,canada ,rev5ue ,ag5cy

             ,t#g;,b ,corp4
        ,corpor,n ,9/al;t ,guide
                 #bjjg

             ,9 ,"o ,volume
           ,pr9t ,pages #c-bd
      ,brl ,pages ;i-;vi & #a-aac
    


































                 ,9dex

                              ,brl ,page
,:at's new """""""""""""""""""""""""" #a
  ,my ,busi;s ,a3.t """"""""""""""""" #a
  ,f$]al capital tax """""""""""""""" #b
  ,f$]al surtax """"""""""""""""""""" #b
  ,-pli.e refund hold """"""""""""""" #b
  ,g5]al (fset ( cr$it am.ts """""""" #c
  ,,gst/,,hst mon?ly /ate;ts """""""" #c
,yr op9ion c.ts """"""""""""""""""""" #c
  ,po9t4 ,click4 ,x's t qk6 """"""""" #e
,ta# ( 3t5ts """""""""""""""""""""""" #g
,2f y />t """""""""""""""""""""""""" #ac
  ,is ? guide = y8 """"""""""""""""" #ac
  ,d y ne$ m 9=m,n8 """""""""""""""" #ad
  ,=ms & public,ns """"""""""""""""" #ae
  ,pro#m resolu;n program """""""""" #ae
  ,my ,busi;s ,a3.t """""""""""""""" #af
  ,au?oriz$ repres5tatives """"""""" #af
  ,onl9e reque/s """"""""""""""""""" #ag
  ,alt]nate a4ress """"""""""""""""" #ag
  ,direct deposit """""""""""""""""" #ah
  ,l>ge ,value ,transf] ,s]vice """" #ai
                                      ;i
                 ,9dex
,9/al;t require;ts """"""""""""""""" #ba
  ,"ps ,i1 ,i4#c1 ,,vi1 ,,vi4#a1 &
    ,,xiii4#a tax 9/al;ts """""""""" #ba
    ,h[ 6calculate yr 9/al;ts (
      ,"ps ,i1 ,i4#c1 ,,vi1
      ,,vi4#a1 & ,,xiii4#a tax """"" #bb
  ,"p ,,xii4#a--,tax on c>v$-\
    9come """""""""""""""""""""""""" #bd
    ,report+ ,"p ,,xii4#a tax """""" #be
    ,h[ 6calculate 9/al;ts ( ,"p
      ,,xii4#a tax """"""""""""""""" #be
  ,"p ,,xii4#c--,tax on 9ve/;t
    9come ( life 9sur]s """""""""""" #bf
    ,report+ ,"p ,,xii4#c tax """""" #bf
    ,h[ 6calculate 9/al;ts ( ,"p
      ,,xii4#c tax """"""""""""""""" #bf
  ,special situ,ns--,:5 d y n h
    6pay 9/al;ts8 """""""""""""""""" #bh
    ,tax paya# ( 4#a1jjj or less """ #bh
    ,new corpor,ns """"""""""""""""" #bi
  ,special rules """"""""""""""""""" #bi
    ,%ort tax ye>s """"""""""""""""" #bi
    
                                     ;ii
                 ,9dex
    ,fluctuat+ fil+ p]iod 5d+
      7fiscal p]iod l;g] ?an #cfe
      "ds7 """"""""""""""""""""""""" #cb
    ,amalgam,ns """""""""""""""""""" #cb
    ,w9d-ups """"""""""""""""""""""" #cc
    ,transf]s or rollov]s """""""""" #cc
    ,*ange ( 3trol """"""""""""""""" #cd
    ,specifi$ future tax 3sequ;es "" #cd
,due dates """"""""""""""""""""""""" #ce
  ,9/al;t due dates """""""""""""""" #ce
  ,bal.e due date """""""""""""""""" #cf
    ,amalgam,ns """""""""""""""""""" #ch
    ,w9d-ups """"""""""""""""""""""" #ch
,"u/&+ /ate;ts """"""""""""""""""""" #dj
  ,/ate;t ( ,9t]im ,pay;ts """"""""" #da
  ,/ate;t ( ,>re>s """"""""""""""""" #db
,pay+ 9/al;ts """""""""""""""""""""" #dc
  ,h[ 6make a pay;t """""""""""""""" #dc
    ,electronic,y """""""""""""""""" #dc
    ,at yr f9ancial 9/itu;n """""""" #dc
    ,0mail """"""""""""""""""""""""" #dd
  ,pay+ on "t """""""""""""""""""""" #dd
  
                                    ;iii
                 ,9dex
  ,us+ ! "r pay;t v\*] """"""""""""" #de
    ,=m ,,rc#aei1 ,am.t ,[+
      ,remitt.e ,v\*] """""""""""""" #dg
    ,=m ,,rc#afj1 ,9t]im pay;ts
      ,remitt.e ,v\*] """""""""""""" #dg
  ,mak+ l>ge pay;ts """""""""""""""" #dh
  ,[+ m9imal am.ts """"""""""""""""" #di
,transf]s1 refunds1 & prepay;ts """" #ea
  ,transf]r+ 9/al;ts """"""""""""""" #ea
  ,refund ( 9/al;ts """""""""""""""" #ec
  ,transf]r+ ov]pay;ts """"""""""""" #ed
  ,prepay+ reassess;ts """"""""""""" #ee
,9t]e/ & p5alties """""""""""""""""" #eg
  ,9/al;t 9t]e/ """""""""""""""""""" #eg
  ,9/al;t p5alty """"""""""""""""""" #fc
  ,>re>s 9t]e/ """"""""""""""""""""" #fd
  ,refund 9t]e/ """""""""""""""""""" #fe
  ,c>ryback """""""""""""""""""""""" #ff
  ,=giv5 9t]e/ """"""""""""""""""""" #fg
  ,c.ell+ small am.ts ( p5alty &
    9t]e/ """""""""""""""""""""""""" #fg
  ,c.ell+ or waiv+ p5alties &
    9t]e/ """""""""""""""""""""""""" #fg
                                     ;iv
                 ,9dex
,"w%eets """"""""""""""""""""""""""" #ga
  ,rates ( tax """"""""""""""""""""" #gb
    ,f$]al """"""""""""""""""""""""" #gb
    ,prov9cial or t]ritorial """"""" #gb
  ,"w%eet #a--,calculat+ e/imat$
    tax paya# & tax cr$its = #bjjg   #gg
  ,"w%eet #b--,calculat+ mon?ly
    9/al;t pay;ts = #bjjg """""""""" #hc
,app5dices """"""""""""""""""""""""" #hi
  ,app5dix #a--,9/al;t base--
    ,amalgam,ns ,7,regul,n
    #ecja7#d77' """""""""""""""""""" #hi
  ,app5dix #b--,9/al;t base--,w9d-
    ups ,7,regul,n #ecja7#f77' """"" #ic
    ,2f ! w9d-up """"""""""""""""""" #ie
    ,af ! w9d-up """"""""""""""""""" #ie
  ,app5dix #c--,9/al;t base--
    ,transf]s or rollov]s
    ,7,regul,n #ecja7#h77' """"""""" #ih
    ,2f ! rollov] """""""""""""""""" #ii
    ,af ! rollov] """"""""""""""""" #ajj
  ,app5dix #d--,"w%eet #b--
    ,example #a """"""""""""""""""" #ajc
                                      ;v
                 ,9dex
  ,"w%eet #b--,calculat+ mon?ly
    9/al;t pay;ts = #bjjg """"""""" #ajc
  ,app5dix #e--,"w%eet #b--
    ,example #b """"""""""""""""""" #ajh
  ,"w%eet #b--,calculat+ mon?ly
    9/al;t pay;ts = #bjjg """"""""" #ajh

















                                     ;vi
,transcrib]'s note3
  7,front cov]7

,canada ,rev5ue ,ag5cy

        ,corpor,n ,9/al;t ,guide
                 #bjjg
    
,t#g;,b ,corp4 7,e7 ,rev4 #jf

,transcrib]'s note3
  7,9side front cov]7

               ,:at's new
    
           ,my ,busi;s ,a3.t
    
  ,! ,canada ,rev5ue ,ag5cy 7,,cra7 has
a new onl9e s]vice call$ ,my ,busi;s
,a3.t1 : provides 3v5i5t & secure a3ess
6a gr[+ range ( p]sonaliz$ busi;s a3.t
9=m,n & s]vices4 ,9 fall #bjjg1 ,my
,busi;s ,a3.t w al (f] a3ess = au?oriz$
?ird "pies &a full range ( busi;s a3.t
op;ns4 ,visit                         #a
               ,:at's new
_+www.cra.gc.ca/mybusinessaccount_: 6f9d
\ m ab ? excit+ a4i;n 6\r suite (
electronic s]vices = busi;s4

           ,f$]al capital tax
    
  ,! f$]al capital tax 7,"p ,i4#c tax7
is z]o z ( ,janu>y #a1 #bjjf4

             ,f$]al surtax
    
  ,! f$]al surtax w 2 elim9at$ z (
,janu>y #a1 #bjjh4

          ,-pli.e refund hold
    
  ,e6ective ,april #a1 #bjjg1 if y file
a corpor,n 9come tax return %[+ a
refund1 & y h an ov]due return on yr
a3.t or any relat$ busi;s numb] a3.t 7=
example yr ,,gst/,,hst a3.t71 we w n
refund any am.t until all ov]due returns
h be5 fil$4
                                      #b
       ,g5]al (fset ( cr$it am.ts
    
  ,e6ective ,april #a1 #bjjg1 if y >e
expect+ a refund on yr corpor,n 9come
tax a3.t & y [e an am.t on ! same or a
relat$ busi;s numb] a3.t 7= example yr
,,gst/,,hst a3.t71 we w automatic,y
apply yr refund 6yr debt4 ,only !
di6];e1 if any1 w 2 refund$ 6y4

       ,,gst/,,hst mon?ly /ate;ts
    
  ,/>t+ 9 ,april #bjjg1 if y >e a
corpor,n .&a ,,gst/,,hst regi/rant1 y
may rcv a mon?ly /ate;t ab yr
,,gst/,,hst a3.t 6help y /ay up-to-date4
,^! new /ate;ts w 2 s5t 6y only if "! is
activ;y on yr ,,gst/,,hst a3.t4

            ,yr op9ion c.ts
    
  ,we review ? guide ea* ye>4 ,if y h
-;ts or su7es;ns 6help u improve \r
public,ns1 we'd l 6he> f y4
                                      #c
            ,yr op9ion c.ts
  ,s5d yr -;ts to3

  ,taxpay] ,s]vices ,directorate
  ,canada ,rev5ue ,ag5cy
  #gej ,h]on ,road
  ,ottawa ,,on ,k#a;,a #j;,l#e

  ,if y h a visual impair;t1 y c get \r
public,ns 9 brl1 l>ge pr9t1 or etext
7;,,cd or diskette71 or on audio
cassette or ,,mp#c4 ,= details1 visit \r
,web site at _+www.cra.gc.ca/alternate_:
or call #a-hjj-iei-bbba4

,transcrib]'s note3
  7,! >1s \tl9$ 9 r$ >e 9dicat$ by 8,/>t
  \tl9e0 & 8,5d \tl9e0 at ! left m>g947






                                      #d
,/>t \tl9e

       ,po9t4 ,click4 ,x's t qk6
    
  ,t's all x takes 6get tax 9=m,n :5 y
    ne$ x4 ,visit _+www.cra.gc.ca_: td &
    f9d \ h[ easy manag+ yr taxes c be4
  ,! ,,cra wants 6decr1se ! dem& = pap]4
    ,9 ! future1 we 5c\rage y 6view ?
    guide on \r ,web site at
    _+www.cra.gc.ca/_e/pub/tg/t7b-corp_:
    & pr9t ! "ps y ne$4
,5d \tl9e











                                      #e
























                                      #f
              ,ta# ( 3t5ts            #c
    
                                   ,page
,2f y />t """"""""""""""""""""""""""" #d
  ,is ? guide = y8 """""""""""""""""" #d
  ,d y ne$ m 9=m,n8 """"""""""""""""" #d
  ,=ms & public,ns """""""""""""""""" #d
  ,pro#m resolu;n program """"""""""" #d
  ,my ,busi;s ,a3.t """"""""""""""""" #d
  ,au?oriz$ repres5tatives """""""""" #d
  ,onl9e reque/s """""""""""""""""""" #d
  ,alt]nate a4ress """""""""""""""""" #d
  ,direct deposit """"""""""""""""""" #e
  ,l>ge ,value ,transf] ,s]vice """"" #e
,9/al;t require;ts """""""""""""""""" #e
  ,"ps ,i1 ,i4#c1 ,,vi1 ,,vi4#a1
    & ,,xiii4#a tax 9/al;ts """"""""" #e
    ,h[ 6calculate yr 9/al;ts (
      ,"ps ,i1 ,i4#c1 ,,vi1
      ,,vi4#a1 & ,,xiii4#a tax """""" #e
  ,"p ,,xii4#a--,tax on c>v$-\
    9come """"""""""""""""""""""""""" #e
    ,report+ ,"p ,,xii4#a tax """"""" #f
    
                                      #g
              ,ta# ( 3t5ts           a#c
    ,h[ 6calculate 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
    ,h[ 6calculate 9/al;ts ( ,"p
      ,,xii4#c tax """""""""""""""""" #f
  ,special situ,ns--,:5 d y n h
    6pay 9/al;ts8 """"""""""""""""""" #f
    ,tax paya# ( 4#ajjj or less """"" #f
    ,new corpor,ns """""""""""""""""" #f
  ,special rules """""""""""""""""""" #f
    ,%ort tax ye>s """""""""""""""""" #f
    ,fluctuat+ fil+ p]iod 5d+
      7fiscal p]iod l;g] ?an
      #cfe "ds7 """"""""""""""""""""" #g
    ,amalgam,ns """"""""""""""""""""" #g
    ,w9d-ups """""""""""""""""""""""" #g
    ,transf]s or rollov]s """"""""""" #g
    ,*ange ( 3trol """""""""""""""""" #g
    ,specifi$ future tax
      3sequ;es """""""""""""""""""""" #g
    
                                      #h
              ,ta# ( 3t5ts           b#c
,due dates """""""""""""""""""""""""" #g
  ,9/al;t due dates """"""""""""""""" #g
  ,bal.e due date """"""""""""""""""" #g
    ,amalgam,ns """"""""""""""""""""" #h
    ,w9d-ups """""""""""""""""""""""" #h
,"u/&+ /ate;ts """""""""""""""""""""" #h
  ,/ate;t ( ,9t]im ,pay;ts """""""""" #h
  ,/ate;t ( ,>re>s """""""""""""""""" #h
,pay+ 9/al;ts """"""""""""""""""""""" #h
  ,h[ 6make a pay;t """"""""""""""""" #h
    ,electronic,y """"""""""""""""""" #h
    ,at yr f9ancial 9/itu;n """"""""" #h
    ,0mail """""""""""""""""""""""""" #i
  ,pay+ on "t """"""""""""""""""""""" #i
  ,us+ ! "r pay;t v\*] """""""""""""" #i
    ,=m ,,rc#aei1 ,am.t ,[+
      ,remitt.e ,v\*] """"""""""""""" #i
    ,=m ,,rc#afj1 ,9t]im ,pay;ts
      ,remitt.e ,v\*] """"""""""""""" #i
  ,mak+ l>ge pay;ts """"""""""""""""" #i
  ,[+ m9imal am.ts """""""""""""""""" #i
,transf]s1 refunds & prepay;ts """"" #aj
  ,transf]r+ 9/al;ts """"""""""""""" #aj
                                      #i
              ,ta# ( 3t5ts           c#c
  ,refund ( 9/al;ts """""""""""""""" #aj
  ,transf]r+ ( ov]pay;ts """"""""""" #aj
  ,prepay+ reassess;ts """"""""""""" #aj
,9t]e/ & p5alties """""""""""""""""" #aj
  ,9/al;t 9t]e/ """""""""""""""""""" #aa
  ,>re>s 9t]e/ """"""""""""""""""""" #ab
  ,refund 9t]e/ """""""""""""""""""" #ab
  ,c>ryback """""""""""""""""""""""" #ab
  ,=giv5 9t]e/ """"""""""""""""""""" #ab
  ,c.ell+ small am.ts ( p5alty &
    9t]e/ """""""""""""""""""""""""" #ab
  ,c.ell+ or waiv+ p5alties &
    9t]e/ """""""""""""""""""""""""" #ab
,"w%eets """"""""""""""""""""""""""" #ac
  ,rates ( tax """"""""""""""""""""" #ac
    ,f$]al """"""""""""""""""""""""" #ac
    ,prov9cial or t]ritorial """"""" #ac
  ,"w%eet #a--,calculat+ e/imat$
    tax paya# & tax cr$its =
    #bjjg """""""""""""""""""""""""" #ad
  ,"w%eet #b--,calculat+ mon?ly
    9/al;t pay;ts = #bjjg """""""""" #af
  
                                     #aj
              ,ta# ( 3t5ts           d#c
,app5dices """"""""""""""""""""""""" #ag
  ,app5dix #a--,9/al;t base--
    ,amalgam,ns """""""""""""""""""" #ag
  ,app5dix #b--,9/al;t base--
    ,w9d-ups """"""""""""""""""""""" #ai
  ,app5dix #c--,9/al;t base--
    ,transf]s """""""""""""""""""""" #ba
  ,app5dix #d--,"w%eet #b--
    ,example #a """""""""""""""""""" #bc
  ,app5dix #e--,"w%eet #b--
    ,example #b """""""""""""""""""" #bd
  
  










                                     #aa
  
  






















                                     #ab
               ,2f y />t              #d
    
            ,is ? guide = y8
    
  ,g5],y1 corpor,ns h 6pay _! taxes 9
mon?ly 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
  ,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/ & p5alty1 & >re>s 9t]e/1 if
we d n rcv ! requir$ pay;ts on "t4 ,see
8,9t]e/ & p5alties0 on page #aj4

,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 rcv f u4
  ,ref];e 6! t]m .report+ .p]iod has !
                                     #ac
            ,is ? guide = y8         a#d
  same m1n+ z ! t]m .tax .ye> s9ce bo?
  t]ms describe ! p]iod assess$4
  
           ,d y ne$ m 9=m,n8
    
  ,? guide uses pla9 language 6expla9 !
mo/ -mon tax situ,ns4 ,if y ne$ help af
r1d+ ? guide or y h a "q ab yr a3.t or
yr 9/al;t require;ts1 call \r ,busi;s
,5quiries l9e at #a-hjj-iei-eebe4
  ,= detail$ 9=m,n on topics 9 ? guide1
see ! ,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
  ,if y h a "q ab a .non-resid5t
.corpor,n a3.t1 visit _+www.cra.gc.ca/_&
tax/nonresidents/business_: or call !
,9t]n,nal ,tax ,s]vices ,(fice at "o (!
foll[+ numb]s3

                                     #ad
           ,d y ne$ m 9=m,n8         b#d
  ,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

        ,pro#m resolu;n program
    
  ,if y h a pro#m1 y c call ! ,busi;s
,5quiries l9e at #a-hjj-iei-eebe4
  ,if yr pro#m is n resolv$ 6yr
satisfac;n1 call ! ,pro#m ,resolu;n
,program co-ord9ator li/$ 9 ! gov]n;t
sec;n ( yr teleph"o book4            #ae
           ,my ,busi;s ,a3.t         c#d
    
  ,! ,canada ,rev5ue ,ag5cy 7,,cra7 has
a new onl9e s]vice call$ ,my ,busi;s
,a3.t1 : provides 3v5i5t & secure a3ess
6a gr[+ range ( p]sonaliz$ busi;s a3.t
9=m,n & s]vices4 ,9 fall #bjjg1 ,my
,busi;s ,a3.t w al (f] a3ess = au?oriz$
?ird "pies &a full range ( busi;s a3.t
op;ns4 ,visit
_+www.cra.gc.ca/mybusinessaccount_: 6f9d
\ m ab ? excit+ a4i;n 6\r suite (
electronic s]vices = busi;s4

        ,au?oriz$ repres5tatives
    
  ,if y want u 6rel1se any ( yr a3.t+
9=m,n 6an 9dep5d5t repres5tative1 s* z
an a3.tant1 y c ei s5d u a sign$ lr (
au?oriz,n1 or -plete ,=m ,,rc#ei1
,busi;s ,3s5t ,=m4 ,! lr %d 9dicate yr
"n1 title1 & ,busi;s ,numb]1 ! a3.ts &
tax ye>s 6: ! 3s5t applies1 ! "n1
teleph"o & fax numb]s ( yr
                                     #af
            ,is ? guide = y8         d#d
repres5tative1 &! expiry date (! 3s5t4
,! lr %d 2 sign$ & dat$4

             ,onl9e reque/s
    
  ,y c make a reque/ onl9e =3
    --c]ta9 f9ancial ac;ns2
    --! transf] (a cr$it2
    --a4i;nal remitt.e v\*]s2
    --o!r -munic,n products2
    --reproduc;ns ( previ\sly issu$
      correspond;e on yr a3.t2
    --9hibi;n ( /ate;ts2
    --9hibi;n ( return 5velopes2
    --an 9t]e/ review2 or
    --a pay;t se>*4
  ,= details1 visit \r ,web site at
_+www.cra.gc.ca/requests-business_:4

            ,alt]nate a4ress
    
  ,y c h yr mon?ly ,/ate;t ( ,>re>s1
,/ate;t ( ,9t]im ,pay;ts1 & any
,notific,n ( ,return$ ,pay;t s5t     #ag
            ,alt]nate a4ress         e#d
6ei yr busi;s a4ress .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
  ,3tact yr tax c5tre if y wd l m 9=m,n1
or 6regi/] an alt]nate a4ress4 ,y d n h
63tact u if y >e satisfi$ ) rcvg yr
/ate;ts at yr curr5t mail+ a4ress4
--------------------------------------#e
            ,direct deposit
    
  ,direct deposit (f]s a safe1 3v5i5t1 &
dep5da# way ( rcvg refunds & elim9ates !
pot5tial loss ( cr$it 9t]e/ if a *eque
is delay$ 9 ! mail4 ,if y reque/ x1 we w
deposit yr refunds directly 96yr a3.t at
mo/ f9ancial 9/itu;ns4
  ,6./>t direct deposit or .*ange 9=m,n
t y h alr giv5 u3
    --complete ! 8,direct deposit
      reque/0 box on ! ,t#b return2 or
    
                                     #ah
            ,direct deposit          a#e
    --s5d ,=m ,t#b-;,,dd1 ,direct
      ,deposit ,reque/ ,=m = ,corpor,ns
      6yr tax c5tre4
  ,yr direct deposit reque/ w /ay 9
e6ect until y *ange ! 9=m,n or c.el !
s]vice4 ,h["e1 if yr f9ancial 9/itu;n
tells u t y h a new a3.t1 we may deposit
! pay;ts 96! new a3.t4 ,if we _c deposit
yr pay;ts 96a designat$ a3.t1 we w mail
a *eque 6y at ! a4ress we h on file4

     ,l>ge ,value ,transf] ,s]vice
    
  ,! ,canadian ,pay;ts ,associ,n has set
a maximum value ( 4#be million = any
*eque or o!r pap]-bas$ pay;t 9/ru;t
cle>$ "? ! bank+ sy/em4 ,! rule al
prohibits ! splitt+ ( am.ts 9 excess (!
set limit 96small] a3epta# *eques4 ,?
9itiative 5h.es ! safety & /abil;y (!
,canadian pay;ts sy/em4
  ,! ,,cra m/ transmit all l>ge value
refunds electronic,y "? ! ,l>ge ,value
,transf] ,s]vice 7,,lvts74           #ai
          ,l>ge value transf]        b#e
  ,if y >e expect+ a refund ov] 4#be
million1 >range = direct deposit1 &
3tact yr tax c5tre 6regi/] =! ,,lvts &
provide ! requir$ bank+ 9=m,n4



















                                     #bj
           ,9/al;t require;ts        c#e
    
  ,corpor,ns g5],y make mon?ly pay;ts
call$ 9/al;ts t[>ds _! tax liabil;y "u
^! "ps (! ,9come ,tax ,act3
    --,"ps ,i1 ,i4#c1 ,,vi1 ,,vi4#a1 &
      ,,xiii4#a2
    --,"p ,,xii4#a2 &
    --,"p ,,xii4#c4

     ,"ps ,i1 ,i4#c1 ,,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 ,i4#c--,tax on l>ge corpor,ns2
    --,"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
                                     #ba
            ,"ps ,i1 ,i4#c1          d#e
,note
  ,"p ,i4#c tax1 ! f$]al capital tax1 is
  z]o z ( ,janu>y #a1 #bjjf4
  
      ,h[ 6calculate yr 9/al;ts (
     ,"ps ,i1 ,i4#c1 ,,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> ,7p>agraph #aeg7#a77a7 &
#aeg7#c77'4
  ,= all ?ree op;ns1 y base ! calcul,n
on ! total tax y h 6pay "u ,"ps ,i1
,i4#c1 ,,vi1 ,,vi4#a1 & ,,xiii4#a (!
,act1 &! tax y h 6pay 6prov9ces &/or
t]ritories 7o!r ?an ,quebec1 ,ont>io1 &
,alb]ta74 ,bo? refunda# & non-refunda#1
f$]al1 prov9cial & t]ritorial tax cr$its
>e 9clud$ 9 ! calcul,n ( 9/al;t pay;ts4
  ,y c calculate us+3
  ,op;n #a--,"o-twelf? (! e/imat$ tax
paya# =! curr5t tax ye> is due ea* mon?
(! tax ye>4                          #bb
            ,"ps ,i1 ,i4#c1          e#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 w assess yr return us+ ! op;n t
results 9 ! l1/ am.t paya# 09/al;ts4
  ,unlike o!r prov9ces &! t]ritories1
,quebec1 ,ont>io1 & ,alb]ta adm9i/] &
collect _! [n corporate taxes4
,corpor,ns t e>n$ taxa# 9come 9 ^!
prov9ces pay prov9cial tax directly 6^?
prov9ces4

,note
  ,we may *>ge 9t]e/ if y use op;n #a1 &
  yr e/imat$ tax 0 l[] ?an ! ye>'s
  actual tax &! tax calculat$ us+ op;n
  #b or #c4
                                     #bc
            ,"ps ,i1 ,i4#c1          f#e
  ,we h 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$its = #bjjg2 &
    --,"w%eet #b--,calculat+ mon?ly
      9/al;t pay;ts = #bjjg4
  ,^! "w%eets c 2 f.d on page #ad & page
#af or y c get !m at
_+www.cra.gc.ca/forms_:4
  ,use ! e/imat$ cr$its = #bjjg
6calculate yr 9/al;t pay;ts "u op;n #a1
#b1 or #c4

      ,"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

                                     #bd
              ,"p ,,xii4#a            #f
res\rce prop]ty ": c]ta9 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 rcv ! return
)9 six mon?s (! 5d ( yr tax ye>4

      ,h[ 6calculate 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

                                     #be
      ,"p ,,xii4#c--,tax on 9ve/;t   a#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 rcv ! return no lat] ?an six mon?s af
! 5d ( yr tax ye>4

      ,h[ 6calculate 9/al;ts ( ,"p
              ,,xii4#c tax
    
  ,calculate ea* 9/al;t pay;t z "o-
twelf? (! less] (3
                                     #bf
              ,"p ,,xii4#c           b#f
    --! 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
  ,! rema9+ tax1 if any1 is due on or 2f
yr bal.e due date4
  ,if yr ,"p ,,xii4#c tax is 4#a1jjj or
less 9 ! curr5t or previ\s ye>1 y d n h
6make 9/al;t pay;ts4

,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
  
  

                                     #bg
      ,special situ,ns--,:5 d y n    c#f
            h 6pay 9/al;ts8
    
      ,tax paya# ( 4#a1jjj or less
    
  ,y d n h 6make 9/al;t pay;ts on yr
f$]al taxes if ! total ( yr taxes paya#
"u ,"ps ,i1 ,i4#c1 ,,vi1 ,,vi4#a1 &
,,xiii4#a1 prior 6! deduc;n ( curr5t ye>
refunda# tax cr$its1 = ei ! curr5t or
previ\s ye> is 4#a1jjj or less
,7subsec;n #aeg7#b.a77'4
  ,if yr ,"p ,,xii4#c tax is 4#a1jjj or
less 9 ! curr5t or previ\s ye>1 y d n h
6make 9/al;t pay;ts ( ? 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#a1jjj or
less4
  ,h["e1 y h 6pay yr taxes1 if any1 on
yr bal.e due date4


                                     #bh
             ,new corpor,ns          d#f
    
  ,except = "p ,,xii4,i 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 yr bal.e due date = t tax
ye>4

,note
  ,y may h 6/>t mak+ 9/al;t pay;ts ev5
  2f y pay yr bal.e due or file yr f/
  return4
  
  ,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

             ,special rules
    
             ,%ort tax ye>s
    
  ,yr tax ye> may 2 less ?an #ab mon?s4
,if s1 y h 6pay "o-twelf? or "o-     #bi
             ,special rules          e#f
t5? ( yr tax ea* -plete mon? 9 ! tax
ye>1 dep5d+ on : calcul,n op;n y *oose4
,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?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 #bjjg
  ,5d ( tax ye>3 ,m>* #cj1 #bjjg

  ,tax [$ 09/al;ts "u ,op;n #b3
  4#cjj1jjj4

  ,two 9/al;ts ( 4#be1jjj 7#a ov] #ab (
  4#cjj1jjj7 ea* m/ 2 pd on ,febru>y #ad
  & ,m>* #ad4

  ,if ! actual tax =! ye> is 4#ejj1jjj1
  ! rema9+ 4#dej1jjj is due 0! bal.e due
  date4
                                     #cj
             ,special rules          f#f
  ,= op;n #b or #c1 :5 a previ\s tax ye>
is less ?an #ab mon?s1 ! tax paya# = t
ye> is adju/$ to
--------------------------------------#g
a #ab-mon? equival5t ,7,regul,n
#ecja7#a77'4 ,? is call$ ! .adju/$
.base4
  ,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


                                     #ca
       ,fluctuat+ fil+ p]iod 5d+     a#g
      7fiscal p]iod l;g] ?an #cfe
                  "ds7
    
  ,no *ange is 3sid]$ 6o3ur ": a
corpor,n foll[s ! practice ( 5d+ xs
fiscal p]iod on a *os5 "d (! week 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
  
              ,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 #ag4


                                     #cb
                ,w9d-ups             b#g
    
  ,: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
,7,regul,n #ecja7#f77'4 ,= an example1
see ,app5dix #b on page #ai4

         ,transf]s or rollov]s
    
  ,"! >e situ,ns ":1 9 a transac;n 6:
subsec;n #he7#a7 or #he7#b7 applies1 a
corpor,n rcvs all or sub/anti,y all
7e4g4 #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
#bb4

,ref];e
  ,,it-#dai1 ,m1n+ ( ,>m's ,l5g?     #cc
             ,*ange ( 3trol          c#g
    
  ,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
  ,:5 "! is a %ort tax ye>1 see !
special rules = %ort tax ye>s on page
#f4

,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>ry-back1 =eign tax cr$it
adju/;ts1 & fl[-"? %>e renunci,n4    #cd
               ,due dates            d#g
    
           ,9/al;t due dates
    
  ,9/al;t pay;ts >e due on ! la/ "d ( e
-plete mon? ( yr tax ye> ,7subsec;n
#aeg7#a77'4 ,! f/ pay;t is due "o mon?
m9us a "d f ! />t+ "d ( yr tax ye>4 ,!
re/ (! pay;ts >e due on ! same "d ( ea*
mon? t foll[s4

,example #a
  ,/>t ( tax ye>3 ,janu>y #a1 #bjjg
  ,5d ( tax ye>3 ,decemb] #ca1 #bjjg

  ,ea* (! 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 #bjjg4 ,! la/
  pay;t is due 0,decemb] #ca1 #bjjg4

,example #b
  ,f/ "d ( tax ye>3 ,octob] #aj1 #bjjf
  ,5d ( tax ye>3 ,octob] #i1 #bjjg

                                     #ce
           ,9/al;t due dates         e#g
  ,! f/ 9/al;t pay;t is due 0,novemb]
  #i1 #bjjf1 &! la/ 9/al;t pay;t is due
  0,octob] #i1 #bjjg4

            ,bal.e due date
    
  ,! bal.e due date is ! date y h 6pay !
rema9d] (! tax y [e =! tax ye>
,7p>agraph #aeg7#a77b77'4
  ,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 ,i4#c1 ,,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 claims ! small busi;s
    deduc;n =! tax ye>1 or 0 all[$ !
    small busi;s deduc;n 9 ! previ\s tax
    ye>2 .& .ei                      #cf
            ,bal.e due date          f#g
    --! corpor,n's taxa# 9come =!
      previ\s tax ye> does n exce$ xs
      busi;s limit = t tax ye>
--------------------------------------#h
      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 !
      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


                                     #cg
            ,bal.e due date          a#h
  ,= 9=m,n on busi;s limits1 see ,guide
,t#djab1 ,t#b ,corpor,n--,9come ,tax
,guide4

              ,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$ecessor corpor,ns' taxa# 9comes =
_! tax ye>s t 5d$ j 2f !y amalgamat$
,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 &                         #ch
            ,bal.e due date          b#h
    --! 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

















                                     #ci
             ,"u/&+ /ate;ts          c#h
    
  ,we issue /ate;ts on a mon?ly basis r
?an on a transac;nal basis4 ,^! /ate;ts
%[ 9t]im & >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
  ,>re>s & 9t]im am.ts >e %[n sep>ately
on yr /ate;t1 & 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 rcv 6make sure we h
appli$ yr pay;ts correctly4 ,3tact yr
tax c5tre immly1 if we made an ]ror 9
apply+ any ( yr pay;ts1 z pay;ts >e n
transf]a# once yr tax return has be5
assess$4 ,= m 9=m,n1 see ! sec;n call$
8,transf]r+ 9/al;ts0 on page #aj4
  ,keep ! /ate;ts ) yr records = future
use4                                 #dj
        ,/ate;t ( ,9t]im ,pay;ts     d#h
    
  ,! ,/ate;t ( ,9t]im ,pay;ts 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 ,=ms ,,rc#afj1 ,9t]im
      ,pay;ts ,remitt.e ,v\*]1 6make
      lat] 9/al;t pay;ts4
  ,! 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

                                     #da
            ,/ate;t ( ,>re>s         e#h
    
  ,! ,/ate;t ( ,>re>s 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]s7
      s9ce ! la/ /ate;t2
    --provide process$ bal.es 0p]iod7s72
    --provide ! gr& total bal.e acr all
      process$ p]iods2 &
    --provide ,=m ,,rc#aei1 ,am.ts ,[+
      ,remitt.e ,v\*]4











                                     #db
             ,pay+ 9/al;ts           f#h
    
           ,h[ 6make a pay;t
    
             ,electronic,y
    
  ,y may 2 a# 6pay 0teleph"o or ,9t]net
bank+4 ,= 9=m,n1 see
_+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

        ,at yr f9ancial 9/itu;n
    
  ,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
                                     #dc
           ,h[ 6make a pay;t          #i

                 ,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]
7,,bn71 e4g4 #abcde #fghi ,,rc#jjja1 on
! back (! *eque or m"oy ord]4 ,*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

                                     #dd
              ,pay+ on "t            a#i
    --!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 "t
if x is rcvd ! f/ busi;s "d af ! due
date4

          ,us+ ! "r pay;t v\*]
    
  ,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               #de
          ,us+ ! "r pay;t v\*]       b#i
  ,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 make an onl9e reque/ at
_+www.cra.gc.ca/eservices/tax/_&
business/requests_: 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 reque/ "o4 ,we w process yr f/
  pay;t1 & !n we w s5d y a 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


                                     #df
          ,us+ ! "r pay;t v\*]       c#i
,note
  ,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 a prepay;t = an
anticipat$ reassess;t4 ,:5 us+ ? pay;t
v\*] 6make a prepay;t1 9dicate on ! v\*]
t ! pay;t is a prepay;t & provide ! tax
ye>-5d (! reassess;t4 ,=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 9/al;t pay;t
due date1 n ! tax ye>-5d4            #dg
          ,us+ ! "r pay;t v\*]       d#i
  ,af all mon?ly 9t]im pay;ts >e made =!
curr5t ye> 7= example1 #bjjg-ab-ca71 y w
rcv ! f/ ,=m ,,rc#afj =! next ye> 7=
example1 #bjjh-ab-ca71 al;g ) ano!r ,=m
,,rc#afj4 ,? a4i;nal =m w %[ ! tax ye>-
5d (! curr5t ye> 7= example1
#bjjg-ab-ca74 ,use ! =m 6remit yr bal.e
due date pay;t1 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
                                     #dh
            ,[+ m9imal am.ts         e#i
    
  ,af we process yr return & apply any
9t]e/ or p5alty *>ges1 if ! total 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
















                                     #di
























                                     #ej
         ,transf]s1 refunds1 &       #aj
               prepay;ts
    
           ,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$$ 6ano!r a3.t ": !y >e ne$$4
,we w transf] an am.t 6pay an \t/&+
bal.e on a ,corpor,n1 a ,,gst1 or an
,employ] a3.t2 or 6cov] a requir$ pay;t
on an ,employ] a3.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
    --,y c transf] funds 2t tax ye>s 9 !
      same a3.t or 6ano!r a3.t4
    --,y c transf] ei "p (a pay;t or an
      am.t made up ( s"eal pay;ts4   #ea
           ,transf]r+ 9/al;ts       a#aj
    --,y c reque/ 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

,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
  
                                     #eb
           ,transf]r+ 9/al;ts       b#aj
  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

           ,refund ( 9/al;ts
    
  ,we w norm,y 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.t4

,note
  ,y m/ file a return no lat] ?an ?ree
  ye>s af ! 5d (a tax ye> 6rcv a tax
  refund4
                                     #ec
           ,refund ( 9/al;ts        c#aj
  ,we w 3sid] refund+ an 9/al;t pay;t :5
y 9=m u t ! pay;t 0 remitt$ 6u b 0 9t5d$
=a ?ird "py4 ,we d n pay refund 9t]e/ on
? type ( refund4
  ,if y >e expect+ a refund grt] ?an
4#be million see 8,l>ge ,value ,transf]
,s]vice0 on page #e4

          ,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
  
  ,:5 ask+ =a reassess;t ( yr tax
return1 x is nec 6reque/ t any       #ed
          ,transf]r+ ov]pay;ts      d#aj
ov]pay;t 2 transf]r$2 o!rwise1 we w
refund ! ov]pay;t af ! (fset ( any \t/&+
debits on yr a3.t & any relat$ ,busi;s
,numb] a3.t4 ,h["e1 e6ective ,april #a1
#bjjg1 we w .n refund ! ov]pay;t if "!
is a miss+ return on ^! a3.ts4
  ,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+
! e6ective 9t]e/ rate ,7subsec;n
#afd7#c77'4
  ,e6ective ,april #a1 #bjjg1 we w .n
transf] ! ov]pay;t 6a relat$ ,busi;s
,numb] a3.t if "! is a miss+ return on
yr a3.t4

          ,prepay+ reassess;ts
    
  ,if y prepay tax = an anticipat$
reassess;t y may reduce *>ges ( >re>s
9t]e/4
  ,6make prepay;ts1 use ,=m ,,rc#aei1
,am.t ,[+ ,remitt.e ,v\*] 7h["e1     #ee
          ,prepay+ reassess;ts      e#aj
we w a3ept any corpor,n remitt.e v\*]74
,cle>ly 9dicate t ! pay;ts >e
.prepay;ts4 ,al 9clude yr ,busi;s ,numb]
&! tax ye>-5d = : ! prepay;ts >e 9t5d$4
,we w hold ! pay;ts = ? purpose & apply
!m :5 we process ! reassess;ts4

















                                     #ef
           ,9t]e/ & p5alties        f#aj
    
  ,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 refund 9t]e/ up 6! "d an
ov]pay;t is refund$ or appli$4
  ,! 9t]e/ rate on ."upay;ts is bas$ on
! av]age rate ( #ij-"d tr1sury bills
sold dur+ ! f/ mon? (
-------------------------------------#aa
! 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 see
_+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           #eg
             ,9/al;t 9t]e/          a#aa
,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 #aeg7#a77'1 ac 6yr 9/al;t
require;ts =! ye>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                            #eh
             ,9/al;t 9t]e/          b#aa
,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 #bjjg4 ,!
  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#bi1die.fi 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 #bjjg
  ,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/

                                     #ei
             ,9/al;t 9t]e/          c#aa
  ,only ! columns ) 9=m,n w >e 9dicat$47

,janu>y #ca
  ,due3 4#ge1jjj
  ,bal.e3 4#ge1jjj.jj
  ,"ds3 #bh
  ,9t]e/3 4#eai.ed
,febru>y #bh
  ,due3 4#ge1jjj
  ,bal.e3 4#aej1eai.ed
  ,"ds3 #ab
  ,9t]e/3 4#dde.ih
,m>* #ab
  ,pay;t rcvd3 4#abj1jjj
  ,bal.e3 4#cj1ife.eb
  ,"ds3 #ai
  ,9t]e/3 4#ade.ci
,m>* #ca
  ,due3 4#ge1jjj
  ,bal.e3 4#ajf1aaj.ia
  ,"ds3 #be
  ,9t]e/3 4#fef.je

                                     #fj
             ,9/al;t 9t]e/          d#aa
,april #be
  ,pay;t rcvd3 4#aej1jjj
  ,bal.e3 74#dc1bcc.jd7
  ,"ds3 #e
  ,9t]e/3 74#ec.cc7
,april #cj
  ,due3 4#ge1jjj
  ,bal.e3 4#ca1gac.fc
  ,"ds3 #ca
  ,9t]e/3 4#bdc.ca
,may #ca
  ,due3 4#ge1jjj
  ,bal.e3 4#ajf1ief.id
  ,"ds3 #cj
  ,9t]e/3 4#gid.jb
,june #cj
  ,due3 4#ge1jjj
  ,bal.e3 4#ahb1gej.if
  ,"ds3 #ca
  ,9t]e/3 4#a1djb.aj



                                     #fa
             ,9/al;t 9t]e/          e#aa
,july #ca
  ,due3 4#ge1jjj
  ,bal.e3 4#bei1aec.jf
  ,"ds3 #ca
  ,9t]e/3 4#a1ihh.bg
,augu/ #ca
  ,due3 4#ge1jjj
  ,bal.e3 4#ccf1ada.cc
  ,"ds3 #cj
  ,9t]e/3 4#b1die.dd
,septemb] #cj
  ,due3 4#ge1jjj
  ,bal.e3 4#dac1fcf.gg
  ,"ds3 #ca
  ,9t]e/3 4#c1agc.di
,octob] #ca
  ,due3 4#ge1jjj
  ,bal.e3 4#dia1haj.bf
  ,"ds3 #cj
  ,9t]e/3 4#c1fea.ji



                                     #fb
             ,9/al;t 9t]e/          f#aa
,novemb] #cj
  ,due3 4#ge1jjj
  ,bal.e3 4#egj1dfa.ce
  ,"ds3 #ca
  ,9t]e/3 4#d1cgf.fh
,decemb] #ca
  ,due3 4#ge1jjj
  ,bal.e3 4#fdi1hch.jc
  ,"ds3 #fj
  ,9t]e/3 4#i1feg.ff
,bal.e due date ,febru>y #bi1 #bjjh
  ,total 9/al;t 9t]e/3 4#bi1die.fi
-------------------------------------#ab
             ,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
    --4#a1jjj2 &
    --#be@3p (! 9/al;t 9t]e/ calculat$
      if no 9/al;t pay;t _h be5 made =!
      ye>4                           #fc
             ,9/al;t p5alty         a#ab
  ,"o-half (! di6];e is ! am.t (!
p5alty4

,example
  ,9 ! previ\s example1 we *>g$
  ,corpor,n ;,a 9/al;t 9t]e/ (
  4#bi1die.fi4 ,"!=e1 we assess a p5alty
  ( 4#h1bje.ae z foll[s3
  
  ,9/al;t 9t]e/ """""""""""" 4#bi1die.fi
  ,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#eb1cda.eb "ts #be@3p   4#ac1jhe.ch
  ,di6];e """""""""""""""""" 4#af1daj.ca
  ,9/al;t p5alty 7"o-half (
    di6];e7 """"""""""""""""" 4#h1bje.ae
  
              ,>re>s 9t]e/
    
  ,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/     #fd
              ,>re>s 9t]e/          b#ab
is -p.d$ daily on any unpd bal.e f !
bal.e due date 6! date ( pay;t4
  ,"! is no p5alty on >re>s 9t]e/4

             ,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$ or appli$4
  ,:5 we refund or apply an ov]pay;t1 we
pay refund 9t]e/ f :i*"e (! foll[+ dates
is lat]3
    --! date (! ov]pay;t2
    --! "o hundr$ & tw5tie? "d af ! 5d
      (! tax ye> if ! return =! ye> is
      fil$ on "t2 or
    --! ?irtie? "d af ! date ! return 0
      fil$ if x is fil$ late4


                                     #fe
               ,c>ryback            c#ab
    
  ,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 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$2
    --! date a prescrib$ =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



                                     #ff
              ,=giv5 9t]e/          d#ab
    
  ,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

      ,c.ell+ or waiv+ p5alties &
                 9t]e/
    
  ,we may c.el or waive failure 6file
p5alties or 9t]e/ *>ges 9 situ,ns ": y
fail 6pay an am.t due 6circum/.es 2y yr
3trol4 ,! types ( situ,ns 9 : we may
                                     #fg
            ,c.ell+ or waiv+        e#ab
c.el or waive a p5alty or 9t]e/ *>ge
9clude ! foll[+3
    --natural or human-made 4a/]s1 s* z
      floods or fires2
    --civil 4turb.es or 4rup;ns 9
      s]vices1 s* z po/al /rikes2
    --a s]i\s ill;s or a3id5t su6]$ 0!
      p]son :o is responsi# = mak+ a
      pay;t :5 due2 &
    --wr;g 9=m,n 2+ giv5 6! corpor,n1 ei
      9 a lr f u or 9 "o ( \r public,ns4
  ,reque/s made 9 a cal5d> ye> af #bjjd1
w only 2 3sid]$ =a tax ye> t 5d$ t5
cal5d> ye>s or less 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+ p5alty or 9t]e/ *>ges1 s5d u a
lr expla9+ :y x 0 impossi# 6make ! pay;t
on "t4
  ,= m 9=m,n on c.ell+ or waiv+ p5alties
& 9t]e/1 see ,9=m,n ,circul> #ib-b1
,guidel9es =! ,c.ell,n & ,waiv] (    #fh
            ,c.ell+ or waiv+        f#ab
,9t]e/ & ,p5alties &! fair;s provi.ns on
\r ,web site at
_+www.cra.gc.ca/fairness_:4
-------------------------------------#ac
  ,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 ,fair;s ,program4
,we w calculate 9t]e/ on ? ov]pay;t #cj
"ds af ! fair;s applic,n 0 rcvd4














                                     #fi
                                    a#ac























                                     #gj
                ,"w%eets            b#ac
    
  ,! two "w%eets 9 ? sec;n w help y
det]m9e yr 9/al;ts ( ,"ps ,i1 ,i4#c1
,,vi1 ,,vi4#a1 & ,,xiii4#a tax = #bjjg4
  ,use ,"w%eet #a 6e/imate yr curr5t-ye>
tax paya# & yr tax cr$its4 ,!n use ^!
am.ts 6-plete ! curr5t-ye> 9=m,n >ea on
,"w%eet #b4
  ,use ,"w%eet #b 6det]m9e yr 9/al;ts =!
ye>4 ,af y h calculat$ ! taxes y [e "u
,"ps ,i1 ,i4#c1 ,,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,h[ 6calculate yr 9/al;ts (
,"ps ,i1 ,i4#c1 ,,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
                                     #ga
                "w%eets             c#ac
  ,y may h 9/al;ts 6pay = ,"ps ,,xii4#a
or ,,xii4#c tax4 ,if s1 see 8,h[
6calculate 9/al;ts ( ,"p ,,xii4#a tax0
or 8,h[ 6calculate 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 = #bjjg 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

                                     #gb
              ,rates ( tax          d#ac
  ,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
  ,quebec1 ,ont>io1 & ,alb]ta d n h
corpor,n tax collec;n agree;ts )! f$]al
gov]n;t4 ,if y h a p]man5t e/abli%;t 9
^! prov9ces y h 6file an 9come tax
return ) yr prov9ce4
  ,9clude ,new ,brunswick & ,nova
,scotia tax on l>ge corpor,ns z a
prov9cial tax :5 e/abli%+ tax paya# or
det]m9+ ! 9/al;t base =a "picul> ye>4
                                     #gc
              ,rates ( tax          e#ac
  ,if y h a p]man5t e/abli%;t 9 m ?an "o
prov9ce or t]ritory1 y h 6calculate !
taxa# 9come y e>n$ 9 ea* prov9ce or
t]ritory & file ,s*$ule #e1 ,tax
,calcul,n ,supple;t>y--,corpor,ns4 ,see
! s*$ule or ref] 6,"p ,,iv (! ,9come
,tax ,regul,ns = m details4
  ,! foll[+ ta# %[s ! approximate #bjjg
9come tax rates =! prov9ces & t]ritories
t h corpor,n tax collec;n agree;ts )!
f$]al gov]n;t4
  ,^! rates >e 9 e6ect on ,janu>y #a1
#bjjg1 & _m w *ange dur+ #bjjg4 ,= m
details1 see _+www.cra.gc.ca/tax/_&
business/topics/corporations/_&
rates-e.html_:4







                                     #gd
              ,rates ( tax          f#ac
,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














                                     #ge
              ,rates ( tax          g#ac
,newf.dl& & ,labrador "" #e@3p "" #ad@3p
,nova ,scotia """""""""" #e@3p "" #af@3p
,pr9ce ,$w>d ,isl& """ #e.d@3p "" #af@3p
,new ,brunswick """""" #a.e@3p "" #ab@3p
,manitoba """""""""""""" #c@3p "" #ad@3p
,saskat*ewan """"""""" #d.e@3p "" #ad@3p
,briti% ,columbia """" #d.e@3p "" #ab@3p
,yukon """"""""""""""""" #d@3p "" #ae@3p
,nor?we/ ,t]ritories """ #d@3p  #aa.e@3p
,nunavut """"""""""""""" #d@3p "" #ab@3p













                                     #gf
         ,"w%eet #a--,calculat+      #ad
     e/imat$ tax paya# & tax cr$its
                = #bjjg
    
,e/imat$ taxa# 9come """""""""""" 4#----

  ,calculat+ ! e/imat$ tax paya#

  ,total (! foll[+
    e/imat$ am.ts3
,base am.t ( f$]al ,"p ,i
  tax """"""""""""""""""""""""""" 4#----
,f$]al surtax """"""""""""""""""" 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#----

                                     #gg
               ,"w%eet #a           a#ad
,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$it """"""""""""""""""""" 4#----
,res\rce deduc;n """""""""""""""" 4#----
,g5]al tax reduc;n =
  ,,ccpc's """""""""""""""""""""" 4#----
,g5]al tax reduc;n """""""""""""" 4#----
,f$]al lo7+ tax cr$it """"""""""" 4#----
,f$]al political 3tribu;n
  tax cr$it """"""""""""""""""""" 4#----
,f$]al qualify+
  5viron;tal tru/ tax
  cr$it """"""""""""""""""""""""" 4#----
,9ve/;t tax cr$it """"""""""""""" 4#----
7,b7 ,subtotal """""""""""""""""" 4#----


                                     #gh
               ,"w%eet #a           b#ad
,total e/imat$ #bjjg ,"p ,i tax
  paya# 99 7l9e ;,a m9us l9e
  ;,b7 """""""""""""""""""""""""" 4#----
,total e/imat$ #bjjg ,"p ,,vi
  tax paya# 99 """""""""""""""""" 4#----
,total e/imat$ #bjjg ,"p ,,vi4#a
  tax paya# 99 """""""""""""""""" 4#----
,total e/imat$ #bjjg ,"p
  ,,xiii4#a tax paya# 99 """""""" 4#----
7,c7 ,e/imat$ #bjjg 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 #b4
9999 ,use ? am.t :5 y calculate yr
  mon?ly 9/al;t pay;ts on ,"w%eet #b
  79clude ,new ,brunswick & ,nova
  ,scotia tax on l>ge corpor,ns1 b d n
  9clude prov9cial tax paya# f ,quebec1
  ,ont>io or ,alb]ta74


                                     #gi
               ,"w%eet #a            #ae
  ,calculat+ ! e/imat$ refunda# tax
  cr$its = #bjjg

  ,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$it """""""""""""""""" 4#----
                                     #hj
               ,"w%eet #a           a#ae
,newf.dl& & ,labrador
  film & video 9du/ry tax
  cr$it """""""""""""""""" 4#----
,nova ,scotia film 9du/ry
  tax cr$it """""""""""""" 4#----
,nova ,scotia rese>* &
  develop;t tax cr$it """" 4#----
,new ,brunswick film tax
  cr$it """""""""""""""""" 4#----
,new ,brunswick refunda#
  rese>* & develop;t tax
  cr$it """""""""""""""""" 4#----
,manitoba film & video
  produc;n tax cr$it """"" 4#----
,manitoba refunda#
  manufactur+ 9ve/;t tax
  cr$it """""""""""""""""" 4#----
,manitoba refunda# co-
  op]ative $uc,n tax
  cr$it """""""""""""""""" 4#----
,manitoba refunda# od\r-
  3trol tax cr$it =
  agricultural corpor,ns   4#----
                                     #ha
               ,"w%eet #a           b#ae
,saskat*ewan refunda#
  manufactur+ & process+
  9ve/;t tax cr$it """"""" 4#----
,saskat*ewan qualify+
  5viron;tal tru/ tax
  cr$it """""""""""""""""" 4#----
,saskat*ewan film
  employ;t tax cr$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$it """""""""""""""""" 4#----
,briti% ,columbia book
  publi%+ tax cr$it """""" 4#----
                                     #hb
               ,"w%eet #a           c#ae
,yukon m9]al explor,n tax
  cr$it """""""""""""""""" 4#----
,yukon rese>* & develop;t
  tax cr$it """""""""""""" 4#----
,total e/imat$ refunda#
  tax cr$its = #bjjg 99 "" 4#----

99 ,use ? am.t :5 y calculate yr mon?ly
  9/al;t pay;ts on ,"w%eet #b4
-------------------------------------#af
     ,"w%eet #b--,calculat+ mon?ly
         9/al;t pay;ts = #bjjg
    
  ,9/al;t pay;ts >e due ea* mon? ( yr
corpor,n's tax ye>4

,add3
,"p ,i tax paya#
  ,op;n #a #bjjg "" 4#----
  ,op;n #b #bjjf """"""""" 4#----
  ,op;n #c #bjje """""""""""""""" 4#----


                                     #hc
               ,"w%eet #b           a#af
,"p ,i4#c tax paya# 99
  ,op;n #a #bjjg "" 4#----
  ,op;n #b #bjjf """"""""" 4#----
  ,op;n #c #bjje """""""""""""""" 4#----
,"p ,,vi tax paya#
  ,op;n #a #bjjg "" 4#----
  ,op;n #b #bjjf """"""""" 4#----
  ,op;n #c #bjje """""""""""""""" 4#----
,"p ,,vi4#a tax paya#
  ,op;n #a #bjjg "" 4#----
  ,op;n #b #bjjf """"""""" 4#----
  ,op;n #c #bjje """""""""""""""" 4#----
,"p ,,xiii4#a tax paya#
  ,op;n #a #bjjg "" 4#----
  ,op;n #b #bjjf """"""""" 4#----
  ,op;n #c #bjje """""""""""""""" 4#----
,total ( ,"ps ,i1 ,i4#c1 ,,vi1
  ,,vi4#a1 & ,,xiii4#a tax 9999
  ,op;n #a #bjjg "" 4#----
  ,op;n #b #bjjf """"""""" 4#----
  ,op;n #c #bjje """""""""""""""" 4#----

99 ,"p ,i4#c tax is z]o z ( ,janu>y #a1
  #bjjf4                             #hd
               ,"w%eet #b           b#af
9999 ,if ! total ( ,"ps ,i1 ,i4#c1 ,,vi1
  ,,vi4#a1 & ,,xiii4#a tax is 4#a1jjj or
  less = ei #bjjg or #bjjf1 y d n h
  6make 9/al;t pay;ts on ? am.t = #bjjg4

  ,add
,prov9cial & t]ritorial tax
  paya# 2f refunda# cr$its
  999999

999999 ,? am.t is net ( prov9cial &
  t]ritorial non-refunda# cr$its4 ,if !
  prov9cial & t]ritorial tax is 4#a1jjj
  or less = ei #bjjg or #bjjf1 y d n h
  6make 9/al;t pay;ts on ? am.t = #bjjg
  79clude ,new ,brunswick & ,nova
  ,scotia tax on l>ge corpor,ns1 b d n
  9clude prov9cial tax paya# f ,quebec1
  ,ont>io or ,alb]ta74




                                     #he
               ,"w%eet #b           c#af
,total ( ,"ps ,i1 ,i4#c1 ,,vi1
  ,,vi4#a1 & ,,xiii4#a tax1 z
  well z prov9cial & t]ritorial
  tax
  ,op;n #a #bjjg "" 4#----
  ,op;n #b #bjjf """"""""" 4#----
  ,op;n #c #bjje """""""""""""""" 4#----
,subtract3
,total #bjjg e/imat$ refunda#
  cr$its 75t] ! am.t f l9e ;,d (
  ,"w%eet #a7
  ,op;n #a #bjjg "" 4#----
  ,op;n #b #bjjf """"""""" 4#----
  ,op;n #c #bjje """""""""""""""" 4#----
,9/al;t base am.t
  ,op;n #a #bjjg "" 4#----
  ,op;n #b #bjjf """"""""" 4#----
  ,op;n #c #bjje """""""""""""""" 4#----
,divide by3
  ,op;n #a #bjjg "" #ab
  ,op;n #b #bjjf """"""""" #ab
  ,op;n #c #bjje """"""""""""""""""" #ab

                                     #hf
               ,"w%eet #b           d#af
#ab pay;ts due "u op;ns #a & #b
  ,op;n #a #bjjg "" 4#----
  ,op;n #b #bjjf """"""""" 4#----
  ,op;n #c #bjje """""""""""""""""" %ad$
,f/ #b pay;ts "u op;n #c """""""" 4#----
,prior-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#----
,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 #d & #e4



                                     #hg
























                                     #hh
               ,app5dices            #ag
    
      ,app5dix #a--,9/al;t base--
         ,amalgam,ns ,7,regul,n
              #ecja7#d77'
    
,transcrib]'s note3
  7,! foll[+ is set up 9 ?ree columns4
  ,column #a3 ,corpor,n ;,a
  ,column #b3 ,corpor,n ;,b
  ,column #c3 ,corpor,n ;,c7
  
  ,corpor,n ;,a
,/>t ( tax,n ye>3 ,janu>y #a1 #bjje
,5d ( tax,n ye>3 ,decemb] #ca1 #bjje
,tax paya#3 4#b1jjj

,/>t ( tax,n ye>3 ,janu>y #a1 #bjjf
,5d ( tax,n ye>3 ,decemb] #ca1 #bjjf
,tax paya#3 4#d1jjj

  ,corpor,n ;,b
,/>t ( tax,n ye>3 ,janu>y #a1 #bjje
,5d ( tax,n ye>3 ,decemb] #ca1 #bjje
,tax paya#3 4#b1ejj                  #hi
              ,app5dix #a           a#ag
,/>t ( tax,n ye>3 ,janu>y #a1 #bjjf
,5d ( tax,n ye>3 ,decemb] #ca1 #bjjf
,tax paya#3 4#e1jjj

  ,corpor,n ;,c
,/>t ( tax,n ye>3 ,janu>y #a1 #bjje
,5d ( tax,n ye>3 ,decemb] #ca1 #bjje
,tax paya#3 4#c1jjj

,/>t ( tax,n ye>3 ,janu>y #a1 #bjjf
,5d ( tax,n ye>3 ,decemb] #ca1 #bjjf
,tax paya#3 4#f1jjj

  ,corpor,ns ;,a1 ;,b1 & ;,c amalgamat$
on ,janu>y #a1 #bjjg1 6=m ,corpor,n
,,abc4
  ,= xs f/ tax ye>1 : w 5d on ,decemb]
#ca1 #bjjg1 ,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 #bjjg7 wd be3

                                     #ij
              ,app5dix #a           b#ag
,tax,n ye>-5d ,decemb] #ca1 #bjjg
  ,corpor,n ,,abc3 tax paya# 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 #bjjg tax ye> is 4#ae1jjj4
  ,? am.t is ! total (! pr$ecessor
  corpor,ns' tax paya# 7#bjjf7 = _! la/
  tax ye> 2f amalgam,n4
7#b7 ,! second 9/al;t base am.t =!
  su3essor's #bjjg tax ye> is 4#g1ejj4
  ,? am.t is ! total (! pr$ecessor
  corpor,ns' f/ 9/al;t base am.t =!
  #bjjf tax ye>4


                                     #ia
              ,app5dix #a            #ah
  ,= ,regul,n #ecja7#d71 ! 9/al;t base
ye> am.ts = ,corpor,n ,,abc's second tax
ye> t 5ds on ,decemb] #ca1 #bjjh1 wd be3

,tax,n ye>-5d ,decemb] #ca1 #bjjh
  ,corpor,n ,,abc3 tax paya# 4#be1jjj 99

99 ,e/imate ( tax paya# = #bjjh4

  ,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 #bjjh tax ye> is 4#bj1jjj4

,note
  ,if ! su3essor's f/ tax ye> _h be5
  less ?an #ahc "ds1 ! f/ 9/al;t base
  am.t = #bjjh wd h equall$ ! grt] (!
  foll[+ two am.ts3                  #ib
              ,app5dix #a           a#ah
    --! adju/$ base am.t = #bjjg2 &
    --! 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 #f74
    
7#b7 ,! second 9/al;t base am.t =!
  su3essor's #bjjh tax ye> is 4#ae1jjj4
  ,? am.t is ! su3essor's f/ 9/al;t base
  am.t = xs f/ tax ye> 7#bjjg74
-------------------------------------#ai
      ,app5dix #b--,9/al;t base--
          ,w9d-ups ,7,regul,n
              #ecja7#f77'
    
  ,on ,july #ca1 #bjjg1 a subsidi>y
corpor,n w.d up & 4solv$1 & all xs
assets 7 4tribut$ 6xs p>5t corpor,n4

,note
  ,al? ! subsidi>y m/ file a return =!
  tax ye> t 9cludes ,janu>y #a1 #bjjg1
  6,july #ca1 #bjjg1 ! tax assess$ = ?
                                     #ic
              ,app5dix #b           a#ai
  p]iod w n 2 "p (! 9/al;t base 9 any
  ye> =! p>5t corpor,n4

,tax,n ye>-5d3 ,decemb] #ca1 #bjje
  ,tax paya# 7p>5t73 4#ad1jjj
  ,tax paya# 7subsidi>y73 4#e1jjj
,tax,n ye>-5d3 ,decemb] #ca1 #bjjf
  ,tax paya# 7p>5t73 4#ab1jjj
  ,tax paya# 7subsidi>y73 4#f1jjj
,tax,n ye>-5d3 ,decemb] #ca1 #bjjg 99
  ,tax paya# 7p>5t73 4#bj1jjj
  ,tax paya# 7subsidi>y73 ,n/,a

99 ,=! curr5t tax ye> 5d+ on ,decemb]
  #ca1 #bjjg1 ! e/imat$ tax paya# is
  4#bj1jjj4

  ,= ,regul,n #ecja7#f71 ! 9/al;t base
ye> am.ts =! p>5t corpor,n's tax ye> t
5ds on ,decemb] #ca1 #bjjg1 wd be3



                                     #id
              ,2f ! w9d-up          b#ai
    
,tax,n ye>-5d ,decemb] #ca1 #bjjg3
  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 #bjjg4
-------------------------------------#bj
              ,af ! w9d-up
    
,tax,n ye>-5d ,decemb] #ca1 #bjjg3
  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

  ,five 9/al;t pay;ts ( 4#a1ejj ea*
74#ah1jjj divid$ 0#ab7 >e due up
6,decemb] #ca1 #bjjg4
                                     #ie
              ,app5dix #b           a#bj
7#a7 ,! f/ 9/al;t base am.t =! p>5t's
  #bjjg 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 #bjjg tax ye>4
7#b7 ,! second 9/al;t base am.t =!
  p>5t's #bjjg 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 #bjjg tax ye>4
    
  ,= ,regul,n #ecja7#f71 ! 9/al;t base
ye> am.ts =! p>5t's tax ye> t 5ds on
,decemb] #ca1 #bjjh1 wd be3

,tax,n ye>-5d ,decemb] #ca1 #bjjh3
  4#bf1jjj 99
  ,f/ 9/al;t base am.t 7#a73 4#bj1jjj
    plus 74#f1jjj "ts #g divid$ 0#ab7
    equals 4#bc1ejj                  #if
              ,app5dix #b           b#bj
  ,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
  #bjjh 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 #bjjg tax ye>1
      multipli$ 0! numb] ( -plete mon?s
      7#g7 9 ! p>5t's #bjjg tax ye> 2f !
      w9d+-up 4tribu;n divid$ 0#ab4
      ,calculate ? am.t z foll[s3
      74#f1jjj "ts #g7 divid$ 0#ab
      equals 4#c1ejj4
7#b7 ,! second 9/al;t base =! p>5t's
  #bjjh tax ye> is 4#ah1jjj4 ,? am.t is
  ! total (3

                                     #ig
              ,app5dix #b           c#bj
    --! p>5t's normal f/ 9/al;t base
      am.t ( 4#ab1jjj = xs #bjjg tax
      ye>2 &
    --! subsidi>y's f/ 9/al;t base am.t
      ( 4#f1jjj = xs #bjjg tax ye>4
-------------------------------------#ba
      ,app5dix #c--,9/al;t base--
         ,transf]s or rollov]s
         ,7,regul,n #ecja7#h77'
    
  ,on ,octob] #ca1 #bjjf1 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 #bjjf1 6,octob] #ca1
  #bjjf1 9 : all or sub/anti,y all ( xs
  prop]ty has be5 4pos$ (1 ! actual tax
  assess$ = t ye> w n 2 "p (!
  transf]ee's 9/al;t base 9 any ye>4
                                     #ih
              ,app5dix #c           a#ba
,tax,n ye>-5d3 ,june #cj1 #bjje
  ,tax paya# 7transf]ee73 4#ad1jjj
  ,tax paya# 7transf]or73 4#e1jjj
,tax,n ye>-5d3 ,june #cj1 #bjjf
  ,tax paya# 7transf]ee73 4#ab1jjj
  ,tax paya# 7transf]or73 4#f1jjj
,tax,n ye>-5d3 ,june #cj1 #bjjg 99
  ,tax paya# 7transf]ee73 4#bj1jjj
  ,tax paya# 7transf]or73 ,n/,a

99 ,=! curr5t tax ye> 5d+ on ,june #cj1
  #bjjg1 ! 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 5d$
on ,june #cj1 #bjjg1 wd h be53

             ,2f ! rollov]
    
,tax,n ye>-5d ,june #cj1 #bjjg3 4#bj1jjj
  ,f/ 9/al;t base am.t3 4#ab1jjj
  ,second 9/al;t base am.t3 4#ad1jjj
                                     #ii
              ,app5dix #c           b#ba
  ,f\r 9/al;t pay;ts ( 4#a1jjj ea*
74#ab1jjj divid$ 0#ab7 >e due up
6,octob] #ca1 #bjjf4
-------------------------------------#bb
             ,af ! rollov]
    
,tax,n ye>-5d ,june #cj1 #bjjg3 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

  ,ei<t 9/al;t pay;ts ( 4#a1ejj ea*
74#ah1jjj / #ab7 >e due up 6,june #cj1
#bjjg4

7#a7 ,! f/ 9/al;t base am.t =!
  transf]ee's #bjjg tax ye> 0 4#ah1jjj4
  ,? am.t is ! total (3
    --! transf]ee's normal f/ 9/al;t
      base am.t ( 4#ab1jjj2 &
    
                                    #ajj
              ,app5dix #c           a#bb
    --! transf]or's f/ 9/al;t base am.t
      ( 4#f1jjj = xs #bjjg tax ye>4
7#b7 ,! second 9/al;t base am.t =!
  transf]ee's #bjjg tax ye> 0 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 #bjjg tax ye>4
  ,= ,regul,n #ecja7#h71 ! 9/al;t base
ye> am.ts =! transf]ee's tax ye> t 5ds
on ,june #cj1 #bjjh1 wd be3

,tax,n ye>-5d ,june #cj1 #bjjh3
  4#bg1jjj 99
  ,f/ 9/al;t base am.t 7#a73 4#bj1jjj
    plus 74#f1jjj "ts #d divid$ 0#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                     #aja
              ,app5dix #c           b#bb
7#a7 ,! f/ 9/al;t base am.t =!
  transf]ee's #bjjh 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 #bjjg tax ye>1
      multipli$ 0! numb] ( -plete mon?s
      7#d7 9 ! transf]ee's #bjjg tax ye>
      2f ! rollov]1 divid$ 0#ab4
      ,calculate ? am.t z foll[s3
      74#f1jjj "ts #d7 divid$ 0#ab
      equals 4#b1jjj4
7#b7 ,! second 9/al;t base =!
  transf]ee's #bjjh tax ye> is 4#ah1jjj4
  ,? am.t is ! total (3
    --! transf]ee's normal second 9/al;t
      base am.t ( 4#ab1jjj = xs #bjjg
      tax ye>2 &
    --! transf]or's second 9/al;t base
      am.t ( 4#f1jjj = xs #bjjg tax ye>4
    

                                    #ajb
       ,app5dix #d--,"w%eet #b--     #bc
              ,example #a
    
  ,corpor,n ;,a has e/imat$ xs tax =!
ye> #bjjg at 4#ijj1jjj4 ,! actual taxes
=! ye>s #bjjf & #bjje >e 4#iab1jjj &
4#fj1jjj 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 = #bjjg
    
  ,9/al;t pay;ts >e due ea* mon? ( yr
corpor,n's tax ye>4

  .,add3
,"p ,i tax paya#
  ,op;n #a #bjjg 4#ijj1jjj
  ,op;n #b #bjjf 4#iab1jjj
  ,op;n #c #bjje 4#fj1jjj
,"p ,i4#c tax paya# 99
  ,op;n #a #bjjg 4#----
  ,op;n #b #bjjf 4#----
  ,op;n #c #bjje 4#----
                                    #ajc
              ,app5dix #d           a#bc
,"p ,,vi tax paya#
  ,op;n #a #bjjg 4#----
  ,op;n #b #bjjf 4#----
  ,op;n #c #bjje 4#----
,"p ,,vi4#a tax paya#
  ,op;n #a #bjjg 4#----
  ,op;n #b #bjjf 4#----
  ,op;n #c #bjje 4#----
,"p ,,xiii4#a tax paya#
  ,op;n #a #bjjg 4#----
  ,op;n #b #bjjf 4#----
  ,op;n #c #bjje 4#----
,total ( ,"ps ,i1 ,i4#c1 ,,vi1 ,,vi4#a1
  & ,,xiii4#a tax 9999
  ,op;n #a #bjjg 4#----
  ,op;n #b #bjjf 4#----
  ,op;n #c #bjje 4#----

99 ,"p ,i4#c tax is z]o z ( ,janu>y #a1
  #bjjf4
9999 ,if ! total am.t ( ,"ps ,i1 ,i4#c1
  ,,vi1 ,,vi4#a1 & ,,xiii4#a tax is
  4#a1jjj or less = ei #bjjg or #bjjf1 y
                                    #ajd
              ,app5dix #d           b#bc
  d n h 6make 9/al;t pay;ts on ? am.t =
  #bjjg4

  .,add3
,prov9cial & t]ritorial tax paya# 2f
  refunda# cr$its 999999
  ,op;n #a #bjjg 4#----
  ,op;n #b #bjjf 4#----
  ,op;n #c #bjje 4#----

999999,? am.t is net ( prov9cial &
  t]ritorial non-refunda# cr$its4 ,if !
  prov9cial & t]ritorial tax is 4#a1jjj
  or less = ei #bjjg or #bjjf1 y d n h
  6make 9/al;t pay;ts on ? am.t = #bjjg
  79clude ,new ,brunswick & ,nova
  ,scotia tax on l>ge corpor,ns1 b d n
  9clude prov9cial tax paya# f ,quebec1
  ,ont>io or ,alb]ta74




                                    #aje
              ,app5dix #d           c#bc
,total ( ,"ps ,i1 ,i4#c1 ,,vi1 ,,vi4#a1
  & ,,xiii4#a tax1 z well z prov9cial &
  t]ritorial tax
  ,op;n #a #bjjg 4#----
  ,op;n #b #bjjf 4#----
  ,op;n #c #bjje 4#----

  .,subtract3
,total #bjjg e/imat$ refunda# cr$its
  75t] ! am.t f l9e ;,d ( ,"w%eet #a7
  ,op;n #a #bjjg 4#----
  ,op;n #b #bjjf 4#----
  ,op;n #c #bjje 4#----
,9/al;t base am.t
  ,op;n #a #bjjg 4#ijj1jjj
  ,op;n #b #bjjf 4#iab1jjj
  ,op;n #c #bjje 4#fj1jj
,divide by3
  ,op;n #a #bjjg #ab
  ,op;n #b #bjjf #ab
  ,op;n #c #bjje #ab


                                    #ajf
              ,app5dix #d           d#bc
#ab pay;ts due "u op;ns #a & #b
  ,op;n #a #bjjg 4#ge1jjj
  ,op;n #b #bjjf 4#gf1jjj
  ,op;n #c #bjje %ad$
,f/ #b pay;ts "u op;n #c """"""" 4#e1jjj
,prior-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

                                    #ajg
       ,app5dix #e--,"w%eet #b--     #bd
              ,example #b
    
  ,corpor,n ;,a has e/imat$ xs tax =!
ye> #bjjg at 4#iab1jjj4 ,! actual taxes
=! ye> #bjjf & #bjje >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 = #bjjg
    
  ,9/al;t pay;ts >e due ea* mon? ( yr
corpor,n's tax ye>4

  .,add3
,"p ,i tax paya#
  ,op;n #a #bjjg 4#iab1jjj
  ,op;n #b #bjjf 4#iab1jjj
  ,op;n #c #bjje 4#fj1jjj
,"p ,i4#c tax paya# 99
  ,op;n #a #bjjg 4#----
  ,op;n #b #bjjf 4#----
  ,op;n #c #bjje 4#----
                                    #ajh
              ,app5dix #e           a#bd
,"p ,,vi tax paya#
  ,op;n #a #bjjg 4#----
  ,op;n #b #bjjf 4#----
  ,op;n #c #bjje 4#----
,"p ,,vi4#a tax paya#
  ,op;n #a #bjjg 4#----
  ,op;n #b #bjjf 4#----
  ,op;n #c #bjje 4#----
,"p ,,xiii4#a tax paya#
  ,op;n #a #bjjg 4#----
  ,op;n #b #bjjf 4#----
  ,op;n #c #bjje 4#----
,total ( ,"ps ,i1 ,i4#c1 ,,vi1 ,,vi4#a1
  & ,,xiii4#a tax 9999
  ,op;n #a #bjjg 4#----
  ,op;n #b #bjjf 4#----
  ,op;n #c #bjje 4#----

99 ,"p ,i4#c tax is z]o z ( ,janu>y #a1
  #bjjf4
9999 ,if ! total am.t ( ,"ps ,i1 ,i4#c1
  ,,vi1 ,,vi4#a1 & ,,xiii4#a tax is
  4#a1jjj or less = ei #bjjg or #bjjf1 y
                                    #aji
              ,app5dix #e           b#bd
  d n h 6make 9/al;t pay;ts on ? am.t =
  #bjjg4

  .,add3
,prov9cial & t]ritorial tax paya# 2f
  refunda# cr$its 999999
  ,op;n #a #bjjg 4#----
  ,op;n #b #bjjf 4#----
  ,op;n #c #bjje 4#----

999999 ,? am.t is net ( prov9cial &
  t]ritorial non-refunda# cr$its4 ,if !
  prov9cial & t]ritorial tax is 4#a1jjj
  or less = ei #bjjg or #bjjf1 y d n h
  6make 9/al;t pay;ts on ? am.t = #bjjg
  79clude ,new ,brunswick & ,nova
  ,scotia tax on l>ge corpor,ns1 b d n
  9clude prov9cial tax paya# f ,quebec1
  ,ont>io or ,alb]ta74




                                    #aaj
              ,app5dix #e           c#bd
,total ( ,"ps ,i1 ,i4#c1 ,,vi1 ,,vi4#a1
  & ,,xiii4#a tax1 z well z prov9cial &
  t]ritorial tax
  ,op;n #a #bjjg 4#----
  ,op;n #b #bjjf 4#----
  ,op;n #c #bjje 4#----

  ,subtract3
,total #bjjg e/imat$ refunda# cr$its
  75t] ! am.t f l9e ;,d f ,"w%eet #a7
  ,op;n #a #bjjg 4#----
  ,op;n #b #bjjf 4#----
  ,op;n #c #bjje 4#----
,9/al;t base am.t
  ,op;n #a #bjjg 4#iab1jjj
  ,op;n #b #bjjf 4#iab1jjj
  ,op;n #c #bjje 4#fj1jjj
,divide by3
  ,op;n #a #bjjg #ab
  ,op;n #b #bjjf #ab
  ,op;n #c #bjje #ab


                                    #aaa
              ,app5dix #e           d#bd
#ab pay;ts due "u op;ns #a & #b
  ,op;n #a #bjjg 4#gf1jjj
  ,op;n #b #bjjf 4#gf1jjj
  ,op;n #c #bjje %ad$
,f/ #b pay;ts "u op;n #c """"""" 4#e1jjj
,prior-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



                                    #aab
              ,app5dix #e           e#bd
,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


















                                    #aac