s .numb] 7,,bn74 ,! ,,bn is a numb]+ sy/em t simplifies & /r1ml9es ! way busi;ses d1l ) u4 ,x is bas$ on ! idea ( 8"o busi;s1 "o numb]40 ,? helps busi;ses reduce co/s & 2 m -petitive4 ,x al 9cr1ses gov]n;t e6ici5cy4 ,y get yr ,,bn ! f/ "t y regi/] 6d busi;s ) u4 ,! f\r major ,,cra busi;s program a3.ts &! program id5tifi]s >e z foll[s3 --,,rt--,,gst/,,hst --,,rp--payroll deduc;ns --,,rc--corporate 9come tax --,,rm--import/export ,! ,,bn is a n9e-digit busi;s id5tifi]4 ,! program a3.t numb] 3si/s ( ?ree "ps--! ,,bn1 a two-lr program id5tifi] &a f\r-digit ref];e numb]4 ,! 5tire program a3.t numb] has #ae "*s3 #df ,*apt] #b a#aj --n9e-digit ,,bn 6id5tify ! busi;s2 & --two lrs & f\r digits 6id5tify ea* a3.t a busi;s may h4 ,= example1 yr a3.t numb] miio1 ,new ,brunswick1 ,nova ,scotia1 & ,briti% ,columbia programs4 ,if ! busi;s's mail+ a4ress is 9 ,quebec1 we w (f] ! op;n 6be direct$ 6! ,rev5u ,qu@ebec ,web site at _+www.revenu.gouv.qc.ca_:4 ,note ,n all busi;ses require a ,,bn1 s x is important t y review ! 9=m,n = ea* type ( a3.t 2f regi/]+4 ,g 6_+www.cra.gc.ca/bn_: or 3tact #a-hjj-iei-eebe if y want 6f9d \ ab ! o!r types ( a3.ts & regi/] = !m4 ,>e y do+ busi;s 9 ,quebec8 ,= busi;ses physic,y locat$ 9 ,quebec1 y w h 6regi/] yr ,,gst/,,hst a3.ts ) ,rev5u ,qu@ebec4 ,6regi/] yr payroll1 #dh ,*apt] #b c#aj import-export1 or corporate 9come tax a3.ts1 y m/ / 3tact ! ,,cra4 ,regi/] = ,,gst/,,hst only ,if y plan 6regi/] only = ,,gst/,,hst 9 ,quebec1 y d n ne$ 6regi/] =a ,,bn ) u4 ,= m 9=m,n or 6regi/]1 visit ,rev5u ,qu@ebec's ,web site at _+www.revenu.gouv.qc.ca_: or 3tact ,rev5u ,qu@ebec3 ,rev5u ,qu@ebec #chjj1 rue de ,m>ly ,/e-,foy ,,qc ,g#a;,x #d;,a#e ,teleph"o3 #a-hjj-efg-dfib ,\tside ,canada3 #a-dah-fei-dfib ,d y ne$ a ,,bn8 ,if y ne$ at l1/ "o (! f\r ,,cra busi;s a3.ts li/$ on page #aj1 y w ne$ a ,,bn4 #di ,*apt] #b d#aj ,h["e1 2f y regi/] =! ,,bn1 y ne$ 6"k a few ?+s ab ! busi;s y plan 6op]ate4 ,= 9/.e1 y %d "k ! "n (! busi;s1 xs loc,n1 xs legal /ructure 7sole proprietor%ip1 "pn]%ip1 or corpor,n71 & xs fiscal ye>- 5d4 ,y %d al h "s idea ( :at ! sales ( yr busi;s w be4 ,)\t ? 9=m,n1 y w n 2 a# 6-plete ,=m ,,rc#a1 ,reque/ =a ,busi;s ,numb] 7,,bn74 ,note ,if y >e a sole proprietor or a "pn] 9 a "pn]%ip1 y w 3t9ue 6use yr .social .9sur.e .numb] 7,,sin7 6file yr 9dividual 9come tax & b5efit return1 ev5 ?\< y may h a ,,bn = yr ,,gst/,,hst1 .payroll .deduc;ns1 & import/export a3.ts4 ,= m 9=m,n ab ! ,,bn1 g 6_+www.cra.gc.ca/bn_:1 see ,pamphlet ,,rc#b1 ,! ,busi;s ,numb] & ,yr ,canada ,rev5ue ,ag5cy ,program ,a3.ts1 or call #a-hjj-iei-eebe4 #ej ,:y x pays 6plan ah1d e#aj ,:5 3sid]+ :e!r y %d regi/] = yr ,,bn1 y m/ keep s"eal factors 9 m9d s* z ! r1sons = regi/]+4 ,y ne$ only regi/] = ^? busi;s a3.ts = : y ne$ a ,,bn 9 ord] 6fulfill yr legal oblig,ns4 ,= example1 y d n h 6regi/] = ,,gst/,,hst if y >e a small suppli]4 ,y >e a small suppli] if yr taxa# _wwide rev5ues 79clud+ ^? ( yr associates71 is less ?an 4#cj1jjj 9 ! la/ f\r 3secutive cal5d> qu>t]s or 9 any s+le cal5d> qu>t]4 ,? ?re%old is 4#ej1jjj if y >e a public s]vice body 7s* z a *>;y1 non- pr(it organiz,n1 municipal;y1 univ]s;y1 public college1 s*ool au?or;y1 or hospital au?or;y74 ,= m 9=m,n on ^! ?re%olds1 see 8,small suppli]10 on page #ac4 ,if y ?9k yr sales w exce$ 4#cj1jjj1 7or 4#ej1jjj if y >e a public s]vice body71 x is probably wise 6regi/] =! ,,gst/,,hst soon] #ea ,*apt] #b #aa r ?an lat]4 ,rememb]1 regi/]+ =! ,,gst/,,hst is ! same z regi/]+ =! ,,bn4 ,h["e1 once y h decid$ 6regi/]1 y m/ *>ge ,,gst/,,hst on yr taxa# gds & s]vices & file regul> ,,gst/,,hst returns :e!r y >e a small suppli] or n & y h 6rema9 z a regi/rant = at l1/ "o ye> 2f y c deregi/]4 ,regi/]+ e>ly1 h["e1 gives y c]ta9 advantages1 s* z ! "r 6claim ! ,,gst/,,hst y pay on yr busi;s's />t-up exp5ses f ! "t y regi/]4 ,= m 9=m,n1 see ,guide ,,rc#djbb4 ,al see 8,c y deduct busi;s />t-up co/s810 on page #ba4 ,if y 9t5d 6import gds 96,canada1 y %d op5 an import/export a3.t 2f y import ! gds4 ,? w avoid delays at ! port ( 5try4 ,y %d op5 a payroll deduc;ns a3.t z soon z y "k :5 y w h employees4 ,? a3.t w all[ y 6make regul> payroll deduc;ns = yr employees & make .remitt.es on "t4 ,= 9=m,n on h[ 6make payroll deduc;ns1 see 8,*apt] #e--,payroll deduc;ns & remitt.es10 on page #ae4 #eb ,*apt] #b a#aa ,if y decide 69corporate1 y w ne$ a ,,bn 6pay yr corporate 9come taxes & 6make 9/al;t pay;ts 6yr corporate a3.t4 ,keep+ records ,five r1sons :y keep+ records c b5efit y #a4 ,-plete & organiz$ records c help y id5tify ! s\rces ( yr 9come4 ,y may rcv ca% or prop]ty f _m di6]5t places4 ,if y d n h records %[+ yr 9come s\rces1 y may n 2 a# 6prove t "s s\rces >e non-busi;s or non-taxa#4 #b4 ,-plete & organiz$ records c m1n tax sav+s4 ,gd .records s]ve z a rem9d] ( deducti# exp5ses & .9put .tax .cr$its 7,,itc74 ,if y d n record yr transac;ns1 y may =get "s ( yr #ec ,*apt] #b b#aa exp5ses or 9put tax cr$its :5 y prep>e yr 9come tax or ,,gst/,,hst returns4 ,= m 9=m,n on ,,itc's1 see ,guide ,,rc#djbb4 #c4 ,-plete & organiz$ records c prev5t mo/ (! pro#ms y mie s 9complete t auditors _c det]m9e yr 9come f !m1 ! auditors w h 6use o!r me?ods 6e/abli% yr 9come4 ,? w co/ y "t4 ,if yr records d n support yr claims1 !y cd 2 4all[$4 #d4 ,yr records w keep y bett] 9=m$ ab ! f9ancial posi;n ( yr busi;s4 ,y ne$ gd records 6e/abli% yr pr(it or loss1 &! value ( yr busi;s4 ,9=m,n f gd records c al tell y :at is happ5+ 9 yr busi;s & :y4 ,! su3ess;l use ( records c %[ y tr5ds 9 yr busi;s1 let y -p>e p]=m.e #ed ,*apt] #b c#aa 9 di6]5t ye>s1 & help y prep>e budgets & =eca/s4 #e4 ,-plete & organiz$ records may help y get loans f banks & o!r cr$itors4 ,cr$itors ne$ a3urate 9=m,n ab yr curr5t f9ancial posi;n 2f !y give y a loan4 ,y _c give !m ? 9=m,n if y d n keep organiz$ records4 ,al1 gd records %[ pot5tial cr$itors t y "k :at is go+ on ) yr busi;s4 ,legal require;ts = keep+ records ,all records s* z pap] docu;ts1 z well z ^? /or$ 9 an electronic m$ium 7s* z on -put] disk71 m/ 2 kept 9 ,canada or made availa# 9 ,canada at \r reque/4 ,! records m/ 2 9 ,5gli% or ,fr5*4 ,= m 9=m,n on keep+ ^! types ( records1 g 6_+www.cra.gc.ca/records_:1 or see ,guide ,,rc#ddji1 ,keep+ ,records4 #ee ,*apt] #b d#aa ,y c keep ^! docu;ts \tside ,canada if y get writt5 p]mis.n f u4 ,:at records %d y keep8 ,make sure y keep ord]ly records ( all 9come y rcv4 ,al1 keep all receipts1 9voices1 v\*]s1 & c.ell$ *eques 9dicat+ \tlays ( m"oy4 ,s* \tlays 9clude3 --sal>ies & wages2 --.op]at+ .exp5ses s* z r5t1 adv]tis+1 & capital exp5ditures2 & --miscellane\s items s* z *>ita# don,ns4 ,if y import gds 96,canada1 yr records m/ sub/antiate ! price y pd = import$ gds & li/ _! orig9 & descrip;n4 ,!y m/ al 9clude any docu;t,n ab ! report+1 rel1se1 & a3.t+ (! gds1 z well z ! pay;t ( duties & taxes4 ,y %d keep ^! records at yr place ( busi;s or resid;e 9 ,canada 7un.s y get #ef ,*apt] #b e#aa writt5 p]mis.n f u 6keep !m else":74 ,y h 6make !m availa# 6u if y >e ask$ 6d s4 ,yr records m/ 2 p]man5t ,:i*"e a3.t+ or record-keep+ me?od y use1 yr records m/ 2 p]man5t4 ,!y m/ 3ta9 a sy/ematic a3.t ( yr 9come1 deduc;ns1 cr$its1 & o!r 9=m,n y ne$ 6report on yr 9come tax & ,,gst/,,hst returns4 ,:at 9=m,n %d yr records 3ta98 ,x is n h>d 6keep records t meet ! require;ts (! law4 ,h["e1 9complete records t use approximates 9/1d ( exact am.ts >e n a3epta#4 ,yr records m/3 --all[ y 6det]m9e h[ m* tax y [e1 or ! tax1 duties1 or o!r am.ts 6be collect$1 )held1 or deduct$1 or any refund or rebate y may claim2 & #eg ,*apt] #b #ab --be support$ 0v\*]s or o!r nec s\rce docu;ts4 ,if y d n keep yr receipts or o!r v\*]s 6support yr exp5ses or claims1 & "! is no o!r evid;e availa#1 we may reduce ! exp5ses or claims y h made4 ,reta9+ & de/roy+ records ,! six-ye> require;t ,y m/ reta9 records 7o!r ?an c]ta9 docu;ts = : "! >e special rules7 = six ye>s f ! 5d (! la/ tax ye> 6: !y relate = 9come tax purposes1 = six ye>s f ! 5d (! ye> 6: !y relate = ,,gst/,,hst & excise .duty purposes1 or = six ye>s af ! gds >e import$ or export$4 ,if y fil$ yr 9come tax return late1 keep yr records & support+ docu;ts = six ye>s f ! date y fil$ ! late return4 ,! m9imum p]iod = keep+ records is usu,y m1sur$ f ! la/ ye> y us$ ! #eh ,*apt] #b a#ab records1 n ! ye> ! transac;n o3urr$ or ! record 0 cr1t$4 ,y h 6keep e record nec = d1l+ ) an .objec;n or app1l until x is resolv$ &! "t = fil+ any fur!r app1l has expir$1 or until ! six-ye> p]iod m5;n$ abv has expir$1 :i*"e is lat]4 ,reque/ = e>ly de/ruc;n ,if y want 6de/roy yr records 2f ! six ye>s >e up1 y m/ apply 9 writ+ 6! director (! .tax .s]vices .(fice 7,,tso7 9 yr >ea 6obta9 writt5 p]mis.n f ! ,,cra4 ,6d ?1 ei use ,=m ,t#acg1 ,reque/ = ,de/ruc;n ( ,records1 or prep>e yr [n writt5 reque/4 ,9 a4i;n 6\r require;ts1 "! >e o!r f$]al1 prov9cial1 & municipal laws t require y 6keep records4 ,we h no au?or;y 6approve de/ruc;n ( records t ^! o!r laws require y 6keep4 ,= m 9=m,n1 see ,guide ,,rc#ddji1 & ,9=m,n ,circul> ,,ic#gh-aj;,r#e1 ,books & ,records ,ret5;n/,de/ruc;n4 #ei ,br++ assets 96a busi;s b#ab ,"! may 2 ,,gst/,,hst implic,ns :5 y transf] assets f "o busi;s /ructure 6ano!r4 ,= m 9=m,n on ! ,,gst/,,hst /atus ( yr "picul> situ,n1 call #a-hjj-iei-eebe4 ,fair m>ket value 7,,fmv7 ,y may f9d yrf 9 a situ,n ": y wd l 6take assets t 2l;g 6y p]son,y & transf] !m 6yr busi;s4 ,if y >e op]at+ a sole proprietor%ip1 ? is a r1sonably simple process4 ,! ,9come ,tax ,act requires t y transf] ^! assets 6! busi;s at _! .fair .m>ket .value 7,,fmv74 ,? m1ns t we 3sid] y 6h sold ^! assets at a price equal 6_! ,,fmv at t "t4 ,if ! ,,fmv at ! "t (! transf] 6! busi;s is grt] ?an yr orig9al pur*ase price1 y m/ report ! di6];e z a capital ga9 on yr 9come tax & b5efit return4 #fj ,*apt] #b c#ab ,y may al 2 a# 6claim a ,,gst/,,hst .9put .tax .cr$it 7,,itc7 bas$ on ! basic tax 3t5t (! assets y transf] 6yr busi;s4 ,= m 9=m,n on basic tax 3t5t1 g 6_+www.cra.gc.ca/gsthst_: or call #a-hjj-iei-eebe4 ,yr busi;s w %[ a pur*ase ( ^! assets1 )a co/ equal 6! ,,fmv at ! "t (! transf]4 ,? is ! value t y w add 6! .capital .co/ .all[.e s*$ule = 9come tax purposes4 ,= 9come tax purposes1 :5 y transf] ! prop]ty 6a ,canadian "pn]%ip or a ,canadian corpor,n1 y may transf] ! prop]ty 6! "pn]%ip or ! corpor,n = an elect$ am.t4 ,? am.t may 2 di6]5t f ! ,,fmv1 z l;g z y meet c]ta9 3di;ns4 ,! elect$ am.t !n 2comes yr proce$s =! prop]ty transf]r$1 z well z ! co/ (! prop]ty 6! corpor,n or "pn]%ip4 ,! rules reg>d+ ^! transf]s ( prop]ty >e te*nical 9 nature4 ,!y all[ y 6*ange yr busi;s type f a sole proprietor%ip 6a corpor,n or "pn]%ip2 or f a #fa ,*apt] #b d#ab "pn]%ip 6a corpor,n1 on a tax-free basis4 ,= m 9=m,n1 see ,9t]pret,n ,bullet9 ,,it-#bia;,r#c1 ,transf] ( ,prop]ty 6a ,corpor,n ,"u ,subsec;n #he7#a71 ,9=m,n ,circul> ,,ic#gf-ai;,r#c1 ,transf] ( ,prop]ty 6a ,corpor,n ,"u ,sec;n #he1 & ,9t]pret,n ,bullet9 ,,it-#dac;,r1 ,elec;n 0,memb]s (a ,"pn]%ip ,"u ,subsec;n #ig7#b74 ,buy+ an exi/+ busi;s ,:5 y >e 3sid]+ 2com+ a busi;s [n]1 y w f9d t y h ! op;n ( ei ..buy+ an exi/+ .busi;s or ../>t+ up a new .busi;s4 ,! op;n y *oose w h a significant e6ect on h[ y a3.t =! pur*ase (! busi;s assets = 9come tax purposes4 ,:5 y buy an exi/+ busi;s1 y g5],y pay a set am.t =! 5tire busi;s4 ,9 "s cases1 ! sale agree;t sets \ a price = ea* asset1 a value =! .9v5tory (! busi;s1 & if applica#1 an am.t t y c attribute 6.gdwill4 #fb ,*apt] #b e#ab ,if ! 9dividual asset prices >e set \ 9 ! sale agree;t1 &! prices >e r1sona#1 !n y %d use ^! prices 6claim capital co/ all[.e4 ,if ! 9dividual asset prices >e n set \ 9 ! 3tract1 y h 6det]m9e h[ m* (! pur*ase price y %d attribute 6ea* asset1 h[ m* 69v5tory1 & h[ m*1 if any1 6gdwill4 ,^! am.ts %d co9cide )! am.ts ! v5dor det]m9$ :5 report+ ! sale4 ,! am.t y allocate 6ea* asset %d 2 ! ,,fmv (! asset4 ,y %d allocate 6gdwill ! .bal.e (! pur*ase price t rema9s af y allocate ! ,,fmv 6ea* asset & 69v5tory4 -------------------------------------#ac ,example ,y pur*ase a busi;s =a total pur*ase price ( 4#dhj1jjj4 ,! ,,fmv (! net id5tifia# assets (! busi;s is z foll[s3 #fc ,*apt] #b a#ac ,a3.ts receiva# """""""""""" 4#dhj1jjj ,9v5tory """""""""""""""""""" 4#dj1jjj ,l& """""""""""""""""""""""" 4#abj1jjj ,build+ """""""""""""""""""" 4#bjj1jjj ,total net id5tifia# assets 4#ddj1jjj ,y c det]m9e ! value (! gdwill 0subtract+ ! total value (! net id5tifia# assets f ! pur*ase price3 ,pur*ase price """"""""""""" 4#dhj1jjj .,m9us ,net id5tifia# assets """""" 4#ddj1jjj ,am.t attribut$ 6gdwill """"" 4#dj1jjj ,once y h det]m9$ ! values =! assets &! gdwill1 add ! fix$ assets 7s* z build+s & equip;t7 96! appropriate classes =! purpose ( claim+ ! capital co/ all[.e4 ,! gdwill is 3sid]$ 6be an .eligi# .capital .exp5diture1 : is tr1t$ 9 a mann] simil> 6assets eligi# = capital co/ all[.e4 #fd ,*apt] #b b#ac ,tr1t ! value (! 9v5tory z a pur*ase ( gds = resale1 & 9clude x 9 ! calcul,n ( ..co/ ( gds .sold 9 yr .9come ./ate;t at ! 5d (! ye>4 ,= ,,gst/,,hst purposes1 if y buy a busi;s or "p (a busi;s & acquire all or sub/anti,y all 7at l1/ #ij@3p7 (! prop]ty t c r1sonably 2 reg>d$ z nec 6c>ry on ! busi;s1 y &! v5dor may 2 a# 6jo9tly elect 6h no ,,gst/,,hst paya# on ! sale 0-plet+ ,=m ,,gst#dd1 ,elec;n ,3c]n+ ! ,acquisi;n (a ,busi;s or ,"p (a ,busi;s4 ,y _c use ? .elec;n if ! sell] is a regi/rant b ! buy] is n a regi/rant4 ,9 a4i;n1 y m/ buy all or sub/anti,y all (! prop]ty1 & n only 9dividual assets4 ,=! elec;n 6apply 6! sale1 y h 6be a# 63t9ue 6op]ate ! busi;s )! prop]ty acquir$ "u ! sale agree;t4 ,y h 6file ,=m ,,gst#dd1 on or 2f ! "d y h 6file ! ,,gst/,,hst return =! f/ report+ p]iod 9 : y wd h o!rwise _h 6pay ,,gst/,,hst on ! pur*ase4 #fe ,*apt] #b c#ac ,ev5 :5 y use ! elec;n1 ,,gst/,,hst w / apply 6a taxa# .supply (a s]vice made 0! sell]2 a taxa# supply ( prop]ty made 0way ( l1se1 lic;e1 or simil> >range;t2 &1 ": ! pur*as] is n a regi/rant1 a taxa# sale ( r1l prop]ty4 ,ano!r way ( buy+ an exi/+ busi;s is 6buy ! %>es (a corpor,n4 ,? does n a6ect ! co/ base (! assets (! busi;s4 ,z expla9$ previ\sly1 a corpor,n is a sep>ate legal 5t;y & c [n prop]ty 9 xs [n "n4 ,a *ange 9 ! [n]%ip (! %>es w n a6ect ! tax values (! assets ! corpor,n [ns4 ,= ,,gst/,,hst purposes1 ! pur*ase ( %>es (a corpor,n is g5],y n subject 6,,gst/,,hst4 ,= m 9=m,n on *anges 6yr busi;s1 g 6_+www.cra.gc.ca/tx/bsnss/tpcs/_& lf-vnts_:4 #ff ,*apt] #c--,gds & s]vices d#ac tax & h>moniz$ sales tax 7,,gst/,,hst7 ,:at is ! ,,gst/,,hst8 ,! ,,gst is a tax t applies 6mo/ .supplies ( gds & s]vices made 9 ,canada4 ,! ,,gst al applies 6supplies ( r1l prop]ty 7= example1 l&1 build+s & 9t]e/s 9 prop]ty7 & 9tangi# prop]ty s* z tradem>ks1 "rs 6use a pat5t1 digitiz$ products d[nload$ f ! ,9t]net & pd = 9dividu,y4 ,! ."picipat+ .prov9ces h>moniz$ _! prov9cial sales tax )! ,,gst 6imple;t ! ,,hst4 ,g5],y1 ! ,,hst applies 6! same base ( gds & s]vices z ! ,,gst4 ,9 "s "picipat+ prov9ces1 "! >e po9t-(-sale rebates equival5t 6! prov9cial "p (! ,,hst on c]ta9 designat$ items4 ,= m 9=m,n1 see ,guide ,,rc#djbb1 ,g5]al ,9=m,n = ,,gst/,,hst ,regi/rants4 #fg ,%d y regi/] =! e#ac ,,gst/,,hst8 ,y h 6regi/] =! ,,gst/,,hst if3 --y provide .taxa# .supplies 9 ,canada2 & --y >e n a small suppli]4 ,y d n h 6regi/] if3 --yr only .-m]cial .activ;y is ! sale ( r1l prop]ty1 o!r ?an 9 ! c\rse (a busi;s 7al? y d n h 6regi/] =! ,,gst/,,hst 9 ? case1 yr sale ( r1l prop]ty may / 2 taxa# & y may h 6*>ge & collect ! tax74 ,= m 9=m,n1 see ,guide ,,rc#djbb2 or --y >e a non resid5t :o does n c>ry on busi;s 9 ,canada 7see ,guide ,,rc#djbg1 ,do+ ,busi;s 9 ,canada --,,gst/,,hst ,9=m,n = ,non- ,resid5ts74 #fh ,small suppli] f#ac ,y >e a small suppli] & d n h 6regi/] if y meet ."o (! foll[+ 3di;ns3 --y >e a .sole .proprietor & yr total rev5ues f taxa# supplies 72f exp5ses7 f all yr busi;ses >e 4#cj1jjj or less 9 ! la/ f\r 3secutive cal5d> qu>t]s or 9 any s+le cal5d> qu>t]2 --y >e a ."pn]%ip or a .corpor,n & yr total rev5ues f taxa# supplies 72f exp5ses7 >e 4#cj1jjj or less 9 ! la/ f\r 3secutive cal5d> qu>t]s or 9 any s+le cal5d> qu>t]2 or --y >e a .public .s]vice .body 7*>;y1 non-pr(it organiz,n1 municipal;y1 univ]s;y1 public college1 s*ool au?or;y1 or hospital au?or;y7 & meet c]ta9 3di;ns4 ,= m 9=m,n1 see ,guide ,,rc#djhb1 ,,gst/,,hst ,9=m,n = ,*>ities4 #fi ,*apt] #c #ad .,total .rev5ues f taxa# supplies m1ns yr _wwide rev5ues f yr supplies ( gds & s]vices t >e subject 6! ,,gst/,,hst 79clud+ z]o-rat$ supplies71 or t wd 2 subject 6! tax if suppli$ 9 ,canada4 ,x does n 9clude gdwill1 f9ancial s]vices1 & sales ( capital prop]ty4 ,y al h 69clude ! total rev5ues f taxa# supplies ( all ( yr associates 9 ? calcul,n4 ,= m 9=m,n ab taxa# supplies1 see ,guide ,,rc#djbb4 ,note ,if yr total rev5ues f taxa# supplies >e ov] 4#cj1jjj 9 a s+le cal5d> qu>t] or ov] f\r 3secutive cal5d> qu>t]s1 y >e no l;g] a small suppli] & y h 6regi/] =! ,,gst/,,hst4 ,excep;n ,taxi & lim\s9e driv]s & non-resid5t p]=m]s sell+ admis.ns 6sem9>s1 p]=m.es1 & o!r ev5ts m/ regi/] =! #gj ,*apt] #c a#ad ,,gst/,,hst1 ev5 if !y >e small suppli]s4 ,e6ective date ( regi/r,n ,! e6ective date ( yr ,,gst/,,hst regi/r,n dep5ds on :5 y g ov] ! small suppli] ?re%old am.t ( 4#cj1jjj4 ,if yr rev5ues >e ov] ! ?re%old am.t 9 "o cal5d> qu>t]1 y >e 3sid]$ a regi/rant & m/ collect ! ,,gst/,,hst on ! supply t made y g ov] ! ?re%old am.t4 ,yr e6ective date ( regi/r,n is ! "d (! supply t made y g ov] ! ?re%old am.t4 ,y h #bi "ds f ? "d 6apply = regi/r,n4 ,example ,zuly 2gan h] busi;s on ,janu>y #a1 #bjaa4 ,h] sales dur+ ! f/ ?ree cal5d> qu>t]s 5d+ ,septemb] #cj 7 4#be1jjj1 m1n+ %e 0 / a small suppli]4 ,9 ! qu>t] f ,octob] #a 6,decemb] #ca %e _h sales ( 4#dj1jjj1 : 9clud$ an ord] on ,novemb] #bj = 4#ae1jjj t pu%$ #ga ,*apt] #c b#ad h] taxa# sales abv 4#cj1jjj =! qu>t]4 ,t m1ns ,zuly 0 no l;g] a small suppli] z ( ,novemb] #bj & %e _h 6*>ge ! ,,gst/,,hst on ! 4#ae1jjj sale & any taxa# sale made af t4 ,%e has #bi "ds af t "d 6regi/] 7al? %e is 3sid]$ 6be a ,,gst/,,hst regi/rant z ( ,novemb] #bj1 %e has until ,decemb] #ai1 #bjaa 6be regi/]$74 ,if y >e "u ! ?re%old am.t 9 "o cal5d> qu>t]1 b y >e ov] ! ?re%old dur+ f\r 3secutive cal5d> qu>t]s1 y >e 3sid]$ 6be a small suppli] = ^? f\r cal5d> qu>t]s &a mon? foll[+ ^? qu>t]s4 ,yr e6ective date ( regi/r,n wd 2 ! "d ! f/ supply 0 made af y c1se 2+ a small suppli]4 ,y h #bi "ds f ? "d 6regi/] =! ,,gst/,,hst4 ,example ,us+ ! abv example1 ,zuly _h ! same sales1 except =! ,novemb] #bj sale4 ,h] sales 9 ! qu>t] 5d$ ,decemb] #ca1 #bjaa1 7 4#be1jjj 7less ?an #gb ,*apt] #c c#ad 4#cj1jjj =! qu>t] b m ?an 4#cj1jjj ov] f\r qu>t]s74 ,%e is a small suppli] until ,janu>y #ca1 #bjab4 ,any taxa# sale %e makes on ,febru>y #a1 #bjab1 or af is subject 6,,gst/,,hst4 ,%e has until ,m>* #a1 #bjab1 6regi/]4 ,volunt>y regi/r,n ,if y >e a small suppli] & y >e 5gag$ 9 a -m]cial activ;y 9 ,canada1 y c .*oose 6regi/] volunt>ily1 ev5 ?\< y d n h to4 ,if y regi/] volunt>ily1 y h 6*>ge & remit ! ,,gst/,,hst on yr taxa# supplies ( gds & s]vices1 & y c claim .,,itc's =! ,,gst/,,hst pd or paya# on pur*ases relat$ 6^! supplies4 ,y h 6/ay regi/]$ = at l1/ "o ye> 2f y c ask 6c.el yr regi/r,n4 ,= m 9=m,n1 see ,guide ,,rc#djbb4 ,if y *oose n 6regi/]1 y d n *>ge ! ,,gst/,,hst 7o!r ?an on c]ta9 taxa# supplies ( r1l prop]ty71 & y _c claim ,,itc's4 #gc ,h[ 6regi/] d#ad ,2f y c regi/] =a ,,gst/,,hst a3.t1 y ne$ a busi;s numb] 7,,bn74 ,yr ,,bn w 2 yr busi;s id5tific,n = all yr d1l+s ) u4 ,= m 9=m,n1 see 8,! busi;s numb]10 on page #i4 ,if y >e 9corporat$1 y may alr h a ,,bn &a corporate 9come tax a3.t4 ,note ,x is ! p]son or busi;s 5t;y t regi/]s =! ,,gst/,,hst4 ,= example1 x is ! "pn]%ip t regi/]s & n ea* "pn]4 ,if ! physical loc,n ( yr busi;s is 9 ,quebec1 see 8,>e y do+ busi;s 9 ,quebec80 on page #aj4 #gd ,*apt] #d--,excise taxes1 e#ad excise duties & s(twood lumb] products export *>ge ,:at >e excise taxes & excise duties8 ,"! >e two types ( f$]al levies on products manufactur$ or produc$ 9 ,canada3 .excise taxes & excise duties4 ,^! levies >e appli$ 6a limit$ range ( gds at di6]5t rates & 9 di6]5t ways1 dep5d+ on ! product4 ,excise tax & excise duty apply 6! gds 2f ,,gst/,,hst is a4$ on4 ,excise taxes ,excise taxes >e *>g$ on3 --fuel-9e6ici5t vehicles2 --automobile air 3di;n]s2 & --c]ta9 petroleum products4 #ge ,*apt] #d #ae ,notes ,! excise tax on jewell]y 0 elim9at$ e6ective ,may #b1 #bjjf4 ,! h1vy vehicle wei* #ai1 #bjjg4 ,! ,excise ,tax ,act sets \ ! .rates .( .tax = ea* ( ^! gds4 ,:5 gds >e manufactur$ 9 ,canada1 excise tax is paya# at ! "t ! gds >e deliv]$ 6! pur*as]4 ,:5 !y >e import$1 excise tax is paya# 0! import]1 at ! "t ! gds >e import$4 ,"u c]ta9 circum/.es1 y may 2 a# 6claim a refund (! excise taxes y pd4 ,manufactur]s ne$ an excise tax lic;e 78;,e0 lic;e7 un.s !y qualify z a small manufactur]4 ,y qualify z a small manufactur] if yr total annual sales >e n m ?an 4#ej1jjj4 ,a :olesal] lic;e 78;,w0 lic;e7 all[s y 6buy gds = resale )\t pay+ #gf ,*apt] #d a#ae excise taxes4 ,y may qualify =a ;,w lic;e "u c]ta9 limit$ circum/.es1 "!by 5abl+ y 6buy gds exempt ( excise tax & 6collect & remit ! excise tax at ! "t y sell ! gds4 ,= m 9=m,n1 g 6_+www.cra.gc.ca/etsl_: or call #a-hff-ccj-ccjd4 ,excise duties ,excise duties >e *>g$ on _ss1 w9e1 be]1 & .toba3o .products4 ,! rates ( duty on _ss1 w9e1 & toba3o products >e set \ 9 ! ,excise ,act1 #bjja & duty rates on be] >e 3ta9$ 9 ! ,excise ,act4 ,:5 ^! gds >e manufactur$ 9 ,canada1 duty is paya# on gds at ! po9t ( packag+ r ?an at ! po9t ( sale4 ,g5],y1 :5 !y >e import$ 96,canada1 duty is paya# 0! import] at ! "t ! gds >e import$4 ,all p]sons :o manufacture ^! gds 9 ,canada m/ 2 lic5s$4 ,mo/ .lic5sees m/ provide secur;y ( at l1/ 4#e1jjj4 #gg ,*apt] #d b#ae ,= m 9=m,n1 g 6_+www.cra.gc.ca/exciseduty_: or 3tact ! ne>e/ ..,regional ,excise ,duty .,(fice4 ,=a li/+ ( _! numb]s1 see ,excise ,duty ,memor&a ,,edm#a-a-b1 ,regional ,excise ,duty ,(fices1 at _+www.cra.gc.ca/forms_:4 ,s(twood lumb] products export *>ge ,! ,s(twood ,lumb] ,products ,export ,*>ge ,act1 #bjjf is ! imple;t+ legisl,n = an export *>ge 9troduc$ "u ! ,s(twood ,lumb] ,agree;t1 #bjjf 7,,sla #bjjf7 2t ! gov]n;ts ( ,canada &! ,unit$ ,/ates 7,u4,s474 ,! ,act imposes a *>ge on c]ta9 s(twood lumb] products export$ 6! ,u4,s4 af ,octob] #aa1 #bjjf4 ,products subject 6! export *>ge >e def9$ 0! ,,sla #bjjf1 & >e 9clud$ on ! ,export ,3trol ,li/ "u ,export & ,import ,p]mits ,act1 adm9i/]$ 0! ,de"p;t ( ,=eign ,a6airs & ,9t]n,nal ,trade4 #gh ,*apt] #d c#ae ,e p]son :o exports s(twood products subject 6! *>ge 6! ,u4,s4 is requir$ 6regi/] )! ,,cra on or 2f ! "d on : ! products >e export$4 ,6regi/]1 export]s m/ -plete a ,b#bec1 ,s(twood ,lumb] ,products ,export ,*>ge--,regi/r,n ,=m4 ,? =m is availa# at _+www.cra.gc.ca/forms_: & m/ 2 s5t 6! foll[+ a4ress3 ,surrey ,tax ,c5tre ,s(twood ,lumb] ,divi.n #igee ,k+ ,george ,b\lev>d ,surrey ,,bc ,v#c;,t #e;,e#a ,e p]son :o is regi/]$ m/ file1 on a mon?ly basis1 ,=m ,b#bge1 ,s(twood ,lumb] ,products ,export ,*>ge ,return1 9 : !y calculate ! *>ge7s7 impos$ dur+ ! cal5d> mon?4 ,! return &! export *>ge pay;t >e due on or 2f ! la/ "d (! mon? foll[+ ! mon? dur+ : a *>ge 0 impos$4 ,= example1 a return &a pay;t =! mon? ( #gi ,*apt] #d d#ae ,janu>y w 2 due on or 2f ! la/ "d ( ,febru>y4 ,= m 9=m,n1 g 6_+www.cra.gc.ca/softwood_:4 ,= 9=m,n on regi/r,n or returns & pay;ts1 call #a-hjj-ice-jcac4 ,= te*nical 5quiries reg>d+ ! ,s(twood ,lumb] ,products ,export ,*>ge ,act1 #bjjf1 call #a-hff-ccj-ccjd4 #hj ,*apt] #e--,payroll e#ae deduc;ns & remitt.es ,if y >e an employ]1 y m/ make regul> deduc;ns f yr employees' remun],n4 ,y >e an employ] if3 --y pay sal>ies1 wages 79clud+ adv.es71 bonuses1 vac,n pay1 or tips 6yr employees2 or --y provide c]ta9 .taxa# .b5efits or all[.es s* z bo>d & lodg+ 6yr employees4 ,an 9dividual is an employee if ! employ;t >range;t 2t ! "w] &! pay] is an employ]-employee rel,n%ip4 ,al? a writt5 3tract mie responsi# to3 --deduct ,,cpp/,,qpp 3tribu;ns1 ;,,ei premiums1 & 9come tax f am.ts y pay 6yr employees2 --remit ^! deduc;ns ..al;g ) yr .%>e ( ,,cpp/,,qpp 3tribu;ns & ;,,ei premiums t y h 6pay "?\t ! ye> on yr employees' 2half2 & -------------------------------------#af --report ! employees' remun],n & deduc;ns on ! ,t#d 9=m,n return & give .9=m,n .slips 6yr employees4 ,d y ne$ 6regi/] =a payroll a3.t8 ,y ne$ 6regi/] =a payroll a3.t if y3 --pay sal>ies or wages2 --pay tips & gratuities2 --pay bonuses & vac,n pay2 --provide b5efits & all[.es 6employees2 or #hb ,*apt] #e a#af --ne$ 6deduct1 remit & report am.ts f o!r types ( remun],n 7s* z p5.n or sup]annu,n74 ,if y ne$ a payroll a3.t & y alr h a busi;s numb] 7,,bn71 y only ne$ 6add a payroll a3.t 6yr exi/+ ,,bn4 ,h["e1 if y don't h a ,,bn1 y m/ reque/ "o & regi/] =a payroll a3.t 2f yr f/ remitt.e due date4 ,= m 9=m,n1 see 8,! busi;s numb]10 on page #aj4 ,:at 6deduct f yr employees' remun],n ,y >e responsi# = deduct+ .,canada .,p5.n .,plan 7,,cpp7 or .,quebec .,p5.n .,plan 7,,qpp7 3tribu;ns1 .,employ;t .,9sur.e 7;,,ei7 premiums1 & 9come tax f yr employees' remun],n4 ,6calculate yr v>i\s deduc;ns1 use ! ,payroll ,deduc;ns ,onl9e ,calculator 7,,pdoc71 availa# at _+www.cra.gc.ca/pdoc_:1 or see ,guide ,t#djja1 ,employ]s' ,guide-- #hc ,*apt] #e b#af ,payroll ,deduc;ns & ,remitt.es1 ,guide ,t#djcb1 ,payroll ,deduc;ns ,ta#s or ,guide ,t#dabg-,,jan1 ,payroll ,deduc;ns ,=mulas = ,-put] ,programs4 ,^! electronic s]vices & public,ns c help y det]m9e h[ m* 6deduct & :at type ( 9come is p5.na#1 9sura# or taxa#4 ,payroll deduc;ns c 2 -plicat$4 ,if y >e hav+ tr\# ) !m1 g 6_+www.cra.gc.ca/payroll_: or call #a-hjj-iei-eebe4 ,we (f] an on-site 3sultative s]vice 6provide any help y may ne$ ) payroll deduc;ns4 ,z "p (! ,employ] ,visits ,program1 we c visit y 6help ) pro#ms y h4 ,canada ,p5.n ,plan/,quebec ,p5.n ,plan ,! ,canada ,p5.n ,plan 7,,cpp7 came 96e6ect z a way 6provide f9ancial assi/.e 6,canadians :5 !y retire f ! #hd ,*apt] #e c#af "w=ce4 ,e p]son :o "ws 9 ,canada is eligi# 6get b5efits :5 he or %e retires4 ,if y run a busi;s 9 ,quebec1 y deduct ,quebec ,p5.n ,plan 7,,qpp7 3tribu;ns 9/1d ( ,,cpp4 ,y remit ! pay;ts 6,rev5u ,qu@ebec 9/1d (! ,rcvr ,g5]al = ,canada4 ,bo? employees & employ]s 3tribute 6! ,,cpp or ! ,,qpp4 ,b y1 z an employ]1 >e responsi# bo? = deduct+ ,,cpp or ,,qpp 3tribu;ns f yr employees' p5.na# e>n+s &= mat*+ ^? 3tribu;ns yrf4 ,= 9=m,n on ! ,,qpp1 visit ! ,rev5u ,qu@ebec ,web site at _+www.revenu.gouv.qc.ca/en/entreprise/_& retenues/cotisations/_& rrq__employe.aspx_:4 ,employ;t ,9sur.e ,employ;t 9sur.e 7;,,ei7 is a f$],y adm9i/]$ 9sur.e program t gives f9ancial assi/.e 6p :o >e unemploy$4 ,x al helps p get tra9+ = jobs4 #he ,*apt] #e d#af ,z an employ]1 y >e responsi# = deduct+ ;,,ei premiums f yr employees' 9sura# e>n+s4 ,! rates = ;,,ei premiums may v>y f ye> 6ye>4 ,g 6_+www.cra.gc.ca/payroll_: =! mo/ curr5t rates4 ,note ,y m/ al make yr [n 3tribu;ns 6;,,ei on 2half ( yr employees4 ,g5],y1 ! employ]'s 3tribu;n w 2 slie responsi# = deduct+ 9come tax f ! sal>ies1 wages1 or o!r remun],n y pay yr employees4 ,s9ce employees fall 96v>i\s categories 7s* z fi%]s1 employees :o get pd -mis.ns & claim exp5ses1 etc471 y ne$ v>i\s =ms1 s* z f$]al & prov9cial =ms ;,,td#a1 ,p]sonal ,tax ,cr$its ,return1 6help y decide :at 6deduct f _! #hf ,*apt] #e e#af remun],n4 ,= m 9=m,n on ^! =ms1 see ,guide ,t#djja4 ,remitt.es ,z an employ]1 y h 6remit ! ,,cpp 3tribu;ns1 ! ;,,ei premiums1 &! 9come tax deduct$ f yr employees' 9come1 al;g ) yr %>e ( ,,cpp 3tribu;ns & ;,,ei premiums4 ,remitt.es >e deem$ 6h be5 made on ! "d on : x is rcvd 0! ,rcvr ,g5]al1 & z s*1 y %d *oose ! appropriate remitt.e me?od 6meet yr due date4 ,^! deduc;ns1 al;g ) yr remitt.e =m1 m/ 2 rcvd 0u on or 2f yr remitt.e due dates4 ,due dates v>y dep5d+ on ! type ( remitt] y >e4 ,mo/ employ]s >e requir$ 6remit )hold+ am.ts on a mon?ly basis2 l>ge employ]s remit m frequ5tly4 ,z a small busi;s employ]1 y may 2 a# 6make qu>t]ly remitt.es ( taxes & payroll deduc;ns4 #hg ,*apt] #e f#af ,=! di6]5t remitt.e me?ods y c *oose f :5 remitt+ yr payroll deduc;ns1 g 6_+www.cra.gc.ca/payroll_: or see ,guide ,t#djja4 ,y c *eck yr payroll remitt.e require;ts us+ ! 8,view remitt+ require;ts0 s]vice1 availa# at ,my ,busi;s ,a3.t at _+www.cra.gc.ca/mybusinessaccount_:4 -------------------------------------#ag ,h[ 6report payroll deduc;ns ,g5],y1 y report yr employees' sal>y1 wages1 & taxa# b5efits1 z well z any deduc;ns1 on ! ,t#d slip1 ,/ate;t ( ,remun],n ,pd4 ,y c get a copy ( ? slip at _+www.cra.gc.ca/forms_:1 0call+ #a-hjj-iei-bbba1 or f ! ne>e/ ,,tso4 ,y h 6fill \ & give yr employees _! copies (! ,t#d slip no lat] ?an ! 5d ( ,febru>y foll[+ ! .cal5d> .ye> 6: ! slip relates4 ,late fil+ .p5alties may apply1 r1d 8,late remitt+/,failure 6remit0 at #hh ,*apt] #e a#ag _+www.cra.gc.ca/tx/bsnss/tpcs/pyrll/_& hwpyrllwrks/pnlty/pnlts/menu-eng.html_:4 ,= m 9=m,n ab ,t#d report+ require;ts &! di6]5t fil+ me?ods1 g 6_+www.cra.gc.ca/slips_: or see ,guide ,,rc#dabj1 ,employ]s' ,guide--,fil+ ! ,t#d ,slip & ,summ>y4 ,if y use payroll1 -m]cial or in-h\se- develop$ s(tw>e 6manage yr busi;s1 y c submit files up 6#aej ,,mb ov] ! ,9t]net us+ ! ,9t]net ,file ,transf] applic,n4 ,6"k m ab ? fil+ me?od1 g 6_+www.cra.gc.ca/file-xml_:4 ,m 9=m,n on fil+ 9=m,n returns electronic,y is al availa# at _+www.cra.gc.ca/iref_:4 #hi b#ag #ij ,*apt] #f--,9come tax c#ag ,? *apt] 9troduces y 6! process ( report+ e>n+s & pay+ 9come tax on yr busi;s's pr(its4 ,x w expla9 h[ 6a3.t = :at yr busi;s e>ns1 & :at k9ds ( 9come y h 6report4 ,x al tells y :at exp5ses y >e all[$ 6deduct4 ,a3.t+ = yr e>n+s ,g5],y1 y h 6report busi;s 9come 7o!r ?an f>m+ or fi%+ 9come7 us+ ! a3rual me?od ( a3.t+4 ,f>m]s or fi%]s may use ! ca% me?od or ! a3rual me?od1 b n a -b9,n ( bo?4 ,! a3rual me?od ,"u ! a3rual me?od1 y h 6report 9come 9 ! fiscal p]iod y e>n x1 reg>d.s ( :5 y rcv pay;t4 ,simil>ly1 y deduct all[a# exp5ses 9 ! fiscal p]iod 9 : y 9cur !m1 :e!r or n y #ia ,*apt] #f d#ag pay = !m 9 t p]iod4 .,9cur usu,y m1ns y ei pd or w h 6pay ! exp5se4 ,! ca% me?od ,"u ! ca% me?od1 y report 9come 9 ! ye> 9 : x is rcvd 7:e!r 9 ca%1 prop]ty1 or s]vices7 & y deduct all[a# exp5ses z !y >e pd 9 ! ye> 9 : y actu,y pay !m1 except .prepd .exp5ses4 ,if y >e a f>m]1 fi%]1 or self-employ$ -mis.n$ sales ag5t1 y c use ! ca% me?od4 ,= m 9=m,n ab ! ca% me?od1 see ,guides ,t#djjb1 ,busi;s & ,profes.nal ,9come1 ,t#djjc1 ,f>m+ ,9come1 or ,t#djjd1 ,fi%+ ,9come4 ,h[ 6keep sales & exp5se j\rnals ,y %d keep a "d-to-"d record ( yr receipts & exp5ses4 ,keep ? record al;g ) yr duplicate deposit slips1 bank /ate;ts1 c.ell$ *eques1 & #ib ,*apt] #f e#ag receipts4 ,? w support yr sales rev5ue & exp5diture claims4 ,h[ 6record yr busi;s exp5se ,y c g5],y deduct .busi;s .exp5ses if y 9cur !m =! sole purpose ( produc+ 9come4 ,if y claim exp5ses1 y h 6be a# 6back up yr claim4 ,y d ? 0keep+ all yr busi;s-relat$ v\*]s & receipts1 & record+ all yr exp5ses 9 a j\rnal1 a -put]iz$ file1 or a s(tw>e a3.t+ program4 ,fiscal p]iod ,y h 6report yr busi;s 9come on an annual basis4 ,= sole proprietor%ips1 profes.nal corpor,ns t >e memb]s (a "pn]%ip1 & "pn]%ips 9 : at l1/ "o memb] is an 9dividual1 profes.nal corpor,n1 or ano!r a6ect$ "pn]%ip1 yr busi;s 9come is g5],y report$ on a cal5d>-ye> basis4 #ic ,*apt] #f f#ag ,if y >e a sole proprietor or if y >e 9 a "pn]%ip 9 : all ! memb]s >e 9dividuals1 y c elect 6h a non-cal5d> ye> fiscal p]iod4 ,6d ?1 use ,=m ,t#aaci1 ,reconcili,n ( ,busi;s ,9come = ,tax ,purposes1 6file yr elec;n4 ,y ne$ 6file ? =m 0a specific date4 ,= m 9=m,n1 see ,guide ,,rc#djae1 ,reconcili,n ( ,busi;s ,9come = ,tax ,purposes4 ,a corpor,n's tax ye> is xs fiscal p]iod4 ,a fiscal p]iod _c 2 l;g] ?an #ec weeks 7#cga "ds74 ,a .new corpor,n may *oose any tax ye>-5d z l;g z xs f/ tax ye> does n exce$ #ec weeks f ! date x 0 ei 9corporat$ or =m$ z a result ( an amalgam,n4 ,! corpor,n has 6file xs 9come tax return )9 six mon?s (! 5d ( xs fiscal p]iod4 ,:5 ! fiscal ye> 5ds on ! la/ "d (! mon?1 ! return is due on or 2f ! .la/ "d (! six? mon? af ! 5d (! tax ye>4 ,:5 ! fiscal ye> 5ds on a "d o!r ?an ! la/ "d (! mon?1 ! return is due on or 2f ! .same "d (! six? mon? af ! 5d (! tax ye>4 #id ,*apt] #f g#ag ,! rules gov]n+ fiscal p]iods >e -plicat$4 ,x is a gd idea 6get famili> ) !m 2f y get 96busi;s4 ,= m 9=m,n1 see ,guide ,,rc#djae1 & ,guide ,t#djjb4 ,note ,if y >e a ,,gst/,,hst regi/rant1 yr deci.n ab yr fiscal p]iod-5d = 9come tax purposes may a6ect yr ,,gst/,,hst report+ p]iods1 z well z yr fil+ & remitt+ due dates4 ,= m 9=m,n1 see ,guide ,,rc#djbb1 ,g5]al ,9=m,n = ,,gst/,,hst ,regi/rants1 or call #a-hjj-iei-eebe4 -------------------------------------#ah ,9come ,? "p gives y an ov]view (! busi;s 9come t y %d a3.t = 9 yr records = 9come tax purposes4 #ie ,types ( 9come a#ah ,dur+ ! ye>1 y may rcv 9come f yr busi;s & f s\rces o!r ?an yr actual sales4 ,if !y relate 6yr busi;s1 y h 69clude !m 9 yr busi;s 9come4 ,:at is busi;s 9come ,busi;s 9come 9cludes m"oy y e>n f a profes.n1 a trade1 a manufacture or "utak+ ( any k9d1 an adv5ture or 3c]n 9 ! nature ( trade1 or any o!r activ;y y c>ry on = pr(it & "! is evid;e 6support t 9t5;n4 ,= example1 9come f a s]vice busi;s is busi;s 9come4 ,h["e1 busi;s 9come does n 9clude .employ;t .9come1 s* z wages or sal>ies rcvd f an employ]4 ,note ,y h 6report all am.ts ( 9come t >e requir$ = calculat+ 9come = tax purposes4 ,if y fail 6report all yr 9come1 y may 2 subject 6a p5alty ( #if ,*apt] #f b#ah #aj@3p (! am.t ( 9come t y fail$ 6report4 ,h[ 6a3.t = yr busi;s 9come ,busi;s [n]s h 6provide 9=m,n ab _! busi;s 9come & exp5ses4 ,al? we a3ept o!r types ( f9ancial /ate;ts1 we 5c\rage y 6use ! foll[+ =ms if !y apply 6y3 --,=m ,t#babe1 ,/ate;t ( ,busi;s or ,profes.nal ,activities2 --,=m ,t#bjdb1 ,/ate;t ( ,f>m+ ,activities2 --,=m ,t#aafc1 ,/ate;t ;,a-- ,agri,/abil;y & ,agri,9ve/ ,programs ,9=m,n & ,/ate;t ( ,f>m+ ,activities = ,9dividuals2 --,=m ,t#aafd1 ,/ate;t ;,b-- ,agri,/abil;y & ,agri,9ve/ ,programs ,9=m,n & ,/ate;t ( ,f>m+ ,activities = ,a4i;nal ,f>m+ ,op],ns2 #ig ,*apt] #f c#ah --,=m ,t#abgc1 ,/ate;t ;,a-- ,h>moniz$ ,agri,/abil;y & ,agri,9ve/ ,programs ,9=m,n & ,/ate;t ( ,f>m+ ,activities = ,9dividuals2 --,=m ,t#abgd1 ,/ate;t ;,b-- ,h>moniz$ ,agri,/abil;y & ,agri,9ve/ ,programs ,9=m,n & ,/ate;t ( ,f>m+ ,activities = ,a4i;nal ,f>m+ ,op],ns2 & --,=m ,t#baba1 ,/ate;t ( ,fi%+ ,activities4 ,y w f9d 9/ruc;ns on -plet+ !m 9 ! 9come tax guides on \r ,web site4 ,we h design$ ^! =ms 6a3ommodate ! mo/ -mon types ( 9come & exp5se categories us$ 9 busi;s1 s x %d 2 easy = y 6set up yr a3.t+ records4 ,y may use ! categories 9clud$ on ^! =ms :5 y e/abli% yr a3.t+ records4 ,y m/ al record z 9come any am.t cr$it$ 6yr a3.t or set aside = y z pay;t = provid+ gds & s]vices4 ,? al 9cludes #ih ,*apt] #f d#ah am.ts cr$it$ 6yr a3.ts z (fsets ag/ an am.t y [e4 ,y m/ support all 9come 5tries 9 yr records ) orig9al docu;ts-sales 9voices1 ca% regi/] tapes1 receipts1 fee /ate;ts1 & 3tracts4 ,keep ! support+ docu;ts 9 *ronological or num]ical ord] & make !m availa# if we ask 6see !m4 ,y %d al keep a sep>ate record ( yr 9come f all o!r s\rces1 s* z profes.nal fees & 9come f prop]ty1 9ve/;ts1 taxa# capital ga9s1 e/ates1 tru/s1 employ;t1 & p5.ns4 ,bad debts ,if1 dur+ ! ye>1 y rcvd any am.t t y wrote (f z a .bad .debt 9 a previ\s ye>1 y h 69clude ! am.t 9 yr 9come =! curr5t ye>4 ,= m 9=m,n1 see ,9t]pret,n ,bullet9 ,,it-#ddb;,r1 ,bad debts & ,res]ves = ,d\bt;l ,debts4 #ii ,*apt] #f e#ah ,"! may 2 ,,gst/,,hst implic,ns on ! recov]y ( bad debts4 ,= m 9=m,n1 see ,guide ,,rc#djbb4 ,res]ves ,y h 6br+ any .res]ve y claim$ 9 a giv5 ye> back 969come 9 ! foll[+ ye>4 ,! ,9come ,tax ,act all[s y 6take a new res]ve bas$ on yr circum/.es at t "t4 ,= m 9=m,n1 see ,9t]pret,n ,bullet9 ,,it-#aed;,r1 ,special ,res]ves4 ,vac,n trips & aw>ds ,if y rcvd vac,n trips or o!r aw>ds ( any k9d 7s* z jewell]y or furniture7 z a result ( yr busi;s activities1 y m/ 9clude ! value ( ^! aw>ds 9 yr busi;s 9come4 ,vac,n trips & aw>ds may h ,,gst/,,hst implic,ns4 ,= m 9=m,n1 see ,guide ,,rc#djbb4 #ajj ,gov]n;t grants & f#ah subsidies ,if y rcv a grant or subsidy f a gov]n;t or gov]n;t ag5cy1 y h 6report x ei z 9come or z a reduc;n ( an exp5se4 ,g5],y1 a grant or subsidy3 --9cr1ses yr 9come or reduces yr exp5ses2 --relates 6an 9come defici5cy2 or --relates 6specific exp5ses4 ,= example1 if y >e a f>m] & y rcvd a pay;t 6subsidize yr 9come 9 a dr"\ ye>1 y wd add ! pay;t 6yr 9come4 ,h["e1 if y >e a busi;s t rcvs a gov]n;t employ;t grant 6all[ y 6hire m /ud5ts1 y wd g5],y deduct x f ! wage exp5se y >e claim+4 ,gov]n;t assi/.e t 5a#s y 6acquire capital prop]ty does n 9cr1se yr .net .9come4 ,h["e1 9 ! case ( .deprecia# .prop]ty1 y reduce ! capital -------------------------------------#ai co/ (! prop]ty 0! am.t (! assi/.e y rcvd4 ,9 ! case ( o!r capital prop]ty1 reduce ! adju/$ co/ base acly4 #aja ,*apt] #f a#ai ,= m 9=m,n1 see ,9t]pret,n ,bullet9 ,,it-#bgc;,r#b1 ,gov]n;t ,assi/.e-- ,g5]al ,-;ts4 ,surface r5tals = petroleum or natural gas explor,n ,if y h l& t y usu,y use 9 yr f>m+ or busi;s op],n1 & y >e l1s+ x \ = petroleum or natural gas explor,n1 y may h 69clude ! l1s+ proce$s 9 yr 9come ei z a capital receipt or z an 9come receipt4 ,= m 9=m,n1 see ,9t]pret,n ,bullet9 ,,it-#bjj1 ,surface ,r5tals & ,f>m+ ,op],ns4 ,r5tal 9come ,r5tal 9come c 2 ei 9come f prop]ty or 9come f busi;s4 ,9come f r5tal op],ns is usu,y 9come f prop]ty4 ,d n 9clude r5tal 9come1 :e!r f f>m prop]ty or r1l e/ate1 ) yr busi;s or #ajb ,*apt] #f b#ai f>m+ 9come4 ,y h 6report x sep>ately on yr tax return4 ,6det]m9e ! type ( r5tal 9come y h1 & h[ 6report x1 see ,guide ,t#djcf1 ,r5tal ,9come4 ,b>t] transac;ns ,a b>t] transac;n takes place :5 any two p]sons agree 6an ex*ange ( gds or s]vices1 & c>ry \ t ex*ange )\t us+ m"oy4 ,if y >e 9volv$ 9 a b>t] transac;n1 ! gds or s]vices y rcv cd 2 3sid]$ proce$s f a busi;s op],n4 ,if y >e 9 a busi;s or profes.n t provides gds or s]vices1 & y (f] ^! gds or s]vices 9 a b>t] transac;n 9 ex*ange = o!r gds or s]vices1 y h 69clude ! value (! gds or s]vices y provid$ 9 yr 9come4 ,b>t] transac;ns may al h ,,gst/,,hst implic,ns4 ,= m 9=m,n1 see ,guide ,,rc#djbb1 or call u at #a-hjj-iei-eebe4 #ajc ,sell+ a prop]ty c#ai ,if y sell a capital prop]ty1 y may h 69clude c]ta9 am.ts 9 yr 9come1 s* z3 --a recov]y ( capital co/ all[.e1 "kn z .recapture2 & --"p ( any capital ga9 y r1lize on ! sale4 ,g5],y1 y h a capital ga9 or a capital loss :5 y 4pose ( capital prop]ty4 ,= example1 if y sell a piece ( l& = m ?an x co/1 y h a capital ga9 z a result4 ,simil>ly1 if y sell ! l& = less ?an x co/1 y h a capital loss4 ,= m 9=m,n on .capital .ga9s & .capital .losses1 see ,guide ,t#djcg1 ,capital ,ga9s4 ,= special rules relat+ 6f>m]s1 see ,guide ,t#djjc4 ,"! may 2 ,,gst/,,hst implic,ns :5 y sell a prop]ty4 ,= m 9=m,n1 see ,guide ,,rc#djbb4 #ajd ,9v5tory & co/ ( gds sold d#ai ,6mat* exp5ses ) 9come1 y ne$ 6prep>e an annual 9v5tory4 ,? is usu,y a li/ ( gds held = sale4 ,if y >e a manufactur]1 ? 9cludes raw mat]ials z well z packag+ mat]ial & supplies1 "w-in-progress 7gds & s]vices t y h n yet -plet$ at ! 5d ( yr fiscal p]iod71 & f9i%$ gds t y h on h&4 ,9v5tory is us$ 9 ! calcul,n (! co/ ( gds sold1 : all[s ! calcul,n ( net 9come on ,=m ,t#babe4 ,h["e1 if y h a profes.nal practice & y >e an a3.tant1 d5ti/1 lawy]1 m$ical doctor1 not>y1 vet]9>ian1 or *iropractor1 y may elect 6exclude yr "w- in-progress :5 y det]m9e 9v5tory4 ,h[ 6value yr 9v5tory ,! value y place on ! items 9 yr ye>- 5d 9v5tory is important 9 det]m9+ yr 9come4 ,= 9come tax purposes1 ! two a3epta# me?ods ( valu+ yr 9v5tory >e 0det]m9+3 #aje ,*apt] #f e#ai --! fair m>ket value ( yr 5tire 9v5tory 7use ei ! price y wd pay 6replace an item1 or ! am.t y wd get if y sold an item72 or --! value ( 9dividual items 7or classes ( items1 if specific items >e n r1dily 4t+ui%a#7 9 ! 9v5tory1 at ei _! co/ or _! fair m>ket value1 :i*"e is l[]4 ,once y *oose a me?od ( 9v5tory valu,n1 y m/ 3t9ue 6use ? me?od 9 subsequ5t ye>s4 ,= m 9=m,n1 see ,9t]pret,n ,bullet9 ,,it-#dgc;,r1 ,9v5tory ,valu,n4 ,exp5ses ,? sec;n gives y an ov]view (! busi;s exp5ses t y c claim = 9come tax purposes4 ,= m 9=m,n1 g 6_+www.cra.gc.ca/business_: or see ,guide ,t#djjb4 #ajf ,:at >e busi;s exp5ses8 f#ai ,a busi;s exp5se is a co/ y 9cur =! sole purpose ( e>n+ busi;s 9come4 ,y m/ back up busi;s exp5se claims )a sales 9voice1 an agree;t ( pur*ase & sale1 a receipt1 or "s o!r v\*] t supports ! exp5diture4 ,if y pay ca% = any busi;s exp5ses1 2 sure 6get receipts or o!r v\*]s4 ,receipts %d 9clude ! v5dor's "n &! date4 ,runn+ a busi;s f yr home ,y c deduct exp5ses =! busi;s use (a "w space 9 yr home1 z l;g z y meet ."o ( ^! 3di;ns3 --x is yr pr9cipal place ( busi;s2 or --y use ! space only 6e>n yr busi;s 9come1 & y use x on a regul> & ongo+ basis 6meet yr cli5ts or cu/om]s4 #ajg ,*apt] #f #bj ,y c deduct a "p ( yr ma9t5.e co/s1 s* z h1t+1 home 9sur.e1 electric;y & cl1n+ mat]ials4 ,y c al deduct a "p ( yr prop]ty taxes1 mortgage 9t]e/1 & capital co/ all[.e 7,,cca74 ,6calculate ! "p y c deduct1 use a r1sona# basis1 s* z ! >ea (! "w space divid$ 0! total >ea ( yr home4 ,= m 9=m,n1 see ,guide ,t#djjb4 ,types ( op]at+ exp5ses ,p]sonal or liv+ exp5ses ,9 mo/ cases1 y _c deduct p]sonal & liv+ exp5ses1 except = travell+ exp5ses y 9cur 9 ! c\rse ( c>ry+ on a busi;s :ile away f home4 ,! g5]al rule is t y _c deduct \tlays or exp5ses t >e n relat$ 6e>n+ busi;s 9come4 #ajh ,prepd exp5ses a#bj ,a prepd exp5se is an exp5se y pay ah1d ( "t4 ,if y use ! a3rual me?od ( a3.t+1 claim any exp5se y prepay 9 ! ye> or ye>s 9 : y rcv ! relat$ b5efit4 ,= m 9=m,n1 see ,9t]pret,n ,bullet9 ,,it-#dag;,r#b1 ,prepd ,exp5ses & ,def]r$ ,*>ges4 ,a3.t+ & legal fees ,y c deduct ! fees y 9curr$ = ext]nal profes.nal advice or s]vices1 9clud+ 3sult+ fees4 ,y c deduct a3.t+ & legal fees y 9cur 6get advice & help 9 keep+ yr records4 ,y c al deduct fees y 9cur = prep>+ & fil+ yr 9come tax & ,,gst/,,hst returns4 ,= m 9=m,n1 see ,9t]pret,n ,bullet9 ,,it-#ii;,r#e-,,3solid1 ,legal & ,a3.t+ ,fees4 #aji ,adv]tis+ exp5ses b#bj ,y c deduct exp5ses = adv]tis+1 9clud+ ads 9 ,canadian newspap]s & on ,canadian televi.n & radio /,ns4 ,y c al 9clude any am.t y pd z a f9d]'s fee4 ,c]ta9 re/ric;ns apply 6! am.t (! exp5se y c deduct = adv]tis+ 9 a p]iodical4 ,y c deduct all ! exp5se if yr adv]tis+ is direct$ 6a ,canadian m>ket &! orig9al $itorial 3t5t 9 ! issue is #hj@3p or m (! total non-adv]tis+ 3t5t 9 ! issue4 ,y c deduct #ej@3p (! exp5se if yr adv]tis+ 9 a p]iodical is direct$ 6a ,canadian m>ket &! orig9al $itorial 3t5t 9 ! issue is less ?an #hj@3p (! total non-adv]tis+ 3t5t 9 ! issue4 ,y _c deduct exp5ses = adv]tis+ direct$ ma9ly 6a ,canadian m>ket :5 y adv]tise )a =eign broadca/]4 #aaj ,busi;s tax1 fees1 lic;es1 c#bj & dues ,y c deduct any annual lic;e fees & busi;s taxes y 9cur 6run yr busi;s4 ,y c al deduct annual dues or fees 6keep yr memb]%ip 9 a trade or -m]cial associ,n4 ,h["e1 y _c deduct club memb]%ip dues 79clud+ 9iti,n fees7 ": ! ma9 purpose (! club is 6provide d9+1 recre,nal1 or sport+ facilities = xs memb]s4 ,9sur.e exp5ses ,y c deduct all regul> -m]cial 9sur.e premiums y 9cur on any build+s1 ma*9]y1 & equip;t t y use = yr busi;s4 ,9t]e/ & bank *>ges ,y c deduct ! 9t]e/ y 9cur on m"oy y borr[ 6run yr busi;s4 ,h["e1 "! >e "s limits4 #aaa ,*apt] #f d#bj ,"! is a limit on ! 9t]e/ y c deduct on m"oy y borr[ 6buy a pass5g] vehicle4 ,= m 9=m,n1 see 8,motor vehicle exp5ses0 9 ,guide ,t#djjb4 ,"! is al a limit on ! am.t ( 9t]e/ y c deduct = vacant l&4 ,y c *oose 6capitalize ! 9t]e/ y pay on ! m"oy y borr[ =! foll[+ purposes3 --6buy deprecia# prop]ty2 --6buy a res\rce prop]ty2 or --= explor,n & develop;t4 ,9 ! case ( explor,n & develop;t1 :5 y *oose 6capitalize 9t]e/1 y add ! 9t]e/ 6ei ! co/ (! prop]ty or ! explor,n & develop;t co/s4 ,d n deduct ! capitaliz$ 9t]e/ z a curr5t exp5se4 ,see 8,9t]e/0 9 ,guide ,t#djjb4 ,if y ne$ m 9=m,n1 call #a-hjj-iei-eebe4 ,ma9t5.e & repairs ,y c deduct ! co/ ( lab\r & mat]ials = any m9or repairs or ma9t5.e d"o #aab ,*apt] #f e#bj 6prop]ty y use 6e>n 9come4 ,h["e1 y _c deduct ! value ( yr [n lab\r4 ,y _c deduct co/s y 9cur = repairs t >e capital 9 nature4 ,h["e1 y may 2 a# 6claim ,,cca on ! repair$ prop]ty4 ,a capital exp5se g5],y gives a la/+ b5efit or advantage4 ,= example1 ! co/ ( putt+ v9yl sid+ on ! ext]ior walls (a wood5 h\se is a capital exp5se4 ,= m 9=m,n ab capital co/ all[.e1 see ,guide ,t#djjb4 ,m1ls & 5t]ta9;t ,! maximum "p y c claim = food1 b"eages1 & 5t]ta9;t exp5ses is #ej@3p ( ei ! am.t y 9cur or an am.t t is r1sona# 9 ! circum/.es1 :i*"e is less4 ,! #ej@3p limit al applies 6! co/ ( yr m1ls :5 y travel or g 6a 3v5;n1 3f];e1 or simil> ev5t4 ,h["e1 special rules c a6ect yr claim = m1ls 9 ^! cases4 ,= m 9=m,n1 see 8,m1ls & 5t]ta9;t10 8,3v5;n exp5ses10 or 8,travel10 9 ,guide ,t#djjb4 #aac ,*apt] #f #ba ,= m 9=m,n1 see ,9t]pret,n ,bullet9 ,,it-#eah;,r1 ,food1 ,b"eages1 & ,5t]ta9;t ,exp5ses4 ,motor vehicle exp5ses ,y c deduct exp5ses y 9cur 6run a motor vehicle t y use 6e>n busi;s 9come4 ,h["e1 s"eal factors c a6ect yr deduc;n4 ,:at k9d ( vehicle d y [n8 ,! k9d ( vehicle y [n c a6ect ! exp5ses y deduct4 ,= 9come tax purposes1 "! >e two types ( vehicles 7see 8,def9i;ns10 on page #d73 --,motor vehicle2 & --,pass5g] vehicle4 ,= m 9=m,n ab capital co/ all[.e limits1 9t]e/ limits1 & l1s+ co/s1 see ,guide ,t#djjb4 ,y c deduct motor vehicle exp5ses only :5 !y >e r1sona# & y h receipts 6support !m4 #aad ,*apt] #f a#ba ,! types ( exp5ses y c deduct 9clude3 --fuel & oil2 --ma9t5.e & repairs2 --9sur.e2 --lic;e & regi/r,n fees2 --capital co/ all[.e2 --9t]e/ y pay on a loan us$ 6buy ! motor vehicle2 & --l1s+ co/s4 ,= m 9=m,n ab motor vehicles1 see ,guide ,t#djjb4 ,(fice exp5ses ,y c deduct ! co/ ( (fice exp5ses1 : 9clude small items s* z p5s1 p5cils1 pap] clips1 /,n]y1 & /amps4 ,(fice exp5ses d n 9clude items s* z calculators1 fil+ cab9ets1 *airs1 & desks1 : >e capital items4 ,= m 9=m,n1 see ,guide ,t#djjb4 #aae ,sal>ies1 9clud+ employ]'s b#ba 3tribu;ns ,y c deduct sal>ies y pay 6employees4 ,y report ^! sal>ies 0! 5d ( ,febru>y on a ,t#d slip1 ,/ate;t ( ,remun],n ,pd1 or ,t#d;,a slip1 ,/ate;t ( ,p5.n1 ,retire;t1 ,annu;y & ,o!r ,9come4 ,= m 9=m,n on ^! slips1 see ,guide ,t#djja1 ,employ]s' ,guide--,payroll ,deduc;ns & ,remitt.es4 ,c y deduct busi;s />t-up co/s8 ,6be a# 6deduct a busi;s exp5se1 y _h 6h c>ri$ on a busi;s 9 ! fiscal p]iod 9 : ! exp5se 0 9curr$4 ,2c ( ?1 y h 6be v cle> ab ! date yr busi;s />t$4 ,det]m9+ exactly :at y c claim z a />t-up exp5se c 2 di6icult4 ,= m 9=m,n1 see ,9t]pret,n ,bullet9 ,,it-#cfd1 ,-m;e;t ( ,busi;s ,op],ns1 or ,guide ,,rc#djbb4 #aaf ,*apt] #g--,audits c#ba ,:at is an audit8 ,audit+ is a way =! ,,cra 6monitor & 9spect ,,gst/,,hst & 9come tax returns1 excise taxes & duties1 & payroll records4 ,al? "! is a hi< /&>d ( -pli.e )! law 9 ,canada1 audits help u ma9ta9 public 3fid;e 9 ! fair;s & 9tegr;y ( ,canada's tax sy/em4 ,h[ we select files 6audit ,yr tax return is record$ 9 a -put] sy/em t 5a#s u 6select returns 6be audit$4 ,! sy/em al all[s u 6sort returns 96v>i\s gr\ps 6help ) \r selec;n4 ,9 "s cases1 we -p>e select$ f9ancial 9=m,n = curr5t & previ\s ye>s ( taxpay]s 5gag$ 9 simil> busi;ses or o3up,ns4 ,f -put]-g5]at$ li/s ( returns = pot5tial audit1 we !n *oose specific returns4 #aag ,*apt] #g d#ba ,mo/ returns >e select$ 9 ? way4 ,b "! >e f\r -mon ways ( select+ files4 #a4 ,-put]-g5]at$ li/s ,mo/ returns >e select$ = audit review f -put]-g5]at$ li/s4 ,= example1 ! -put] sy/em c -p>e select$ f9ancial 9=m,n ( taxpay]s 5gag$ 9 simil> busi;s or o3up,ns & g5]ate li/s ( returns ) audit pot5tial4 ,f ^! li/s1 we *oose specific returns 6be audit$4 #b4 ,audit projects ,9 "s cases1 we te/ ! -pli.e (a "picul> gr\p ( taxpay]s4 ,if ! te/ results 9dicate t "! is significant non-compli.e )9 ! gr\p1 we may audit xs memb]s on a local1 regional1 or n,nal basis4 #c4 ,l1ds ,l1ds 9clude 9=m,n f o!r audits or 9ve/ig,ns1 z well z 9=m,n f \tside s\rces4 #aah ,*apt] #g e#ba #d4 ,second>y files ,"s"ts we select files = audit 2c ( _! associ,n ) o!r previ\sly select$ files4 ,= example1 if y >e 9 "pn]%ip ) ano!r taxpay]1 & t p]son's file has be5 select$ = audit1 x is usu,y m 3v5i5t 6exam9e all ! records at ! same "t4 ,h[ we 3duct audits ,if yr return is select$1 an auditor w review yr records at a ,,cra (fice 7(fice audit7 or at yr place ( busi;s 7field audit74 ,! audit usu,y 9cludes an exam9,n (! foll[+ docu;ts3 --9=m,n on file at ! ,,cra1 s* z ! returns select$ = audit1 f9ancial /ate;ts1 audit reports f previ\s audits1 if any2 & -------------------------------------#bb --yr busi;s records 9clud+ yr l$g]s1 j\rnals1 bank a3.ts1 sales #aai ,*apt] #g a#bb 9voices1 pur*ase v\*]s1 & exp5se a3.ts4 ,! auditor w 3tact y & ei reque/ t y s5d specific records 6a ,,cra (fice1 or >range a 3v5i5t date & "t 6/>t ! audit at yr place ( busi;s4 ,if a field audit is requir$1 ^u >riv+ at yr place ( busi;s1 ! auditor w pres5t an id5tific,n c>d4 ,2f exam9+ yr records1 ! auditor may want 64cuss ! g5]al nature ( yr busi;s1 or t\r ! premises 6get a bett] "u/&+ (! transac;ns record$ 9 yr books4 ,"?\t ! process1 ! auditor may ne$ 6get 9=m,n & help f yr employees1 "picul>ly ^? :o d yr a3.t+4 ,delays 9 ! audit1 & h[ 6avoid !m ,! "t an audit takes dep5ds on ! /ate ( yr a3.t+ records & relat$ docu;ts1 z #abj ,*apt] #g b#bb well z ! size & -plex;y ( yr busi;s4 ,yr co-op],n w help keep ? "t 6a m9imum4 ,well-kept records w reduce ! "t requir$ 6-plete ! audit4 ,ref] 6! record-keep+ guidel9es on page #aa ( ? guide4 ,f9aliz+ an audit ,:5 ! audit is -plet$1 ! auditor may propose c]ta9 adju/;ts 6yr return4 ,he or %e w prep>e a summ>y (! propos$ adju/;ts4 ,9iti,y1 ! auditor w 4cuss ? ) y or yr repres5tative4 ,if y reque/ x1 or if x is r1sona# 6expect t y w ne$ "s "t 6analyze ! propos$ adju/;ts1 ! auditor w 3firm ! proposal 9 writ+ & all[ a r1sona# "t = yr reply4 ,if y provide a4i;nal 9=m,n )9 ? p]iod1 ! auditor w 3sid] x & w issue a new proposal lr1 if applica#4 #aba ,*apt] #g c#bb ,if "! >e no propos$ adju/;ts 6yr return1 ! auditor w 9=m y ( ? :5 ! audit is -plet$4 ,if "! >e *anges1 y w 2 issu$ a .notice .( .assess;t or a notice ( reassess;t4 ,note ,! auditor's role is 6det]m9e ! correct am.t ( duty or .tax .paya#4 ,? may m1n t yr taxes w 2 reduc$ & y w get a refund z a result4 ,"ugr.d economy ,! "ugr.d economy typic,y 9volves -m]cial activ;y t is unreport$ = tax purposes4 ,x is ( 3c]n 6! ,,cra1 z well z prov9cial1 t]ritorial & municipal jurisdic;ns1 & all law-abid+ busi;ses & 9dividuals acr ! c.try4 ,! "ugr.d economy hurts all ,canadians4 ,^? :o "picipate 9 ! "ugr.d economy avoid _! tax #abb ,*apt] #g d#bb responsibilities at yr exp5se1 & place an unfair burd5 on all law-abid+ taxpay]s4 ,unpd taxes m1n less m"oy = programs1 s* z h1l? c>e1 *ildc>e1 employ;t 9sur.e & p5.ns4 ,"k ! busi;ses & 9dividuals ) :om y >e d1l+1 & use ! 9=m,n at yr 4posal1 9clud+ \r ,web site 6recognize ^? :o >e "picipat+ 9 ! "ugr.d economy4 ,= m 9=m,n1 g 6_+www.cra.gc.ca/undergroundeconomy_:4 ,tax ,al]t ,protect yrf6 ,! ,,cra "ks t mo/ taxpay]s1 giv5 ! prop] tools & 9=m,n1 w volunt>ily meet _! tax oblig,ns4 ,! ,,cra web site 3ta9s 9=m,n t w help taxpay]s "u/& h[ 6protect !mvs ag/ tax s*emes1 & "u/& ! 3sequ;es !y mie #abc ,*apt] #g e#bb expos$ 60pay+ ca% = home r5ov,ns4 ,& "s taxpay]s don't "k t "picipat+ 9 c]ta9 tax %elt] s*emes 6avoid pay+ taxes cd m1n n only a loss ( _! pr9cipal1 ! repay;t ( taxes [$1 & p5alties & 9t]e/-- x cd al l1d 6f9es & imprison;t4 ,9=m,n is ! key6 ,= m 9=m,n ab h[ 6protect yrf ag/ tax s*emes1 g 6_+www.cra.gc.ca/alert_:4 #abd ,*apt] #h--,objec;ns & f#bb app1ls ,:at 6d if y 4agree )a tax assess;t ,if y d n "u/& or y 4agree ) an .assess;t1 call #a-hjj-iei-hbha4 ,y c al write 6! .tax .c5tre t d1lt ) yr return4 ,we resolve _m pro#ms ) assess;ts 9 ? way4 ,if y employ ! s]vices (a tax profes.nal1 y may wi% 63sult ) t p]son4 ,if y 4agree )! assess;t y h ! "r 6file an objec;n4 ,! objec;n process ,"u 9come tax1 ,,gst/,,hst & ,excise legisl,n1 y c file an objec;n if y 4agree ) yr notice ( assess;t or notice ( reassess;t & y ?9k t ! law has be5 appli$ 9correctly4 ,9come tax--,y c d ? 0us+ ! 8,regi/] my =mal 4pute0 op;n at ,my ,a3.t 0go+ 6_+www.cra.gc.ca/myaccount_:1 or #abe ,*apt] #h g#bb 0s5d+ ,=m ,t#djj;,a1 ,objec;n--,9come ,tax ,act1 or a sign$ lr a4ress$ 6! ,*ief ( ,app1ls1 at yr designat$ ,app1ls ,9take ,c5tre4 -------------------------------------#bc ,resid5ts (! prov9ces we/ ( ,ont>io &! ?ree t]ritories %d s5d ! objec;n 6! foll[+ a4ress3 ,we/]n ,9take ,c5tre ,burnaby/,fras] ,tax ,s]vices ,(fice 7,,tso7 #igcg ,k+ ,george ,b\lev>d ,,po ,box #ijgj ,/,n ,ma9 ,surrey ,,bc ,v#c;,t #e;,w#f ,resid5ts ( ,ont>io & prov9ces ea/ %d s5d ! objec;n 6! foll[+ a4ress3 ,sudbury ,9take ,c5tre ,sudbury ,,tso ,app1ls ,divi.n #ajej ,notre ,dame ,av5ue ,sudbury ,,on ,p#c;,a #e;,c#a #abf ,*apt] #h a#bc ,= m 9=m,n1 g 6_+www.cra.gc.ca/resolvingdisputes_:4 ,if y >e an 9dividual 7o!r ?an a tru/7 or if y >e fil+ =a te/a;t>y tru/1 y m/ file yr objec;n 0! lat] (3 --"o ye> af ! due date (! return2 or --#ij "ds af ! date we mail$ yr notice ( assess;t or notice ( reassess;t4 ,9 e o!r case1 y h 6file yr objec;n )9 #ij "ds (! "d we mail$ ! notice ( assess;t or notice ( reassess;t4 ,,gst/,,hst--,you m/ use ,=m ,,gst#aei1 ,notice ( ,objec;n 7,,gst/,,hst71 6file yr objec;n4 ,s5d x 6! ,*ief ( ,app1ls at yr designat$ ,app1ls ,9take ,c5tre )9 #ij "ds (! "d we mail ! notice ( assess;t or notice ( reassess;t4 ,:5 we rcv yr objec;n1 ! ,app1ls ,divi.n w 3duct an 9dep5d5t im"pial review (! assess;t4 ,if ! ,*ief ( ,app1ls agrees ) y 9 :ole or 9 "p1 we w adju/ yr return & s5d y a notice #abg ,*apt] #h b#bc ( reassess;t4 ,h["e1 if ! ,*ief ( ,app1ls 4agrees1 we w s5d y a notice ( 3firm,n 3firm+ t ! assess;t 0 correct4 ,9 ! prov9ce ( ,quebec1 ,rev5u ,qu@ebec adm9i/]s ! ,,gst/,,hst4 ,6get 9=m,n on "t limits & h[ 6file an objec;n 6a ,,gst assess;t or reassess;t1 3tact ,rev5u ,qu@ebec directly4 ,= m 9=m,n1 visit _! ,web site at _+www.revenu.gouv.qc.ca/en/entreprise/_& taxes/tvq__tps/default.aspx_:4 ,excise ,act1 #bjja--,y m/ use ,=m ,e#fhj1 ,notice ( ,objec;n 7,excise ,act1 #bjja71 6file yr objec;n )9 #ij "ds (! "d we mail$ ! notice ( assess;t or notice ( reassess;t4 ,s5d yr objec;n 6! foll[+ a4ress3 ,assi/ant ,-mis.n]1 ,app1ls ,bran* f\rte5? ,floor #bej ,alb]t ,/reet ,ottawa ,,on ,k#a;,a #j;,l#e #abh ,*apt] #h c#bc ,o!r taxes--,use "o (! foll[+ =ms 6file yr objec;n 6an assess;t "u ! non- ,,gst/,,hst por;ns (! ,excise ,tax ,act1 ! ,s(twood ,lumb] ,products ,export ,*>ge ,act1 #bjjf1 or ! ,air ,travell]s ,secur;y ,*>ge ,act4 ,s5d ! -plet$ objec;n ,=m ,e#dac1 ,notice ( ,objec;n 7,excise ,tax ,act71 ,=m ,,rc#de1 ,notice ( ,objec;n 7,s(twood ,lumb] ,products ,export ,*>ge ,act1 #bjjf71 or ,=m ,e#fgf1 ,notice ( ,objec;n 7,air ,travell]s ,secur;y ,*>ge ,act7 6! a4ress provid$ on ! back (! =m4 ,,cpp/;,,ei--,if y ?9k we h mis9t]pret$ ! facts or appli$ ! law 9correctly1 y h ! "r 6.app1l assess;ts & rul+s relat$ 6! ,,cpp & ;,,ei4 ,6file an app1l 6! ,m9i/]1 y c3 --use ,my ,busi;s ,a3.t2 --mail yr app1l directly 6! ,,cpp/;,,ei ,app1ls (fice locat$ 9 yr region or 6any ,,tso2 --if y want 6app1l a rul+ ( ,,cpp &/or ;,,ei1 y c use ,=m #abi ,*apt] #h d#bc ,,cpt#ajj1 ,app1l (a ,rul+ "u ! ,canada ,p5.n ,plan &/or ,employ;t ,9sur.e ,act2 or --if y want 6app1l an assess;t ( ,,cpp &/or ;,,ei1 y c use ,=m ,,cpt#aja1 ,app1l ( an ,assess;t "u ! ,canada ,p5.n ,plan &/or ,employ;t ,9sur.e ,act4 ,9 all cases1 y c *oose 6s5d a lr detail+ yr reque/1 sign$ 0! appellant or 0an au?oriz$ (fic] (! corpor,n4 ,tax ,c\rt ( ,canada ,if y / d n agree1 y c app1l \r deci.n 6! ..,tax ,c\rt ( .,canada4 ,y h #ij "ds f ! date we mail \r deci.n on yr objec;n 7a notice ( reassess;t or a notice ( 3firm,n74 ,y c al file an app1l 6! ,tax ,c\rt ( ,canada if we d n notify y ( \r deci.n )9 #ij "ds (! date y fil$ yr 9come tax objec;n1 or )9 #ahj "ds (! date y fil$ a ,,gst/,,hst or excise duty objec;n4 #acj ,*apt] #h e#bc ,! ,tax ,c\rt ( ,canada d1ls ) app1ls "u ! 9=mal or g5]al proc$ure4 ,9=mal proc$ure ,? proc$ure is design$ 6resolve less -plex cases 9volv+ small] am.ts ( taxes1 9t]e/1 & p5alties4 ,y h 69dicate 9 yr app1l t y want ! ,c\rt 6he> yr case "u ? proc$ure4 ,"? a s]ies ( /rict "t frames built 96? proc$ure1 deci.ns %d 2 made )9 ab six mon?s (! date y fil$ yr app1l4 ,deci.ns >e f9al & n subject 6app1l4 ,h["e1 !y >e subject 6judicial review 0! ,f$]al ,c\rt ( ,app1l4 ,g5]al proc$ure ,if y d n elect 6h yr app1l he>d "u ! 9=mal proc$ure1 x w 2 he>d "u ! g5]al proc$ure4 #aca ,*apt] #h f#bc ,? is a m =mal process t 9cludes3 --fil+ a writt5 notice ( app1l2 --pay+ a fil+ fee2 --re/rict+ repres5t,n 9 c\rt 6ei y or yr lawy]2 -------------------------------------#bd --aw>d+ co/s 6ei "py 7! pla9tiff or ! def5dant74 ,! ,f$]al ,c\rt ( ,app1l reviews app1ls 0ei "py ( deci.ns made "u ? proc$ure4 ,f$]al ,c\rt ( ,app1l ,if ei y or ! ,m9i/] ( ,n,nal ,rev5ue want 6app1l a deci.n ! ,tax ,c\rt ( ,canada made "u ! g5]al proc$ure1 ! app1l m/ 2 fil$ )! ,f$]al ,c\rt ( ,app1l no lat] ?an #cj "ds af ! deci.n4 ,ei "py c reque/ t ! ,f$]al ,c\rt ( ,app1l review a deci.n ! ,tax ,c\rt ( ,canada made "u ! 9=mal proc$ure4 ,! ,f$]al ,c\rt review w 2 re/rict$ 6"qs ( law & jurisdic;n4 ,an applic,n = #acb ,*apt] #h a#bd ? type ( review has 6be fil$ no lat] ?an #cj "ds af ! deci.n (! ,tax ,c\rt ( ,canada4 ,supreme ,c\rt ( ,canada ,y c app1l a judge;t (! ,f$]al ,c\rt ( ,app1l 6! ,supreme ,c\rt ( ,canada4 ,h["e1 y f/ h 6get ! ,supreme ,c\rt's p]mis.n4 ,collec;n ( 4put$ am.ts ,if y object 6or app1l an 9come tax assess;t1 we usu,y po/p"o collec;n ac;n on am.ts 9 4pute until #ij "ds af we mail \r deci.n 6y4 ,we w n po/p"o collec;n ac;n on "s 4put$ am.ts1 s* z employees' 9come tax t y 7 requir$ 6)hold & remit4 ,y d n h 6pay ! tax y >e 4put+ :ile y >e wait+ =! ,,cra or a c\rt 6settle yr app1l4 ,h["e1 ^! taxes >e / subject 6! usual 9t]e/ *>ges4 ,2f y app1l a #acc ,*apt] #h b#bd l[] c\rt's deci.n 6a hi<] c\rt1 y h 6pay ! tax 9 4pute or po/ a3epta# secur;y4 ,if y lose yr app1l 6! ,tax ,c\rt ( ,canada1 we w resume collec;n ac;n ev5 if y app1l ! ,c\rt's deci.n4 ,h["e1 we w a3ept secur;y = pay;t :ile yr app1l is \t/&+4 ,if y object 6a ,,gst/,,hst assess;t1 collec;n ac;n may 2 po/pon$4 ,h["e1 y may po/ a3epta# secur;y :ile we >e review+ yr objec;n4 #acd ,*apt] #i--,at yr s]vice c#bd ,y c get 9=m,n & 3duct o!r types ( busi;s 0go+ 6_+www.cra.gc.ca_: or 0call+ #a-hjj-iei-eebe = busi;s 5quiries4 ,"s public,ns & s]vices >e al availa# at ,s]vice ,canada ,c5tres4 ,y c 3tact ^! (fices = writt5 9=m,n on 9come tax1 cu/oms duties & t>i6s1 & ,,gst/,,hst programs4 ,electronic s]vices = busi;ses ,electronic s]vices help busi;ses 0/r1ml9+ -munic,ns )! ,,cra & simplify+ ! prep>,n & submis.n ( tax 9=m,n4 ,take advantage (! gr[+ l9e ( secure electronic s]vices t we (f]4 ,65sure ! privacy & secur;y ( yr 9=m,n1 we use m1sures s* z firewalls & "o (! mo/ secure =ms ( 5cryp;n availa# 9 ,nor? ,am]ica4 ,we use ! same level ( 5cryp;n z ,nor?-,am]ican f9ancial 9/itu;ns4 #ace ,mak+ onl9e reque/s d#bd ,y c reque/ c]ta9 f9ancial ac;ns 7s* z a pay;t se>*1 cr$it transf]1 or 9t]e/ review7 6be process$ on ,,gst/,,hst1 corpor,n 9come tax1 excise tax1 excise duty1 & o!r levies a3.ts4 ,! ,onl9e ,reque/s = ,busi;s s]vice al a3epts reque/s =! foll[+ items3 --a4i;nal remitt.e v\*]s --cu/omiz$ /ate;ts --copies ( previ\sly issu$ -munic,n items 7i4e4 notices1 /ate;ts7 --*anges 6mail+ 9/ruc;ns 7/op/re/>t a3.t /ate;ts1 & remitt.e v\*]s & 5velopes7 ,= m 9=m,n or 6a3ess ? 3v5i5t s]vice1 g 6_+www.cra.gc.ca/requests-business_:4 ,? s]vice is al availa# at _+www.cra.gc.ca/representatives_:1 if y >e an au?oriz$ repres5tative or employee1 or _+www.cra.gc.ca/mybusinessaccount_:1 if y >e ! busi;s [n]4 #acf ,*apt] #i e#bd ,onl9e ,reque/s is .n 9t5d$ = g5]al busi;s 5quiries4 ,= s* 5quiries1 call #a-hjj-iei-eebe4 ,regi/]+ yr busi;s ,busi;s ,regi/r,n ,onl9e is a "o-/op regi/r,n s]vice t all[s y 6apply =a ,,bn )! ,,cra & regi/] = programs adm9i/]$ 0,briti% ,columbia1 ,nova ,scotia1 & ,ont>io4 ,y c al use ? onl9e s]vice if y alr h a ,,bn & ne$ 6regi/] = any (! f\r major program a3.ts 7,,gst/,,hst1 payroll deduc;ns1 corpor,n 9come tax1 & import/export74 ,busi;ses )a physical a4ress 9 ,quebec t ne$ a ,,gst a3.t w 2 automatic,y l9k$ 6! ,rev5u ,qu@ebec ,web site4 ,= m 9=m,n1 g 6_+www.cra.gc.ca/bro_:4 #acg ,fil+ returns f#bd ,file yr p]sonal 9come tax return us+ ,,netfile ,,netfile is "o ( \r electronic tax- fil+ op;ns4 ,? transmis.n s]vice all[s y 6file yr p]sonal 9come tax return directly )! ,,cra us+ ! ,9t]net4 ,y c only transmit yr [n tax return 6! ,,cra us+ ,,netfile4 ,au?oriz$ repres5tatives _c transmit tax returns on 2half ( _! cli5ts via ,,netfile4 ,:5 y use ,,netfile1 y _c *ange any ( yr p]sonal 9=m,n s* z yr "n1 a4ress1 date ( bir?1 or direct deposit 9=m,n4 -------------------------------------#be ,if y h regi/]$ )! ,my ,a3.t s]vice1 y c *ange yr a4ress prior 6us+ ,,netfile 0go+ 6_+www.cra.gc.ca/myaccount_:4 ,if y >e n regi/]$1 call #a-hjj-gad-gbeg 6make ! nec *anges 6yr a4ress 2f us+ ,,netfile4 #ach ,file yr corpor,n 9come a#be tax return ov] ! ,9t]net ,y c file yr corpor,n 9come tax return directly )! ,,cra us+ ! ,9t]net4 ,y w b5efit f fa/] process+ & refunds1 less pap] use1 & l[] mail+ & c\ri] co/s4 ,= tax ye>s 5d+ af #bjji1 all corpor,ns ) annual gross rev5ue ( m ?an 4#a million w h 6,9t]net file _! ,t#b return4 ,busi;ses c use ,,cra's ,corpor,n ,9t]net ,fil+ s]vice1 or file "? ,my ,busi;s ,a3.t1 or au?oriz$ repres5tatives c file "? ,repres5t a ,cli5t )\t a ,web a3ess code4 ,= tax ye>s 5d+ af #bjaj1 a p5alty = non- compli.e w 2 *>g$ if a corpor,n t is requir$ 6,9t]net file does n -ply )! require;t4 ,once a corpor,n 9come tax return has be5 prep>$ us+ ,,cra,'-c]tifi$ -m]cial s(tw>e1 simply a3ess ! ,corpor,n ,9t]net ,fil+ ,web site1 foll[ ! easy-to-use 9/ruc;ns1 & transmit ! return4 ,y w rcv imm 3firm,n t ! return has be5 #aci ,*apt] #i b#be a3ept$ = process+4 ,if y 5c.t] pro#ms s5d+ ! electronic return1 onl9e messages w help y correct !m4 ,:5 y regi/] )! ,,cra = direct deposit 0s5d+ u ,=m ,t#b-;,,dd1 ,direct ,deposit ,reque/ ,=m = ,corpor,ns1 yr refund w 2 9 yr a3.t ! same "d we wd h mail$ yr *eque4 ,6take advantage ( ? s]vice1 simply -plete & s5d u ,=m ,t#b-,,dd1 availa# at _+www.cra.gc.ca/dd-bus_:4 ,= m 9=m,n1 g 6_+www.cra.gc.ca/corporation-internet_: or call ! ,corpor,n ,9t]net ,fil+ ,help ,desk at #a-hjj-iei-bhjc4 ,m&atory electronic fil+ = ,,gst/,,hst regi/rants ,mo/ ,,gst/,,hst regi/rants >e requir$ 6file _! ,,gst/,,hst return electronic,y4 ,! fil+ op;ns availa# 6y dep5d on yr report+ circum/.es4 #adj ,*apt] #i c#be ,= m 9=m,n on electronic fil+ ,,gst/,,hst returns op;ns1 g 6_+www.cra.gc.ca/gsthst-filing_:4 ,y may al 2 a# 6electronic,y file yr return & make yr pay;t "? a "picipat+ f9ancial 9/itu;n or ?ird-"py s]vice provid]4 ,3tact yr local bran* or s]vice provid] 6see if !y (f] ? s]vice1 or g 6_+www.cra.gc.ca/gsthst-edi_:4 ,note ,eligi# corpor,n 9come tax1 ,,gst/,,hst1 & 9=m,n returns c 2 fil$ electronic,y 0busi;s [n]s "? ,my ,busi;s ,a3.t1 or 0au?oriz$ repres5tatives "? ,repres5t a ,cli5t4 ,! ,,gst/,,hst ,regi/ry ,! ,,gst/,,hst ,regi/ry is an onl9e s]vice t all[s y 6validate ! ,,gst/,,hst numb] (a busi;s1 : helps 65sure t claims submitt$ = ,,itc's only 9clude #ada ,*apt] #i d#be ,,gst/,,hst *>g$ 0suppli]s :o >e regi/]$ = ,,gst/,,hst4 ,= m 9=m,n1 g 6_+www.cra.gc.ca/gsthstregistry_:4 ,y c validate ! ,quebec ,sales ,tax 7,,qst7 regi/r,n numb] 0a3ess+ ! ,,qst regi/ry on ! ,rev5u ,qu@ebec ,web site at _+www.revenu.gouv.qc.ca/en/sepf/_& services/sgp__validation__tvq/_& default.aspx_:4 ,gett+ help ,6get te*nical help us+ ,my ,busi;s ,a3.t1 ,,gst/,,hst ,,netfile1 ,,gst/,,hst ,,telefile1 ,9=m,n ,returns ,electronic ,fil+1 ,repres5t a ,cli5t1 or ! ,payroll ,deduc;ns ,onl9e ,calculator1 call #a-hgg-cbb-ghdi &= ,teletypewrit] 7,,tty71 call #a-hhh-gfh-jiea4 ,! foll[+ ta# %[s _! h\rs ( s]vice3 #adb ;,e-s]vice ,helpdesk h\rs e#be ( s]vice ,"t z"o3 ,pacific "t ,mon"d 6,fri"d3 #c3de a4m4 6#e3jj p4m4 ,"t z"o3 ,m.ta9 "t ,mon"d 6,fri"d3 #d3de a4m4 6#f3jj p4m4 ,"t z"o3 ,c5tral "t ,mon"d 6,fri"d3 #e3de a4m4 6#g3jj p4m4 ,"t z"o3 ,ea/]n "t ,mon"d 6,fri"d3 #f3de a4m4 6#h3jj p4m4 ,"t z"o3 ,atlantic "t ,mon"d 6,fri"d3 #g3de a4m4 6#i3jj p4m4 ,"t z"o3 ,newf.dl& & ,labrador "t ,mon"d 6,fri"d3 #h3ae a4m4 6#i3cj p4m4 ,"t z"o3 ,\tside ,canada &! ,u4,s4 7,ea/]n "t7 ,mon"d 6,fri"d3 #f3de a4m4 6#h3jj p4m4 ,"t z"o3 ,teletypewrit] 7,,tty7 ,mon"d 6,fri"d3 #f3de a4m4 6#h3jj p4m4 ,note ,! ;e-s]vice helpdesk is n availa# on week5ds & /atutory or civic holi"ds4 #adc ,*apt] #i f#be ,= help ) ,corpor,n ,9t]net ,fil+1 call #a-hjj-iei-bhjc4 ,= g5]al busi;s 5quiries1 call #a-hjj-iei-eebe4 ,= m 9=m,n on ! ,,cra's electronic s]vices = busi;s1 g 6_+www.cra.gc.ca/electronicservices_:4 ,bil+ual s]vice ,9 e (fice acr ,canada1 we (f] \r s]vices 9 bo? ,5gli% & ,fr5*4 ,all public,ns & =ms >e al availa# 9 bo? (ficial languages4 ,tax s]vices (fices ,! ,,cra ,web site1 _+www.cra.gc.ca_:1 has ! answ]s 6yr "qs4 ,f 9=m,n ab regi/]+ a busi;s 6fil+ a tax return1 ! ,,cra ,web site cov]s x all4 ,) xs specializ$ tools & improv$ se>* capabilities1 x is a 3v5i5t self-s]vice res\rce4 #add ,*apt] #i #bf ,/ _c f9d :at y >e look+ =8 ,= answ]s 6yr tax "qs1 call #a-hjj-iei-eebe4 ,if y / ne$ help af sp1k+ )a teleph"o ag5t1 y c book an appo9t;t at a ,,tso at a "t t is 3v5i5t = y4 ,=! a4resses & fax numb]s ( \r ,,tso's & tax c5tres1 g 6_+www.cra.gc.ca/tso_:4 ,tax c5tres ,/aff at ! tax c5tres process 9come tax returns4 ,!y s5d assess;t notices1 >range = refund *eques1 & provide writt5 explan,ns ( tax assess;ts4 ,!y al process tax pay;ts4 ,=a li/+ (! tax c5tres1 _! a4resses1 (fice h\rs1 & fax numb]s1 g 6_+www.cra.gc.ca/tso_:4 #ade ,! ,9t]n,nal ,tax ,s]vices a#bf ,(fice ,! ,,cra's ,9t]n,nal ,tax ,s]vices ,(fice 7,,itso7 is locat$ 9 ,ottawa4 ,/aff at ,,itso process 9dividual & corporate tax returns1 respond 6writt5 taxpay] 5quiries1 process reque/s = adju/;ts1 & provide teleph"o & c.t] 5quiry s]vices = non-resid5ts1 deem$ resid5ts1 emigrants z well z newcom]s 6,canada 7immigrants74 ,! (fice al ma9ta9s ! a3.ts ( ^? 9dividuals & 9/itu;ns t issue pay;ts 6non-resid5ts ( ,canada4 ,adv.e 9come tax rul+s & 9t]pret,ns ,an adv.e 9come tax rul+ is a writt5 /ate;t 6a taxpay] f ! ,9come ,tax ,rul+s ,directorate t /ates h[ ! ,,cra w 9t]pret & apply ,canadian 9come tax law 6transac;ns ! taxpay] is 3sid]+4 ,= m 9=m,n1 see ,9=m,n ,circul> #adf ,*apt] #i b#bf ,,ic#gj-f;,r#e1 ,adv.e ,9come ,tax ,rul+s4 ,reque/ a ,canada ,p5.n ,plan 7,,cpp7/,employ;t ,9sur.e 7;,,ei7 ,rul+ ,y c reque/ a rul+ z 6! /atus (a "w] or "w]s "u ! ,,cpp or ;,,ei ,act1 us+ ! ,reque/ a ,,cpp/;,,ei rul+ s]vice "? ,my ,busi;s ,a3.t4 ,6reque/ a rul+ =a giv5 ye> y m/ submit yr reque/ 0,june #bi (! foll[+ ye>4 ,,gst/,,hst rul+s & 9t]pret,ns ,y c ask =a writt5 rul+ or 9t]pret,n on h[ ,,gst/,,hst applies 6yr op],ns or transac;ns4 ,we w provide guid.e1 & z m* c]ta9ty z possi#1 ab h[ ,,gst/,,hst applies &! 3sequ;es ( yr transac;ns or propos$ transac;ns4 ,if y require g5]al 9=m,n ab ,,gst/,,hst1 g #adg ,*apt] #i c#bf 6_+www.cra.gc.ca/gsthst_: or call #a-hjj-iei-eebe4 ,we provide \r ,,gst/,,hst rul+s & 9t]pret,ns s]vice f rul+s c5tres acr ,canada 7except 9 ,quebec74 ,y c 3tact u at #a-hjj-iei-hbhg4 ,= s]vice 9 ,quebec1 3tact ,rev5u ,qu@ebec at #a-hjj-efg-dfib4 ,= m 9=m,n1 see ,guide ,,rc#ddje1 ,,gst/,,hst ,rul+s--,exp]ts 9 ,,gst/,,hst ,legisl,n4 ,excise duty rul+s & 9t]pret,ns ,y c ask =a writt5 rul+ or 9t]pret,n on h[ excise duties apply 6c]ta9 gds 7s* z alcohol & toba3o products74 ,= m 9=m,n1 pl1se 3tact a ,regional ,excise ,duty ,(fice4 ,=a li/+ ( _! numb]s1 see ,excise ,duty ,memor&a ,,edm#a-a-b1 ,regional ,excise ,duty ,(fices1 at _+www.cra.gc.ca/forms_:4 #adh ,help = taxpay]s )a he>+ d#bf or spee* 4ord] ,taxpay]s )a he>+ 4abil;y or spee* 4ord] :o h a3ess 6a .teletypewrit] 7,,tty7 c get 9come tax 9=m,n & help 0call+ \r bil+ual 5quiry s]vice at #a-hjj-ffe-jced4 ,! s]vice is availa# week"ds f #h3ae a4m4 6#e3jj p4m41 local "t1 ) ext5d$ h\rs (f]$ dur+ ! 9come tax fil+ s1son4 ,sem9>s1 trade %[s1 & "w%ops ,6help small busi;s taxpay]s "u/& _! "rs & oblig,ns "u exi/+ & frequ5tly *ang+ legisl,n1 we (f] ! foll[+ s]vices3 ,sem9>s--,^! cov] a v>iety ( topics1 f g5]al 6-plex matt]s4 ,we give sem9>s on reque/ & t>get !m 6meet ! ne$s or 9t]e/s (! audi;e4 ,trade %[s--,^! >e "o & two-"d ev5ts sponsor$ 0! private sector1 ": we pres5t 9=m,n on \r s]vices4 #adi ,*apt] #i e#bf ,"w%ops--,^! >e "o & two-"d ev5ts ": we pres5t1 9/ruct1 or walk "? examples ( h[ 6-plete v>i\s =ms & s*$ules4 ,6regi/] =a sem9> or "w%op1 g 6_+www.cra.gc.ca/events_: or 3tact ! ,busi;s ,5quiries sec;n ( yr ,,tso4 ,employ] visits program ,if y op]ate a small busi;s1 y may 2 too busy 6att5d an 9=m,n sem9>4 ,if s1 \r /aff is availa# on reque/ 6visit y at yr place ( busi;s4 ,? w give y a *.e 6ask "qs ab record+1 )hold+1 or report+ employee e>n+s1 tax1 ,canada ,p5.n ,plan 3tribu;ns1 or .,employ;t .,9sur.e .premiums4 ,we d n *>ge = ? s]vice4 ,= 9=m,n ab ? s]vice1 call #a-hjj-iei-eebe4 ,s]vice ,canada ,we "w ) o!r f$]al ag5cies & de"p;ts 6s]ve ,canadians 9 small] #aej ,*apt] #i f#bf -munities 0(f]+ a v>iety ( gov]n;t s]vices 9 s+le loc,ns call$ -------------------------------------#bg ,s]vice ,canada c5tres4 ,visit _! ,web site at _+www.servicecanada.gc.ca_: =! (fice ne>e/ y4 ,sci5tific rese>* & exp]i;tal develop;t 7,,sr&,,ed7 9ve/;t tax cr$it ,we h set up a s]vice 6a4ress ! ne$s ( 9dividuals & busi;ses t h claim$ ! ,,sr&,,ed 9ve/;t tax cr$it4 ,we regul>ly 3duct public 9=m,n ses.ns 6expla9 ! m1n+ ( ,,sr&,,ed1 describe eligi# activities1 expla9 :at exp5ditures qualify =! cr$it1 & describe ! docu;t,n requir$ =a claim4 ,y c get 9=m,n ab ^! ses.ns at _+www.cra.gc.ca/sred_: or 0call+ #a-hjj-iei-eebe4 ,= m 9=m,n on sci5tific rese>* & exp]i;tal develop;t1 see ,bro*ure ,,rc#ddgb1 ,ov]view (! ,sci5tific #aea ,*apt] #i a#bg ,rese>* & ,exp]i;tal ,develop;t 7,,sr&,,ed7 ,tax ,9c5tive ,program4 ,canada ,busi;s ,s]vice ,c5tres ,^! c5tres provide busi;ses ) a3ess 69=m,n ab ! programs & s]vices ( v>i\s f$]al de"p;ts & ag5cies1 9clud+ ! ,,cra1 ,9du/ry ,canada1 & economic develop;t ag5cies s* z ! ,atlantic ,canada ,opportunities ,ag5cy1 ,we/]n ,economic ,div]sific,n ,canada1 &! ,f$]al ,(fice ( ,regional ,develop;t 7,quebec74 ,o!r "pn]s 9clude prov9cial & non-gov]n;t ag5cies4 ,at ! ,canada ,site1 _+www.canada.ca_:1 y c f9d a li/ ( l9ks 6! ,web sites ( ,gov]n;t ( ,canada de"p;ts1 ag5cies1 & ,cr[n corpor,ns4 ,y c al f9d l9ks 6,web sites ma9ta9$ 0organiz,ns = : f$]al de"p;ts & ag5cies >e responsi#4 #aeb ,9du/ry ,canada b#bg ,6get direct a3ess 6,9du/ry ,canada's ext5sive exp]tise & 9=m,n res\rces1 visit _+www.ic.gc.ca_:4 ,yr "rs1 5title;ts1 & oblig,ns ,! ,,cra op]ates on ! funda;tal 2lief t xs taxpay]s >e m likely 6-ply )! law if !y >e tr1t$ fairly & h ! 9=m,n1 advice1 & o!r s]vices !y ne$ 6meet _! oblig,ns4 ,^! oblig,ns may 9clude fil+ requir$ returns1 pay+ taxes1 provid+ 9=m,n1 & prop]ly dclg import$ or export$ gds4 ,:ile we want 6make sure y >e aw>e ( yr oblig,ns1 we al want 6make sure t y "u/& & c ex]cise yr "rs4 ,= m 9=m,n on taxpay] relief provi.ns & taxpay] "rs1 g 6_+www.cra.gc.ca/fairness_:1 or see ,guide ,,rc#ag1 ,taxpay] ,bill ( ,"rs ,guide3 ,"u/&+ ,yr ,"rs z a ,taxpay]4 #aec ,:at is ! ,volunt>y c#bg ,4closures ,program8 ,! ,volunt>y ,4closures ,program 7,,vdp7 all[s y 6-e =w>d & correct 9a3urate or 9complete 9=m,n or 64close 9=m,n on a volunt>y basis4 ,y w n 2 p5aliz$ or prosecut$ if y make a full 4closure 2f we />t any 5=ce;t ac;n or 9ve/ig,n ag/ y4 ,y w only h 6pay ! taxes [+ plus 9t]e/4 ,! ,,vdp a3epts 9=m,n t is less ?an "o ye> ov]due1 except :5 4closures >e 2+ made 6avoid late-fil+ *>ges4 ,= m 9=m,n1 see ,9=m,n ,circul> ,,ic#jj-a1 ,volunt>y ,4closures ,program1 or call #a-hjj-iei-eebe4 ,taxpay] ,relief ,provi.ns ,we c waive or c.el all or "p (! 9t]e/ or p5alties :5 !y result f circum/.es t >e 2y yr 3trol4 ,s* circum/.es cd 9clude an 9abil;y 6pay or f9ancial h>d%ip1 ac;ns (! ,,cra1 or extraord9>y #aed ,*apt] #i d#bg circum/.es s* z a s]i\s ill;s1 natural 4a/]s1 or a po/al s]vice /rike t prev5ts y f meet+ yr tax oblig,n4 ,provi.ns 9 ! v>i\s ,acts adm9i/]$ 0! ,,cra help u adm9i/] ! legisl,n fairly4 ,^! provi.ns apply 69dividuals1 te/a;t>y tru/s1 small busi;s [n]s1 employ]s1 pay]s1 "pn]%ips1 corpor,ns1 & organiz,ns4 ,all reque/s = relief m/ 2 submitt$ 9 writ+4 ,= reque/s "u ! taxpay] relief provi.ns (! ,9come ,tax ,act1 ! ,m9i/] may grant relief = any tax ye> 7or fiscal p]iod 9 ! case (a "pn]%ip7 t 5d$ )9 #aj ye>s 2f ! cal5d> ye> 9 : ! taxpay]'s reque/ 0 made4 ,= m 9=m,n1 see ,9=m,n ,circul> ,,ic#jg-a1 ,taxpay] ,relief ,provi.ns4 ,= reque/s "u ! taxpay] relief provi.ns (! ,excise ,tax ,act &! ,s(twood ,lumb] ,products ,export ,*>ge ,act1 #bjjf1 ! ,m9i/] may grant relief = any report+ p]iod t 5d$ )9 #aj ye>s 2f ! cal5d> ye> 9 : ! taxpay]'s reque/ #aee ,*apt] #i e#bg 0 made4 ,simil>ly = duties "u ! ,excise ,act1 #bjja &= reque/s made "u ! ,air ,travell]s ,secur;y ,*>ge ,act1 ! ,m9i/] may grant relief = any fiscal mon? t 5d$ )9 #aj ye>s 2f ! cal5d> ye> 9 : ! taxpay]'s reque/ 0 made4 ,taxpay]s c a4ress reque/s 9volv+ ! taxpay] relief provi.ns 6any ,,cra (fice4 ,=m ,,rc#dbhh1 ,reque/ = ,taxpay] ,relief1 %d 2 us$ 6make a reque/4 ,a copy ( ? =m is availa# at _+www.cra.gc.ca/forms_:1 or 0call+ #a-hjj-iei-bbba4 ,= m 9=m,n1 g 6_+www.cra.gc.ca/fairness_:4 ,\r s]vice -pla9t process ,! ,,cra -pla9t s]vice resolu;n process is a me*anism us$ 0! ,ag5cy 6resolve s]vice relat$ issues4 ,y h ! "r 6be tr1t$ fairly "u cle> & e/abli%$ rules & c expect a hi< level ( s]vice #aef ,*apt] #i #bh ea* "t y d1l )! ,,cra1 see ,taxpay]'s ,bill ( ,"rs at _+www.cra.gc.ca/rights_:4 ,if y >e n satisfi$ )! .s]vice t y h rcvd1 pl1se 3tact ! ,,cra employee y h be5 d1l+ ) or call ! teleph"o numb] t y h be5 giv54 ,if y >e n pl1s$ )! way yr 3c]ns >e a4ress$1 y c ask 64cuss ! matt] )! employee's sup]visor4 ,if ! matt] is n settl$1 y c !n file a s]vice -pla9t 0-plet+ ,=m ,,rc#aic1 ,s]vice-,relat$ ,-pla9ts4 ,if y >e / n satisfi$1 y c file a -pla9t )! ,(fice (! ,taxpay]s' ,ombudsman4 ,= m 9=m,n1 g 6_+www.cra.gc.ca/complaints_: or see ,booklet ,,rc#ddbj1 ,9=m,n on ,,cra-- ,s]vice ,-pla9ts4 ,taxpay]s' ,ombudsman ,! ,m9i/] ( ,n,nal ,rev5ue ann\nc$ ! appo9t;t ( ,canada's f/ ,taxpay]s' ,ombudsman on ,febru>y #ba1 #aeg ,*apt] #i a#bh #bjjh1 65h.e ! ,,cra's a3.tabil;y & s]vice 6! public & 6provide ! p x s]ves ) renew$ assur.e t !y w 2 tr1t$ fairly1 equitably1 &) respect4 ,canada's ,taxpay]s' ,ombudsman is an 9dep5d5t & im"pial (fic] :o exam9es 9dividual & sy/emic s]vice-relat$ -pla9ts ab ! ,,cra4 ,! ,ombudsman upholds ! s]vice-relat$ "rs \tl9$ 9 ! ,taxpay] ,bill ( ,"rs 7,,tbr74 ,he makes recomm5d,ns 6! ,m9i/] ( ,n,nal ,rev5ue 6help ! ,,cra improve a3.tabil;y & s]vice 6taxpay]s4 ,! role (! ,taxpay]s' ,ombudsman is 6provide a f9al1 im"pial review (a s]vice-relat$ -pla9t af y h exhau/$ ! normal -pla9t *annels1 9clud+ ! ,,cra-- ,s]vice ,-pla9ts program4 ,if y >e / n satisfi$ )! way yr s]vice-relat$ -pla9t 0 h&l$ 0! ,,cra1 y c 3tact ! ,taxpay]s' ,ombudsman's (fice at3 #aeh ,*apt] #i b#bh ,taxpay]s' ,ombudsman ,suite #gbd #ej ,o',3nor ,/reet ,ottawa ,,on ,k#a;,p #f;,l#b ,teleph"o3 #a-hff-ehf-chci ,\tside ,canada3 #a-fac-idf-bcaj ,fax3 #a-hff-ehf-chee ,= m 9=m,n1 visit _+www.oto-boc.gc.ca_:4 ,note ,"! >e no co/s associat$ ) fil+ a -pla9t or = any s]vice provid$ 0! ,taxpay]s' ,ombudsman4 #aei #afj ,summ>y ( important dates = #bi busi;ses ,sole proprietor%ips & "pn]%ips ,mon?ly1 0! fifte5?3 ,remit ! payroll deduc;ns f yr employees' remun],n1 al;g ) yr "p ( ,canada ,p5.n ,plan 7,,cpp7 3tribu;ns & ,employ;t ,9sur.e 7;,,ei7 premiums1 0! fifte5? (! foll[+ mon?4 ,qu>t]ly1 0! fifte5?3 ,if y >e self- employ$1 make yr .9/al;t pay;ts ( tax & ,,cpp 3tribu;ns 0^! dates3 ,f/ 9/al;t3 ,m>* fifte5?2 ,second 9/al;t3 ,june fifte5?2 ,?ird 9/al;t3 ,septemb] fifte5?2 & ,f\r? 9/al;t3 ,decemb] fifte5?4 ,la/ "d ( ,febru>y3 ,file yr ,t#d & ,t#d;,a slips al;g )! relat$ ,summ>y =m4 ,4tribute ! slips 6yr employees4 ,m>* #ca3 ,"pn]%ips 7except ^? made up ( corpor,ns1 or a -b9,n ( 9dividuals1 corpor,ns1 or tru/s ) di6]5t #afa ,summ>y a#bi fil+ dates7 t >e requir$1 m/ file a "pn]%ip 9=m,n return4 ,april #cj3 ,file yr ,t#a p]sonal 9come tax & b5efit return =! previ\s ye>4 .,pay any tax am.ts [+4 ,self-employ$ 9dividuals & _! sp\ses or -mon-law "pn]s h until ,june #ae 6.file _! returns4 ,june #ae3 ,self-employ$ 9dividuals 7& _! sp\ses or -mon-law "pn]s7 m/ file _! ,t#a p]sonal 9come tax & b5efit returns4 ,h["e1 y h 6pay any bal.e [+ .0.,april .#cj1 6avoid 9t]e/ *>ges4 ,decemb] #ca3 ,= .f>m]s .& .fi%]s1 calculate & pay ! am.t ( yr curr5t-ye> 9/al;t pay;t4 ,corpor,ns ,mon?ly1 0! fifte5?3 ,remit ! payroll deduc;ns f yr employees' remun],n 6u1 al;g ) yr "p ( ,canada ,p5.n ,plan 7,,cpp7 3tribu;ns & ,employ;t ,9sur.e #afb ,summ>y b#bi 7;,,ei7 premiums1 0! fifte5? (! foll[+ mon?4 ,mon?ly or ,qu>t]ly3 ,corpor,ns h 6pay 9/al;ts ( _! curr5t-ye> taxes1 0! la/ "d ( ea* mon? or ea* qu>t]4 ,la/ "d ( ,febru>y3 ,file yr ,t#d & ,t#d;,a slips al;g )! relat$ ,summ>y =m4 ,4tribute ! slips 6yr employees4 ,two mon?s f yr tax ye>-5d3 ,! bal.e (! corpor,n tax paya# is due4 ,?ree mon?s f yr tax ye>-5d3 ,= ,canadian 3troll$ private corpor,ns claim+ ! small busi;s deduc;n1 ! bal.e (! corpor,n tax paya# is due4 ,six mon?s f yr tax ye>-5d3 ,corpor,ns m/ file a ,t#b1 ,corpor,n ,9come ,tax ,return no lat] ?an six mon?s af ! corpor,n's ye>-5d4 ,note3 ,x is important t y file any requir$ returns & remit pay;ts on "t4 ,p5alties apply if y d n1 & 9t]e/ is *>g$ on unpd taxes & p5alties4 #afc ,summ>y c#bi ,= m 9=m,n on important dates1 g 6_+www.cra.gc.ca/importantdates_:4 #afd ,frequ5tly us$ ,web sites = #cj small busi;ses ,topic3 ,aborig9al peoples ,web site3 _+www.cra.gc.ca/aboriginalpeoples_: ,topic3 ,agri,9ve/ ,program ,web site3 _+www.agr.gc.ca/agriinvest_: ,topic3 ,agri,/abil;y ,program ,web site3 _+www.agr.gc.ca/agristability_: ,topic3 ,busi;s--,home page ,web site3 _+www.cra.gc.ca/business_: ,topic3 ,busi;s numb] 7,,bn7 regi/r,n ,web site3 _+www.cra.gc.ca/bn_: ,topic3 ,3duct+ busi;s on ! ,9t]net 7;,e-comm]ce7 ,web site3 _+www.cra.gc.ca/ecomm_: #afe ,us$ ,web sites a#cj ,topic3 ,3tact u ,web site3 _+www.cra.gc.ca/contact_: ,topic3 ,3tract pay;t report+ ,web site3 _+www.cra.gc.ca/contract_: ,topic3 ,corporate 9come tax ,web site3 _+www.cra.gc.ca/t2return_: ,topic3 ,corpor,n ,9t]net fil+ ,web site3 _+www.cra.gc.ca/corporation-internet_: ,topic3 ,direct deposit--,busi;s ,web site3 _+www.cra.gc.ca/dd-bus_: ,topic3 ,electronic pay;ts ,web site3 _+www.cra.gc.ca/electronicpayments_: ,topic3 ,electronic mail+ li/s ,web site3 _+www.cra.gc.ca/lists_: #aff ,us$ ,web sites b#cj ,topic3 ,electronic s]vices ,web site3 _+www.cra.gc.ca/electronicservices_: ,topic3 ,ev5ts & ,sem9>s ,web site3 _+www.cra.gc.ca/events_: ,topic3 ,excise & ,,gst/,,hst ,news ,web site3 _+www.cra.gc.ca/formspubs/_& typ/gsthstnws-eng.html_: ,topic3 ,fair;s & taxpay] bill ( "rs-- ,ov]view ,web site3 _+www.cra.gc.ca/fairness_: ,topic3 ,,faq's availa# on ! ,,cra ,web site ,web site3 _+www.cra.gc.ca/faqs_: ,topic3 ,fil+ ,9=m,n ,returns ,electronic,y ,web site3 _+www.cra.gc.ca/iref_: #afg ,us$ ,web sites c#cj ,topic3 ,fil+ on electronic m$ia ,web site3 _+www.cra.gc.ca/electronicmedia_: ,topic3 ,=ms & public,ns ,web site3 _+www.cra.gc.ca/forms_: ,topic3 ,=ms & public,ns--,onl9e ord] =ms ,web site3 _+www.cra.gc.ca/orderforms_: ,topic3 ,,gst/,,hst electronic fil+ & remitt+ ,web site3 _+www.cra.gc.ca/gsthst-edi_: ,topic3 ,,gst/,,hst ,,netfile ,web site3 _+www.cra.gc.ca/gsthst-netfile_: ,topic3 ,,gst/,,hst ,,telefile ,web site3 _+www.cra.gc.ca/gsthst-telefile_: #afh ,us$ ,web sites d#cj ,topic3 ,my ,busi;s ,a3.t ,web site3 _+www.cra.gc.ca/mybusinessaccount_: ,topic3 ,onl9e ,reque/s = ,busi;s ,web site3 _+www.cra.gc.ca/requests-business_: ,topic3 ,payroll ,web site3 _+www.cra.gc.ca/payroll_: ,topic3 ,payroll ,deduc;ns ,onl9e ,calculator 7,,pdoc7 ,web site3 _+www.cra.gc.ca/pdoc_: ,topic3 ,prescrib$ 9t]e/ rates ,web site3 _+www.cra.gc.ca/interestrates_: ,topic3 ,public holi"ds & due dates ,web site3 _+www.cra.gc.ca/duedates_: #afi ,us$ ,web sites e#cj ,topic3 ,repres5t a ,cli5t ,web site3 _+www.cra.gc.ca/representatives_: ,topic3 ,secur;y op;ns--,taxa# b5efit ,web site3 _+www.cra.gc.ca/stockoptions_: ,topic3 ,small busi;ses ,web site3 _+www.cra.gc.ca/smallbusiness_: ,topic3 ,t#d 9=m,n returns 7,h[ 6file7 ,web site3 _+www.cra.gc.ca/slips_: ,topic3 ,taxpay]s' ,ombudsman ,web site3 _+www.taxpayersrights.gc.ca_: ,topic3 ,tax s]vices (fices & tax c5tres ,web site3 _+www.cra.gc.ca/tso_: ,topic3 ,tax 8my?s0 ,web site3 _+www.cra.gc.ca/myths_: #agj ,us$ ,web sites f#cj ,topic3 ,:at's new ,web site3 _+www.cra.gc.ca/whatsnew_: #aga #agb ,relat$ ,=ms & ,public,ns #ca ,guides --,,rc#ag1 ,taxpay] ,bill ( ,"rs ,guide3 ,"u/&+ ,yr ,"rs z a ,taxpay] --,,rc#djae1 ,reconcili,n ( ,busi;s ,9come = ,tax ,purposes --,,rc#djbb1 ,g5]al ,9=m,n = ,,gst/,,hst ,regi/rants --,,rc#djbg1 ,do+ ,busi;s 9 ,canada-- ,,gst/,,hst ,9=m,n = ,non-,resid5ts --,,rc#djhb1 ,,gst/,,hst ,9=m,n = ,*>ities --,,rc#daaj1 ,employee or ,self- ,employ$8 --,,rc#dabj1 ,employ]s' ,guide--,fil+ ! ,t#d ,slip & ,summ>y --,,rc#ddje1 ,,gst/,,hst ,rul+s-- ,exp]ts 9 ,,gst/,,hst ,legisl,n --,,rc#ddji1 ,keep+ ,records --,t#djja1 ,employ]s' ,guide--,payroll ,deduc;ns & ,remitt.es --,t#djjb1 ,busi;s & ,profes.nal ,9come #agc ,=ms & ,public,ns a#ca --,t#djjc1 ,f>m+ ,9come --,t#djjd1 ,fi%+ ,9come --,t#djjh1 ,payroll ,deduc;ns ,supple;t>y ,ta#s --,t#djab1 ,t#b ,corpor,n--,9come ,tax ,guide --,t#djcb1 ,payroll ,deduc;ns ,ta#s --,t#djcf1 ,r5tal ,9come --,t#djcg1 ,capital ,ga9s --,t#djfh1 ,guide =! ,t#ejac ,"pn]%ip ,9=m,n ,return--#bjjf --,t#djfh-a1 #bjaj ,supple;t 6! #bjjf ,t#djfh--,guide =! ,t#ejac ,"pn]%ip ,9=m,n ,return --,t#dabg-;,,jan1 ,payroll ,deduc;ns ,=mulas = ,-put] ,programs --,t#g;,b-;,,corp1 ,corpor,n ,9/al;t ,guide ,pamphlets1 ,bro*ures & ,slips --,p#aaj1 ,pay+ ,yr ,9come ,tax 0,9/al;ts #agd ,=ms & ,public,ns b#ca --,p#adh1 ,resolv+ ,yr ,4pute3 ,objec;ns & ,app1l ,"rs ,"u ! ,9come ,tax ,act --,,rc#b1 ,! ,busi;s ,numb] & ,yr ,canada ,rev5ue ,ag5cy ,program ,a3.ts --,,rc#djeh1 ,qk ,me?od ( ,a3.t+ = ,,gst/,,hst --,,rc#djei1 ,my ,a3.t = 9dividuals --,,rc#dbdg1 ,! ,special ,qk ,me?od ( ,a3.t+ = ,public ,s]vice ,bodies --,,rc#ddje1 ,,gst/,,hst ,rul+s-- ,exp]ts 9 ,,gst/,,hst ,legisl,n --,,rc#ddbj1 ,9=m,n on ,,cra--,s]vice ,-pla9ts --,,rc#ddgb1 ,ov]view (! ,sci5tific ,rese>* & ,exp]i;tal ,develop;t 7,,sr&,,ed7 ,tax ,9c5tive ,program --,t#d slip1 ,/ate;t ( ,remun],n ,pd --,t#d;,a slip1 ,/ate;t ( ,p5.n1 ,retire;t1 ,annu;y & ,o!r ,9come #age ,=ms c#ca --,b#bec1 ,s(twood ,lumb] ,products ,export ,*>ge--,regi/r,n ,=m --,b#bge1 ,s(twood ,lumb] ,products ,export ,*>ge ,return --,,cpt#ajj1 ,app1l (a ,rul+ "u ! ,canada ,p5.n ,plan &/or ,employ;t ,9sur.e ,act --,,cpt#aja1 ,app1l ( an ,assess;t "u ! ,canada ,p5.n ,plan &/or ,employ;t ,9sur.e ,act --,e#dac1 ,notice ( ,objec;n 7,excise ,tax ,act7 --,e#fgf1 ,notice ( ,objec;n 7,air ,travell]s ,secur;y ,*>ge ,act7 --,e#fhj1 ,notice ( ,objec;n 7,excise ,act1 #bjja7 --,,gst#dd1 ,elec;n ,3c]n+ ! ,acquisi;n (a ,busi;s or ,"p (a ,busi;s --,,gst#aei1 ,notice ( ,objec;n 7,,gst/,,hst7 --,,gst#dfi1 ,direct ,deposit ,reque/ 7,non-,p]sonaliz$7 #agf ,=ms & ,public,ns d#ca --,,rc#a1 ,reque/ =a ,busi;s ,numb] 7,,bn7 --,,rc#de1 ,notice ( ,objec;n 7,s(twood ,lumb] ,products ,export ,*>ge ,act1 #bjjf7 --,,rc#ei1 ,busi;s ,3s5t ,=m --,,rc#aic1 ,s]vice-,relat$ ,-pla9ts --,,rc#beg1 ,reque/ = an ,9=m,n ,return ,program ,a3.t 7,,rz7 --,,rc#dbhh1 ,reque/ = ,taxpay] ,relief --,t#acg1 ,reque/ = ,de/ruc;n ( ,records --,t#djj;,a1 ,objec;n--,9come ,tax ,act --,t#ajac1 ,au?oriz+ or ,c.ell+ a ,repres5tative --,t#aaci1 ,reconcili,n ( ,busi;s ,9come = ,tax ,purposes --,t#aafc1 ,/ate;t ;,a--,agri,/abil;y & ,agri,9ve/ ,programs ,9=m,n & ,/ate;t ( ,f>m+ ,activities = ,9dividuals #agg ,=ms & ,public,ns e#ca --,t#aafd1 ,/ate;t ;,b--,agri,/abil;y & ,agri,9ve/ ,programs ,9=m,n & ,/ate;t ( ,f>m+ ,activities = ,a4i;nal ,f>m+ ,op],ns --,t#abgc1 ,/ate;t ;,a--,h>moniz$ ,agri,/abil;y & ,agri,9ve/ ,programs ,9=m,n & ,/ate;t ( ,f>m+ ,activities = ,9dividuals --,t#abgd1 ,/ate;t ;,b--,h>moniz$ ,agri,/abil;y & ,agri,9ve/ ,programs ,9=m,n & ,/ate;t ( ,f>m+ ,activities = ,a4i;nal ,f>m+ ,op],ns -------------------------------------#cb --,t#bjdb1 ,/ate;t ( ,f>m+ ,activities --,t#baba1 ,/ate;t ( ,fi%+ ,activities --,t#babe1 ,/ate;t ( ,busi;s or ,profes.nal ,activities --;,,td#a1 ,p]sonal ,tax ,cr$its ,return --,t#b1 ,corpor,n ,9come ,tax ,return --,t#b-;,,dd1 ,direct ,deposit ,reque/ ,=m = ,corpor,ns #agh ,9t]pret,n ,bullet9s a#cb --,,it-#ii;,r#e-;,,3solid1 ,legal & ,a3.t+ ,fees --,,it-#aed;,r1 ,special ,res]ves --,,it-#bjj1 ,surface ,r5tals & ,f>m+ ,op],ns --,,it-#bgc;,r#b1 ,gov]n;t ,assi/.e-- ,g5]al ,-;ts --,,it-#bia;,r#c1 ,transf] ( ,prop]ty 6a ,corpor,n ,"u ,subsec;n #he7#a7 --,,it-#cfd1 ,-m;e;t ( ,busi;s ,op],ns --,,it-#dac;,r1 ,elec;n 0,memb]s (a ,"pn]%ip ,"u ,subsec;n #ig7#b7 --,,it-#dag;,r#b1 ,prepd ,exp5ses & ,def]r$ ,*>ges --,,it-#ddb;,r1 ,bad debts & ,res]ves = ,d\bt;l ,debts --,,it-#dei1 ,adv5ture or ,3c]n 9 ! ,nature ( ,trade --,,it-#dgc;,r1 ,9v5tory ,valu,n --,,it-#eah;,r1 ,food1 ,b"eages1 & ,5t]ta9;t ,exp5ses #agi ,9=m,n ,circul>s b#cb --,,ic#jj-a1 ,volunt>y ,4closures ,program --,,ic#jg-a1 ,taxpay] ,relief ,provi.ns --,,ic#gj-f;,r#e1 ,adv.e ,9come ,tax ,rul+s --,,ic#gf-ai;,r#c1 ,transf] ( ,prop]ty 6a ,corpor,n ,"u ,sec;n #he --,,ic#gh-aj;,r#e1 ,books & ,records ,ret5;n/,de/ruc;n --,,ic#hi-b;,r#b1 ,directors' ,liabil;y--,sec;n #bbg.a (! ,9come ,tax ,act & ,sec;n #cbc (! ,excise ,tax ,act ,excise ,duty ,memor&a --,,edm#a-a-a1 ,! ,excise ,duty ,program --,,edm#a-a-b1 ,regional ,excise ,duty ,(fices --,,edm#b-a-a1 ,lic;e ,types --,,edm#b-c-a1 ,regi/r,n ,types #ahj ,excise ,tax & ,special c#cb ,levies ,memor&a --,x#b-a1 ,lic;es --,x#b-b1 ,small ,manufactur]s --,x#b-c1 ,bonds ,giv5 z ,secur;y 0,lic5s$ ,:olesal]s ,excise ,taxes & ,special ,levies ,notices --,,etsl#ec1 ,phase ,\ (! ,excise ,tax on ,jewell]y ,products #aha #ahb ,= m 9=m,n #cc ,:at if y ne$ help8 ,if y ne$ help af r1d+ ? public,n1 visit _+www.cra.gc.ca_: or call #a-hjj-iei-eebe4 ,=ms & public,ns ,6get \r =ms or public,ns1 g 6_+www.cra.gc.ca/forms_: or call #a-hjj-iei-bbba4 ,electronic mail+ li/s ,we c notify y immly ab new 9=m,n on payroll1 ,,gst/,,hst1 electronic fil+ = busi;ses1 & m4 ,6subscribe free ( *>ge1 g 6_+www.cra.gc.ca/lists_:4 ,my ,a3.t ,my ,a3.t is a secure1 3v5i5t1 & "t- sav+ way 6a3ess & manage yr tax & #ahc ,= m 9=m,n a#cc b5efit 9=m,n onl9e1 sev5 "ds a week6 ,if y >e n regi/]$ ) ,my ,a3.t b ne$ 9=m,n "r away1 use ,qk ,a3ess 6get fa/1 easy1 & secure a3ess 6"s ( yr 9=m,n4 ,= m 9=m,n1 g 6_+www.cra.gc.ca/myaccount_: or see ,pamphlet ,,rc#djei1 ,my ,a3.t = 9dividuals4 ,my ,busi;s ,a3.t ,my ,busi;s ,a3.t is a secure & 3v5i5t way 6a3ess & manage yr busi;s a3.ts onl9e4 ,y c3 --view yr a3.t bal.e & transac;ns --reque/ a4i;nal remitt.e v\*]s --file yr return & view xs /atus --calculate yr 9/al;t pay;ts --view notices1 lrs1 & /ate;ts --view a4ress & bank+ 9=m,n --transf] pay;ts & immly view an updat$ bal.e #ahd ,= m 9=m,n b#cc ,qk4 ,easy4 ,secure4 ,= m 9=m,n1 g 6_+www.cra.gc.ca/mybusinessaccount_:4 ,repres5t a ,cli5t ,au?oriz$ repres5tatives >e a# 6view a3.t 9=m,n & transact onl9e on 2half (! busi;s [n]s "? ! ,repres5t a ,cli5t s]vice4 ,busi;s [n]s c au?orize _! repres5tatives 79clud+ employees7 "? ,my ,busi;s ,a3.t = imm a3ess1 or )! ,=m ,,rc#ei1 ,busi;s ,3s5t ,=m4 ,= m 9=m,n1 g 6_+www.cra.gc.ca/representatives_:4 ,electronic pay;ts ,make yr pay;t onl9e us+ ! ,,cra's ,my ,pay;t s]vice at _+www.cra.gc.ca/mypayment_: or us+ yr f9ancial 9/itu;n's teleph"o/,9t]net bank+ s]vices4 ,= m 9=m,n1 g 6_+www.cra.gc.ca/electronicpayments_: or 3tact yr f9ancial 9/itu;n4 #ahe ,tax ,9=m,n ,ph"o ,s]vice c#cc 7,,tips7 ,= p]sonal & g5]al tax 9=m,n 0teleph"o1 use \r automat$ s]vice1 ,,tips1 0call+ #a-hjj-bfg-fiii4 ,teletypewrit] 7,,tty7 us]s ,,tty us]s c call #a-hjj-ffe-jced = bil+ual assi/.e dur+ regul> busi;s h\rs4 ,yr op9ion c.ts ,if y h any -;ts or su7es;ns t cd help u improve \r public,ns1 we wd l 6he> f y4 ,pl1se s5d yr -;ts to3 ,taxpay] ,s]vices ,directorate ,canada ,rev5ue ,ag5cy #gej ,h]on ,road ,ottawa ,,on ,k#a;,a #j;,l#e #ahf ,transcrib]'s note3 7,back cov]7 ,canada ,rev5ue ,ag5cy ,electronic s]vices ,get ! answ]s y ne$ all ye> l;g1 "r at yr f+]tips1 0us+ ! ,canada ,rev5ue ,ag5cy's secure electronic s]vices4 ,a3ess tax 9=m,n1 file a return1 regi/] a busi;s1 get cli5t 9=m,n1 make onl9e reque/s1 use payroll s]vices1 make an electronic pay;t1 d[nload or ord] =ms & public,ns1 & m6 ,electronic s]vices _+www.cra.gc.ca/electronicservices_: ,my ,busi;s ,a3.t _+www.cra.gc.ca/mybusinessaccount_: ,repres5t a cli5t _+www.cra.gc.ca/representatives_: ,corpor,n ,9t]net ,fil+ _+www.cra.gc.ca/corporation-internet_: #ahg ,electronic s]vices ,fil+ 9=m,n returns _+www.cra.gc.ca/iref_: ,,gst/,,hst ,,netfile ,,gst/,,hst ,,telefile _+www.cra.gc.ca/gsthst-filing_: ,electronic pay;ts _+www.cra.gc.ca/electronicpayments_: ,direct deposit _+www.cra.gc.ca/dd-bus_: ,my ,a3.t _+www.cra.gc.ca/myaccount_: ,my ,pay;t _+www.cra.gc.ca/mypayment_: ,want tips on v>i\s tax-relat$ topics8 ,g 6_+www.cra.gc.ca/taxtips_:4 ,= m 9=m,n1 visit _+www.cra.gc.ca_:4 #ahh