,canada ,rev5ue ,ag5cy ,t#g;,b ,corp4 ,corpor,n ,9/al;t ,guide #bjaj ,9 ,"o ,volume ,pr9t ,pages #d-ca ,brl ,pages ;i-;vii & #a-adh ,9dex ,brl page ,is ? guide = y8 """""""""""""""""""" #a ,:at's new8 """"""""""""""""""""""""" #c ,busi;s ,limit """""""""""""""""""" #c ,my ,busi;s ,a3.t """"""""""""""""" #c ,my ,pay;t """""""""""""""""""""""" #d ,yr op9ion c.ts """"""""""""""""""" #d ,ta# ( ,3t5ts """"""""""""""""""""""" #e ,9/al;t require;ts """"""""""""""""" #aa ,"ps ,i1 ,,vi1 ,,vi4#a1 & ,,xiii4#a tax 9/al;ts """""""""" #aa ,calculat+ yr 9/al;ts ( ,"ps ,i1 ,,vi1 ,,vi4#a1 & ,,xiii4#a tax """""""""""""""" #ab ,mon?ly 9/al;t pay;ts """""""" #ac ,o!r op;ns = eligi# small ,canadian-3troll$ private corpor,ns 7,,ccpc7 """"""""" #ae ,>e y eligi# 6make qu>t]ly 9/al;t pay;ts8 """"""""""""" #af ,>e y no l;g] eligi# 6make qu>t]ly 9/al;ts8 """"""""""" #ah ;i ,9dex ,"p ,,xii4#a--,tax on c>v$-\ 9come """""""""""""""""""""""""" #bj ,report+ ,"p ,,xii4#a tax """""" #ba ,calculat+ 9/al;ts ( ,"p ,,xii4#a tax """"""""""""""""" #ba ,"p ,,xii4#c--,tax on 9ve/;t 9come ( life 9sur]s """""""""""" #bb ,report+ ,"p ,,xii4#c tax """""" #bb ,calculat+ 9/al;ts ( ,"p ,,xii4#c tax """"""""""""""""" #bb ,special situ,ns--,:5 d y n h 6pay 9/al;ts8 """""""""""""""""" #bd ,tax paya# ( 4#c1jjj or less """ #bd ,new corpor,ns """"""""""""""""" #be ,special rules """"""""""""""""""" #bf ,%ort tax ye>s """"""""""""""""" #bf ,fluctuat+ fil+ p]iod 5d+ 7fiscal p]iod l;g] ?an #cfe "ds7 """"""""""""""""""""""""" #bh ,amalgam,ns """""""""""""""""""" #bi ,w9d-ups """"""""""""""""""""""" #bi ,transf]s or rollov]s """""""""" #cj ,*ange ( 3trol """"""""""""""""" #cj ;ii ,9dex ,specifi$ future tax 3sequ;es "" #ca ,due dates """"""""""""""""""""""""" #cc ,9/al;t due dates """""""""""""""" #cc ,bal.e due date """""""""""""""""" #cd ,amalgam,ns """""""""""""""""""" #cf ,w9d-ups """"""""""""""""""""""" #cg ,"u/&+ /ate;ts """"""""""""""""""""" #ci ,regi/]+ an alt]nate a4ress """""" #dj ,/ate;t ( ,9t]im ,pay;ts """"""""" #da ,/ate;t ( ,>re>s """"""""""""""""" #db ,pay+ 9/al;ts """""""""""""""""""""" #de ,mak+ a pay;t """""""""""""""""""" #de ,canada ,rev5ue ,ag5cy 7,,cra7 ,web ,site """"""""""""""""""" #de ,electronic,y """""""""""""""""" #de ,at yr f9ancial 9/itu;n """""""" #df ,0mail """"""""""""""""""""""""" #df ,pay+ on "t """""""""""""""""""""" #dg ,us+ ! "r pay;t v\*] """"""""""""" #dh ,=m ,,rc#aei1 ,am.t ,[+ ,remitt.e ,v\*] """""""""""""" #di ,=m ,,rc#afj1 ,9t]im ,pay;ts ,remitt.e ,v\*] """""""""""""" #ej ;iii ,9dex ,mak+ l>ge pay;ts """""""""""""""" #ea ,[+ m9imal am.ts """"""""""""""""" #ea ,transf]s """""""""""""""""""""""""" #ec ,transf]r+ 9/al;ts """"""""""""""" #ec ,refunds & ov]pay;ts """"""""""""""" #eg ,refund+ 9/al;t pay;ts """"""""""" #eg ,expect+ a l>ge refund """"""""""" #eg ,transf]r+ ov]pay;ts """"""""""""" #eh ,prepay+ reassess;ts """"""""""""""" #fa ,9t]e/ & p5alties """""""""""""""""" #fc ,9/al;t 9t]e/ """""""""""""""""""" #fc ,9/al;t p5alty """"""""""""""""""" #fi ,>re>s 9t]e/ """"""""""""""""""""" #ga ,refund 9t]e/ """""""""""""""""""" #ga ,e6ect (a c>ryback """"""""""""""" #gb ,=giv5 9t]e/ """"""""""""""""""""" #gc ,c.ell+ small am.ts ( p5alty & 9t]e/ """""""""""""""""""""""""" #gc ,c.ell+ or waiv+ p5alties & 9t]e/ """""""""""""""""""""""""" #gd ,"w%eets """"""""""""""""""""""""""" #gg ,rates ( tax """"""""""""""""""""" #gh ,f$]al """"""""""""""""""""""""" #gh ;iv ,9dex ,prov9cial or t]ritorial """"""" #gh ,"w%eet #a--,calculat+ e/imat$ tax paya# & tax cr$its = #bjaj #he ,"w%eet #b--,calculat+ mon?ly 9/al;t pay;ts = #bjaj """""""""" #ib ,"w%eet #c--,calculat+ qu>t]ly 9/al;t pay;ts = #bjaj """""""""" #ig ,app5dices """""""""""""""""""""""" #ajc ,app5dix #a--,9/al;t base-- ,amalgam,ns ,7,regul,n #ecja7#d77' """"""""""""""""""" #ajc ,app5dix #b--,9/al;t base--,w9d- ups ,7,regul,n #ecja7#f77' """" #ajg ,2f ! w9d-up """""""""""""""""" #aji ,af ! w9d-up """""""""""""""""" #aji ,app5dix #c--,9/al;t base-- ,transf]s or rollov]s ,7,regul,n #ecja7#h77' """""""" #aab ,2f ! rollov] """"""""""""""""" #aad ,af ! rollov] """"""""""""""""" #aad ,app5dix #d--,"w%eet #b-- ,example #a """"""""""""""""""" #aag ;v ,9dex ,"w%eet #b--,calculat+ mon?ly 9/al;t pay;ts = #bjaj """"""" #aah ,app5dix #e--,"w%eet #b-- ,example #b """"""""""""""""""" #abc ,"w%eet #b--,calculat+ mon?ly 9/al;t pay;ts = #bjaj """"""" #abc ,app5dix #f--,"w%eet #b-- ,example #c """"""""""""""""""" #abh ,"w%eet #b--,calculat+ mon?ly 9/al;t pay;ts = #bjaj """"""" #abi ,app5dix #g--,"w%eet #c-- ,example """""""""""""""""""""" #acd ,"w%eet #c--,calculat+ qu>t]ly 9/al;t pay;ts = #bjaj """"""" #acd ,= m 9=m,n """""""""""""""""""""""" #ada ,\r s]vice -pla9t process """"""" #adb ,/ep #a--,talk 6u """"""""""""" #adb ,/ep #b--,3tact ,,cra--,s]vice ,-pla9ts """""""""""""""""""" #adb ,/ep #c--,3tact ! (fice (! ,taxpay]s' ,ombudsman """"""" #adc ,teletypewrit] """""""""""""""""" #adc ,non-resid5t corpor,n 5quiries "" #add ;vi ,9dex ,=ms & public,ns """""""""""""""" #add ,my ,busi;s ,a3.t """"""""""""""" #ade ,repres5t a cli5t """"""""""""" #adf ,electronic s]vices """"""""""""""" #adg ;vii ,transcrib]'s note3 7,front cov]7 ,canada ,rev5ue ,ag5cy ,corpor,n ,9/al;t ,guide #bjaj ,t#g;,b ,corp4 7,e7 ,rev4 #ji _+www.cra.gc.ca_: ,transcrib]'s note3 7,9side front cov]7 ,is ? guide = y8 ,g5],y1 corpor,ns h 6pay _! taxes 9 9/al;ts4 ,an 9/al;t pay;t is a "pial pay;t (! total am.t ( tax paya# =! ye>4 ,! ,9come ,tax ,act requires corpor,ns 6make 9/al;t pay;ts s t !y >e tr1t$ ! same z taxpay]s :o h tax deduct$ at s\rce f _! 9come4 #a ,is ? guide = y8 ,s9ce special rules may apply1 r1d ! :ole guide 6det]m9e if y h 6make 9/al;t pay;ts4 ,! ,9come ,tax ,act au?orizes u 6*>ge 9/al;t 9t]e/ & p5alties1 & >re>s 9t]e/1 if we d n get ! requir$ pay;ts on "t4 ,note ,! t]ms .9/al;t .pay;t & .9t]im .pay;t >e 9t]*angea#4 ,ei t]m may appe> 9 correspond;e & public,ns y get f u4 ,! t]m .report+ .p]iod has ! same m1n+ z ! t]m .tax .ye> s9ce bo? t]ms describe ! p]iod assess$4 ,if y h a visual impair;t1 y c get \r public,ns 9 brl1 l>ge pr9t1 etext 7;,,cd or diskette71 or ,,mp#c4 ,= m 9=m,n1 g 6_+www.cra.gc.ca/alternate_: or call #a-hjj-iei-bbba4 #b ,:at's new8 ,busi;s ,limit ,! busi;s limit has 9cr1s$ z ( ,janu>y #a1 #bjji1 64#ejj1jjj4 ,3sequ5tly1 c]ta9 ,canadian-3troll$ private corpor,ns 7,,ccpc's7 ) taxa# 9come n exce$+ 4#ejj1jjj = _! #bjji & subsequ5t tax ye>s may 2 eligi# = qu>t]ly 9/al;ts4 ,z well1 "s ,,ccpc's ) taxa# 9come abv 4#djj1jjj1 b 2l ! new limit1 h an a4i;nal mon? 6pay any bal.e [+4 ,my ,busi;s ,a3.t ,y c n[ transf] pay;ts & cr$its f "o 9t]im p]iod 6ano!r 9t]im p]iod or 6an am.t [+ )9 ! same a3.t4 ,y w 2 a# 6see ! results immly1 9clud+ up-to-date a3.t bal.es & 9t]e/1 if applica#4 ,g 6! 8,a3.t bal.e & activities0 s]vice 6a3ess ! 8,transf] ,pay;t0 op;n4 #c ,:at's new8 ,6le>n m ab ! gr[+ li/ ( s]vices availa# 9 ,my ,busi;s ,a3.t1 g 6_+www.cra.gc.ca/mybusinessaccount_:4 ,my ,pay;t ,my ,pay;t is a new pay;t op;n t all[s 9dividuals & busi;ses 6make pay;ts onl9e1 us+ ! ,canada ,rev5ue ,ag5cy's ,web site1 f an a3.t at a "picipat+ ,canadian f9ancial 9/itu;n4 ,= m 9=m,n on ? self-s]vice op;n1 g 6_+www.cra.gc.ca/mypayment_:4 ,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 #d ,ta# ( ,3t5ts #d ,page ,9/al;t require;ts """""""""""""""""" #e ,"ps ,i1 ,,vi1 ,,vi4#a1 & ,,xiii4#a tax 9/al;ts """"""""""" #e ,calculat+ yr 9/al;ts ( ,"ps ,i1 ,,vi1 ,,vi4#a1 & ,,xiii4#a tax """"""""""""""""" #e ,"p ,,xii4#a--,tax on c>v$-\ 9come """"""""""""""""""""""""""" #f ,report+ ,"p ,,xii4#a tax """"""" #f ,calculat+ 9/al;ts ( ,"p ,,xii4#a tax """""""""""""""""" #f ,"p ,,xii4#c--,tax on 9ve/;t 9come ( life 9sur]s """"""""""""" #f ,report+ ,"p ,,xii4#c tax """"""" #f ,calculat+ 9/al;ts ( ,"p ,,xii4#c tax """""""""""""""""" #g ,special situ,ns--,:5 d y n h 6pay 9/al;ts8 """"""""""""""""""" #g ,tax paya# ( 4#c1jjj or less """" #g ,new corpor,ns """""""""""""""""" #g #e ,ta# ( 3t5ts a#d ,special rules """""""""""""""""""" #g ,%ort tax ye>s """""""""""""""""" #g ,fluctuat+ fil+ p]iod 5d+ 7fiscal p]iod l;g] ?an #cfe "ds7 """""""""""""""""""""""""" #g ,amalgam,ns """"""""""""""""""""" #h ,w9d-ups """""""""""""""""""""""" #h ,transf]s or rollov]s """"""""""" #h ,*ange ( 3trol """""""""""""""""" #h ,specifi$ future tax 3sequ;es """ #h ,due dates """""""""""""""""""""""""" #h ,9/al;t due dates """"""""""""""""" #h ,bal.e due date """"""""""""""""""" #h ,amalgam,ns """"""""""""""""""""" #i ,w9d-ups """""""""""""""""""""""" #i ,"u/&+ /ate;ts """""""""""""""""""""" #i ,regi/]+ an alt]nate a4ress """"""" #i ,/ate;t ( ,9t]im ,pay;ts """""""""" #i ,/ate;t ( ,>re>s """""""""""""""""" #i ,pay+ 9/al;ts """""""""""""""""""""" #aj ,mak+ a pay;t """""""""""""""""""" #aj ,canada ,rev5ue ,ag5cy 7,,cra7 ,web ,site """"""""""""""""""" #aj #f ,ta# ( 3t5ts b#d ,electronic,y """""""""""""""""" #aj ,at yr f9ancial 9/itu;n """""""" #aj ,0mail """"""""""""""""""""""""" #aj ,pay+ on "t """""""""""""""""""""" #aj ,us+ ! "r pay;t v\*] """"""""""""" #aj ,=m ,,rc#aei1 ,am.t ,[+ ,remitt.e ,v\*] """""""""""""" #aj ,=m ,,rc#afj1 ,9t]im ,pay;ts ,remitt.e ,v\*] """""""""""""" #aj ,mak+ l>ge pay;ts """""""""""""""" #aa ,[+ m9imal am.ts """"""""""""""""" #aa ,transf]s """""""""""""""""""""""""" #aa ,transf]r+ 9/al;ts """"""""""""""" #aa ,refunds & ov]pay;ts """"""""""""""" #aa ,refund+ 9/al;t pay;ts """"""""""" #aa ,expect+ a l>ge refund """"""""""" #aa ,transf]r+ ov]pay;ts """"""""""""" #aa ,prepay+ reassess;ts """"""""""""""" #ab ,9t]e/ & p5alties """""""""""""""""" #ab ,9/al;t 9t]e/ """""""""""""""""""" #ab ,9/al;t p5alty """"""""""""""""""" #ad ,>re>s 9t]e/ """"""""""""""""""""" #ad ,refund 9t]e/ """""""""""""""""""" #ad #g ,ta# ( 3t5ts c#d ,e6ect (a c>ryback """"""""""""""" #ad ,=giv5 9t]e/ """"""""""""""""""""" #ad ,c.ell+ small am.ts ( p5alty & 9t]e/ """""""""""""""""""""""""" #ad ,c.ell+ or waiv+ p5alties & 9t]e/ """""""""""""""""""""""""" #ad ,"w%eets """"""""""""""""""""""""""" #ae ,rates ( tax """"""""""""""""""""" #ae ,f$]al """"""""""""""""""""""""" #ae ,prov9cial or t]ritorial """"""" #ae ,"w%eet #a--,calculat+ e/imat$ tax paya# & tax cr$its = #bjaj #ag ,"w%eet #b--,calculat+ mon?ly 9/al;t pay;ts = #bjaj """""""""" #bj ,"w%eet #c--,calculat+ qu>t]ly 9/al;t pay;ts = #bjaj """""""""" #ba ,app5dices """"""""""""""""""""""""" #bb ,app5dix #a--,9/al;t base-- ,amalgam,ns """""""""""""""""""" #bb ,app5dix #b--,9/al;t base--,w9d- ups """""""""""""""""""""""""""" #bc ,app5dix #c--,9/al;t base-- ,transf]s or rollov]s """""""""" #bd #h ,ta# ( 3t5ts d#d ,app5dix #d--,"w%eet #b-- ,example #a """""""""""""""""""" #bf ,app5dix #e--,"w%eet #b-- ,example #b """""""""""""""""""" #bg ,app5dix #f--,"w%eet #b-- ,example #c """""""""""""""""""" #bh ,app5dix #g--,"w%eet #c-- ,example """"""""""""""""""""""" #cj ,= m 9=m,n """"""""""""""""""""""""" #ca ,\r s]vice -pla9t process """""""" #ca ,teletypewrit] """"""""""""""""""" #ca ,non-resid5t corpor,n 5quiries """ #ca ,=ms & public,ns """"""""""""""""" #ca ,my ,busi;s ,a3.t """""""""""""""" #ca ,repres5t a cli5t """""""""""""" #ca #i #aj ,9/al;t require;ts #e ,corpor,ns g5],y make mon?ly or qu>t]ly pay;ts call$ 9/al;ts t[>ds _! tax liabil;y "u ^! "ps (! ,9come ,tax ,act3 --,"ps ,i1 ,,vi1 ,,vi4#a1 & ,,xiii4#a2 --,"p ,,xii4#a2 & --,"p ,,xii4#c4 ,"ps ,i1 ,,vi1 ,,vi4#a1 & ,,xiii4#a tax 9/al;ts ,^! taxes >e a4$ tgr 6det]m9e yr 9/al;t require;ts3 --,"p ,i--,tax on 9come2 --,"p ,,vi--,tax on capital ( f9ancial 9/itu;ns2 --,"p ,,vi4#a--,tax on corpor,ns pay+ divid5ds on taxa# pref]r$ %>es2 & --,"p ,,xiii4#a--,a4i;nal tax on au?oriz$ =eign banks4 #aa ,calculat+ yr 9/al;ts ( ,"ps a#e ,i1 ,,vi1 ,,vi4#a1 & ,,xiii4#a tax ,"! >e ?ree op;ns y c use 6calculate ! l1/ am.t ( tax y h 6pay 9 9/al;ts =! curr5t tax ye> ,7subsec;ns #aeg7#a7 & #aeg7#c77'1 bas$ on ! curr5t ye>1 ! previ\s ye>1 or a -b9,n (! previ\s ye> &! ye> 2f ! previ\s ye>4 ,= all ?ree op;ns1 y base ! calcul,n on ! total tax y h 6pay "u ,"ps ,i1 ,,vi1 ,,vi4#a1 & ,,xiii4#a (! ,act1 &! tax y h 6pay 6prov9ces &/or t]ritories 7o!r ?an ,quebec & ,alb]ta74 ,unlike o!r prov9ces &! t]ritories1 ,quebec & ,alb]ta adm9i/] & collect _! [n corpor,n taxes4 ,corpor,ns t e>n$ taxa# 9come 9 ^! prov9ces pay prov9cial tax directly 6^? prov9ces4 ,corpor,ns t h a p]man5t e/abli%;t 9 ,ont>io file a h>moniz$ ,t#b ,corpor,n ,9come ,tax ,return )! ,,cra4 ,:5 calculat+ yr 9/al;t pay;ts1 9clude ! foll[+ ,ont>io corpor,n taxes3 #ab ,9/al;t require;ts b#e corporate 9come tax2 corporate m9imum tax2 capital tax2 & special a4i;nal tax on life 9sur.e corpor,ns4 ,refunda# & non-refunda# f$]al1 prov9cial1 & t]ritorial tax cr$its >e 9clud$ 9 ! calcul,n ( 9/al;t pay;ts4 ,use ! e/imat$ cr$its =! curr5t ye> 6calculate yr 9/al;t pay;ts "u ! ?ree op;ns4 ,we w assess yr return us+ ! op;n t results 9 ! l1/ am.t paya# 09/al;ts4 ,we w *>ge 9t]e/ if y use op;n #a & yr e/imat$ tax 0 l[] ?an ! ye>'s actual tax &! tax calculat$ us+ op;n #b or #c4 ,mon?ly 9/al;t pay;ts ,y c calculate yr mon?ly 9/al;t pay;ts us+ "o (! foll[+ op;ns3 ,op;n #a--,"o-twelf? (! e/imat$ tax paya# =! curr5t tax ye> is due ea* mon? (! tax ye>4 #ac ,9/al;t require;ts c#e ,op;n #b--,"o-twelf? (! tax paya# f ! previ\s tax ye> is due ea* mon? (! curr5t tax ye>4 ,op;n #c--,"o-twelf? (! tax paya# f ! ye> 2f ! previ\s tax ye> is due 9 ea* (! f/ two mon?s (! curr5t tax ye>4 ,"o-t5? (! di6];e 2t ! tax =! previ\s tax ye> &! total (! f/ two pay;ts is due 9 ea* (! rema9+ #aj mon?s (! curr5t tax ye>4 ,we provide two "w%eets 6help y calculate yr e/imat$ tax paya# & tax cr$its1 z well z yr mon?ly 9/al;t pay;ts3 --,"w%eet #a--,calculat+ e/imat$ tax paya# & tax cr$its = #bjaj2 & --,"w%eet #b--,calculat+ mon?ly 9/al;t pay;ts = #bjaj4 ,^! "w%eets c 2 f.d on page #ag & page #bj or y c get !m at _+www.cra.gc.ca/forms_: z ,t#b;,,ws#a & ,t#b;,,ws#b4 #ad ,o!r op;ns = eligi# small d#e ,canadian-3troll$ private corpor,ns 7,,ccpc7 ,y c calculate ! qu>t]ly 9/al;t pay;ts ( ,"ps ,i & ,,vi4#a1 = an eligi# small- ,,ccpc us+ "o (! foll[+ op;ns3 ,op;n #a--,"o-qu>t] (! e/imat$ tax paya# =! curr5t tax ye> is due ea* qu>t] (! tax ye>4 ,op;n #b--,"o-qu>t] (! tax paya# f ! previ\s tax ye> is due ea* qu>t] (! curr5t tax ye>4 ,op;n #c--,"o-qu>t] (! tax paya# f ! ye> 2f ! previ\s tax ye> is due ! f/ qu>t] (! curr5t tax ye>4 ,"o-?ird (! di6];e 2t ! tax =! previ\s tax ye> &! f/ pay;t is due 9 ea* (! rema9+ ?ree qu>t]s (! curr5t tax ye>4 ,we provide ,"w%eet #c1 ,calculat+ qu>t]ly 9/al;t pay;ts = #bjaj1 6help y calculate yr qu>t]ly 9/al;t pay;ts4 ,? "w%eet c 2 f.d on page #ba or y c get x at _+www.cra.gc.ca/forms_: z ,t#b;,,ws#c4 #ae ,>e y eligi# 6make qu>t]ly e#e 9/al;t pay;ts8 ,a small-,,ccpc is eligi# 6make qu>t]ly 9/al;t pay;ts if1 at ! "t ! pay;t is due3 --x has a p]fect -pli.e hi/ory2 --x has claim$ a small busi;s deduc;n =! curr5t or previ\s tax ye>2 --------------------------------------#f --tgr ) any associat$ corpor,ns1 =! curr5t or previ\s tax ye>3 --x has taxa# 9come ( 4#ejj1jjj or less2 & --x has taxa# capital employ$ 9 ,canada =! tax ye> ( 4#aj million or less4 ,we 3sid] y 6h a p]fect -pli.e hi/ory if1 dur+ ! previ\s #ab mon?s 5d+ at ! "t xs la/ 9/al;t is due3 --y remitt$ on "t all ! am.ts requir$ = ,,gst/,,hst1 )hold+ "u subsec;n #aec7#a7 (! ,9come ,tax ,act1 ,canada ,p5.n ,plan #af ,9/al;t require;ts a#f 3tribu;ns & ,employ;t ,9sur.e premiums2 & --y fil$ on "t all returns requir$ "u ! ,9come ,tax ,act or "u ,"p ,,ix (! ,excise ,tax ,act 7,,gst/,,hst74 ,notes 8,la/ 9/al;t is due0 m1ns ! due date (! previ\s 9/al;t4 ,an ,ont>io corpor,n t has taxa# 9come ( m ?an 4#djj1jjj b less ?an 4#ejj1jjj wd n 2 eligi# 6make qu>t]ly 9/al;t pay;ts ev5 if all o!r eligibil;y crit]ia =a small-,,ccpc >e met4 ,example ,if ! corpor,n has made qu>t]ly 9/al;ts on ,m>* #ca & ,june #cj & is curr5tly decid+ :e!r or n a qu>t]ly 9/al;t on ,septemb] #cj is all[$1 see if ! corpor,n met ! -pli.e require;ts "?\t ! #ab-mon? p]iod 5d+ ,june #ag ,9/al;t require;ts b#f #cj1 : is ! due date (! la/ previ\s 9/al;t4 ,>e y no l;g] eligi# 6make qu>t]ly 9/al;ts8 ,": a corpor,n has pd qu>t]ly 9/al;ts & c1ses at any "t 9 a tax ye> 6be eligi# 6pay qu>t]ly 9/al;ts1 !n ! corpor,n is / all[$ 6pay xs next 9/al;t due at ! 5d (! curr5t qu>t]4 ,h["e1 ! corpor,n w h 62g9 6pay mon?ly 9/al;ts foll[+ t qu>t]4 ,example ,? example %[s h[ 6calculate ! requir$ 9/al;t am.ts :5 a corpor,n is no l;g] eligi# 6make qu>t]ly 9/al;ts4 ,e/imat$ tax paya# =! curr5t ye> 4#abj1jjj ,divid$ 0#d #ah ,9/al;t require;ts c#f ,qu>t]ly 9/al;t pay;ts >e 4#cj1jjj ,a corpor,n c1ses 6be -pliant on ,may #ca1 #bjaj4 ,x is all[$ 6pay xs next 9/al;t due at ! 5d (! curr5t qu>t]1 : is ,june #cj1 #bjaj4 ,! corpor,n w h 62g9 6pay mon?ly 9/al;ts />t+ on ,july #ca1 #bjaj4 ,! f/ two 9/al;t pay;ts ( 4#cj1jjj >e due qu>t]ly on ,m>* #ca & ,june #cj1 #bjaj4 ,! numb] ( mon?s rema9+ 9 ! tax ye> af ,june #cj1 #bjaj1 is six4 ,=mula 6calculate rema9+ mon?ly 9/al;t pay;ts3 ,e/imat$ tax paya# =! curr5t ye> .m9us total ( all 9/al;t pay;ts due qu>t]ly :ile eligi#1 .divid$ .0! numb] ( mon?s rema9+ 9 ! tax ye> #ai ,9/al;t require;ts d#f ,74#abj1jjj m9us 74#cj1jjj multipli$ 0#b77' divid$ 0#f equals 4#aj1jjj ,"!=e1 six mon?ly 9/al;t pay;ts ( 4#aj1jjj >e due on ,july #ca1 ,augu/ #ca1 ,septemb] #cj1 ,octob] #ca1 ,novemb] #cj1 & ,decemb] #ca1 #bjaj4 ,note ,y c al base ? calcul,n on ! f/ 9/al;t base2 h["e1 y h 6add 6yr mon?ly pay;ts any e/imat$ ,"p ,,vi & ,,xiii4#a tax paya# =! curr5t ye>1 divid$ 0! numb] ( mon?s rema9+ 9 ! tax ye>4 ,"p ,,xii4#a--,tax on c>v$-\ 9come ,"p ,,xii4#a (! ,9come ,tax ,act applies 6! 9come f c>v$-\ prop]ty acquir$ af ,july #ai1 #aihe ,7sec;n #bji7'4 ,c>v$-\ prop]ty 9cludes ,canadian res\rce prop]ty ": c]ta9 #bj ,9/al;t require;ts e#f 3di;ns >e met4 ,! tax rate is #de@3p ( ? 9come4 ,>re>s & refund 9t]e/ apply 6,"p ,,xii4#a (! ,act4 ,report+ ,"p ,,xii4#a tax ,report ! ,"p ,,xii4#a tax y [e on ,=m ,t#bjif1 ,"p ,,xii4#a ,tax ,return--,tax on ,c>v$-,\ ,9come4 ,we %d get ! return )9 six mon?s (! 5d ( yr tax ye>4 ,calculat+ 9/al;ts ( ,"p ,,xii4#a tax ,y h 6make 9/al;t pay;ts equal 6"o- twelf? (! tax paya# "u ,"p ,,xii4#a (! ,act ea* mon? 9 ! tax ye>4 ,d n use op;n #a1 #b1 or #c m5;n$ previ\sly 6calculate ^! 9/al;ts4 ,! rema9+ tax1 if any1 is due on or 2f yr bal.e due date4 #ba ,"p ,,xii4#c--,tax on 9ve/;t f#f 9come ( life 9sur]s ,life 9sur]s may h 6pay tax "u ,"p ,,xii4#c (! ,9come ,tax ,act ,7sec;n #baa.a7'4 ,! am.t ( tax y may h 6pay is #ae@3p ( yr taxa# ,canadian life 9ve/;t 9come =! ye>4 ,>re>s & refund 9t]e/ apply 6,"p ,,xii4#c (! ,act4 ,report+ ,"p ,,xii4#c tax ,report ! ,"p ,,xii4#c tax y [e on ,=m ,t#badb1 ,"p ,,xii4#c ,tax ,return--,tax on ,9ve/;t ,9come ( ,life ,9sur]s4 ,we %d get ! return no lat] ?an six mon?s af ! 5d ( yr tax ye>4 --------------------------------------#g ,calculat+ 9/al;ts ( ,"p ,,xii4#c tax ,calculate ea* 9/al;t pay;t z "o- twelf? (! less] (3 #bb ,9/al;t require;ts a#g --! e/imat$ ,"p ,,xii4#c tax paya# =! curr5t tax ye>2 & --! ,"p ,,xii4#c tax paya# =! previ\s tax ye>4 ,d n use op;n #a1 #b1 or #c m5;n$ previ\sly 6calculate ,"p ,,xii4#c 9/al;t pay;ts4 ,use ,=m ,t#ija1 ,remitt.e ,v\*]1 6make yr 9/al;t pay;ts "u ,"p ,,xii4#c4 ,! rema9+ tax1 if any1 is due on or 2f yr bal.e due date4 ,note ,if y use ! e/imat$ ,"p ,,xii4#c tax paya# =! curr5t tax ye> 6det]m9e yr 9/al;t pay;ts &! actual am.t is grt] ?an yr e/imate1 y may n h made ! requir$ mon?ly 9/al;ts4 ,if s1 y may 2 *>g$ 9t]e/4 #bc ,special situ,ns--,:5 d y n b#g h 6pay 9/al;ts8 ,tax paya# ( 4#c1jjj or less ,y d n h 6make 9/al;t pay;ts on yr f$]al taxes if ! total ( yr taxes paya# "u ,"ps ,i1 ,,vi1 ,,vi4#a1 & ,,xiii4#a1 det]m9$ 2f tak+ 963sid],n specifi$ future tax 3sequ;es1 prior 6! deduc;n ( curr5t ye> refunda# tax cr$its1 = ei ! curr5t or previ\s ye> is 4#c1jjj or less ,7subsec;n #aeg7#b.a77'4 ,if yr ,"p ,,xii4#c tax is 4#c1jjj or less 9 ! curr5t or previ\s ye>1 y d n h 6make 9/al;t pay;ts on ? tax4 ,simil>ly1 y d n h 6make 9/al;t pay;ts on yr prov9cial or t]ritorial taxes if ! total ( yr prov9cial or t]ritorial taxes =! curr5t or previ\s ye> is 4#c1jjj or less4 ,h["e1 y h 6pay yr taxes1 if any1 on yr bal.e due date4 #bd ,new corpor,ns c#g ,except = ,"p ,,xii4#a tax1 y d n h 6make 9/al;t pay;ts =a new corpor,n until y h />t$ yr second ye> ( op],n4 ,h["e1 = yr f/ ye> ( op],n1 y h 6pay any tax y [e on or 2f yr bal.e due date = t tax ye>4 ,note ,y may h 6/>t mak+ 9/al;t pay;ts = yr second ye> ev5 2f y pay yr bal.e due or file yr f/ return4 ,6help u allocate yr f/ pay;t 6! correct ye> 5d1 y c 3tact ! ,,cra 6h yr tax ye> 5d cr1t$ 2f y make ! f/ pay;t4 ,o!rwise1 ! sy/em w allocate yr f/ pay;t 6a ,decemb] #ca ye> 5d4 ,yr f/ tax ye> %d />t on yr 9corpor,n date4 ,if y />t yr tax ye> af ? date1 x may a6ect yr require;t 6make 9/al;ts lat]4 #be ,special rules d#g ,%ort tax ye>s ,yr tax ye> may 2 less ?an #ab mon?s4 ,if s1 y h 6pay "o-twelf? or "o-t5? ( yr tax ea* -plete mon? 9 ! tax ye>1 dep5d+ on : calcul,n op;n y *oose4 ,if y >e an eligi# small-,,ccpc1 y h 6pay "o-qu>t] or "o-?ird ( yr tax ea* -plete qu>t] 9 ! tax ye>4 ,see previ\s sec;ns on h[ 6calculate 9/al;ts4 ,y d n h 6make an 9/al;t pay;t =a tax ye> t is %ort] ?an "o mon?1 or 9 ! case ( an eligi# small-,,ccpc1 %ort] ?an "o qu>t]4 ,! tax y did n pay 9 9/al;ts is due on yr bal.e due date4 ,example ,/>t ( tax ye>3 ,janu>y #ae1 #bjaj ,5d ( tax ye>3 ,augu/ #ca1 #bjaj ,tax [$ 09/al;ts "u ,op;n #b3 4#cjj1jjj4 #bf ,9/al;t require;ts e#g ,sev5 .mon?ly 9/al;ts ( 4#be1jjj 7#a/ab ( 4#cjj1jjj7 ea* m/ 2 pd on ,febru>y #ad1 ,m>* #ad1 ,april #ad1 ,may #ad1 ,june #ad1 ,july #ad1 & ,augu/ #ad4 ,if ! actual tax =! ye> is 4#djj1jjj1 ! rema9+ 4#bbe1jjj is due 0! bal.e due date4 ,= an eligi# small-,,ccpc1 two .qu>t]ly 9/al;ts ( 4#ge1jjj 7#a/d ( 4#cjj1jjj7 ea* m/ 2 pd on ,april #ad & ,july #ad4 ,if ! actual tax =! ye> is 4#djj1jjj1 ! rema9+ 4#bej1jjj is due 0! bal.e due date4 ,= op;n #b or #c1 :5 a previ\s tax ye> is less ?an #ab mon?s1 ! tax paya# = t ye> is adju/$ 6a #ab-mon? equival5t ,7,regul,n #ecja7#a77'4 ,? is call$ ! .adju/$ .base4 #bg ,9/al;t require;ts f#g ,6calculate ! adju/$ base1 divide #cfe 0! numb] ( "ds 9 ! tax ye>4 ,multiply ? figure 0! actual tax paya# = t ye>4 ,note #cfe is n adju/$ =! l1p ye>4 ,= op;n #b or #c1 :5 a previ\s tax ye> is less ?an #ahc "ds1 ! adju/$ base is :i*"e (! foll[+ am.ts is grt]3 --! adju/$ base = t tax ye>2 or --! adju/$ base =! next previ\s tax ye> ( m ?an #ahb "ds ,7,regul,n #ecja7#c77'4 ,fluctuat+ fil+ p]iod 5d+ 7fiscal p]iod l;g] ?an #cfe "ds7 ,no *ange 6! fiscal p]iod is 3sid]$ 6o3ur ": a corpor,n foll[s ! practice ( 5d+ xs fiscal p]iod on a *os5 "d (! week #bh ,9/al;t require;ts g#g t is ne>e/ 6a c]ta9 "d (! ye>1 provid$ t ! result+ p]iod does n exce$ #ec weeks4 ,ref];e ,,it-#agi1 ,*ange ( fiscal p]iod --------------------------------------#h ,amalgam,ns ,:5 a new corpor,n is =m$ 0amalgam,n1 x is tr1t$ z a 3t9u,n (! pr$ecessor corpor,ns ,7sec;n #hg7'4 ,g5],y1 ! 9/al;t base (! new corpor,n is ! total (! pr$ecessor corpor,ns' 9/al;t bases ,7,regul,n #ecja7#d77'4 ,= an example1 see ,app5dix #a on page #bb4 ,w9d-ups ,:5 a subsidi>y corpor,n is w.d up 96a ,canadian p>5t corpor,n ,7subsec;n #hh7#a77'1 ! p>5t corpor,n g5],y has 69clude1 9 a4i;n 6xs [n 9/al;t base1 ! 9/al;t base ( xs subsidi>y corpor,n #bi ,9/al;t require;ts a#h ,7,regul,n #ecja7#f77'4 ,= an example1 see ,app5dix #b on page #bc4 ,transf]s or rollov]s ,"! >e situ,ns ":1 9 a transac;n 6: subsec;n #he7#a71 #he7#b71 or #adb.g7#c7 applies1 a corpor,n rcvs all or sub/anti,y all 7g5],y #ij@3p or m7 (! prop]ty ( ano!r corpor,n t x does n d1l ) at >m's l5g?4 ,9 ? case1 ! corpor,n has 69clude1 9 a4i;n 6xs [n 9/al;t base1 ! 9/al;t base (! o!r corpor,n ,7,regul,n #ecja7#h77'4 ,= an example1 see ,app5dix #c on page #bd4 ,ref];e ,,it-#dai1 ,m1n+ ( ,>m's ,l5g? ,*ange ( 3trol ,if "! is a *ange ( 3trol (a corpor,n "u subsec;n #bdi7#d71 ! corpor,n 3t9ues 6exi/ z x 0 2f1 = 9/al;t purposes4 #cj ,9/al;t require;ts b#h ,:5 "! is a %ort tax ye>1 see ! special rules = %ort tax ye>s on page #g4 ,ref];e ,,it-#cjb1 ,losses (a ,corpor,n--,! ,e6ect t ,acquisi;ns ( ,3trol1 ,amalgam,ns1 & ,w9d+s-up h on ,_! ,deductibil;y--,af ,janu>y #ae1 #aihg ,specifi$ future tax 3sequ;es ,= 9/al;t calcul,ns1 ! tax paya# =a tax ye> is ! total tax paya# =! ye> 2f tak+ 963sid],n ! specifi$ future tax 3sequ;es =! ye> ,7,regul,n #ecja7#aj77'4 ,specifi$ future tax 3sequ;es >e def9$ 9 subsec;n #bdh7#a74 ,^! 9clude ?+s l loss c>ryback1 =eign tax cr$it adju/;ts1 & fl[-"? %>e renunci,n4 #ca c#h #cb ,due dates d#h ,9/al;t due dates ,9/al;t pay;ts >e due on ! la/ "d ( e -plete mon? ( yr tax ye> ,7subsec;n #aeg7#a77'1 or ( e -plete qu>t] ,7subsec;n #aeg7#a.a77'1 if y >e an eligi# small-,,ccpc4 ,! f/ pay;t is due "o mon? or "o qu>t] m9us a "d f ! />t+ "d ( yr tax ye>4 ,! re/ (! pay;ts >e due on ! same "d ( ea* mon? or ea* qu>t] t foll[s4 ,example #a ,/>t ( tax ye>3 ,janu>y #a1 #bjaj ,5d ( tax ye>3 ,decemb] #ca1 #bjaj ,ea* (! mon?ly 9/al;t pay;ts is due 0! la/ "d ( ea* mon? dur+ ! tax ye>4 ,! f/ pay;t is due 0,janu>y #ca1 #bjaj4 ,! la/ pay;t is due 0,decemb] #ca1 #bjaj4 #cc ,due dates e#h ,if ! corpor,n is all[$ 6make qu>t]ly 9/al;t pay;ts1 ! pay;ts >e due on ,m>* #ca1 ,june #cj1 ,septemb] #cj1 & ,decemb] #ca1 #bjaj4 ,example #b ,f/ "d ( tax ye>3 ,octob] #aj1 #bjji ,5d ( tax ye>3 ,octob] #i1 #bjaj ,! f/ mon?ly 9/al;t pay;t is due 0,novemb] #i1 #bjji4 ,! la/ pay;t is due 0,octob] #i1 #bjaj4 ,if ! corpor,n is all[$ 6make qu>t]ly 9/al;t pay;ts1 ! pay;ts >e due on ,janu>y #i1 ,april #i1 ,july #i1 & ,octob] #i1 #bjaj4 ,bal.e due date ,! bal.e due date is ! date y h 6pay ! rema9d] (! tax y [e =! tax ye> ,7p>agraph #aeg7#a77b77'4 #cd ,due dates f#h ,g5],y1 all corpor,n taxes 7except ,"p ,,iii & ,"p ,,xii4#f7 *>g$ "u ! ,9come ,tax ,act >e due .two mon?s af ! 5d (! tax ye>4 ,h["e1 = ,"ps ,i1 ,,vi1 ,,vi4#a1 & ,,xiii4#a tax1 ! bal.e ( tax is due .?ree mon?s af ! 5d (! tax ye> if ! foll[+ 3di;ns apply3 --! corpor,n is a ,canadian-3troll$ private corpor,n 7,,ccpc7 "?\t ! tax ye>2 --! corpor,n claim$ ! small busi;s deduc;n =! curr5t or previ\s tax ye>1 .& .ei3 --! corpor,n's taxa# 9come =! previ\s tax ye> does n exce$ xs busi;s limit = t tax ye> 7if ! corpor,n .is .n .associat$ ) any o!r corpor,n dur+ ! tax ye>72 or --! total (! taxa# 9comes ( .all ! associat$ corpor,ns = _! la/ tax ye> 5d+ 9 ! previ\s cal5d> ye> does n exce$ ! total ( _! busi;s limits = ^? tax ye>s 7if ! #ce ,due dates g#h corpor,n .is .associat$ ) any o!r corpor,n dur+ ! tax ye>74 ,note ,= det]m9+ bal.e due dates1 ! previ\s- ye> taxa# 9come ( corpor,ns & associat$1 subsidi>y1 & pr$ecessor corpor,ns m1ns taxa# 9come 2f apply+ loss c>rybacks4 ,= 9=m,n on busi;s limits1 see ,guide ,t#djab1 ,t#b ,corpor,n--,9come ,tax ,guide4 --------------------------------------#i ,amalgam,ns ,! .bal.e .due .date (a new corpor,n =m$ af an amalgam,n has tak5 place w 2 a6ect$ 0! new corpor,n's taxa# 9come =! previ\s ye>4 ,? taxa# 9come is ! total (! pr$ecessor corpor,ns' taxa# 9come = _! tax ye>s t 5d$ j 2f !y amalgamat$ #cf ,due dates a#i ,7p>agraph #hg7#b77oo4#a77'4 ,! same rule applies = det]m9+ ! busi;s limit4 ,w9d-ups ,6det]m9e a p>5t corpor,n's .bal.e .due .date 9 xs f/ tax ye> af x rcvs ! assets (a subsidi>y corpor,n t is w9d+- up ,7p>agraph #hh7#a77e4#i77'1 ! taxa# 9come =! previ\s tax ye> is ! total (3 --! p>5t corpor,n's taxa# 9come = t ye>2 & --! subsidi>y corpor,n's taxa# 9come = xs tax ye>s 5d+ 9 ! cal5d> ye> t ! p>5t corpor,n's previ\s tax ye> 5d$4 ,! same rule applies = det]m9+ ! busi;s limit4 #cg b#i #ch ,"u/&+ /ate;ts c#i ,we issue /ate;ts on a p]iodic basis1 r ?an on a transac;nal basis4 ,^! /ate;ts %[ 9t]im or >re>s bal.es c>ri$ =w>d f previ\s /ate;ts1 plus ! details ( any a3.t activ;y t o3urs dur+ ! /ate;t p]iod4 ,all 9=m,n is 4play$ 0report+ p]iod4 ,>re>s 9=m,n %[s all am.ts assess$ & *>g$ 6yr a3.t4 ,9t]im 9=m,n %[s y ! bal.e ( 9/al;t pay;ts = ea* report+ p]iod = : we h n process$ a return4 ,review ea* ,/ate;t ( ,9t]im ,pay;ts & ,/ate;t ( ,>re>s y get 6make sure we h appli$ yr pay;ts correctly4 ,y c transf] a pay;t 9 ,my ,busi;s ,a3.t1 f "o 9t]im p]iod 6ano!r 9t]im p]iod1 or 6pay an am.t [+1 & immly view ! results 9clud+ 9t]e/1 if applica#4 ,if we made an ]ror 9 apply+ any ( yr pay;ts1 y c reque/ a transf] "? \r 8,make onl9e reque/s0 s]vice 9 ,my ,busi;s ,a3.t4 ,pay;ts >e n transf]a# once yr tax return has be5 #ci ,"u/&+ /ate;ts d#i assess$4 ,= m 9=m,n1 see ! sec;n call$ 8,transf]r+ 9/al;ts0 on page #aa4 ,keep ! /ate;ts ) yr records = future use4 ,y c al view yr 9/al;ts1 0select+ ! 8,a3.t bal.e & activities0 s]vice 9 ,my ,busi;s ,a3.t4 ,y c make an onl9e reque/ 9 ,my ,busi;s ,a3.t or at _+www.cra-arc.gc._& ca/requests-business/_:1 to3 --reque/ t we /op or re/>t mail+ yr /ate;ts or ! return 5velope t y rcvd ) yr remitt.e v\*]7s71 us+ ! 8,*ange mail+ 9/ruc;ns0 op;n2 --reque/ copies ( notices & /ate;ts2 & --reque/ a /ate;t =a di6]5t p]iod ?an ! "o we issu$4 ,regi/]+ an alt]nate a4ress ,y c h ^! /ate;ts & any ,notific,n ( ,return$ ,pay;t s5t 6ei yr3 #dj ,"u/&+ /ate;ts e#i --program a3.t mail+ a4ress2 --busi;s physical loc,n2 or --! mail+ a4ress we h on record = yr ,busi;s ,numb]4 ,y c regi/] an alt]nate a4ress =a def9ite or 9def9ite p]iod1 e6ective immly or 9 ! future4 ,/ate;t ( ,9t]im ,pay;ts ,! ,/ate;t ( ,9t]im ,pay;ts is dat$ ! #g? (! mon? & mail$ 0! #ah? (! mon?4 ,x is us$ to3 --ac"kl$ge receipt ( 9t]im pay;ts2 --%[ cr$it move;t 7transf]s 9 or \72 --%[ applic,n ( 9t]im cr$its 6assess;ts2 --provide 9t]im cr$it bal.es 0p]iod7s72 --provide ! gr& total bal.e acr all 9t]im p]iods2 & --provide ,=m ,,rc#afj1 ,9t]im ,pay;ts ,remitt.e ,v\*]1 6make a lat] 9/al;t pay;t4 #da ,"u/&+ /ate;ts f#i ,! 9/al;t cr$its we %[ on yr ,/ate;t ( ,9t]im ,pay;ts = ea* tax ye> %d agree ) yr records4 ,"! may 2 a di6];e 2t \r records &! am.t y report on l9e #hdj ( yr return4 ,if s1 we w assess yr return us+ ! 9/al;t cr$its %[n 9 \r records1 & we may refund ! di6];e4 ,if y return ! refund1 we w cr$it x )! date t we rcvd x1 z we wd ) any o!r pay;t4 ,/ate;t ( ,>re>s ,! ,/ate;t ( ,>re>s is dat$ ! #ba/ (! mon? & mail$ 0! 5d (! mon?4 ,x is us$ to3 --ac"kl$ge receipt ( >re>s pay;ts2 --%[ all o!r transac;ns po/$ 6assess$ & non-report+ p]iods 7= example1 7re7assess;ts & transf]s72 --provide 7re7assess$ bal.es 0p]iod7s72 --provide ! total bal.e acr all p]iods2 & #db ,"u/&+ /ate;ts g#i --provide ,=m ,,rc#aei1 ,am.ts ,[+ ,remitt.e ,v\*]1 if "! is a bal.e \t/&+4 ,note ,9 ord] 6reduce pap] burd51 a ,/ate;t ( ,>re>s w only 2 issu$ if ! bal.e [+ on ! corpor,n a3.t is 4#ejj.jj or m & no ,/ate;t ( ,>re>s has be5 issu$ 9 ! previ\s #ij "ds4 #dc #dd ,pay+ 9/al;ts #aj ,mak+ a pay;t ,canada ,rev5ue ,ag5cy 7,,cra7 ,web ,site ,y may 2 a# 6pay onl9e us+ ,,cra's ,my ,pay;t op;n4 ,6use ,my ,pay;t1 or 6see if yr f9ancial 9/itu;n (f]s ? s]vice1 g 6_+www.cra.gc.ca/mypayment_:4 ,electronic,y ,y may 2 a# 6pay 0teleph"o or ,9t]net bank+4 ,= 9=m,n1 g 6_+www.cra.gc.ca/electronicpayments_: or 3tact yr f9ancial 9/itu;n 6see if !y provide ^! s]vices4 ,mo/ f9ancial 9/itu;ns all[ y 6s*$ule future dat$ pay;ts4 #de ,at yr f9ancial 9/itu;n a#aj ,y c make yr pay;t free ( *>ge at yr f9ancial 9/itu;n 9 ,canada4 ,pres5t ! "p ( yr /ate;t t 4plays yr remitt.e v\*] ) yr pay;t 6! tell]4 ,! tell] w return ! top "p 6y z a receipt4 ,y m/ h an orig9al v\*] f ! ,,cra = yr f9ancial 9/itu;n 6a3ept ! pay;t4 ,photocopies >e n a3ept$4 ,0mail ,y c mail a *eque or m"oy ord] paya# 6! ,rcvr ,g5]al1 al;g ) yr -plet$ remitt.e v\*] 6! foll[+ a4ress4 ,canada ,rev5ue ,ag5cy #hge ,h]on ,road ,ottawa ,,on ,k#a;,a #a;,b#a ,6help u process yr pay;t correctly1 write yr full #ae-digit ,busi;s ,numb]1 = example #abcde #fghi ,,rc#jjja1 on ! back (! *eque or m"oy ord]4 #df ,pay+ 9/al;ts b#aj ,*eques t >e po/-dat$ 6! due date >e a3epta#4 ,d n s5d ca% 9 ! mail4 ,pay+ on "t ,we 3sid] y 6h made tax pay;ts on ! "d t3 --!y >e .rcvd 0! ,,cra2 or --!y >e .process$ at any f9ancial 9/itu;n 2l;g+ 6! ,canadian ,pay;ts ,associ,n4 7,pay;ts made at an ,automat$ ,tell] ,ma*9e 7,,atm7 may n 2 process$ t same "d47 ,if y mail yr pay;t1 we 3sid] y 6h made ! pay;t on ! "d we rcv ! pay;t1 n on ! "d y mail$ x ,7subsec;n #bdh7#g7 (! ,9come ,tax ,act7'4 ,if yr pay;t due date falls on a ,satur"d1 ,sun"d1 or a public holi"d1 ! pay;t w 2 3sid]$ z hav+ be5 rcvd on "t1 if x is rcvd ! f/ busi;s "d af ! due date4 #dg ,us+ ! "r pay;t v\*] c#aj ,we h two -mon p]sonaliz$ remitt.e v\*]s t we s5d ) yr /ate;ts3 --,=m ,,rc#aei1 ,am.t ,[+ ,remitt.e ,v\*]2 & --,=m ,,rc#afj1 ,9t]im ,pay;ts ,remitt.e ,v\*]4 ,we w automatic,y s5d y ! appropriate type7s7 bas$ on yr a3.t /atus & ne$s1 al;g ) yr ,/ate;t ( ,9t]im ,pay;ts or ,/ate;t ( ,>re>s1 z applica#4 ,if y ne$ m v\*]s1 y c reque/ !m onl9e "? ,my ,busi;s ,a3.t 8,make onl9e reque/s0 s]vice or at _+www.cra.gc.ca/requests-business_:1 or y c call u at #a-hjj-iei-eebe4 ,f9ancial 9/itu;ns w n a3ept photocopi$ remitt.e v\*]s4 ,note ,if y >e a .new .corpor,n mak+ xs f/ pay;t1 y may n h a p]sonaliz$ remitt.e =m & %d ask = "o4 ,we w process yr f/ pay;t1 & !n we w s5d y a #dh ,pay+ 9/al;ts d#aj p]sonaliz$ =m )a /ate;t 6%[ ! bal.e ( yr a3.t4 ,if y make a pay;t )a *eque t yr f9ancial 9/itu;n does n hon\r1 9clud+ a pay;t on : y put a /op pay;t1 we w *>ge y an adm9i/rative fee4 ,6/>t mak+ 9/al;t pay;ts1 y ne$ 6ord] ,=m ,,rc#afj1 ,9t]im ,pay;ts ,remitt.e ,v\*]4 ,notes ,y w n automatic,y rcv ,=m ,,rc#afj = yr next 9/al;t pay;t un.s y make ! curr5t pay;t4 ,x is important 6-plete ! remitt.e v\*]s a3urately 6avoid misalloc,ns4 ,=m ,,rc#aei1 ,am.t ,[+ ,remitt.e ,v\*] ,use ,=m ,,rc#aei 6make pay;ts on an exi/+ debt or 6make an adv.e #di ,pay+ 9/al;ts e#aj deposit = an anticipat$ reassess;t4 ,:5 us+ ? pay;t v\*] 6make an adv.e deposit1 9dicate on ! v\*] t ! pay;t is an adv.e deposit4 ,y m/ al provide ! tax ye>7s7 ": ! reassess;t is anticipat$4 ,": multiple tax ye>s >e 2+ reassess$1 y m/ provide a li/ (! 9dividual tax ye>s &! correspond+ am.ts "u reassess;t = ea* ye>4 ,=m ,,rc#aei c al 2 us$ 6pay tax "u ,"ps ,,iv1 ,,iv4#a & ,,xiv4 ,=m ,,rc#afj1 ,9t]im ,pay;ts ,remitt.e ,v\*] ,use ,=m ,,rc#afj only 6make 9t]im pay;ts =! tax ye>-5d = : we h n process$ a return4 ,=m ,,rc#afj w %[ ! remitt.e p]iod 5d1 t is1 yr mon?ly or qu>t]ly 9/al;t pay;t due date1 n ! tax ye>-5d4 ,af all mon?ly or qu>t]ly 9t]im pay;ts >e made =! curr5t ye> 7= example1 #bjaj-ab-ca71 y w get ! f/ ,=m ,,rc#afj =! next ye> 7= example1 #bjaa-ab-ca71 al;g ) ano!r ,=m ,,rc#afj4 #ej ,pay+ 9/al;ts #aa ,? a4i;nal =m w %[ ! tax ye>-5d (! curr5t ye> 7= example1 #bjaj-ab-ca74 ,use ! =m 6remit ! rema9d] (! tax y [e on or 2f ! bal.e due date1 if applica#4 ,if y >e mak+ "o pay;t = taxes "u di6]5t "ps (! ,9come ,tax ,act1 tell u h[ 6allocate ea* am.t 6make sure t we cr$it yr a3.ts correctly4 ,mak+ l>ge pay;ts ,! ,canadian ,pay;ts ,associ,n sets a maximum value ( 4#be million = any *eque or o!r pap]-bas$ pay;t 9/ru;t cle>$ "? ! bank+ sy/em4 ,canadian f9ancial 9/itu;ns w n a3ept *eques 9 excess ( 4#be million t y drop (f or mail 6"o ( \r loc,ns4 ,y >e 5c\rag$ 6make >range;ts ) yr f9ancial 9/itu;ns = pay;ts ( l>ge am.ts4 ,[+ m9imal am.ts ,af we process yr return & apply any 9t]e/ or p5alty *>ges1 if ! total #ea ,pay+ 9/al;ts a#aa am.t [+ at t "t is 4#b or less1 y d n h 6pay t am.t4 ,if an am.t ( 4#b or less is [$ 6y1 ! am.t w n 2 pd2 h["e x w 2 appli$ 6any exi/+ liabil;y4 #eb ,transf]s b#aa ,transf]r+ 9/al;ts ,\r transf] policy all[s =! move;t ( excess 9/al;t pay;ts f "o a3.t ": !y >e n immly ne$$ 6ano!r a3.t ": !y >e ne$$ 6pay an exi/+ bal.e or requir$ 9/al;t am.t4 ,we w transf] an am.t 6pay an \t/&+ bal.e on a ,corpor,n1 ,,gst1 or an ,employ] a3.t2 or 6cov] a requir$ pay;t on an ,employ] a3.t4 ,9/al;t pay;ts may n 2 transf]r$ 6ano!r p]iod or a3.t z an adv.e deposit = an anticipat$ reassess;t4 ,we w 3sid] transf]s )9 ! same corpor,n a3.t or 2t relat$ corpor,n a3.ts bas$ on ! foll[+ guidel9es3 --,only an au?oriz$ (fic] (! corpor,n c ask 9 writ+ or 0teleph"o =a transf] ( 9/al;t pay;ts4 --,! reque/ has 6specify h[ y want 6apply ! pay;ts4 #ec ,transf]s c#aa --,y c transf] funds 2t tax ye>s 9 ! same a3.t or 6ano!r a3.t 6pay an exi/+ bal.e or requir$ 9/al;ts4 --,y c transf] ei "p (a pay;t or an am.t made up ( s"eal pay;ts4 --,y c ask = m ?an "o transf] dur+ ! ye>4 --,y _c transf] a pay;t af we h assess$ ! 9come tax return =! tax ye> 9 "q4 ,= calculat+ 9t]e/1 transf]r$ pay;ts keep _! orig9al pay;t date ,7sec;n #bba.b7'4 ,we 3sid] any o!r alloc,n n 6h o3urr$4 ,y m/ make e ef=t 6remit yr pay;ts 6! correct a3.t4 ,\r transf] policy is m1nt 6provide y ) flexibil;y 9 reallocat+ pay;ts :5 x has be5 det]m9$ t ! 9/al;t require;t previ\sly e/imat$ has be5 ov]pd4 ,if y make 3t9u\s reque/s = multiple transf]s1 we may ask y 6expla9 :y 9 writ+4 #ed ,transf]s d#aa ,note ,if y d n file an 9come tax return )9 ?ree ye>s (! 5d (! tax ye>1 9/al;t pay;ts correctly process$ 6? tax ye> w n 2 refund$ ,7subsec;n #afd7#a77'4 ,y w n 2 a# 6apply ^! pay;ts 6ano!r debt4 ,y c make a reque/ =a transf]3 --onl9e at _+www.cra.gc.ca/_& requests-business_:2 --0teleph"o at #a-hjj-iei-eebe2 or --y c a4ress yr reque/ 6,corpor,n ,s]vices at yr tax c5tre4 #ee e#aa #ef ,refunds & ov]pay;ts f#aa ,refund+ 9/al;t pay;ts ,we w n refund 9/al;t pay;ts until we h assess$ ! return =! ye> 9 "q4 ,!n we w refund any ov]pay;t ,7subsec;n #afd7#a77'1 provid$ "! is no debt or miss+ return on yr a3.t or any ( yr relat$ ,busi;s ,numb] a3.ts4 ,note ,y m/ file a return no lat] ?an ?ree ye>s af ! 5d (a tax ye> 6get a tax refund4 ,we w 3sid] refund+ a pay;t po/$ z an 9/al;t pay;t b 0 9t5d$ =a ?ird "py4 ,we d n pay refund 9t]e/ on ? type ( refund4 ,expect+ a l>ge refund ,if y >e expect+ a refund grt] ?an .4#be .million1 y ne$ 6-plete a ,t#b-;,,dd1 ,direct ,deposit #eg ,refunds & ov]pay;ts g#aa ,reque/ ,=m = ,corpor,ns1 & 3tact yr tax c5tre 6regi/] =! ,l>ge ,value ,transf] ,sy/em4 ,we w !n issue ! refund electronic,y4 ,transf]r+ ov]pay;ts ,y may ask 6transf] an ov]pay;t :5 y file yr 9come tax return4 ,? c 2 d"o 0ei 5t]+ 8#b0 on l9e #hid (! return or 0atta*+ a lr 6! front page (! return4 ,note ,if a 8#b0 is 5t]$ on l9e #hid1 ! ov]pay;t w f/ 2 appli$ 6any \t/&+ debits on yr a3.t & any relat$ ,busi;s ,numb] a3.t1 &! re/ (! ov]pay;t w 2 transf]r$ 6! next 9/al;t ye>4 -------------------------------------#ab ,if y 5t] 8#b01 we w transf] ! residual ov]pay;t 6! next ye>'s 9/al;t a3.t1 z well z any applica# refund 9t]e/4 ,we w calculate refund 9t]e/ us+ #eh ,refunds & ov]pay;ts a#ab ! e6ective 9t]e/ rate ,7subsec;n #afd7#c77'4 ,we d .n transf] ! ov]pay;t 6a relat$ ,busi;s ,numb] a3.t if "! is a miss+ return on yr a3.t4 ,note ,! e6ective 9t]e/ date (! ov]pay;t transf] is alw ! assess;t date4 #ei b#ab #fj ,prepay+ reassess;ts c#ab ,if y anticipate a reassess;t 6a previ\s tax ye>1 y may reduce *>ges ( >re>s 9t]e/ 0mak+ an adv.e deposit4 ,6make adv.e deposits1 use ,=m ,,rc#aei1 ,am.t ,[+ ,remitt.e ,v\*] 7h["e1 we w a3ept any corpor,n remitt.e v\*]74 ,cle>ly 9dicate t ! pay;ts >e .adv.e .deposits4 ,y m/ al 9clude yr ,busi;s ,numb] &! tax ye>-5d = : ! adv.e deposit is 9t5d$4 ,": multiple tax ye>s >e 2+ reassess$1 y m/ provide a li/ (! 9dividual tax ye>s &! correspond+ am.ts "u reassess;t = ea* ye>4 ,? 9=m,n is requir$ s ! risk ( reassess;t c 2 v]ifi$4 ,we w hold ! adv.e deposits = ? purpose & apply !m :5 we process ! reassess;ts4 ,note ,if ! requir$ 9=m,n 7= example1 ,busi;s ,numb]1 tax ye>-5d7 is n provid$1 ! pay;t w 2 refund$4 #fa d#ab #fb ,9t]e/ & p5alties e#ab ,we w *>ge 9t]e/ if y make late or 9su6ici5t pay;ts4 ,? 9t]e/ is call$ 9/al;t 9t]e/ or >re>s 9t]e/1 dep5d+ on ! debt4 ,we pay applica# refund 9t]e/ up 6! "d an ov]pay;t is refund$1 repd1 or appli$4 ,! 9t]e/ rate on ."upay;ts is bas$ on ! av]age rate ( #ij-"d tr1sury bills sold dur+ ! f/ mon? (! previ\s qu>t] 7r.d$ 6! next hi<] :ole p]c5tage po9t7 plus .#d p]c5tage po9ts4 ,! 9t]e/ rate on .ov]pay;ts is bas$ on ! av]age rate ( #ij-"d tr1sury bills sold dur+ ! f/ mon? (! previ\s qu>t] 7r.d$ 6! next hi<] :ole p]c5tage po9t7 plus .#b p]c5tage po9ts4 ,=a li/ ( prescrib$ 9t]e/ rates1 g 6_+www.cra.gc.ca/interestrates_:4 ,9/al;t 9t]e/ ,we w *>ge 9t]e/ ,7subsec;n #afa7#b77' ac 6! prescrib$ 9t]e/ rate #fc ,9t]e/ & p5alties f#ab ,7,regul,n #dcja7' if y make late or 9su6ici5t 9/al;t pay;ts4 ,we calculate 9/al;t 9t]e/ -p.d$ daily ,7subsec;n #bdh7#aa77'1 ac 6yr 9/al;t require;ts =! ye> ,7subsec;n #aeg7#a77'4 ,we use ! (fset me?od 6calculate 9/al;t 9t]e/4 ,? m1ns we give y cr$it :5 y prepay or ov]pay yr 9/al;ts1 & ? c reduce or elim9ate ! 9t]e/ we *>ge on late or 9su6ici5t pay;ts4 ,we d n refund any excess ( ? cr$it4 ,x is us$ only :5 calculat+ 9/al;t 9t]e/ *>ges4 ,see ! example 2l4 ,note ,cr$it 9/al;t 9t]e/ is only calculat$ on 9/al;t pay;ts f ! />t (! tax ye>4 ,g5],y1 ! 9t]e/ rate on ov]pay;ts is #b@3p l[] ?an on "upay;ts4 ,h["e1 :5 we calculate 9/al;t 9t]e/ us+ ! (fset me?od1 ! 9t]e/ rate is ! same on prepay;ts & ov]pay;ts z x is on "upay;ts4 #fd ,9t]e/ & p5alties #ac ,example ,corpor,n ;,a has a ,decemb] #ca ye>- 5d & has 6make mon?ly 9/al;t pay;ts ( 4#ge1jjj />t+ 9 ,janu>y #bjaj4 ,! corpor,n only makes two 9/al;t pay;ts 9 ! ye>4 ,! corpor,n makes "o pay;t ( 4#abj1jjj on ,m>* #ab1 &a second pay;t ( 4#aej1jjj on ,april #be4 ,"!=e1 :5 we assess ,corpor,n ;,a's return1 we w *>ge 4#bi1ccc.ef 9 9/al;t 9t]e/4 ,we h us$ an 9t]e/ rate ( #i@3p -p.d$ daily 9 ! foll[+ calcul,n4 ,transcrib]'s note3 7,! foll[+ ta# is set up 9 six columns3 ,column #a3 ,date #bjaj ,column #b3 ,9/al;t pay;ts due ,column #c3 ,pay;ts rcvd ,column #d3 ,bal.e ,column #e3 ,numb] ( "ds ,column #f3 ,9t]e/ ,only ! columns ) 9=m,n >e 9dicat$47 #fe ,9t]e/ & p5alties a#ac ,date3 ,janu>y #ca ,pay;ts due3 4#ge1jjj ,bal.e3 4#ge1jjj.jj ,numb] ( "ds3 #bh ,9t]e/3 4#eai.ed ,date3 ,febru>y #bh ,pay;ts due3 4#ge1jjj ,bal.e3 4#aej1eai.ed ,numb] ( "ds3 #ab ,9t]e/3 4#dde.ih ,date3 ,m>* #ab ,pay;ts rcvd3 4#abj1jjj ,bal.e3 4#cj1ife.eb ,numb] ( "ds3 #ai ,9t]e/3 4#ade.ci ,date3 ,m>* #ca ,pay;ts due3 4#ge1jjj ,bal.e3 4#ajf1aaj.ia ,numb] ( "ds3 #be ,9t]e/3 4#fef.je #ff ,9t]e/ & p5alties b#ac ,date3 ,april #be ,pay;ts rcvd3 4#aej1jjj ,bal.e3 74#dc1bcc.jd7 ,numb] ( "ds3 #e ,9t]e/3 74#ec.cc7 ,date3 ,april #cj ,pay;ts due3 4#ge1jjj ,bal.e3 4#ca1gac.fc ,numb] ( "ds3 #ca ,9t]e/3 4#bdc.ca ,date3 ,may #ca ,pay;ts due3 4#ge1jjj ,bal.e3 4#ajf1ief.id ,numb] ( "ds3 #cj ,9t]e/3 4#gid.jb ,date3 ,june #cj ,pay;ts due3 4#ge1jjj ,bal.e3 4#ahb1gej.if ,numb] ( "ds3 #ca ,9t]e/3 4#a1djb.aj #fg ,9t]e/ & p5alties c#ac ,date3 ,july #ca ,pay;ts due3 4#ge1jjj ,bal.e3 4#bei1aec.jf ,numb] ( "ds3 #ca ,9t]e/3 4#a1ihh.bg ,date3 ,augu/ #ca ,pay;ts due3 4#ge1jjj ,bal.e3 4#ccf1ada.cc ,numb] ( "ds3 #cj ,9t]e/3 4#b1die.dd ,date3 ,septemb] #cj ,pay;ts due3 4#ge1jjj ,bal.e3 4#dac1fcf.gg ,numb] ( "ds3 #ca ,9t]e/3 4#c1agc.di ,date3 ,octob] #ca ,pay;ts due3 4#ge1jjj ,bal.e3 4#dia1haj.bf ,numb] ( "ds3 #cj ,9t]e/3 4#c1fea.ji #fh ,9t]e/ & p5alties d#ac ,date3 ,novemb] #cj ,pay;ts due3 4#ge1jjj ,bal.e3 4#egj1dfa.ce ,numb] ( "ds3 #ca ,9t]e/3 4#d1cgf.fh ,date3 ,decemb] #ca ,pay;ts due3 4#ge1jjj ,bal.e3 4#fdi1hch.jc ,numb] ( "ds3 #ei ,9t]e/3 4#i1die.ec ,bal.e due date ,febru>y #bh1 #bjaa ,total 9/al;t 9t]e/ 4#bi1ccc.ef -------------------------------------#ad ,9/al;t p5alty ,:5 9/al;t 9t]e/ is m ?an 4#a1jjj1 we may *>ge an 9/al;t p5alty "u sec;n #afc.a (! ,act4 ,we calculate ! p5alty 0subtract+ f ! 9/al;t 9t]e/ ! grt] (3 #fi ,9t]e/ & p5alties a#ad --4#a1jjj2 & --#be@3p (! 9/al;t 9t]e/ calculat$ if no 9/al;t pay;t _h be5 made =! ye>4 ,"o-half (! di6];e is ! am.t (! p5alty4 ,example ,9 ! previ\s example1 we *>g$ ,corpor,n ;,a 9/al;t 9t]e/ ( 4#bi1ccc.ef4 ,"!=e1 we assess a p5alty ( 4#h1aec.ce z foll[s3 ,9/al;t 9t]e/ """""""""""" 4#bi1ccc.ef ,m9us ! grt] (3 4#a1jjj & #be@3p (! 9/al;t 9t]e/ *>g$ if ,corpor,n ;,a _h made no pay;t at all 4#eb1ajg.dj "ts #be@3p 4#ac1jbf.he ,di6];e """""""""""""""""" 4#af1cjf.ga ,9/al;t p5alty 7"o-half ( di6];e7 """"""""""""""""" 4#h1aec.ce #gj ,>re>s 9t]e/ b#ad ,we *>ge >re>s 9t]e/ ,7subsec;n #afa7#a77' ac 6! prescrib$ 9t]e/ rate ,7,regul,n #dcja7'4 ,>re>s 9t]e/ is -p.d$ daily on any unpd bal.e f ! bal.e due date 6! date ( pay;t4 ,we *>ge >re>s 9t]e/ ,7subsec;n #afa7#aa77' on ! 9/al;t p5alty f ! bal.e due date 6! date x is pd4 ,refund 9t]e/ ,we pay refund 9t]e/ ,7subsec;n #afd7#c77' ac 6! prescrib$ 9t]e/ rate ,7,regul,n #dcja7'4 ,refund 9t]e/ is -p.d$ daily on an ov]pay;t ,7subsec;n #afd7#g77' up 6& 9clud+ ! "d ! ov]pay;t is refund$1 repd1 or appli$4 ,:5 we refund or apply an ov]pay;t1 we pay refund 9t]e/ f :i*"e (! foll[+ dates is lat]3 #ga ,9t]e/ & p5alties c#ad --! date (! ov]pay;t2 --! #abj? "d af ! 5d (! tax ye> if ! return =! ye> is fil$ on "t2 or --! #cj? "d af ! date ! return 0 fil$ if x is fil$ late4 ,9 ! case (a repay;t ( tax 9 3trov]sy1 special provi.ns apply4 ,e6ect (a c>ryback ,y _c use a c>ryback 6reduce 9/al;t 9t]e/ ,7subsec;n #afa7#g77'4 ,we w n adju/ 9/al;t 9t]e/ we previ\sly *>g$ if ! am.t (! curr5t ye> cr$it 7= example1 divid5d refund or capital ga9s refund7 is adju/$ 2c (! c>ryback4 ,we w calculate >re>s 9t]e/1 refund 9t]e/1 or bo?1 =! c>ryback ,7subsec;n #afd7#e77' f #cj "ds af :i*"e (! foll[+ dates is lat]3 --! f/ "d foll[+ ! tax ye> 9 : ! c>ryback orig9ates2 --! date ! tax return 9 : ! c>ryback orig9ates is fil$2 #gb ,9t]e/ & p5alties d#ad --! date a prescrib$ =m1 s* z ,s*$ule #d1 or an am5d$ return is fil$2 or --! date a reque/ is made 9 writ+ 6reassess a ye> 6take 96a3.t a loss f ano!r tax ye>4 ,=giv5 9t]e/ ,if y pay an am.t quot$ on a notice ( assess;t or reassess;t 9 full )9 #bj "ds ( t notice1 any a4i;nal 9t]e/ f ! notice date 6! date ( pay;t w n 2 *>g$4 ,c.ell+ small am.ts ( p5alty & 9t]e/ ,we w c.el any p5alty or 9t]e/ on an am.t [$ if ! total am.t ( p5alty & 9t]e/ *>g$ is 4#be or less :5 ! tax is pd 9 full4 ,h["e1 if a future adju/;t is process$1 ? c.ell,n w 2 rev]s$ &! a3.t review$4 #gc ,c.ell+ or waiv+ p5alties e#ad & 9t]e/ ,we may c.el or waive p5alties or 9t]e/ *>ges ": y fail 6pay an am.t due 6circum/.es 2y yr 3trol4 ,s* circum/.es 9clude3 --natural or man-made 4a/]s1 s* z flood or fire2 --civil 4turb.es or 4rup;ns 9 s]vices1 s* z a po/al /rike2 --a s]i\s ill;s or a3id5t2 or --s]i\s emo;nal or m5tal 4tress1 s* z a d1? 9 ! imm family4 ,we may al c.el or waive p5alties or 9t]e/ *>ges if s* *>ges >ose ma9ly 2c ( ac;ns (! ,,cra1 s* z ]rors made 9 ! mat]ial availa# 6! public t l$ y 6file returns or make pay;ts bas$ on 9correct 9=m,n4 ,9 a4i;n1 we may c.el or waive p5alties or 9t]e/ *>ges 9 c]ta9 circum/.es bas$ on yr 9abil;y 6pay or if y su6]$ f f9ancial h>d%ip4 #gd ,9t]e/ & p5alties f#ad ,reque/s w only 2 3sid]$ =a tax ye> t 5d$ )9 t5 cal5d> ye>s 2f ! 2g9n+ (! cal5d> ye> (! reque/4 ,if y >e 9 "o ( ^! situ,ns1 let u "k ab ! pro#m & try 6pay any am.t [+ z soon z possi#4 ,if y ?9k "! is a valid r1son = c.ell+ or waiv+ p5alty or 9t]e/ *>ges1 s5d u a lr -------------------------------------#ae expla9+ :y y feel ! p5alty or 9t]e/ *>ges %d 2 c.ell$ or waiv$4 ,or1 y c use ,=m ,,rc#dbhh1 ,reque/ = ,taxpay] ,relief1 6make a reque/4 ,a copy ( ? =m is availa# at _+www.cra.gc.ca/forms_: or 0ph"o at #a-hjj-iei-bbba4 ,= m 9=m,n on c.ell+ or waiv+ p5alties & 9t]e/1 see ,9=m,n ,circul> ,,ic#jg-a1 ,taxpay] ,relief ,provi.ns1 &! taxpay] relief provi.ns at _+www.cra.gc.ca/fairness_:4 ,y may h pd an am.t ( 9t]e/ or a p5alty t is lat] c.ell$ af y make an applic,n "u ! ,,cra's taxpay] relief provi.ns4 ,we w calculate 9t]e/ on #ge ,9t]e/ & p5alties a#ae ? ov]pay;t #cj "ds af yr writt5 reque/ or ,=m ,,rc#dbhh 0 rcvd4 #gf ,"w%eets b#ae ,! ?ree "w%eets 9 ? sec;n w help y det]m9e yr 9/al;ts ( ,"ps ,i1 ,,vi1 ,,vi4#a1 & ,,xiii4#a1 & prov9cial & t]ritorial tax = #bjaj4 ,use ,"w%eet #a 6e/imate yr curr5t-ye> tax paya# & yr tax cr$its4 ,!n use ^! am.ts 6-plete ! curr5t-ye> 9=m,n >ea on ,"w%eet #b1 or ,"w%eet #c4 ,use ,"w%eet #b 6det]m9e yr mon?ly 9/al;ts =! ye>4 ,use ,"w%eet #c 6det]m9e yr qu>t]ly 9/al;ts4 ,af y h calculat$ ! taxes y [e "u ,"ps ,i1 ,,vi1 ,,vi4#a1 & ,,xiii4#a (! ,9come ,tax ,act1 & yr prov9cial & t]ritorial tax1 5t] ! am.ts 9 ! appropriate columns = op;ns #a1 #b1 & #c4 ,see 8,calculat+ yr 9/al;ts ( ,"ps ,i1 ,,vi1 ,,vi4#a1 & ,,xiii4#a tax0 on page #e = 9=m,n on ! ?ree op;ns4 ,y c use ! op;n t results 9 ! l1/ am.t paya# 09/al;ts4 ,any rema9+ unpd tax is paya# on or 2f ! bal.e due date4 ,^! "w%eets >e al availa# at _+www.cra.gc.ca/forms_:4 #gg ,"w%eets c#ae ,y may h 9/al;ts 6pay = ,"ps ,,xii4#a or ,,xii4#c tax4 ,if s1 see 8,calculat+ 9/al;ts ( ,"p ,,xii4#a tax0 or 8,calculat+ 9/al;ts ( ,"p ,,xii4#c tax0 on page #f4 ,rates ( tax ,! 9=m,n 9 ? "p w help y e/imate yr taxes paya# & tax cr$its = #bjaj on ,"w%eet #a4 ,f$]al ,! basic rate ( ,"p ,i tax is #ch@3p ( yr taxa# 9come4 ,prov9cial or t]ritorial ,y h 6calculate & pay prov9cial or t]ritorial 9come tax 9 a4i;n 6yr f$]al 9come tax4 #gh ,"w%eets d#ae ,g5],y1 prov9ces & t]ritories h two rates ( 9come tax--a l[] rate &a hi<] rate4 ,! l[] rate applies 6ei3 --! 9come eligi# =! f$]al small busi;s deduc;n2 or --! 9come bas$ on limits e/abli%$ 0! "picul> prov9ce or t]ritory4 ,! hi<] rate applies 6all o!r 9come4 ,v>i\s deduc;ns1 cr$its1 & tax relief may a6ect ! abv rates4 ,= m detail$ 9=m,n1 see ,guide ,t#djab1 ,t#b ,corpor,n--,9come ,tax ,guide1 or yr prov9cial or t]ritorial legisl,n4 ,quebec & ,alb]ta d n h corpor,n tax collec;n agree;ts )! f$]al gov]n;t4 ,if y h a p]man5t e/abli%;t 9 ^! prov9ces1 s5d yr 9come tax return & yr 9/al;t pay;ts =! prov9cial corpor,n tax 6yr prov9ce4 ,if y h a p]man5t e/abli%;t 9 ,ont>io1 s5d yr h>moniz$ ,t#b ,corpor,n ,9come #gi ,"w%eets e#ae ,tax ,return & yr -b9$ 9/al;t pay;ts =! ,ont>io & f$]al corpor,n tax 6! ,,cra4 ,9clude ! foll[+ ,ont>io corpor,n taxes paya# :5 e/abli%+ tax paya# or det]m9+ ! 9/al;t base = tax ye>s 5d+ 9 #bjji or lat]3 --corporate 9come tax2 --corporate m9imum tax2 --capital tax2 & --special a4i;nal tax on life 9sur.e corpor,ns4 ,9clude ,new ,brunswick & ,nova ,scotia tax on l>ge corpor,ns z a prov9cial tax :5 e/abli%+ tax paya# or det]m9+ ! 9/al;t base =a "picul> ye>4 ,! ,new ,brunswick tax on l>ge corpor,ns is elim9at$ e6ective ,janu>y #a1 #bjji4 ,if y h a p]man5t e/abli%;t 9 m ?an "o prov9ce or t]ritory1 y h 6calculate ! taxa# 9come y e>n$ 9 ea* prov9ce or t]ritory & file ,s*$ule #e1 ,tax ,calcul,n ,supple;t>y--,corpor,ns4 ,see ! s*$ule or see ,"p ,,iv (! ,9come ,tax ,regul,ns = m details4 #hj ,"w%eets #af ,! ta# on ? page %[s ! #bjaj 9come tax rates =! prov9ces & t]ritories t h corpor,n tax collec;n agree;ts )! f$]al gov]n;t4 ..,^! rates w 2 9 e6ect on ,janu>y #a1 #bjaj1 & _m w *ange dur+ .#bjaj4 ,= m details1 g 6_+www.cra.gc.ca/tx/bsnss/_& tpcs/crprtns/rts-eng.html_:4 ,transcrib]'s note3 7,! foll[+ ta# is set up 9 ?ree columns3 ,column #a3 ,prov9ce or t]ritory ,column #b3 ,tax rate on taxa# 9come eligi# =! small busi;s deduc;n 7l[] rate7 ,column #c3 ,tax rate on o!r taxa# 9come 7hi<] rate77 #ha ,"w%eets a#af ,prov9ce or t]ritory3 ,newf.dl& & ,labrador ,tax rate on taxa# 9come eligi# =! small busi;s deduc;n 7l[] rate73 #e@3p ,tax rate on o!r taxa# 9come 7hi<] rate73 #ad@3p ,prov9ce or t]ritory3 ,nova ,scotia ,tax rate on taxa# 9come eligi# =! small busi;s deduc;n 7l[] rate73 #e@3p ,tax rate on o!r taxa# 9come 7hi<] rate73 #af@3p ,prov9ce or t]ritory3 ,pr9ce ,$w>d ,isl& ,tax rate on taxa# 9come eligi# =! small busi;s deduc;n 7l[] rate73 #b.a@3p #a@3p e6ective ,april #a1 #bjaj ,tax rate on o!r taxa# 9come 7hi<] rate73 #af@3p ,prov9ce or t]ritory3 ,new ,brunswick ,tax rate on taxa# 9come eligi# =! small busi;s deduc;n 7l[] rate73 #e@3p #hb ,"w%eets b#af ,tax rate on o!r taxa# 9come 7hi<] rate73 #ab@3p #aa@3p e6ective ,july #a1 #bjaj ,prov9ce or t]ritory3 ,ont>io ,tax rate on taxa# 9come eligi# =! small busi;s deduc;n 7l[] rate73 #e.e@3p #d.e@3p e6ective ,july #a1 #bjaj ,tax rate on o!r taxa# 9come 7hi<] rate73 #ad@3p #ab@3p e6ective ,july #a1 #bjaj ,prov9ce or t]ritory3 ,manitoba ,tax rate on taxa# 9come eligi# =! small busi;s deduc;n 7l[] rate73 #a@3p #j@3p e6ective ,decemb] #a1 #bjaj ,tax rate on o!r taxa# 9come 7hi<] rate73 #ab@3p ,prov9ce or t]ritory3 ,saskat*ewan ,tax rate on taxa# 9come eligi# =! small busi;s deduc;n 7l[] rate73 #d.e@3p ,tax rate on o!r taxa# 9come 7hi<] rate73 #ab@3p #hc ,"w%eets c#af ,prov9ce or t]ritory3 ,briti% ,columbia ,tax rate on taxa# 9come eligi# =! small busi;s deduc;n 7l[] rate73 #b.e@3p ,tax rate on o!r taxa# 9come 7hi<] rate73 #aj.e@3p ,prov9ce or t]ritory3 ,yukon ,tax rate on taxa# 9come eligi# =! small busi;s deduc;n 7l[] rate73 #d@3p ,tax rate on o!r taxa# 9come 7hi<] rate73 #ae@3p ,prov9ce or t]ritory3 ,nor?we/ ,t]ritories ,tax rate on taxa# 9come eligi# =! small busi;s deduc;n 7l[] rate73 #d@3p ,tax rate on o!r taxa# 9come 7hi<] rate73 #aa.e@3p ,prov9ce or t]ritory3 ,nunavut ,tax rate on taxa# 9come eligi# =! small busi;s deduc;n 7l[] rate73 #d@3p #hd ,"w%eets d#af ,tax rate on o!r taxa# 9come 7hi<] rate73 #ab@3p -------------------------------------#ag ,"w%eet #a--,calculat+ e/imat$ tax paya# & tax cr$its = #bjaj ,e/imat$ taxa# 9come """"" 4#---- ,calculat+ ! e/imat$ tax paya# ,total (! foll[+ e/imat$ am.ts3 ,base am.t ( f$]al ,"p ,i tax """""""""""""""""""" 4#---- ,recapture ( 9ve/;t tax cr$it """""""""""""""""" 4#---- ,refunda# tax on ,,ccpc's 9ve/;t 9come """"""""""" 4#---- 7,a7 ,subtotal """""""""""""""""" 4#---- ,m9us ! total (! foll[+ e/imat$ am.ts3 ,small busi;s deduc;n """" 4#---- ,f$]al tax abate;t """"""" 4#---- #he ,"w%eets a#ag ,manufactur+ & process+ pr(its deduc;n """"""""" 4#---- ,9ve/;t corpor,n deduc;n 4#---- ,a4i;nal deduc;n--cr$it unions """"""""""""""""" 4#---- ,f$]al =eign non-busi;s 9come tax cr$it """""""" 4#---- ,f$]al =eign busi;s 9come tax cr$it """""""""""""" 4#---- ,g5]al tax reduc;n = ,,ccpc's """"""""""""""" 4#---- ,g5]al tax reduc;n """"""" 4#---- ,f$]al lo7+ tax cr$it """" 4#---- ,f$]al qualify+ 5viron;tal tru/ tax cr$it """"""""" 4#---- ,9ve/;t tax cr$it """""""" 4#---- 7,b7 ,subtotal """""""""""""""""" 4#---- ,total e/imat$ #bjaj ,"p ,i tax paya# 99 7l9e ;,a m9us l9e ;,b7 4#---- ,total e/imat$ #bjaj ,"p ,,vi tax paya# 99 """""""""""""""""""""" 4#---- ,total e/imat$ #bjaj ,"p ,,vi4#a tax paya# 99 """""""""""""""""" 4#---- #hf ,"w%eets b#ag ,total e/imat$ #bjaj ,"p ,,xiii4#a tax paya# 99 """""""" 4#---- 7,c7 ,e/imat$ #bjaj net prov9cial & t]ritorial tax paya# 2f refunda# cr$its 9999 """""""""" 4#---- 99 ,use ^! am.ts :5 y calculate yr mon?ly 9/al;t pay;ts on ,"w%eet #b or yr qu>t]ly 9/al;t pay;ts on ,"w%eet #c4 9999 ,use ? am.t :5 y calculate yr mon?ly 9/al;t pay;ts on ,"w%eet #b or yr qu>t]ly 9/al;t pay;ts on ,"w%eet #c4 ,9clude ,nova ,scotia tax on l>ge corpor,ns1 b d n 9clude prov9cial tax paya# f ,quebec or ,alb]ta4 ,ont>io tax paya# 2f refunda# cr$its 9cludes only corporate 9come tax 7net ( non- refunda# cr$its71 corporate m9imum tax1 capital tax1 & special a4i;nal tax on life 9sur.e corpor,ns4 #hg ,"w%eets #ah ,calculat+ ! e/imat$ refunda# tax cr$its = #bjaj ,total (3 ,9ve/;t tax cr$it refund 4#---- ,divid5d refund """""""""" 4#---- ,f$]al capital ga9s refund 4#---- ,f$]al qualify+ 5viron;tal tru/ tax cr$it refund "" 4#---- ,canadian film or video produc;n tax cr$it refund """"""""""""""""" 4#---- ,film or video produc;n s]vices tax cr$it refund 4#---- ,tax )held at s\rce """""" 4#---- ,prov9cial & t]ritorial capital ga9s refund """" 4#---- ,newf.dl& & ,labrador rese>* & develop;t tax cr$it """""""""""""""""" 4#---- ,newf.dl& & ,labrador film & video 9du/ry tax cr$it 4#---- ,nova ,scotia film 9du/ry tax cr$it """""""""""""" 4#---- #hh ,"w%eets a#ah ,nova ,scotia rese>* & develop;t tax cr$it """" 4#---- ,nova ,scotia digital m$ia tax cr$it """""""""""""" 4#---- ,new ,brunswick film tax cr$it """""""""""""""""" 4#---- ,new ,brunswick rese>* & develop;t tax cr$it """" 4#---- ,ont>io qualify+ 5viron;tal tru/ tax cr$it """""""""""""""""" 4#---- ,ont>io co-op]ative $uc,n tax cr$it """""""""""""" 4#---- ,ont>io appr5tice%ip tra9+ tax cr$it """""""""""""" 4#---- ,ont>io -put] anim,n & special e6ects tax cr$it 4#---- ,ont>io film & televi.n tax cr$it """""""""""""" 4#---- ,ont>io produc;n s]vices tax cr$it """""""""""""" 4#---- ,ont>io 9t]active digital m$ia tax cr$it """"""""" 4#---- #hi ,"w%eets b#ah ,ont>io s.d record+ tax cr$it """""""""""""""""" 4#---- ,ont>io book publi%+ tax cr$it """""""""""""""""" 4#---- ,ont>io 9nov,n tax cr$it 4#---- ,ont>io busi;s-rese>* 9/itute tax cr$it """""" 4#---- ,manitoba rese>* & develop;t tax cr$it """" 4#---- ,manitoba book publi%+ tax cr$it """""""""""""""""" 4#---- ,manitoba 9t]active digital m$ia tax cr$it 4#---- ,manitoba gre5 5]gy equip;t tax cr$it """""" 4#---- ,manitoba film & video produc;n tax cr$it """"" 4#---- ,manitoba manufactur+ 9ve/;t tax cr$it """"""" 4#---- ,manitoba co-op $uc,n & appr5tice%ip tax cr$it 4#---- ,manitoba od\r-3trol tax cr$it """""""""""""""""" 4#---- #ij ,"w%eets c#ah ,saskat*ewan qualify+ 5viron;tal tru/ tax cr$it """""""""""""""""" 4#---- ,saskat*ewan film employ;t tax cr$it """""""""""""" 4#---- -------------------------------------#ai ,saskat*ewan manufactur+ & process+ 9ve/;t tax cr$it """""""""""""""""" 4#---- ,saskat*ewan rese>* & develop;t tax cr$it """" 4#---- ,briti% ,columbia qualify+ 5viron;tal tru/ tax cr$it """""""""""""""""" 4#---- ,briti% ,columbia film & televi.n tax cr$it """"" 4#---- ,briti% ,columbia produc;n s]vices tax cr$it """""" 4#---- ,briti% ,columbia m9+ explor,n tax cr$it """"" 4#---- ,briti% ,columbia ,,sr&,,ed refunda# tax cr$it """""""""""""""""" 4#---- #ia ,"w%eets a#ai ,briti% ,columbia book publi%+ tax cr$it """""" 4#---- ,briti% ,columbia tra9+ tax cr$it """""""""""""" 4#---- ,yukon rese>* & develop;t tax cr$it """""""""""""" 4#---- ,nunavut busi;s tra9+ tax cr$it """""""""""""""""" 4#---- 7,d7 ,total e/imat$ refunda# tax cr$its = #bjaj 99 """""""""""""""""""""" 4#---- 99 ,use ? am.t :5 y calculate yr mon?ly 9/al;t pay;ts on ,"w%eet #b or yr qu>t]ly 9/al;t pay;ts on ,"w%eet #c4 -------------------------------------#bj ,"w%eet #b--,calculat+ mon?ly 9/al;t pay;ts = #bjaj ,9/al;t pay;ts >e due ea* mon? ( yr corpor,n's tax ye>4 #ib ,"w%eets a#bj .,add3 ,"p ,i tax paya# ,op;n #a #bjaj "" 4#---- ,op;n #b #bjji """"""""" 4#---- ,op;n #c #bjjh """""""""""""""" 4#---- ,"p ,,vi tax paya# ,op;n #a #bjaj "" 4#---- ,op;n #b #bjji """"""""" 4#---- ,op;n #c #bjjh """""""""""""""" 4#---- ,"p ,,vi4#a tax paya# ,op;n #a #bjaj "" 4#---- ,op;n #b #bjji """"""""" 4#---- ,op;n #c #bjjh """""""""""""""" 4#---- ,"p ,,xiii4#a tax paya# ,op;n #a #bjaj "" 4#---- ,op;n #b #bjji """"""""" 4#---- ,op;n #c #bjjh """""""""""""""" 4#---- ,total ( ,"ps ,i1 ,,vi1 ,,vi4#a1 & ,,xiii4#a tax 99 ,op;n #a #bjaj "" 4#---- ,op;n #b #bjji """"""""" 4#---- ,op;n #c #bjjh """""""""""""""" 4#---- #ic ,"w%eets b#bj .,add3 ,prov9cial & t]ritorial tax paya# 2f refunda# cr$its 9999 ,op;n #a #bjaj "" 4#---- ,op;n #b #bjji """"""""" 4#---- ,op;n #c #bjjh """""""""""""""" 4#---- 99 ,if ! total ( ,"ps ,i1 ,,vi1 ,,vi4#a & ,,xiii4#a tax is 4#c1jjj or less = ei #bjaj or #bjji1 y d n h 6make 9/al;t pay;ts on ? am.t = #bjaj4 9999 ,? am.t is net ( prov9cial & t]ritorial non-refunda# cr$its4 ,if ! prov9cial & t]ritorial tax 2f refunda# cr$its is 4#c1jjj or less = ei #bjaj or #bjji1 y d n h 6make 9/al;t pay;ts on ? am.t = #bjaj4 ,9clude ,new ,brunswick & ,nova ,scotia tax on l>ge corpor,ns1 b d n 9clude prov9cial tax paya# f ,quebec or ,alb]ta4 ,! ,new ,brunswick tax on l>ge corpor,ns is elim9at$ e6ective ,janu>y #a1 #bjji4 ,ont>io tax paya# 2f refunda# cr$its 9cludes only corporate 9come tax #id ,"w%eets c#bj 7net ( non-refunda# cr$its71 corporate m9imum tax1 capital tax1 & special a4i;nal tax on life 9sur.e corpor,ns4 ,9 det]m9+ op;n #c1 5sure t ! ,ont>io tax paya# is 2f ! applic,n ( ,ont>io refunda# tax cr$its4 ,total ( ,"ps ,i1 ,,vi1 ,,vi4#a1 & ,,xiii4#a tax1 z well z prov9cial & t]ritorial tax ,op;n #a #bjaj "" 4#---- ,op;n #b #bjji """"""""" 4#---- ,op;n #c #bjjh """""""""""""""" 4#---- .,subtract3 ,total #bjaj e/imat$ refunda# cr$its 75t] ! am.t f l9e ;,d ( ,"w%eet #a7 ,op;n #a #bjaj "" 4#---- ,op;n #b #bjji """"""""" 4#---- ,op;n #c #bjjh """""""""""""""" 4#---- #ie ,"w%eets d#bj ,9/al;t base am.t ,op;n #a #bjaj "" 4#---- ,op;n #b #bjji """"""""" 4#---- ,op;n #c #bjjh """""""""""""""" 4#---- .,divide .by3 ,op;n #a #bjaj "" #ab ,op;n #b #bjji """"""""" #ab ,op;n #c #bjjh """"""""""""""""""" #ab ..,ea* (! #ab pay;ts due "u op;ns #a & .#b ,op;n #a #bjaj "" 4#---- ,op;n #b #bjji """"""""" 4#---- ,op;n #c #bjjh """""""""""""""""" %ad$ ..,ea* (! f/ #b pay;ts "u op;n .#c """"""""""""""""""""""""""" 4#---- ,previ\s-ye> 9/al;t base 7op;n #b 9/al;t base am.t abv7 """"""""" 4#---- .,subtract3 ,! total ( pay;ts #a & #b "u op;n #c """""""""""""""""""""""""""" 4#---- ,di6];e """"""""""""""""""""""""" 4#---- #if ,"w%eets e#bj .,divide .by3 """""""""""""""""""""" #aj ..,ea* (! rema9+ #aj pay;ts "u op;n .#c """""""""""""""""""""" 4#---- ,note ,= examples ( h[ 6calculate mon?ly 9/al;t pay;ts ) ,"w%eet #b1 see app5dices #d1 #e1 & #f4 -------------------------------------#ba ,"w%eet #c--,calculat+ qu>t]ly 9/al;t pay;ts = #bjaj ,9/al;t pay;ts >e due ea* qu>t] ( yr small-,,ccpc's tax ye>4 .,add3 ,"p ,i tax paya# ,op;n #a #bjaj "" 4#---- ,op;n #b #bjji """"""""" 4#---- ,op;n #c #bjjh """""""""""""""" 4#---- #ig ,"w%eets a#ba ,"p ,,vi tax paya# ,op;n #a #bjaj "" 4#---- ,op;n #b #bjji """"""""" 4#---- ,op;n #c #bjjh """""""""""""""" 4#---- ,"p ,,vi4#a tax paya# ,op;n #a #bjaj "" 4#---- ,op;n #b #bjji """"""""" 4#---- ,op;n #c #bjjh """""""""""""""" 4#---- ,"p ,,xiii4#a tax paya# ,op;n #a #bjaj "" 4#---- ,op;n #b #bjji """"""""" 4#---- ,op;n #c #bjjh """""""""""""""" 4#---- ,total ( ,"ps ,i1 ,,vi1 ,,vi4#a1 & ,,xiii4#a tax 99 ,op;n #a #bjaj "" 4#---- ,op;n #b #bjji """"""""" 4#---- ,op;n #c #bjjh """""""""""""""" 4#---- #ih ,"w%eets b#ba .,add3 ,prov9cial & t]ritorial tax paya# 2f refunda# cr$its 9999 ,op;n #a #bjaj "" 4#---- ,op;n #b #bjji """"""""" 4#---- ,op;n #c #bjjh """""""""""""""" 4#---- 99 ,if ! total ( ,"ps ,i1 ,,vi1 ,,vi4#a1 & ,,xiii4#a tax is 4#c1jjj or less = ei #bjaj or #bjji1 y d n h 6make 9/al;t pay;ts on ? am.t = #bjaj4 9999 ,? am.t is net ( prov9cial & t]ritorial non-refunda# cr$its4 ,if ! prov9cial & t]ritorial tax 2f refunda# cr$its is 4#c1jjj or less = ei #bjaj or #bjji1 y d n h 6make 9/al;t pay;ts on ? am.t = #bjaj4 ,9clude ,new ,brunswick & ,nova ,scotia tax on l>ge corpor,ns1 b d n 9clude prov9cial tax paya# f ,quebec or ,alb]ta4 ,! ,new ,brunswick tax on l>ge corpor,ns is elim9at$ e6ective ,janu>y #a1 #bjji4 ,ont>io tax paya# 2f refunda# cr$its 9cludes only corporate 9come tax #ii ,"w%eets c#ba 7net ( non-refunda# cr$its71 corporate m9imum tax1 capital tax1 & special a4i;nal tax on life 9sur.e corpor,ns4 ,9 det]m9+ op;n #c1 5sure t ! ,ont>io tax paya# is 2f ! applic,n ( ,ont>io refunda# tax cr$its4 ,total ( ,"ps ,i1 ,,vi1 ,,vi4#a1 & ,,xiii4#a tax1 z well z prov9cial & t]ritorial tax ,op;n #a #bjaj "" 4#---- ,op;n #b #bjji """"""""" 4#---- ,op;n #c #bjjh """""""""""""""" 4#---- .,subtract3 ,total #bjaj e/imat$ refunda# cr$its 75t] ! am.t f l9e ;,d ( ,"w%eet #a7 ,op;n #a #bjaj "" 4#---- ,op;n #b #bjji """"""""" 4#---- ,op;n #c #bjjh """""""""""""""" 4#---- #ajj ,"w%eets d#ba ,9/al;t base am.t ,op;n #a #bjaj "" 4#---- ,op;n #b #bjji """"""""" 4#---- ,op;n #c #bjjh """""""""""""""" 4#---- .,divide .by3 ,op;n #a #bjaj "" #d ,op;n #b #bjji """"""""" #d ,op;n #c #bjjh """""""""""""""""""" #d ..,ea* (! f\r pay;ts due "u op;ns #a & .#b ,op;n #a #bjaj "" 4#---- ,op;n #b #bjji """"""""" 4#---- ,op;n #c #bjjh """""""""""""""""" %ad$ ..,f/ pay;t "u op;n .#c """"""""" 4#---- ,previ\s-ye> 9/al;t base 7op;n #b 9/al;t base am.t abv7 """"""""" 4#---- .,subtract3 ,f/ pay;t "u op;n #c """""""""""" 4#---- ,di6];e """"""""""""""""""""""""" 4#---- .,divide .by3 """"""""""""""""""""""" #c #aja ,"w%eets e#ba ..,ea* (! rema9+ ?ree pay;ts "u op;n .#c """""""""""""""""""""" 4#---- ,note ,= an example ( h[ 6calculate qu>t]ly 9/al;t pay;ts ) ,"w%eet #c1 see ,app5dix #g4 #ajb ,app5dices #bb ,app5dix #a--,9/al;t base-- ,amalgam,ns ,7,regul,n #ecja7#d77' ,transcrib]'s note3 7,! foll[+ is set up 9 ?ree columns3 ,column #a3 ,corpor,n ;,a ,column #b3 ,corpor,n ;,b ,column #c3 ,corpor,n ;,c7 ,corpor,n ;,a ,/>t ( tax ye>3 ,janu>y #a1 #bjjh ,5d ( tax ye>3 ,decemb] #ca1 #bjjh ,tax paya#3 4#b1jjj ,/>t ( tax ye>3 ,janu>y #a1 #bjji ,5d ( tax ye>3 ,decemb] #ca1 #bjji ,tax paya#3 4#d1jjj ,corpor,n ;,b ,/>t ( tax ye>3 ,janu>y #a1 #bjjh ,5d ( tax ye>3 ,decemb] #ca1 #bjjh ,tax paya#3 4#b1ejj #ajc ,app5dices a#bb ,/>t ( tax ye>3 ,janu>y #a1 #bjji ,5d ( tax ye>3 ,decemb] #ca1 #bjji ,tax paya#3 4#e1jjj ,corpor,n ;,c ,/>t ( tax ye>3 ,janu>y #a1 #bjjh ,5d ( tax ye>3 ,decemb] #ca1 #bjjh ,tax paya#3 4#c1jjj ,/>t ( tax ye>3 ,janu>y #a1 #bjji ,5d ( tax ye>3 ,decemb] #ca1 #bjji ,tax paya#3 4#f1jjj ,corpor,ns ;,a1 ;,b1 & ;,c amalgamat$ on ,janu>y #a1 #bjaj1 6=m ,corpor,n ,,abc4 ,= xs f/ tax ye>1 : w 5d on ,decemb] #ca1 #bjaj1 ,corpor,n ,,abc e/imat$ xs tax paya# 6be 4#bj1jjj4 ,= ,regul,n #ecja7#d71 ! 9/al;t base am.ts = ,corpor,n ,,abc's f/ tax ye> 7: 5ds on ,decemb] #ca1 #bjaj7 wd be3 #ajd ,app5dices b#bb ,tax ye>-5d ,decemb] #ca1 #bjaj ,corpor,n ,,abc3 4#bj1jjj ,f/ 9/al;t base am.t 7#a73 ,pr$ecessors 7,corpor,n ;,a plus ;,b plus ;,c7 4#d1jjj plus 4#e1jjj plus 4#f1jjj equals 4#ae1jjj ,second 9/al;t base am.t 7#b73 ,pr$ecessors 7,corpor,n ;,a plus ;,b plus ;,c7 4#b1jjj plus 4#b1ejj plus 4#c1jjj equals 4#g1ejj 7#a7 ,! f/ 9/al;t base am.t =! su3essor's #bjaj tax ye> is 4#ae1jjj4 ,? am.t is ! total (! pr$ecessor corpor,ns' tax paya# 7#bjji7 = _! la/ tax ye> 2f amalgam,n4 7#b7 ,! second 9/al;t base am.t =! su3essor's #bjaj tax ye> is 4#g1ejj4 ,? am.t is ! total (! pr$ecessor corpor,ns' f/ 9/al;t base am.t =! #bjji tax ye>4 ,= ,regul,n #ecja7#d71 ! 9/al;t base ye> am.ts = ,corpor,n ,,abc's #aje ,app5dices c#bb second tax ye> t 5ds on ,decemb] #ca1 #bjaa1 wd be3 ,tax ye>-5d ,decemb] #ca1 #bjaa ,corpor,n ,,abc3 4#be1jjj 99 99 ,e/imate ( tax paya# = #bjaa4 ,f/ 9/al;t base am.t 7#a73 ,corpor,n ,,abc 4#bj1jjj ,second 9/al;t base am.t 7#b73 ,pr$ecessors' bases 7,corpor,n ;,a plus ;,b plus ;,c7 4#d1jjj plus 4#e1jjj plus 4#f1jjj equals 4#ae1jjj 7#a7 ,! f/ 9/al;t base am.t =! su3essor's #bjaa tax ye> is 4#bj1jjj4 ,note ,if ! su3essor's f/ tax ye> _h be5 less ?an #ahc "ds1 ! f/ 9/al;t base #ajf ,app5dices d#bb am.t = #bjaa wd h equall$ ! grt] (! foll[+ two am.ts3 --! adju/$ base am.t = #bjaj2 & -------------------------------------#bc --! adju/$ base am.t =! next previ\s tax ye> ( m ?an #ahb "ds1 z /at$ 9 ! require;ts relat$ 6%ort tax ye>s 7see page #g74 7#b7 ,! second 9/al;t base am.t =! su3essor's #bjaa tax ye> is 4#ae1jjj4 ,? am.t is ! su3essor's f/ 9/al;t base am.t = xs f/ tax ye> 7#bjaj74 ,app5dix #b--,9/al;t base-- ,w9d-ups ,7,regul,n #ecja7#f77' ,on ,july #ca1 #bjaj1 a subsidi>y corpor,n w.d up & 4solv$1 & all xs assets 7 4tribut$ 6xs p>5t corpor,n4 #ajg ,app5dices a#bc ,note ,al? ! subsidi>y m/ file a return =! tax ye> t 9cludes ,janu>y #a1 #bjaj1 6,july #ca1 #bjaj1 ! tax assess$ = ? p]iod w n 2 "p (! 9/al;t base 9 any ye> =! p>5t corpor,n4 ,tax ye>-5d3 ,decemb] #ca1 #bjjh ,tax paya# 7p>5t73 4#ad1jjj ,tax paya# 7subsidi>y73 4#e1jjj ,tax ye>-5d3 ,decemb] #ca1 #bjji ,tax paya# 7p>5t73 4#ab1jjj ,tax paya# 7subsidi>y73 4#f1jjj ,tax ye>-5d3 ,decemb] #ca1 #bjaj 99 ,tax paya# 7p>5t73 4#bj1jjj ,tax paya# 7subsidi>y73 ,n/,a 99 ,=! curr5t tax ye> 5d+ on ,decemb] #ca1 #bjaj1 ! e/imat$ tax paya# is 4#bj1jjj4 #ajh ,app5dices b#bc ,= ,regul,n #ecja7#f71 ! 9/al;t base ye> am.ts =! p>5t corpor,n's tax ye> t 5ds on ,decemb] #ca1 #bjaj1 wd be3 ,2f ! w9d-up ,tax ye>-5d ,decemb] #ca1 #bjaj3 4#bj1jjj ,f/ 9/al;t base am.t3 4#ab1jjj ,second 9/al;t base am.t3 4#ad1jjj ,sev5 9/al;t pay;ts ( 4#a1jjj ea* 74#ab1jjj divid$ 0#ab7 >e due up 6,july #ca1 #bjaj4 ,af ! w9d-up ,tax ye>-5d ,decemb] #ca1 #bjaj3 4#bj1jjj ,f/ 9/al;t base am.t 7#a73 4#ab1jjj plus 4#f1jjj equals 4#ah1jjj ,second 9/al;t base am.t 7#b73 4#ad1jjj plus 4#e1jjj equals 4#ai1jjj #aji ,app5dices c#bc ,five 9/al;t pay;ts ( 4#a1ejj ea* 74#ah1jjj divid$ 0#ab7 >e due up 6,decemb] #ca1 #bjaj4 7#a7 ,! f/ 9/al;t base am.t =! p>5t's #bjaj tax ye> is 4#ah1jjj4 ,? am.t is ! total (3 --! p>5t's normal f/ 9/al;t base am.t ( 4#ab1jjj2 & --! subsidi>y's f/ 9/al;t base am.t ( 4#f1jjj = xs #bjaj tax ye>4 7#b7 ,! second 9/al;t base am.t =! p>5t's #bjaj tax ye> is 4#ai1jjj4 ,? am.t is ! total (3 --! p>5t's normal second 9/al;t base am.t ( 4#ad1jjj2 & --! subsidi>y's second 9/al;t base am.t ( 4#e1jjj = xs #bjaj tax ye>4 -------------------------------------#bd ,= ,regul,n #ecja7#f71 ! 9/al;t base ye> am.ts =! p>5t's tax ye> t 5ds on ,decemb] #ca1 #bjaa1 wd be3 #aaj ,app5dices a#bd ,tax ye>-5d ,decemb] #ca1 #bjaa3 4#bf1jjj ,f/ 9/al;t base am.t 7#a73 4#bj1jjj plus 74#f1jjj multipli$ 0#g/ab7 equals 4#bc1ejj ,second 9/al;t base am.t 7#b73 4#ab1jjj plus 4#f1jjj equals 4#ah1jjj 99 ,e/imate ( tax paya# =! next tax ye>4 7#a7 ,! f/ 9/al;t base am.t =! p>5t's #bjaa tax ye> is 4#bc1ejj4 ,? am.t is ! total (3 --! p>5t's normal f/ 9/al;t base am.t ( 4#bj1jjj2 & --! subsidi>y's f/ 9/al;t base am.t ( 4#f1jjj = xs #bjaj tax ye>1 multipli$ 0! numb] ( -plete mon?s 7#g7 9 ! p>5t's #bjaj tax ye> 2f ! w9d+-up 4tribu;n divid$ 0#ab4 ,calculate ? am.t z foll[s3 74#f1jjj multipli$ 0#g7 divid$ 0#ab equals 4#c1ejj4 #aaa ,app5dices b#bd 7#b7 ,! second 9/al;t base =! p>5t's #bjaa tax ye> is 4#ah1jjj4 ,? am.t is ! total (3 --! p>5t's normal f/ 9/al;t base am.t ( 4#ab1jjj = xs #bjaj tax ye>2 & --! subsidi>y's f/ 9/al;t base am.t ( 4#f1jjj = xs #bjaj tax ye>4 ,app5dix #c--,9/al;t base-- ,transf]s or rollov]s ,7,regul,n #ecja7#h77' ,on ,octob] #ca1 #bjji1 a corpor,n 7transf]or7 4pos$ ( all xs prop]ty "? a sec;n #he rollov] 6ano!r corpor,n x 0 n d1l+ ) at >m's l5g? 7transf]ee74 ,note ,al? ! transf]or may h an 9come tax liabil;y = xs tax ye> t 9cludes ! p]iod ,july #a1 #bjji1 6,octob] #ca1 #bjji1 9 : all or sub/anti,y all ( xs prop]ty has be5 4pos$ (1 ! #aab ,app5dices c#bd actual tax assess$ = t ye> w n 2 "p (! transf]ee's 9/al;t base 9 any ye>4 ,tax ye>-5d3 ,june #cj1 #bjjh ,tax paya# 7transf]ee73 4#ad1jjj ,tax paya# 7transf]or73 4#e1jjj ,tax ye>-5d3 ,june #cj1 #bjji ,tax paya# 7transf]ee73 4#ab1jjj ,tax paya# 7transf]or73 4#f1jjj ,tax ye>-5d3 ,june #cj1 #bjaj 99 ,tax paya# 7transf]ee73 4#bj1jjj ,tax paya# 7transf]or73 ,n/,a 99 ,=! curr5t tax ye> 5d+ on ,june #cj1 #bjaj1 ! transf]ee e/imat$ xs tax paya# 6be 4#bj1jjj4 ,= ,regul,n #ecja7#h71 ! 9/al;t base ye> am.ts =! transf]ee's tax ye> t 5ds on ,june #cj1 #bjaj1 wd be3 #aac ,2f ! rollov] d#bd ,tax ye>-5d ,june #cj1 #bjaj3 4#bj1jjj ,f/ 9/al;t base am.t3 4#ab1jjj ,second 9/al;t base am.t3 4#ad1jjj ,f\r 9/al;t pay;ts ( 4#a1jjj ea* 74#ab1jjj divid$ 0#ab7 >e due up 6,octob] #ca1 #bjji4 ,af ! rollov] ,tax ye>-5d ,june #cj1 #bjaj3 4#bj1jjj ,f/ 9/al;t base am.t 7#a73 4#ab1jjj plus 4#f1jjj equals 4#ah1jjj ,second 9/al;t base am.t 7#b73 4#ad1jjj plus 4#e1jjj equals 4#ai1jjj ,eie due up 6,june #cj1 #bjaj4 #aad ,app5dices e#bd 7#a7 ,! f/ 9/al;t base am.t =! transf]ee's #bjaj tax ye> is 4#ah1jjj4 ,? am.t is ! total (3 --! transf]ee's normal f/ 9/al;t base am.t ( 4#ab1jjj2 & --! transf]or's f/ 9/al;t base am.t ( 4#f1jjj = xs #bjaj tax ye>4 -------------------------------------#be 7#b7 ,! second 9/al;t base am.t =! transf]ee's #bjaj tax ye> is 4#ai1jjj4 ,? am.t is ! total (3 --! transf]ee's normal second 9/al;t base am.t ( 4#ad1jjj2 & --! transf]or's second 9/al;t base am.t ( 4#e1jjj = xs #bjaj tax ye>4 ,= ,regul,n #ecja7#h71 ! 9/al;t base ye> am.ts =! transf]ee's tax ye> t 5ds on ,june #cj1 #bjaa1 wd be3 #aae ,app5dices a#be ,tax ye>-5d ,june #cj1 #bjaa3 4#bg1jjj 99 ,f/ 9/al;t base am.t 7#a73 4#bj1jjj plus 74#f1jjj multipli$ 0#d/ab7 equals 4#bb1jjj ,second 9/al;t base am.t 7#b73 4#ab1jjj plus 4#f1jjj equals 4#ah1jjj 99 ,e/imate ( tax paya# =! transf]ee's next tax ye>4 7#a7 ,! f/ 9/al;t base am.t =! transf]ee's #bjaa tax ye> is 4#bb1jjj4 ,? am.t is ! total (3 --! transf]ee's normal f/ 9/al;t base am.t ( 4#bj1jjj2 & --! transf]or's f/ 9/al;t base am.t ( 4#f1jjj = xs #bjaj tax ye>1 multipli$ 0! numb] ( -plete mon?s 7#d7 9 ! transf]ee's #bjaj tax ye> 2f ! rollov]1 divid$ 0#ab4 ,calculate ? am.t z foll[s3 #aaf ,app5dices b#be 74#f1jjj multipli$ 0#d7 divid$ 0#ab equals 4#b1jjj4 7#b7 ,! second 9/al;t base =! transf]ee's #bjaa tax ye> is 4#ah1jjj4 ,? am.t is ! total (3 --! transf]ee's normal f/ 9/al;t base am.t ( 4#ab1jjj = xs #bjaj tax ye>2 & --! transf]or's f/ 9/al;t base am.t ( 4#f1jjj = xs #bjaj tax ye>4 -------------------------------------#bf ,app5dix #d--,"w%eet #b-- ,example #a ,corpor,n ;,a has e/imat$ xs tax = #bjaj at 4#ijj1jjj4 ,! actual taxes = #bjji & #bjjh >e 4#iab1jjj & 4#fj1jjj respectively4 ,us+ ,"w%eet #b1 we w det]m9e ! mo/ advantage\s op;n4 #aag ,"w%eet #b--,calculat+ a#bf mon?ly 9/al;t pay;ts = #bjaj ,9/al;t pay;ts >e due ea* mon? ( yr corpor,n's tax ye>4 .,add3 ,"p ,i tax paya# ,op;n #a #bjaj 4#ijj1jjj ,op;n #b #bjji 4#iab1jjj ,op;n #c #bjjh 4#fj1jjj ,"p ,,vi tax paya# ,op;n #a #bjaj 4#---- ,op;n #b #bjji 4#---- ,op;n #c #bjjh 4#---- ,"p ,,vi4#a tax paya# ,op;n #a #bjaj 4#---- ,op;n #b #bjji 4#---- ,op;n #c #bjjh 4#---- ,"p ,,xiii4#a tax paya# ,op;n #a #bjaj 4#---- ,op;n #b #bjji 4#---- ,op;n #c #bjjh 4#---- #aah ,app5dices b#bf ,total ( ,"ps ,i1 ,,vi1 ,,vi4#a1 & ,,xiii4#a tax 99 ,op;n #a #bjaj 4#ijj1jjj ,op;n #b #bjji 4#iab1jjj ,op;n #c #bjjh 4#fj1jjj .,add3 ,prov9cial & t]ritorial tax paya# 2f refunda# cr$its 9999 ,op;n #a #bjaj 4#---- ,op;n #b #bjji 4#---- ,op;n #c #bjjh 4#---- 99 ,if ! total ( ,"ps ,i1 ,,vi1 ,,vi4#a & ,,xiii4#a tax is 4#c1jjj or less = ei #bjaj or #bjji1 y d n h 6make 9/al;t pay;ts on ? am.t = #bjaj4 9999 ,? am.t is net ( prov9cial & t]ritorial non-refunda# cr$its4 ,if ! prov9cial & t]ritorial tax 2f refunda# cr$its is 4#c1jjj or less = ei #bjaj or #bjji1 y d n h 6make 9/al;t pay;ts on ? am.t = #bjaj4 ,9clude ,new ,brunswick & ,nova ,scotia tax #aai ,app5dices c#bf on l>ge corpor,ns1 b d n 9clude prov9cial tax paya# f ,quebec or ,alb]ta4 ,! ,new ,brunswick tax on l>ge corpor,ns is elim9at$ e6ective ,janu>y #a1 #bjji4 ,ont>io tax paya# 2f refunda# cr$its 9cludes only corporate 9come tax 7net ( non- refunda# cr$its71 corporate m9imum tax1 capital tax1 & special a4i;nal tax on life 9sur.e corpor,ns4 ,9 det]m9+ op;n #c1 5sure t ! ,ont>io tax paya# is 2f ! applic,n ( ,ont>io refunda# tax cr$its4 ,total ( ,"ps ,i1 ,,vi1 ,,vi4#a1 & ,,xiii4#a tax1 z well z prov9cial & t]ritorial tax ,op;n #a #bjaj 4#ijj1jjj ,op;n #b #bjji 4#iab1jjj ,op;n #c #bjjh 4#fj1jjj #abj ,app5dices d#bf .,subtract3 ,total #bjaj e/imat$ refunda# cr$its 75t] ! am.t f l9e ;,d ( ,"w%eet #a7 ,op;n #a #bjaj 4#---- ,op;n #b #bjji 4#---- ,op;n #c #bjjh 4#---- ,9/al;t base am.t ,op;n #a #bjaj 4#ijj1jjj ,op;n #b #bjji 4#iab1jjj ,op;n #c #bjjh 4#fj1jjj .,divide .by3 ,op;n #a #bjaj #ab ,op;n #b #bjji #ab ,op;n #c #bjjh #ab ..,ea* (! #ab pay;ts due "u op;ns #a & .#b ,op;n #a #bjjh 4#ge1jjj ,op;n #b #bjjg 4#gf1jjj ,op;n #c #bjjf %ad$ ..,ea* (! f/ #b pay;ts "u op;n .#c """""""""""""""""""""""""" 4#e1jjj #aba ,app5dices e#bf ,previ\s-ye> 9/al;t base 7op;n #b 9/al;t base am.t abv7 """""" 4#iab1jjj .,subtract3 ,total ( pay;ts #a & #b "u op;n #c """""""""""""""""""""""""" 4#aj1jjj ,di6];e """""""""""""""""""""" 4#ijb1jjj .,divide .by3 """""""""""""""""""""" #aj ..,ea* (! rema9+ #aj pay;ts "u op;n .#c """""""""""""""""""" 4#ij1bjj ,op;n #a is ! mo/ advantage\s (! ?ree op;ns4 ,"!=e1 ,corpor,n ;,a w h 6remit an 9/al;t pay;t ( 4#ge1jjj = ea* mon?4 ,we may *>ge 9t]e/ if ! corpor,n uses op;n #a & xs e/imat$ tax 0 l[] ?an ! ye>'s actual tax &! tax calculat$ us+ op;n #b or #c4 #abb ,app5dix #e--,"w%eet #b-- #bg ,example #b ,corpor,n ;,a has e/imat$ xs tax = #bjaj at 4#iab1jjj4 ,! actual taxes = #bjji & #bjjh >e 4#iab1jjj & 4#fj1jjj1 respectively4 ,us+ ,"w%eet #b1 we w det]m9e ! mo/ advantage\s op;n4 ,"w%eet #b--,calculat+ mon?ly 9/al;t pay;ts = #bjaj ,9/al;t pay;ts >e due ea* mon? ( yr corpor,n's tax ye>4 .,add3 ,"p ,i tax paya# ,op;n #a #bjaj 4#iab1jjj ,op;n #b #bjji 4#iab1jjj ,op;n #c #bjjh 4#fj1jjj ,"p ,,vi tax paya# ,op;n #a #bjaj 4#---- ,op;n #b #bjji 4#---- ,op;n #c #bjjh 4#---- #abc ,app5dices a#bg ,"p ,,vi4#a tax paya# ,op;n #a #bjaj 4#---- ,op;n #b #bjji 4#---- ,op;n #c #bjjh 4#---- ,"p ,,xiii4#a tax paya# ,op;n #a #bjaj 4#---- ,op;n #b #bjji 4#---- ,op;n #c #bjjh 4#---- ,total ( ,"ps ,i1 ,,vi1 ,,vi4#a1 & ,,xiii4#a tax 99 ,op;n #a #bjaj 4#iab1jjj ,op;n #b #bjji 4#iab1jjj ,op;n #c #bjjh 4#fj1jjj .,add3 ,prov9cial & t]ritorial tax paya# 2f refunda# cr$its 9999 ,op;n #a #bjaj 4#---- ,op;n #b #bjji 4#---- ,op;n #c #bjjh 4#---- 99 ,if ! total ( ,"ps ,i1 ,,vi1 ,,vi4#a & ,,xiii4#a tax is 4#c1jjj or less = #abd ,app5dices b#bg ei #bjaj or #bjji1 y d n h 6make 9/al;t pay;ts on ? am.t = #bjaj4 9999 ,? am.t is net ( prov9cial & t]ritorial non-refunda# cr$its4 ,if ! prov9cial & t]ritorial tax 2f refunda# cr$its is 4#c1jjj or less = ei #bjaj or #bjji1 y d n h 6make 9/al;t pay;ts on ? am.t = #bjaj4 ,9clude ,new ,brunswick & ,nova ,scotia tax on l>ge corpor,ns1 b d n 9clude prov9cial tax paya# f ,quebec or ,alb]ta4 ,! ,new ,brunswick tax on l>ge corpor,ns is elim9at$ e6ective ,janu>y #a1 #bjji4 ,ont>io tax paya# 2f refunda# cr$its 9cludes only corporate 9come tax 7net ( non-refunda# cr$its71 corporate m9imum tax1 capital tax1 & special a4i;nal tax on life 9sur.e corpor,ns4 ,9 det]m9+ op;n #c1 5sure t ! ,ont>io tax paya# is 2f ! applic,n ( ,ont>io refunda# tax cr$its4 #abe ,app5dices c#bg ,total ( ,"ps ,i1 ,,vi1 ,,vi4#a1 & ,,xiii4#a tax1 z well z prov9cial & t]ritorial tax ,op;n #a #bjaj 4#iab1jjj ,op;n #b #bjji 4#iab1jjj ,op;n #c #bjjh 4#fj1jjj .,subtract3 ,total #bjaj e/imat$ refunda# cr$its 75t] ! am.t f l9e ;,d ( ,"w%eet #a7 ,op;n #a #bjaj 4#---- ,op;n #b #bjji 4#---- ,op;n #c #bjjh 4#---- ,9/al;t base am.t ,op;n #a #bjaj 4#iab1jjj ,op;n #b #bjji 4#iab1jjj ,op;n #c #bjjh 4#fj1jjj .,divide .by3 ,op;n #a #bjaj #ab ,op;n #b #bjji #ab ,op;n #c #bjjh #ab #abf ,app5dices d#bg ..,ea* (! #ab pay;ts due "u op;ns #a & .#b ,op;n #a #bjaj 4#gf1jjj ,op;n #b #bjji 4#gf1jjj ,op;n #c #bjjh %ad$ ..,ea* (! f/ #b pay;ts "u op;n .#c """""""""""""""""""""""""" 4#e1jjj ,previ\s-ye> 9/al;t base 7op;n #b 9/al;t base am.t abv7 """""" 4#iab1jjj .,subtract3 ,total ( pay;ts #a & #b "u op;n #c """""""""""""""""""""""""" 4#aj1jjj ,di6];e """""""""""""""""""""" 4#ijb1jjj .,divide .by3 """""""""""""""""""""" #aj ..,ea* (! rema9+ #aj pay;ts "u op;n .#c """""""""""""""""""" 4#ij1bjj ,op;n #c is ! mo/ advantage\s (! ?ree op;ns4 ,"!=e1 ,corpor,n ;,a w h 6remit an 9/al;t pay;t ( 4#e1jjj 9 ea* (! f/ two mon?s & 4#ij1bjj = ea* (! la/ #aj mon?s4 #abg ,app5dices e#bg ,note ,! total am.t ( 9/al;ts calculat$ "u op;n #c is alw ! same z "u op;n #b1 b op;n #c is (t5 *os5 :5 ! f/ two pay;ts >e l[]4 -------------------------------------#bh ,app5dix #f--,"w%eet #b-- ,example #c ,corpor,n ;,a has a p]man5t e/abli%;t only 9 .,ont>io & has e/imat$ xs f$]al tax = #bjaj at 4#bjj1jjj & xs ,ont>io prov9cial tax paya# = #bjaj at 4#ajj1jjj4 ,corpor,n ;,a has al e/imat$ xs refunda# cr$its1 9clud+ ,ont>io refunda# cr$its1 = #bjaj at 4#db1jjj4 ,! actual f$]al taxes = #bjji & #bjjh >e 4#age1jjj & 4#aej1jjj respectively4 ,! actual ,ont>io taxes = #bjji & #bjjh >e 4#fe1jjj & 4#dj1jjj respectively4 ,! ,ont>io taxes = #bjjh 9clud$ premium tax paya# ( 4#e1jjj4 ,9 a4i;n1 ! ,ont>io taxes = #bjjh 7 net ( ,ont>io refunda# tax cr$its ( 4#ac1jjj4 #abh ,app5dices a#bh ,us+ ,"w%eet #b1 we w det]m9e ! mo/ advantage\s op;n4 ,b f/1 we w calculate ,ont>io tax paya# = purposes ( det]m9+ op;n #c 7#bjjh73 ,op;n #c 7#bjjh7 ,actual ,ont>io tax paya# """"" 4#dj1jjj m9us ,premium tax paya# """""""" 4#e1jjj plus ,ont>io refunda# tax cr$its """""""""""""""""""""""""""""" 4#ac1jjj ,ont>io tax paya# """"""""""""" 4#dh1jjj -------------------------------------#bi ,"w%eet #b--,calculat+ mon?ly 9/al;t pay;ts = #bjaj ,9/al;t pay;ts >e due ea* mon? ( yr corpor,n's tax ye>4 .,add3 ,"p ,i tax paya# ,op;n #a #bjaj 4#bjj1jjj ,op;n #b #bjji 4#age1jjj ,op;n #c #bjjh 4#aej1jjj #abi ,app5dices a#bi ,"p ,,vi tax paya# ,op;n #a #bjaj 4#---- ,op;n #b #bjji 4#---- ,op;n #c #bjjh 4#---- ,"p ,,vi4#a tax paya# ,op;n #a #bjaj 4#---- ,op;n #b #bjji 4#---- ,op;n #c #bjjh 4#---- ,"p ,,xiii4#a tax paya# ,op;n #a #bjaj 4#---- ,op;n #b #bjji 4#---- ,op;n #c #bjjh 4#---- ,total ( ,"ps ,i1 ,,vi1 ,,vi4#a1 & ,,xiii4#a tax 99 ,op;n #a #bjaj 4#bjj1jjj ,op;n #b #bjji 4#age1jjj ,op;n #c #bjjh 4#aej1jjj .,add3 ,prov9cial & t]ritorial tax paya# 2f refunda# cr$its 9999 ,op;n #a #bjaj 4#ajj1jjj ,op;n #b #bjji 4#fe1jjj ,op;n #c #bjjh 4#dh1jjj #acj ,app5dices b#bi 99 ,if ! total ( ,"ps ,i1 ,,vi1 ,,vi4#a1 & ,,xiii4#a tax is 4#c1jjj or less = ei #bjaj or #bjji1 y d n h 6make 9/al;t pay;ts on ? am.t = #bjaj4 9999 ,? am.t is net ( prov9cial & t]ritorial non-refunda# cr$its4 ,if ! prov9cial & t]ritorial tax 2f refunda# cr$its is 4#c1jjj or less = ei #bjaj or #bjji1 y d n h 6make 9/al;t pay;ts on ? am.t = #bjaj4 ,9clude ,new ,brunswick & ,nova ,scotia tax on l>ge corpor,ns1 b d n 9clude prov9cial tax paya# f ,quebec or ,alb]ta4 ,! ,new ,brunswick tax on l>ge corpor,ns is elim9at$ e6ective ,janu>y #a1 #bjji4 ,ont>io tax paya# 2f refunda# cr$its 9cludes only corporate 9come tax 7net ( non-refunda# cr$its71 corporate m9imum tax1 capital tax1 & special a4i;nal tax on life 9sur.e corpor,ns4 ,9 det]m9+ op;n #c1 5sure t ! ,ont>io tax paya# is 2f ! applic,n ( ,ont>io refunda# tax cr$its4 #aca ,app5dices c#bi ,total ( ,"ps ,i1 ,,vi1 ,,vi4#a1 & ,,xiii4#a tax1 z well z prov9cial & t]ritorial tax ,op;n #a #bjaj 4#cjj1jjj ,op;n #b #bjji 4#bdj1jjj ,op;n #c #bjjh 4#aih1jjj .,subtract3 ,total #bjaj e/imat$ refunda# cr$its 75t] ! am.t f l9e ;,d ( ,"w%eet #a7 ,op;n #a #bjji 4#db1jjj ,op;n #b #bjjh 4#db1jjj ,op;n #c #bjjg 4#db1jjj ,9/al;t base am.t ,op;n #a #bjaj 4#beh1jjj ,op;n #b #bjji 4#aih1jjj ,op;n #c #bjjh 4#aef1jjj .,divide .by3 ,op;n #a #bjaj #ab ,op;n #b #bjji #ab ,op;n #c #bjjh #ab #acb ,app5dices d#bi ..,ea* (! #ab pay;ts due "u op;ns #a & .#b ,op;n #a #bjaj 4#ba1ejj ,op;n #b #bjji 4#af1ejj ,op;n #c #bjjh %ad$ ..,ea* (! f/ #b pay;ts "u op;n .#c """"""""""""""""""""""""" 4#ac1jjj ,previ\s-ye> 9/al;t base 7op;n #b 9/al;t base am.t abv7 """""" 4#aih1jjj .,subtract3 ,! total ( pay;ts #a & #b "u op;n #c """""""""""""""""""""""""" 4#bf1jjj ,di6];e """""""""""""""""""""" 4#agb1jjj .,divide .by3 """""""""""""""""""""" #aj ..,ea* (! rema9+ #aj pay;ts "u op;n .#c """""""""""""""""""" 4#ag1bjj ,op;n #c is ! mo/ advantage\s (! ?ree op;ns4 ,"!=e1 ,corpor,n ;,a w h 6remit an 9/al;t pay;t ( 4#ac1jjj 9 ea* (! f/ two mon?s & 4#ag1bjj = ea* (! la/ #aj mon?s4 #acc ,app5dices e#bi ,note ,! total am.t ( 9/al;ts calculat$ "u op;n #c is alw ! same z "u op;n #b1 b op;n #c is (t5 *os5 :5 ! f/ two pay;ts >e l[]4 -------------------------------------#cj ,app5dix #g--,"w%eet #c-- ,example ,corpor,n ;,a has e/imat$ xs tax = #bjaj at 4#bdj1jjj4 ,! actual taxes = #bjji & #bjjh >e 4#bdj1jjj & 4#cf1jjj1 respectively4 ,us+ ,"w%eet #c1 we w det]m9e ! mo/ advantage\s op;n4 ,"w%eet #c--,calculat+ qu>t]ly 9/al;t pay;ts = #bjaj ,9/al;t pay;ts >e due ea* qu>t] ( yr small-,,ccpc's tax ye>4 #acd ,app5dices a#cj .,add3 ,"p ,i tax paya# ,op;n #a #bjaj 4#bdj1jjj ,op;n #b #bjji 4#bdj1jjj ,op;n #c #bjjh 4#cf1jjj ,"p ,,vi tax paya# ,op;n #a #bjaj 4#---- ,op;n #b #bjji 4#---- ,op;n #c #bjjh 4#---- ,"p ,,vi4#a tax paya# ,op;n #a #bjaj 4#---- ,op;n #b #bjji 4#---- ,op;n #c #bjjh 4#---- ,"p ,,xiii4#a tax paya# ,op;n #a #bjaj 4#---- ,op;n #b #bjji 4#---- ,op;n #c #bjjh 4#---- ,total ( ,"ps ,i1 ,,vi1 ,,vi4#a1 & ,,xiii4#a tax 99 ,op;n #a #bjaj 4#bdj1jjj ,op;n #b #bjji 4#bdj1jjj ,op;n #c #bjjh 4#cf1jjj #ace ,app5dices b#cj .,add3 ,prov9cial & t]ritorial tax paya# 2f refunda# cr$its 9999 ,op;n #a #bjaj 4#---- ,op;n #b #bjji 4#---- ,op;n #c #bjjh 4#---- 99 ,if ! total ( ,"ps ,i1 ,,vi1 ,,vi4#a & ,,xiii4#a tax is 4#c1jjj or less = ei #bjaj or #bjji1 y d n h 6make 9/al;t pay;ts on ? am.t = #bjaj4 9999 ,? am.t is net ( prov9cial & t]ritorial non-refunda# cr$its4 ,if ! prov9cial & t]ritorial tax 2f refunda# cr$its is 4#c1jjj or less = ei #bjaj or #bjji1 y d n h 6make 9/al;t pay;ts on ? am.t = #bjaj4 ,9clude ,new ,brunswick & ,nova ,scotia tax on l>ge corpor,ns1 b d n 9clude prov9cial tax paya# f ,quebec or ,alb]ta4 ,! ,new ,brunswick tax on l>ge corpor,ns is elim9at$ e6ective ,janu>y #a1 #bjji4 ,ont>io tax paya# 2f refunda# cr$its 9cludes only corporate 9come #acf ,app5dices c#cj tax 7net ( non-refunda# cr$its71 corporate m9imum tax1 capital tax1 & special a4i;nal tax on life 9sur.e corpor,ns4 ,9 det]m9+ op;n #c1 5sure t ! ,ont>io tax paya# is 2f ! applic,n ( ,ont>io refunda# tax cr$its4 ,total ( ,"ps ,i1 ,,vi1 ,,vi4#a1 & ,,xiii4#a tax1 z well z prov9cial & t]ritorial tax ,op;n #a #bjaj 4#bdjj1jjj ,op;n #b #bjji 4#bdj1jjj ,op;n #c #bjjh 4#cf1jjj .,subtract3 ,total #bjaj e/imat$ refunda# cr$its 75t] ! am.t f l9e ;,d ( ,"w%eet #a7 ,op;n #a #bjaj 4#---- ,op;n #b #bjji 4#---- ,op;n #c #bjjh 4#---- ,9/al;t base am.t ,op;n #a #bjaj 4#bdjj1jjj ,op;n #b #bjji 4#bdj1jjj ,op;n #c #bjjh 4#cf1jjj #acg ,app5dices d#cj .,divide .by3 ,op;n #a #bjaj #d ,op;n #b #bjji #d ,op;n #c #bjjh #d ..,ea* (! f\r pay;ts due "u op;ns #a & .#b ,op;n #a #bjaj 4#fj1jjj ,op;n #b #bjji 4#fj1jjj ,op;n #c #bjjh %ad$ ..,f/ pay;t "u op;n .#c """""""" 4#i1jjj ,previ\s-ye> 9/al;t base 7op;n #b 9/al;t base am.t abv7 """""" 4#bdj1jjj .,subtract3 ,f/ pay;t "u op;n #c """"""""""" 4#i1jjj ,di6];e """""""""""""""""""""" 4#bca1jjj .,divide .by3 """"""""""""""""""""""" #c ..,ea* (! rema9+ ?ree pay;ts "u op;n .#c """""""""""""""""""" 4#gg1jjj ,op;n #c is ! mo/ advantage\s (! ?ree op;ns4 ,"!=e1 ,corpor,n ;,a w h 6remit an 9/al;t pay;t ( 4#i1jjj =! f/ qu>t] & 4#gg1jjj = ea* (! la/ #c qu>t]s4 #ach ,app5dices e#cj ,note ,! total am.t ( 9/al;ts calculat$ "u op;n #c is alw ! same z "u op;n #b1 b op;n #c is (t5 *os5 :5 ! f/ pay;t is l[]4 #aci #adj ,= m 9=m,n #ca ,if y ne$ m help af r1d+ ? guide1 or y h a "q ab yr a3.t1 g 6_+www.cra.gc.ca/payments_:1 use ! s]vices availa# 9 ,my ,busi;s ,a3.t or call ,busi;s ,5quiries at #a-hjj-iei-eebe4 ,= detail$ 9=m,n on topics 9 ? guide1 see ! f$]al ,9come ,tax ,act &! ,9come ,tax ,regul,ns4 ,we h id5tifi$ 9 p>5!ses ! sec;n1 subsec;n1 p>agraph1 or regul,n4 ,= 9=m,n ab fil+ yr ,t#b ,corpor,n ,9come ,tax ,return1 see ,guide ,t#djab1 ,t#b ,corpor,n--,9come ,tax ,guide4 ,g 6_+www.cra.gc.ca/corporation-internet_: = corpor,n 9t]net fil+ & _+www.cra.gc.ca/t2return_: = corporate 9come tax 9=m,n4 #ada ,\r s]vice -pla9t process a#ca ,/ep #a--,talk 6u ,if y >e n satisfi$ )! .s]vice y h rcvd f u1 y h ! "r 6make a =mal -pla9t4 ,2f y make a -pla9t1 we recomm5d t y try 6resolve ! matt] )! ,,cra employee y h be5 d1l+ ) 7or call ! ph"o numb] y h be5 giv574 ,if y / 4agree )! way yr 3c]ns >e 2+ a4ress$1 ask 64cuss ! matt] )! employee's sup]visor4 ,/ep #b--,3tact ,,cra--,s]vice ,-pla9ts ,? program is availa# 69dividual & busi;s taxpay]s & b5efit recipi5ts :o h d1l+s ) u4 ,x is m1nt 6provide y ) an extra level ( review if y >e n satisfi$ )! results f ! .f/ ./ep ( \r -pla9t process4 ,9 g5]al1 s]vice-relat$ -pla9ts ref] 6! qual;y & "tli;s (! "w we p]=m$4 #adb ,= m 9=m,n b#ca ,if y *oose 6br+ yr -pla9t 6! att5;n ( ,,cra--,s]vice ,-pla9ts1 -plete ,=m ,,rc#aic1 ,s]vice-,relat$ ,-pla9t1 : y c get 0go+ 6_+www.cra.gc.ca/complaints_: or 0call+ #a-hjj-iei-bbba4 ,/ep #c--,3tact ! (fice (! ,taxpay]s' ,ombudsman ,if1 ..af foll[+ /eps #a & .#b1 y >e / n satisfi$ )! way ! ,,cra has h&l$ yr -pla9t1 y c file a -pla9t )! ,taxpay]s' ,ombudsman4 ,= m 9=m,n on ! ,taxpay]s' ,ombudsman & on h[ 6file a -pla9t1 visit _! ,web site at _+www.taxpayersrights.gc.ca_:4 ,teletypewrit] ,if y h a he>+ or spee* impair;t & use a teletypewrit]1 = 5quiries call #a-hjj-ffe-jced & an ag5t at \r bil+ual 5quiries s]vice c help y4 #adc ,non-resid5t corpor,n c#ca 5quiries ,if y h a "q ab a .non-resid5t .corpor,n a3.t1 g 6_+www.cra.gc.ca/tx/nnrsdnts/bsnss_:1 or call ! ,9t]n,nal ,tax ,s]vices ,(fice at "o (! foll[+ numb]s3 ,canada &! ,unit$ ,/ates #a-hjj-efa-ggfa1 ext4 #iaee ,\tside ,canada &! ,unit$ ,/ates 7we a3ept collect calls7 #fac-ied-ifha ,fax numb] #fac-ieb-chde ,=ms & public,ns ,y c get a copy ( \r =ms & public,ns at _+www.cra.gc.ca/forms_: or 0call+ #a-hjj-iei-bbba4 #add ,my ,busi;s ,a3.t d#ca ,my ,busi;s ,a3.t provides 3v5i5t & secure onl9e a3ess 6a gr[+ range ( busi;s a3.t 9=m,n & s]vices4 ,= yr corpor,n 9come tax a3.t1 y c transmit a return & view xs /atus4 ,y c al view yr a3.t bal.e & transac;ns1 -munic,n items issu$ 0! ,,cra1 & direct deposit bank+ 9=m,n1 get a4i;nal remitt.e v\*]s1 & au?orize yr employees & repres5tatives 6h onl9e a3ess 6yr tax 9=m,n4 ,if y h an am.t [+1 y c calculate ! bal.e 79clud+ 9t]e/7 6a future date t y select4 ,y c transf] pay;ts & cr$its f "o 9t]im p]iod 6ano!r 9t]im p]iod or 6an am.t [+ )9 ! same a3.t4 ,y w 2 a# 6see ! results immly1 9clud+ up-to-date a3.t bal.es & 9t]e/4 ,y c make an onl9e reque/ 6ask = f9ancial transac;ns4 ,6f9d \ m ab ? electronic s]vice = busi;s1 g 6_+www.cra.gc.ca/mybusinessaccount_:4 #ade ,repres5t a cli5t e#ca ,au?oriz$ repres5tatives1 9clud+ employees1 c view a3.t 9=m,n & transact onl9e = busi;s [n]s "? ! ,repres5t a cli5t s]vice4 ,yr au?oriz$ repres5tatives w h 3v5i5t onl9e a3ess 6yr busi;s's tax 9=m,n & w 2 a# 6-municate directly )! ,,cra = y4 ,busi;s [n]s c au?orize _! repres5tatives "? ,my ,busi;s ,a3.t1 &! repres5tatives w h imm a3ess1 or 0-plet+ & fil+ ! ,,rc#ei1 ,busi;s ,3s5t ,=m4 ,= m 9=m,n1 g 6_+www.cra.gc.ca/representatives_:4 #adf ,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_: #adg ,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_: ,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 #adh