CGDiv-Paid   

Use the keyword CGDiv-Paid to enter the amount of capital gains dividends paid in the period commencing 60 days after the beginning of the taxation year and ending 60 days after the end of the taxation year. Use [Alt-J] to enter different values for other jurisdictions.

RefCap-Trans   

Use the keyword RefCap-Trans to enter the refundable capital gains on hand (RCGTOH) transferred on amalgamation, (for mutual fund and investment corporations). Use [Alt-J] to enter different values for other jurisdictions.

CGRedemption   

Use the keyword CGRedemption to enter amounts for shares, cash, debts, or other property used to determine the capital gains redemptions for the year.

The following options are applicable for the keyword CGRedemption.

Adjustments made to determine capital gains redemptions for the taxation year for purposes of schedule 18 (T2S(18)).

Fair market value of all issued shares

All debts or other obligations owing

Cost of all property

Cash on hand

Redeem-Amt   

Use the keyword Redeem-Amt to enter the amount paid to redeem shares. Use [Alt-J] to enter different values for other jurisdictions.

CGRefundPrOV

CGRefundPrOV, the provincial capital gains refund, is available to investment and mutual fund corporations for all provinces and territories, except Quebec. Quebec allows a deduction from taxable income to these corporations of their taxed capital gains; DT Max will deduct this amount on line 269 of the CO-17 return. The Ontario and Alberta capital gains refunds are claimed on their respective tax returns.

For Newfoundland & Labrador and Manitoba, the capital gains refund as calculated on schedule 18 cannot exceed the lesser of:

- Newfoundland & Labrador or Manitoba tax otherwise payable at lines 209 or 234 respectively, on schedule 5; - the taxed capital gains at line 120 of schedule 18 times the Newfoundland & Labrador or Manitoba income tax rate; - Newfoundland & Labrador or Manitoba taxable income times the Newfoundland & Labrador or Manitoba income tax rate.

The following options are applicable for the keyword CGRefundPrOV.

Newfoundland and Labrador

Newf. and Labrador - offshore

Prince Edward Island

Nova Scotia

Nova Scotia - offshore

New Brunswick

Manitoba

Saskatchewan

Alberta

British Columbia

Yukon

Northwest Territories

Nunavut

ChildCare-Spaces

Use the keyword ChildCare-Spaces to enter the number of child care spaces created in a licensed child care facility.

Startup-Costs

Use the keyword Startup-Costs to enter the amount of specified child care start-up costs from the current tax year.

Assistance.cc

DT Max will deduct assistance received (enter as positive in Assistance.cc) to or add assistance repaid (enter as negative) from the eligible expenditures on the form related to this credit.

ProvCr-Alloc.c

Use the keyword ProvCr-Alloc.c to enter the child care spaces tax credit allocated to the corporation that is a member of a partnership as well as the credit deemed as a remittance of co-op corporations.

The following options are applicable for the keyword ProvCr-Alloc.c.

Sources of provincial tax credits or expenditures allocated to the corporation

Credit allocated from partnership

Choose this option to enter the amount of the current year provincial tax credit earned on expenditures incurred by a partnership to which the corporation belongs.

Credit deemed as remittance of co-op

Amount-CB.c

Use the keyword Amount-CB.c to request a carryback of the child care spaces tax credit earned in the current year.

The corporation may carry back the current-year tax credit earned for a maximum of 3 years.

There are 3 prior year options for the keyword Amount-CB.c.

The following options are applicable for the keyword Amount-CB.c.

Prior years relevant to carryforwards available and other historical items.

1st prior year

2nd prior year

3rd prior year

Credit-OV.c

Use the keyword Credit-OV.c to override the child care spaces tax credit claimed in the current year as calculated by DT Max.

Community-Ent

Use the keyword Community-Ent if the corporation wishes to claim the non-refundable community enterprise tax credit for an eligible investment in emerging enterprises that require larger amounts of investment capital than community ownership can provide. The credit will apply to securities acquired on or after January 1, 2008.

The following options are applicable for the keyword Community-Ent.

Manitoba

Credit-Amt

Use the keyword Credit-Amt to enter the corporation's credit amount from community enterprise investment tax credit receipts.

Cr-Alloc

Use the keyword Cr-Alloc to enter tax credits from CEI tax credit receipts which have been allocated to the corporation.

The amount entered will appear on the provincial tax credit form for purposes of the calculation of the current year tax credit earned.

The following options are applicable for the keyword Cr-Alloc.

Sources of provincial tax credits or expenditures allocated to the corporation

Credit allocated from partnership

Choose this option to enter the amount of the current year provincial tax credit earned on expenditures incurred by a partnership to which the corporation belongs.

Credit allocated from trust

Choose this option to enter the amount of the current year provincial tax credit earned on expenditures incurred by a trust of which the corporation is a beneficiary.

CrUnion-Ded

Use the keyword CrUnion-Ded to specify the source used to calculate the credit union deduction.

The following options are applicable for the keyword CrUnion-Ded.

Types of sources used to calculate the credit union deduction.

Allocations in proportion to borrowing

Choose this option if allocations in proportion to borrowing are defined as meaning an amount that is credited to a member on terms that the member will receive or will be entitled to receive payment of such amount.

Bonus interest payments

Choose this option for bonus interest payments which are essentially extra interest credits on money on deposit with the credit union.

Member-Class

A credit union may deduct all payments (including bonus interest payments) made pursuant to allocations in proportion to borrowing which are paid to its members within the year or within 12 months thereafter. This deduction may only be made to the extent that the payments were not deductible in the immediately preceeding taxation year.

Use the keyword Member-Class to specify the class of members for whom the rate of interest payable in relation to the money borrowed is the same.

Class-Int

Use the keyword Class-Int to enter the amount of interest payable by all members of the class.

TotalFunds

Use the keyword TotalFunds to enter the total amount of borrowing or deposits made by all members of the class.

Allocation

Use the keyword Allocation to enter the amount of the allocation in proportion to borrowing or bonus interest payments for the year.

Tot-Payments

Use the keyword Tot-Payments to enter the total amount of payments made by the credit union to its members in the year.

Max-Cum-Res

Use the keyword Max-Cum-Res to enter the maximum cumulative reserve at the end of the preceeding year. The corporation's maximum cumulative reserve is equal to 5% of amounts owing to members, including members' deposits in the credit union plus 5% of members' share capital in the credit union.

Pref-Rate

Use the keyword Pref-Rate to indicate the corporation's preferred rate at the end of the preceding year, or the preferred rate transferred upon amalgamation or winding up.

The following options are applicable for the keyword Pref-Rate.

Sources of credit union preferred rates.

Filing corp.'s preferred rate - end of prior year

Preferred rate transf. on amalgamation/wind-up

CrUnionDedOV   

The keyword CrUnionDedOV overrides the calculation of the credit union deduction which will appear on the T2 return. Use [Alt-J] to enter different values for other jurisdictions.

Cred-Film

Use the keyword Cred-Film to indicate the type of production (film, video or television) for which a tax credit is claimed.

The following options are applicable for the keyword Cred-Film.

Types of film credits.

Federal Canadian film or video

Choose this option if you wish to file federal schedule 47 (T1131) (Claiming a Canadian film or video production tax credit).

QC film prod. (exp. before & after Dec 31, 2008)

Choose this option if you wish to file Quebec form CO-1029.8.35 (Tax credit for Quebec film or television productions).

QC film prod. (exp. after Dec. 31, 2008)

Choose this option if you wish to file Quebec form CO-1029.8.35 (Tax credit for Quebec film productions).

Production of Quebec performances

Choose this option if you wish to file Quebec form CO-1029.8.36.SM (Tax credit for the production of performances).

Quebec production services

Choose this option if you wish to file Quebec form CO-1029.8.36.SP (Crédit d'impôt pour des services de production cinématographique).

Quebec film dubbing (before March 20, 2009)

Choose this option if you wish to file Quebec CO-1029.8.36.DF form (Tax credit for film dubbing) when the request for a certificate has been presented to the SODEC before March 20, 2009.

Quebec film dubbing (after March 19, 2009)

Choose this option if you wish to file Quebec CO-1029.8.36.DF form (Tax credit for film dubbing) when the request for a certificate has been presented to the SODEC after March 19, 2009.

Newfoundland & Labrador film industry

Nova Scotia film industry

Choose this option if you wish to file Nova Scotia schedule 345 (T2S(345)) (Additional certificate numbers for the Nova Scotia film industry tax credit).

New Brunswick labour incentive film

Choose this option if you wish to file New Brunswick schedule 365 (T2S(365)) (Additional certificate numbers for the New Brunswick labour incentive film tax credit).

Manitoba film and video production

Choose this option if you wish to file Manitoba schedule 382 (T2S(382)) (Additional certificate numbers for the Manitoba film and video production tax credit).

Federal film or video - services

Choose this option if you wish to file federal schedule 48 (T1177) (Claiming a film or video production serivices tax credit).

Ontario computer animation & special effects

Choose this option if you wish to file Ontario schedule 554 (Ontario computer animation and special effects tax credit).

Ontario film and television

Choose this option if you wish to file Ontario schedule 556 (Ontario film and television tax credit).

Ontario production services

Choose this option if you wish to file Ontario schedule 558 (Ontario production services tax credit).

Saskatchewan film employment

Choose this option if you wish to file Saskatchewan schedule 410 (Additional certificate numbers for the Saskatchewan film employment tax credit).

British Columbia production services

Choose this option if you wish to file British Columbia schedule 423 (BC production services tax credit).

British Columbia film and television

Choose this option if you wish to file British Columbia schedule 422 (BC film and television tax credit).

Select

Name.f

Use the keyword Name.f to enter the name of the corporation from the accreditation certificate, if other than the corporation's legal name.

This information will appear on federal schedules 422 and 423.

Title.f

Use the keyword Title.f to enter the title of the production.

Title-Dubbed

Use the keyword Title-Dubbed to enter the title of the dubbed version.

Title-Cert

Use the keyword Title-Cert to enter the title of the production from the accreditation certificate, if other than the actual title of the production.

This information will appear on federal schedules 422 and 423.

Begin-Date

Use the keyword Begin-Date to enter the date production started, that is the date when principal filming or taping began.

Film-Number

Use the keyword Film-Number to enter the CAVCO film identification number. Enter only the five last digits.

Certificate

Use the keyword Certificate to enter the certificate number. If the production is a series of episodes, use the keywords Range-Start and Range-End to enter the range of certificate numbers.

OCASE-Estim-Cr

Use the keyword OCASE-Estim-Cr to enter the estimated Ontario computer animation and special effects tax credit for this production.

Estim-Product

Use the keyword Estim-Product to enter the estimated production costs, qualifying Ontario labour expenditure and Ontario film and television tax credit (OFTTC) for this production.

The following options are applicable for the keyword Estim-Product.

Estimated values pertaining to the eligible production.

Estimated production costs

Estimated qualifying labour expenditure

Estimated tax credit for the production

Prod-Complete

Prod-Complete whether production was completed in tax yr

The following options are applicable for the keyword Prod-Complete.

Yes

No

Range-Start

Use the keyword Range-Start to enter the certificate number at the beginning of the range.

Range-End

Use the keyword Range-End to enter the certificate number at the end of the range.

Prov-Film

Use the keyword Prov-Film to enter the amount of the provicial film tax credit indicated on the relevant film certificate. This represents the amount of film tax credit that will be claimed for the taxation year.

Ruling

Use the keyword Ruling to select the type of film production for purposes of the Quebec tax credit.

The following options are applicable for the keyword Ruling.

Eligible for improved assistance for French productions

Eligible for improved assistance for giant-screen films

Other film productions

Eligible production

Eligible low budget production

Production

Use the keyword Production to specify the type of production. DT Max will tick the relevant boxes.

The following options are applicable for the keyword Production.

Canadian (interprovincial) co-production

Choose this option if the production is a Canadian co-production. In that case, specify what portion of the costs is attributable to your corporation in parts 3 and 4 of schedule 47 (T1131).

Treaty co-production

Choose this option if the production is a co-production provided for pursuant to a treaty. In that case, specify what portion of the costs is attributable to your corporation in parts 3 and 4 of schedule 47 (T1131).

Co-owned by prescribed person

Choose this option if the production is co-owned by a prescribed person. In that case, specify what portion of the costs is attributable to your corporation in parts 3 and 4 of schedule 47 (T1131).

Completion certificate

First-time production

Receives regional bonus

Cost

Use the keyword Cost to enter the production cost at the end of the taxation year.

Production-Date

Use the keyword Production-Date to enter dates respecting the Canadian film or video production for purposes of federal schedule 47.

The following options are applicable for the keyword Production-Date.

Commencement time of film or video production

Date production completed

Date principal photography started

Date first script labour expenses incurred

Date production rights acquired

Two years before principal photography started

Date first performance in front of audience

Production-Period

Use the keyword Production-Period to indicate the period for which the corporation is claiming the tax credit.

The following options are applicable for the keyword Production-Period.

Production period

Preproduction until end of first complete year

Second complete year

Third complete year

Prod-StartDate

Use the keyword Prod-StartDate to indicate the start date of the eligibility period or periods for which the corporation is claiming the tax credit.

The following options are applicable for the keyword Prod-StartDate.

Start date of the eligibility period or periods

Started/first performance before 20/03/09

Started later than 19/03/09 and first perf. after 19/03/09

Started after 19/03/09

Wages-Employees

Use the keyword Wages-Employees to enter the eligible salaries of actual deemed residents and residents of Manitoba.

The following options are applicable for the keyword Wages-Employees.

Labour costs excluding marketing, promotion, legal and accounting costs.

Salaries paid to Man. resident employees

Salaries paid to all employees

NameParent

Use the keyword NameParent to enter the name of the parent corporation (only if a repayment has been entered).

BN-Parent

Use the keyword BN-Parent to enter the business number of the parent corporation (only if a repayment has been entered).

Labour-Exp.f

Use the keyword Labour-Exp.f to indicate the type of labour expenditures that were incurred in the year.

The following options are applicable for the keyword Labour-Exp.f.

Types of labour expenditures incurred

Labour expenditures before February 19, 2003

Labour expenditures after February 18, 2003

Qualified labour expenditures

Qualified labour expenditures - Quebec

Qualified labour expenditures - (before Jan 1, 2009)

Qualified labour expenditures - (after Dec. 31, 2008)

Qualified labour expenditures (Quebec)

Qualified labour exp. - Quebec

Qualified labour expenditures - Ontario

Qualified labour expenditures - Manitoba

Qual. labour expenditures before Jan. 1, 2008

Qual. labour expenditures in 2008 and 2009

Qual. labour expenditures after Dec. 31, 2009

Qualified labour expenditures before Jan. 1, 2008

Qualified labour expenditures in 2008 & 2009

Qualified labour expenditures after Dec. 31, 2009

Qualified labour expenditures - animation

Qual. exp. for services rendered outside Mtl

Qual. exp. for special effects and animation

Qual. exp. for special effects & animation (Quebec)

Qualified film dubbing expenditures

Date-FirstExp

Use the keyword Date-FirstExp to enter the date of the earliest labour expenditures in order to determine the applicable tax credit calculation on federal schedule 47.

Election.f

Use the keyword Election.f if the corporation elects to apply the rules in effect on or after November 14, 2003.

This election must be made no later than the filing due date for the corporation's tax year that includes November 14, 2003.

The following options are applicable for the keyword Election.f.

Yes

No

Salaries&Wages

Use the keyword Salaries&Wages to enter the salaries or wages paid by the corporation to its employees for eligible dubbing services rendered in Quebec.

The following options are applicable for the keyword Salaries&Wages.

Eligible dubbing services rendered in Quebec.

Performance of actors

Adaptation

Detection

Calligraphy/grid/typing

Stage management

Production of film titles

Optical transfer

Consid-Paid

Use the keyword Consid-Paid to enter the consideration paid by the corporation to a partnership, or to a person who is not an employee, for eligible dubbing services rendered in Quebec.

The following options are applicable for the keyword Consid-Paid.

Eligible dubbing services rendered in Quebec.

Performance of actors

Adaptation

Detection

Calligraphy/grid/typing

Stage management

Production of film titles

Optical transfer

BonusRate

Use the keyword BonusRate to indicate whether or not a 10% bonus rate applies to certain eligible property that has not benefitted from financial assistance granted by certain governement agencies.

The following options are applicable for the keyword BonusRate.

Yes

No

Assistance

Use the keyword Assistance to enter the amount of assistance received.

The following options are applicable for the keyword Assistance.

Government or non government assistance

Enter the amount of government or non government assistance received.

Assistance attributable to labour expenditures

Assistance not directly attributable to labour expenditures

Canadian film or video production tax credit

Ontario refundable tax credits

Gov. / non gov. assistance related to production costs

Benefit or advantage related to production costs

Performance of actors - salaries

Adaptation - salaries

Detection - salaries

Calligraphy/grid/typing - salaries

Stage management - salaries

Production of film titles - salaries

Optical transfer - salaries

Performance of actors - consideration

Adaptation - consideration

Detection - consideration

Calligraphy/grid/typing - consideration

Stage management - consideration

Production of film titles - consideration

Optical transfer - consideration

Assistance, benefit or advantage - salaries

Assistance, benefit or advantage - compens. to individuals

Assistance - Comp. to QC corp. offering services from ind.

Assistance, benefit or advantage - compens. to corp

Assistance, benefit or advantage - compens. to partnership

Assistance, benefit or advantage - cost

Assistance, benefit - refund from subsid. to parent comp.

Salaries

Use the keyword Salaries to enter the salaries and wages paid.

The following options are applicable for the keyword Salaries.

Salaries/wages directly attrib. to production

Remuneration

Use the keyword Remuneration to enter amounts for other remuneration directly attributable to the production.

The following options are applicable for the keyword Remuneration.

Remuneration paid to individuals

Remuneration paid to corporations

Remuneration paid to partnerships

Remuneration paid to corporations - Canadian resident

Remun. paid to Qc corp. offering services of individual

Prod-Expenses

Use the keyword Prod-Expenses to enter the production costs directly attributable to the production of the property, incurred and paid in the year.

The following options are applicable for the keyword Prod-Expenses.

Prod. costs other than for acquisition of property

Prod. costs related to the acquisition of property

Elig. salaries of deemed residents of MB (all prod. yrs)

Elig. salaries of MB residents (all prod. yrs)

Rate-LabourCap

Use the keyword Rate-LabourCap to enter the rate of the deemed labour cap that is specified on the Certificate of Completion.

Repayment

Use the keyword Repayment to enter the amount and type of repayment.

The following options are applicable for the keyword Repayment.

Made by wholly-owned subsid. to a parent corp.

Enter the amount repaid by a wholly-owned subsidiary to a parent corporation.

Government & non government assistance (Que.)

Enter the amount of government or non government assistance repaid by the corporation.

Government/non government assist. (exp. before Jan 1, 2009)

Government/non government assist. (exp. after Dec 31, 2008)

Amounts repaid under a legal obligation

Enter the amount of assistance repaid under a legal obligation. This information is used on federal schedule 558.

Expense parent received by wholly-owned subsid.

Consid-Rec

Use the keyword Consid-Rec to enter the consideration received during the year or during a previous year for carrying out a film dubbing contract.

Prev-Yr-Info

Use the keyword Prev-Yr-Info to enter the information pertaining to previous years.

The following options are applicable for the keyword Prev-Yr-Info.

Film dubbing expenditures - previous years

Enter the amount of film dubbing expenditures for all previous taxation years. DT Max will report that amount on line 54 of form CO-1029.8.36.DF.

Qualified film dubbing expenditures - prev. years

Enter the amount of qualified film dubbing expenditures for all previous taxation years. DT Max will report that amount on line 60 of form CO-1029.8.36.DF.

Labour expenditures - previous years

Enter the amount of labour expenditures for all previous taxation years.

Labour expenditures - prev. yrs

Qualified labour expenditures - all prev. years

Enter the amount of qualified labour expenditures for all previous taxation years.

Qual. labour exp. - prev. yrs

Special tax payable (part III.1) - prev. years

Enter the amount of special tax payable for a previous taxation year.

Repayment of gov./non gov. assist. - prev. years

Enter the amount of repayment of government or non government assistance for a previous taxation year.

Repayment of gov./non gov. assist. - previous year

Repayment assistance - prev. yrs

Gov./non gov. ass. not used to reduce exp.

Enter the amount of government or non government assistance allocated to labour expenditures, for a previous taxation year, which has not helped reduce the expenditure for that year.

Assist. not used to reduce exp. (exp. before Jan 1, 2009)

Assist. not used to reduce exp. (exp. after Dec. 31, 2008)

Benefit or advantage not used to reduce exp.

Benefit not used to reduce exp. (exp. before Jan 1, 2009)

Benefit not used to reduce exp. (exp. after Dec. 31, 2008)

Gov./non gov. ass. not used to reduce cost

Benefit or advantage not used to reduce cost

Labour expenditures - previous year

Qualified labour expenditures - previous year

Cumulated production costs

Special tax on prior year assistance

Special tax on prior year benefit or advantage

Tax credit from previous years

SpecialTaxFactor

If the amount of special tax is related to a qualified labour expenditure incurred - before December 31, 2004, DT Max will use a factor of 11 ; - after December 31, 2004 and before December 21, 2007, DT Max will use a factor of 20 ; - after December 20, 2007, DT Max will use a factor of 25.

This information is for purposes of line 38 on Quebec form CO-1029.8.36.SP.

The following options are applicable for the keyword SpecialTaxFactor.

Special tax factor

Before December 31, 2004 (Factor 11)

After Dec. 31, 2004 & before Dec. 21, 2007 (Factor 20)

After December 20, 2007 (Factor 25)

SpecialTax-Factor

If the corporation paid a special tax, use the keyword SpecialTax-Factor to enter the multiplication factor.

Transfer

Use the keyword Transfer to enter the amount which the corporation transferred, pursuant to the terms of a reimbursement agreement, to a wholly-owned subsidiary claiming the amount as a labour expenditure.

Renunciation

Use the keyword Renunciation to enter the portion of the tax credit for Quebec film or television productions which the corporation has renounced.

Credit-Types

Use the keyword Credit-Types to indicate the type of film tax credit that the corporation is claiming.

The following options are applicable for the keyword Credit-Types.

Types of film and television tax credits

Basic tax credit (BTC)

Additional production services tax credit

Regional tax credit (RTC)

Distant location regional tax credit

Training tax credit (TTC)

Regional production tax credit

Distant location prod. services tax cr.

Basic tax credit

Frequent filming bonus tax credit

Rural bonus tax credit

Producer bonus tax credit

Inter-Prov

For interprovincial co-productions, use the keyword Inter-Prov to enter the percentage of the copyright beneficially owned by the corporation.

If it is not an interprovincial co-production, enter 100%.

Episodic-Prod

Use the keyword Episodic-Prod to enter the total amount of accredited qualified BC labour expenditures for the specific episodes.

Amount.bc

Use the keyword Amount.bc to enter the amount of qualified British Columbia labour expenditures for purposes of the regional production services tax credit or additional production services tax credit.

This information is required on federal schedule 423.

Episode-Nq

Use the keyword Episode-Nq to enter the B.C. labour relating to non qualifying episodes that are intended for television broadcast.

There must be a minimum of three qualifying episodes in a cycle in which 85% of the principal photography is done in British Columbia outside of the designated Vancouver area. Only qualifying episodes are eligible for the regional tax credit.

Days-Photo

Use the keyword Days-Photo to enter the total number of days of principal photography in British Columbia outside of the designated Vancouver area, as well as the total number of days of principal production in B.C.

The following options are applicable for the keyword Days-Photo.

Number of days of principal photography

Days in B.C. outside desig. Vancouver area

Days in B.C. in a distant location

Days in B.C.

BC-Train

Use the keyword BC-Train to enter B.C. labour expenditures paid to B.C.-based individuals in an approved training program.

BC-Assist

Use the keyword BC-Assist to enter any assistance or reimbursement for the training program.

Rate-Credit

Use the keyword Rate-Credit to enter the rate of credit specified on the Advance Certificate of Eligibility or the Certificate of Completion.

EligLabour-%

Use the keyword EligLabour-% to enter the percentage of eligible hours specified on the Advance Certificate of Eligibility or the Certificate of Completion for purposes of the frequent filming bonus tax credit.

CoProd-Share

Use the keyword CoProd-Share to enter the percentage of the production costs of the property that is attributable to the corporation with respect to the co-production.

Direct-Equity

Use the keyword Direct-Equity to enter information relating to the Newfoundland and Labrador direct equity tax credit.

The following options are applicable for the keyword Direct-Equity.

Newfoundland and Labrador

Cred-Amount

Use the keyword Cred-Amount to enter the receipt number as well as the actual amount of the direct equity tax credit.

Trans-Amalg

Use the keyword Trans-Amalg to enter the credit that has been transferred to the corporation following an amalgamation or wind-up of a subsidiary.

Amount-CF.d

Use the keyword Amount-CF.d to enter the amount of the direct equity tax credit to carry forward into the current year and earned in the particular year of reference.

The corporation may carry forward the tax credit for a maximum of 7 years.

There are 8 prior year options for the keyword Amount-CF.d.

The following options are applicable for the keyword Amount-CF.d.

Prior years relevant to carryforwards available and other historical items.

1st prior year

2nd prior year

3rd prior year

4th prior year

5th prior year

6th prior year

7th prior year

8th prior year

Amount-CB.d

Use the keyword Amount-CB.d to request a carryback of a current year direct equity tax credit earned.

The corporation may carry back the current year tax credit earned for a maximum of 3 years.

There are 3 prior year options for the keyword Amount-CB.d.

The following options are applicable for the keyword Amount-CB.d.

Prior years relevant to carryforwards available and other historical items.

1st prior year

2nd prior year

3rd prior year

Credit-OV

Use the keyword Credit-OV to override the credit claimed in the current year as calculated by DT Max.

Employment

Use the keyword Employment to indicate which type of employment credit you wish to claim.

The following options are applicable for the keyword Employment.

Types of employment tax credits that may be claimed

Federal apprenticeship job creation tax credit

Choose this option if, after May 1, 2006, you paid salaries to apprentices in the first 24 months of their apprenticeship contract.

British Columbia training tax credit

Choose this option if you paid salary or wages after December 31, 2006, to an employee enrolled in a prescribed training program administered through the British Columbia Industry Training Authority. This will provide a refundable tax credit to employers.

Ontario apprenticeship training tax credit

This refundable tax credit applies to qualifying expenditures incurred after May 18, 2004, in hiring eligible apprentices in qualifying skilled trades in Ontario.

Ontario co-operative education tax credit

This tax credit is for co-operative work placements commencing after July 31, 1996, and leading edge technology work placements commencing after December 31, 1997. A work placement is generally considered to be a full-time work assignment for up to 4 months in duration.

Manitoba co-op education non-refund cr. (before 07/03/06)

Choose this option to enter a credit for a work placement that ended before March 7, 2006. This credit is not refundable and can be carried forward 10 years and carried back 3 years.

Manitoba co-op education refund cr. (after 06/03/06)

Choose this option to enter a credit for a work placement that ended after March 6, 2006. This credit earned is refundable and cannot be carried back or carried forward.

Nunavut business training tax credit

New business training tax credit allows eligible Nunavut employers to claim a tax credit for training Nunavut employees of 30 to 50 per cent, if the employees being trained are beneficiaries of the Nunavut Land Claims Agreement.

Credit-Type

Use the keyword Credit-Type to choose the type of B.C. training tax credit that applies to the apprentice.

The following options are applicable for the keyword Credit-Type.

Main elements to the B.C. training tax credits.

Basic credit

B.C.'s basic credits will complement the Government of Canada's incentive for training. It will provide similar incentives to the 79 B.C.-recognized (non-Red Seal) apprenticeship programs not currently eligible for the federal incentives.

Completion credit

B.C.'s completion credits will apply to both Red-Seal and non-red Seal apprenticeship training programs and provide further benefits tied to the completion of higher training levels.

Enhanced credit

To encourage greater participation in trades training in respect to First Nations individuals or persons with disabilities, employer tax credits will be 50 per cent higher than they would otherwise receive.

Level.c

Use the keyword Level.c to indicate the level of completion of the apprenticeship program.

The following options are applicable for the keyword Level.c.

Prescribed eligible programs.

First 24 months (Red Seal)

First 24 months (non-Red Seal)

Completion of level 3

Completion of level 4 or higher

Registration.c

Use the keyword Registration.c to enter the registration number provided by B.C. Industry Training Authority (ITA). If there is no registration number, enter the social insurance number (SIN) or the name of the employee.

Program.c

Use the keyword Program.c to enter the name of the Red-seal or non-Red seal program that the employee is enrolled in.

The Red Seal programs follow national standards for content, assessment and achievement while non-Red Seal training follows provincial standards.

Program.cr

Use the keyword Program.cr to enter the name of the Red-seal program that the employee is enrolled in.

The Red Seal programs follow national standards for content, assessment and achievement.

Salaries.c

Use the keyword Salaries.c to enter the salaries and wages payable for employment after December 31, 2006 for each apprentice. The salaries and wages are net of any other government or non-government assistance received or to be received.

Partner-Name.e

Enter the name of the partnership using the keyword Partner-Name.e, for purposes of the Schedule 490, Schedule 550 and Schedule 552. The same name must also be entered in the keyword Name.re within the RelatedParty group in order to allow entry of other data pertaining to the partnership.

University.e

Use the keyword University.e to enter the name of the university, college, or other eligible educational institution where the student is enrolled in a qualifying education program.

Ed-Program.e

Use the keyword Ed-Program.e to enter the name of the qualifying co-operative education program in which the student is enrolled.

Name-Student.e

Use the keyword Name-Student.e to enter the first name and last name of the individual enrolled in a qualifying education program.

Work-Start.e

Use the keyword Work-Start.e to enter the start date of the work term of the student enrolled in a qualifying education program. A work term cannot exceed four months in duration.

Work-End.e

Use the keyword Work-End.e to enter the end date of the work term of the student enrolled in a qualifying education program.

Weeks.e

Use the keyword Weeks.e to enter the number of consecutive weeks of the qualifying work placement completed by the student before March 27, 2009 and after March 26, 2009.

The following options are applicable for the keyword Weeks.e.

Number of consecutive weeks of the qualifying work placement

Elig-Costs.e

Use the keyword Elig-Costs.e to enter the amount of eligible cost of work placement of the student enrolled in a qualifying education program.

The following options are applicable for the keyword Elig-Costs.e.

Eligible expenditures incurred by a corporation

Cr-AssistRepaid

Use the keyword Cr-AssistRepaid to enter the amount of government assistance multiplied by the eligible percentage for the tax year in which the assistance was received.

Trade-Code

Use the keyword Trade-Code to enter the trade code of the apprenticeship that would qualify for the apprenticeship training tax credit.

Employers can find their apprenticeship trade code on their Contract of Apprenticeship/Training Agreement.

Ed-Program

Use the keyword Ed-Program to enter the name of the qualifying education program in which the student is enrolled.

Sole-Claimer

If the corporation is a related corporation, use the keyword Sole-Claimer to indicate whether it has been agreed that the corporation is the only employer that will be claiming the apprenticeship job creation tax credit for the current tax year for the aprrentices listed.

The following options are applicable for the keyword Sole-Claimer.

Yes

No

First-Name.e

Use the keyword First-Name.e to enter the first name of the individual enrolled in a qualifying education program.

Last-Name.e

Use the keyword Last-Name.e to enter the last name of the individual enrolled in a qualifying education program.

Contract-Date

Use the keyword Contract-Date to enter the registration date of the apprenticeship contract or training agreement.

Agreement-Num

Use the keyword Agreement-Num to enter the number shown on the Contract of Apprenticeship/Training Agreement.

ContractNum

Use the keyword ContractNum to enter the apprenticeship contract number registered with Canada, or a province or territory. If there is no contract number, enter the social insurance number (SIN) or the name of the eligible apprentice.

Code.e

Use the keyword Code.e to enter the Red Seal code of the apprenticeship that would qualify for the apprenticeship job creation tax credit.

Salaries.e

Use the keyword Salaries.e to enter the salaries and wages paid after May 1, 2006 for each apprentice.

Work-Start

Use the keyword Work-Start to enter the start of the work term of the student enrolled in a qualifying education program. A work term cannot exceed four months in duration.

Work-End

Use the keyword Work-End to enter the end of the work term of the student enrolled in a qualifying education program.

Days-Employ

Use the keyword Days-Employ to enter the number of days the apprentice was employed during the taxation year.

The following options are applicable for the keyword Days-Employ.

Eligible expenditures incurred by a corporation

Eligible expenditures before March 27, 2009

Eligible expenditures after March 26, 2009

Elig-Costs

Use the keyword Elig-Costs to enter the amount of eligible cost of work placement of the student enrolled in a qualifying education program.

The following options are applicable for the keyword Elig-Costs.

Eligible expenditures incurred by a corporation

Eligible expenditures before March 27, 2009

Eligible expenditures after March 26, 2009

Assist-Repaid

Use the keyword Assist-Repaid to enter the amount of government assistance multiplied by the specified percentage for the tax year in which the assistance was received.

CurrYr-Credit

Use the keyword CurrYr-Credit to enter the serial number (format NNNNNNNAA) of the completed work placement form and the Manitoba co-operative education tax credit amount earned in the current taxation year.

TransAmalg

Use the keyword TransAmalg to enter the credit transferred to the corporation upon amalgamation or wind-up of a subsidiary.

ProvCr-Alloc.e

Use the keyword ProvCr-Alloc.e to enter the apprenticeship job creation tax credit allocated to the corporation that is a member of a partnership as well as the credit deemed as a remittance of co-op corporations.

The following options are applicable for the keyword ProvCr-Alloc.e.

Sources of provincial tax credits or expenditures allocated to the corporation

Credit allocated from partnership

Choose this option to enter the amount of the current year provincial tax credit earned on expenditures incurred by a partnership to which the corporation belongs.

Credit deemed as remittance of co-op

Amount-CF.e

Use the keyword Amount-CF.e to enter the amount of the co-operative education tax credit to carry forward into the current year and the year in which the credit originated.

The corporation may carry forward the tax credit for a maximum of 10 years.

The following options are applicable for the keyword Amount-CF.e.

Prior years relevant to carryforwards available and other historical items.

1st prior year

2nd prior year

3rd prior year

4th prior year

5th prior year

6th prior year

7th prior year

8th prior year

9th prior year

10th prior year

11th prior year

Amount-CB.e

Use the keyword Amount-CB.e to request a carryback of the co-operative education tax credit earned in the current year.

The corporation may carry back the current-year tax credit earned for a maximum of 3 years.

There are 3 prior year options for the keyword Amount-CB.e.

The following options are applicable for the keyword Amount-CB.e.

Prior years relevant to carryforwards available and other historical items.

1st prior year

2nd prior year

3rd prior year

Cert-Num.e

Use the keyword Cert-Num.e to enter the Nunavut business training tax credit certificate number.

BTTC-Cert

Use the keyword BTTC-Cert to indicate the amount of the maximum business training tax credit (BTTC) to which the eligible employer is entitled.

TrainingExp

Use the keyword TrainingExp to enter the total amount of an eligible employer's business training expenses.

The following options are applicable for the keyword TrainingExp.

Business training expenses

Total business training expenses

Portion of exp. for employees under NU Land Agreement

Credit-OV.e

Use the keyword Credit-OV.e to override the co-operative education tax credit claimed in the current year as calculated by DT Max.

ForCountry

Use ForCountry to enter total foreign income, foreign tax credits for the current year or carried forward, limits on foreign tax credits, Fed ITA sect. 20(12) foreign tax deduction, sect. 110.5 foreign tax addition and foreign tax credits carried back which relate to the country specified here.

NetIncOV-For   

NetIncOV-For will override the total net income (business or non business) for the specified country on schedule 21 (T2S(21)).

The following options are applicable for the keyword NetIncOV-For.

Types of foreign income and tax credits subject to different tax treatments federally (business and non business) and provincially (non business only).

Business

Other

ForTaxCrLim   

Use FORTAXCRLIM to limit the foreign tax credit (business or non business) to be claimed for this country. DT Max will claim the lesser of the limit entered and the maximum allowable credit calculated on schedule 21 (T2S(21)).

The following options are applicable for the keyword ForTaxCrLim.

Types of foreign income and tax credits subject to different tax treatments federally (business and non business) and provincially (non business only).

Business

Other

For20(12)Lim   

Use FOR20(12)LIM to limit the Fed ITA sect. 20(12) foreign non business tax deduction to be claimed for this country. DT Max will claim the lesser of the limit entered and the maximum allowable claim as calculated by DT Max and described below.

DT Max will otherwise optimize the 20(12) deduction as the difference between foreign taxes paid and the maximum allowable foreign tax credit. Use [Alt-J] to enter different values for other jurisdictions.

For110-5Lim   

FOR110-5LIM allows you to limit the Fed ITA 110.5 addition to taxable income for this country. DT Max will add the lesser of the limit entered and the maximum allowable addition as calculated by DT Max and described below.

If FOR110-5LIM is not used, DT Max will optimize the addition if the corporation is in a loss situation by adding an amount which is sufficient to allow the corporation to take advantage of the foreign tax credits available, as follows:

    the lesser of:  i)  total Foreign income and
                   ii)  total Foreign taxes / effective Federal tax rate

The amount added to taxable income is added to the corporation's current year non capital loss on schedule 4 (T2S(4)- non).

The same amount added federally must also be added to Ontario and Alberta taxable income; Quebec allows a different amount to be added, if any. However, for taxation years ending after 1992, no Quebec foreign tax addition is allowed; instead, the unused foreign non business tax credit can be carried forward seven years. Use [Alt-J] to enter different values for other jurisdictions.

ForBusCB

Use FORBUSCB to indicate that the current year foreign business tax credit is being carried back. The amount carried back will appear on schedule 21 (T2S(21)) for this country.

The following options are applicable for the keyword ForBusCB.

Prior years relevant to carryforwards available and other historical items.

1st prior year

2nd prior year

3rd prior year

ForInvCB

Use FORINVCB to indicate that the current year foreign non business tax credit is being carried back. The amount carried back will appear on the CO-17S.39-Supp schedule of carryforwards for this country. The carryback must be requested separately by amending the prior year return or requesting its amendment.

The following options are applicable for the keyword ForInvCB.

Prior years relevant to carryforwards available and other historical items.

1st prior year

2nd prior year

3rd prior year

ForBusCF

Enter all foreign business tax credits carried forward for this country in FORBUSCF. DT Max will print these amounts on schedule 21-Supp (T2S(21)-Supp). When the current year foreign business tax credit is calculated, these credits will be used.

The following options are applicable for the keyword ForBusCF.

Prior years relevant to carryforwards available and other historical items.

1st prior year

2nd prior year

3rd prior year

4th prior year

5th prior year

6th prior year

7th prior year

8th prior year

9th prior year

10th prior year

ForInvCF

Quebec allows carryforwards of foreign non business tax credits. Enter all such tax credits carried forward for this country in FORINVCF. DT Max will print these amounts on the CO-17S.39-Supp schedule. The credit carried forward which can be used this year is calculated separately from the current year credit on the CO-776.1.5.6 form.

The following options are applicable for the keyword ForInvCF.

Prior years relevant to carryforwards available and other historical items.

1st prior year

2nd prior year

3rd prior year

4th prior year

5th prior year

6th prior year

7th prior year

For-Transf

Use the keyword For-Transf to enter the amount of foreign tax credits transferred from amalgamation or wind-up of subsidiary.

ForTaxProv

Use the keyword ForTaxProv to enter the amount of provincial foreign tax credits.

The following options are applicable for the keyword ForTaxProv.

Federal

Newfoundland and Labrador

Newf. and Labrador - offshore

Prince Edward Island

Nova Scotia

Nova Scotia - offshore

New Brunswick

Quebec

Ontario

Manitoba

Saskatchewan

Alberta

British Columbia

Yukon

Northwest Territories

Nunavut

Other (specify)

Mine-Refund

Use Mine-Refund to enter the mining reclamation tax credit refund / qualifying environmetal trust tax credit allowed to the corporation.

The following options are applicable for the keyword Mine-Refund.

Ontario

Saskatchewan

British Columbia

Mining

Use the keyword Mining to indicate whether or not the corporation is claiming a mining exploration tax credit.

The following options are applicable for the keyword Mining.

Federal

British Columbia

Mine-Cert

Use the keyword Mine-Cert to enter the miner certificate number.

Mineral

Use the keyword Mineral to enter the types of minerals for which exploration has taken place.

Proj-Name

Use the keyword Proj-Name to enter the name of the project associated with the qualified mining exploration expenses reported.

Mine-Title

Use the keyword Mine-Title to enter the mineral title of the qualified mining exploration expense reported.

Mine-Div

Use the keyword Mine-Div to enter the mining division of the qualified mining exploration expense reported.

ProvCr-Alloc.m   

Use the keyword ProvCr-Alloc.m to enter the mining exploration tax credit allocated to the corporation that is a member of a partnership.

The amount entered will appear on federal schedule 421.

The following options are applicable for the keyword ProvCr-Alloc.m.

Sources of provincial tax credits or expenditures allocated to the corporation

Credit allocated from partnership

Choose this option to enter the amount of the current year provincial tax credit earned on expenditures incurred by a partnership to which the corporation belongs.

Credit deemed as remittance of co-op

Expenses.m

Use the keyword Expenses.m to specify the period during which mining expenses were incurred.

The following options are applicable for the keyword Expenses.m.

After 2004

Before February 21, 2007

After February 20, 2007 (prescribed areas)

After February 20, 2007 (outside prescribed areas)

Mining-Exp

Use the keyword Mining-Exp to indicate the category and amount of qualified mining exploration expenses.

The following options are applicable for the keyword Mining-Exp.

Types of qualified mining exploration expenses

Prospecting

Geological, geophysical, or geochemical surveys

Drilling by rotary, diamond, percussion, or other

Trenching, digging test pit, preliminary sampling

Clearing, removing overburden, stripping

Sinking a mine shaft, constructing an adit, other

Other (specify)

Assist-Mine

Use the keyword Assist-Mine to enter as a positive value the total amount of all assistance (grants, subsidies, rebates, and forgivable loans) or reimbursements that the corporation has received or is entitled to.

Also use this keyword to enter as a negative value the total amount of assistance repaid.

Mine-ITC-CB

Use the keyword Mine-ITC-CB to carry back to prior years the credit from pre-production mining expenditures.

This is required for purposes of schedule 31.

There are 3 prior year options for the keyword Mine-ITC-CB.

The following options are applicable for the keyword Mine-ITC-CB.

Prior years relevant to carryforwards available and other historical items.

1st prior year

2nd prior year

3rd prior year

OdourControl

Use the keyword OdourControl to enter information relating to federal schedule 385 (Manitoba odour control tax credit).

The following options are applicable for the keyword OdourControl.

Provincial credits which the corporation can claim.

Manitoba odour control tax credit

Amount-Exp

An eligible expenditure refers to the capital cost of a depreciable capital property (e.g lagoon covers, straw cannons and fitters) acquired by the corporation after April 19, 2004, and before 2007, primarily for the purpose of preventing, reducing or eliminating odour that arises from organic waste used or created in the course of its business in Manitoba.

Use the keyword Amount-Exp to enter the eligible expenditures of the corporation for purposes of federal schedule 385.

EligExp-Alloc

Use the keyword EligExp-Alloc to enter the corporation's share of the eligible expenditures that have been allocated.

The following options are applicable for the keyword EligExp-Alloc.

Sources of provincial tax credits or expenditures allocated to the corporation

Elig. expenditures allocated from partnership

Choose this option to enter the corporation's share of the eligible expenditures allocated from a partnership.

Elig. expenditures allocated from trust

Choose this option to enter the corporation's share of the eligible expenditures allocated from a trust.

Transf-Amalg

Use the keyword Transf-Amalg to enter the credit transferred to the corporation upon amalgamation or wind-up of a subsidiary.

Amount-CF.o

Use the keyword Amount-CF.o to enter the amount of the odour control tax credit to carry forward into the current year and the year in which the credit originated.

The corporation may carry forward the tax credit for a maximum of 10 years.

The following options are applicable for the keyword Amount-CF.o.

Prior years relevant to carryforwards available and other historical items.

1st prior year

2nd prior year

3rd prior year

4th prior year

5th prior year

6th prior year

7th prior year

8th prior year

9th prior year

10th prior year

11th prior year

Amount-CB.o

Use the keyword Amount-CB.o to request a carryback of an odour control tax credit earned in the current year.

The corporation may carry back the current-year tax credit earned for a maximum of 3 years.

There are 3 prior year options for the keyword Amount-CB.o.

The following options are applicable for the keyword Amount-CB.o.

Prior years relevant to carryforwards available and other historical items.

1st prior year

2nd prior year

3rd prior year

PropertyTaxes

Use the keyword PropertyTaxes to enter the property taxes net of government assistance, paid on Manitoba farmland, used by the corporation in the business of farming, for the calendar year ending within a tax year after March 6, 2006.

Credit-OV.o

Use the keyword Credit-OV.o to override the odour control tax credit claimed in the current year as calculated by DT Max.

Ont-Transition

Use the keyword Ont-Transition to enter information relating to the Ontario transitional tax debits and credits calculation found on federal schedule 506.

The following options are applicable for the keyword Ont-Transition.

Provincial credits which the corporation can claim.

Transitional tax debits and credits

Use this option if you are a specified corporation that is subject to the Ontario transitional tax debit or claiming the Ontario transitional tax credit.

Credit-CF

Use the keyword Credit-CF to enter the unused transitional tax credit carried forward from the previous year (amount from line 580 of the previous year.

Cr-Transf-CF

Use the keyword Cr-Transf-CF to enter the unused transitional tax credit transferred from a predecessor corporation or a subsidiary on an eligible amalgamation or an eligible post-2008 windup.

Fed-Balance.o

Use the keyword Fed-Balance.o to enter the components of a corporation's total federal balance.

The following options are applicable for the keyword Fed-Balance.o.

UCC open from fed. Sch. 8 (override)

Charitable donations CF from fed. Sch. 2 (override)

Gifts to Canada/province CF from fed. Sch. 2 (override)

Gifts of cultural prop. CF from fed. Sch 2 (override)

Gifts of ecological prop. CF from fed. Sch 2 (override)

Gifts of medicine CF from fed. Sch 2 (override)

CEC open from fed. Sch. 10 (override)

SR&ED exp. pool CF from fed. Sch. 32 (override)

Cdn exploration exp. CF from fed. Sch. 12 (override)

Cdn development exp. CF from fed. Sch. 12 (override)

Cdn oil & gas exp. CF from fed. Sch. 12 (override)

Non-capital losses CF from fed. Sch. 4 (override)

Net capital losses CF from fed. Sch. 4 (override)

Total reserves deducted under s.20 for Ont.

1/2 of total reserves deducted under s.40 for Ont.

Other deductions claimed for Ont. but not federally.

ACB of partnership interests owned by corp. for fed.

Gain from a neg. ACB of partnership interest for Ont.

Farming income under s.28(1)(b) for fed.

Opening federal balance

Ont-Balance.o

Use the keyword Ont-Balance.o to enter the components of a corporation's total Ontario balance.

The following options are applicable for the keyword Ont-Balance.o.

UCC open from Ont. Sch. 8 (override)

Charitable donations CF from Ont. Sch. 2 (override)

Gifts to Canada/province CF from Ont. Sch. 2 (override)

Gifts of cultural prop. CF from Ont. Sch 2 (override)

Gifts of ecological prop. CF from Ont. Sch 2 (override)

Gifts of medicine CF (override)

CEC open from Ont. Sch. 10 (override)

SR&ED exp. pool CF from Ont. Sch. 161 (override)

Adjusted Ontario SR&ED incentive balance

Cdn exploration exp. CF from Ont. Sch. 12 (override)

Cdn development exp. CF from Ont. Sch. 12 (override)

Cdn oil & gas exp. CF from Ont. Sch. 12 (override)

Non-capital losses CF from CT23 (override)

Net capital losses CF from CT23 (override)

Total reserves deducted under s.20 for fed.

1/2 of total reserves deducted under s.40 for fed.

ACB of partnership interests owned by corp. for Ont.

Gain from a neg. ACB of partership interest for Fed.

Farming income under s.28(1)(b) for Ont.

Opening Ontario balance

Trans-Balance

Use the keyword Trans-Balance to choose the type of transitional balance.

The following options are applicable for the keyword Trans-Balance.

Transitional balances.

Eligible amalgamation (federal)

Eligible amalgamation (Ontario)

Eligible post-2008 windup (federal)

Eligible post-2008 windup (Ontario)

Eligible pre-2009 windup (federal)

Eligible pre-2009 windup (Ontario)

Specified pre-2009 transfers (federal)

Specified pre-2009 transfers (Ontario)

Name-Pred

Use the keyword Name-Pred to enter the name of the predecessor corporation with a PE in Ontario.

Name-Sub

Use the keyword Name-Sub to enter the name of the wound-up subsidiary with a PE in Ontario.

Fed-Balance

Use the keyword Fed-Balance to enter either the total federal balance of the predecessor corporation immediately before the eligible amalgamation or the total federal balance of the subsidiary corporation immediately after the completion time of the windup.

Ont-Balance

Use the keyword Ont-Balance to enter either the total Ontario balance of the predecessor corporation immediately before the eligible amalgamation or the total Ontario balance of the subsidiary corporation immediately after the completion time of the windup.

Days.t

Use the keyword Days.t to enter the applicable days in the reference period.

A corporation's "reference period" is the period that begins at the beginning of the corporation's first taxation year ending after 2008 and that ends either five calendar years later or, if earlier, the end of 2013. For a corporation with a taxation year that includes the start of 2009, the beginning of its reference period coincides with its transition time.

The following options are applicable for the keyword Days.t.

Days in reference period

Days in pred. reference period before amalg.

Total days in reference period of pred. corp.

Days in sub. refer. period after sub. yearend

Total days in sub. reference period

Total days in parent's reference period

Days in parent refer. period after beg. of year

Transfers-Amt

Use the keyword Transfers-Amt to enter the amount of specified pre-2009 transfers.

If you are the transferee and have received a property in your tax year ending in 2008, enter the transferor's adjusted POD. If you are the transferor and have disposed of a property in your tax year ending after 2008, enter the transferee's AOC.

The following options are applicable for the keyword Transfers-Amt.

Specified pre-2009 transfers

Transferor's adjusted POD from property you received

Transferee's ACB from property you disposed

Election-R&D

Use the keyword Election-R&D to indicate if the corporation is making an election under clause (b) of the definition of "I" in paragraph 1 of subsection 48(4) of the Taxation Act, 2007 (Ontario).

This election may be made if the tax year includes January 1, 2009 or the previous tax year-end is deemed to be December 31, 2008, under subsection 249(3).

The following options are applicable for the keyword Election-R&D.

Yes

No

Early-Terminate

Use the keyword Early-Terminate to indicate the reason for the early termination of the amortization period, if it applies to the corporation.

The following options are applicable for the keyword Early-Terminate.

Reasons for early termination of amortization period.

Ceases to have permanent establishment in Ont.

Exempt from tax under Part I of fed. Act

Elects to prepay transitional tax debit

Accelerated pymt. of transitional tax credit

EarlyTerm-Date

Use the keyword EarlyTerm-Date to enter the date of early termination of the amortization period.

Relevant-OAF

Use the keyword Relevant-OAF to enter the relevant Ontario allocation factor.

The following options are applicable for the keyword Relevant-OAF.

Relevant OAF

Greatest OAF for 2006, 2007 or 2008

Greatest weighted OAF for 2006, 2007 or 2008

Relevant OAF from 2009 yearend - previous year

Prev-Years.o

Use the keyword Prev-Years.o to enter the previous years information, if electing to reduce the federal SR&ED expenditure pool.

The following options are applicable for the keyword Prev-Years.o.

Field of science or technology (Schedule 060)

Federal SR&ED limits ending after Dec. 31, 2008

SR&ED deduction after Dec. 31, 2008

Total of tax on elected reduced SR&ED pool

Federal current SR&ED deficits

Line 170 from 2009 yearend

Days-Period-OV

Use the keyword Days-Period-OV to override to number of days in the reference period or the number of days in the amortization period.

The following options are applicable for the keyword Days-Period-OV.

Days in reference or amortization period.

Days in reference period

Days in amortization period

Days remaining in reference period due to early term.

PoliticContr

DT Max will add back all political contributions entered in PoliticContr to net income on schedule 1 (T2S(1)). The amount entered will be used to calculate the allowable federal and provincial political contribution tax credits.

Attach receipts related to the political contributions to the tax returns filed where a credit or deduction (Ontario only) is being requested on the return.

The following options are applicable for the keyword PoliticContr.

Newfoundland and Labrador

Prince Edward Island

Nova Scotia

New Brunswick

Quebec

Ontario

Saskatchewan

Alberta

British Columbia

Yukon

Northwest Territories

Nunavut

Other (specify)

Recipient

Use the keyword Recipient to enter the name of the political party, constituency, association or candidate to whom the contributions were made.

Receipt-#

Use the keyword # to enter the official receipt number of the political contribution.

Pol-Date

Use the keyword Pol-Date to indicate the date at which the political contribution was made.

Politic-CF

Use Politic-CF to enter the amount of political contributions that have been carried forward.

The following options are applicable for the keyword Politic-CF.

Prior years relevant to carryforwards available and other historical items.

1st prior year

2nd prior year

3rd prior year

4th prior year

5th prior year

6th prior year

7th prior year

8th prior year

9th prior year

10th prior year

11th prior year

12th prior year

13th prior year

14th prior year

15th prior year

16th prior year

17th prior year

18th prior year

19th prior year

20th prior year

21st prior year

Politic-Lim

Use Politic-Lim to limit the political contributions to be used in order to claim the tax credit this year for purposes of federal schedule 525.

This amount may not exceed the maximum allowable current year Ontario political contribution tax credit.

ProvCreditCF

Use ProvCreditCF to enter provincial credits carried forward from a prior year.

The following options are applicable for the keyword ProvCreditCF.

Provincial credits which the corporation can claim.

SaskCr-CF

Enter the amount and year in which the Saskatchewan credit was earned in SaskCr-CF.

There are 7 prior year options for the keyword SaskCr-CF.

The following options are applicable for the keyword SaskCr-CF.

Prior years relevant to carryforwards available and other historical items.

1st prior year

2nd prior year

3rd prior year

4th prior year

5th prior year

6th prior year

7th prior year

AltCr-CF

Enter the amount of the Alberta credit carried forward in AltCr-CF.

ProvCreditOV

Use the keyword ProvCreditOV to override provincial credits to be claimed this year. These credits are relevant only if the corporation operates in the province to which the credit relates and owes provincial taxes of that type.

The following options are applicable for the keyword ProvCreditOV.

Provincial credits which the corporation can claim.

Environmental trust tax credit - Ontario

Digital media tax credit - N.S.

The digital media tax credit is a refundable tax credit for costs directly related to the development of interactive digital media products.

Green energy equip. tax cr. (manufacturer) - MB

The green energy manufacturing tax credit is a refundable tax credit that is equal to 10% of the value of qualifying property in Manitoba and sold before 2019 for residential or commercial use in Manitoba. Qualifying property includes wind power, solar energy, geothermal and hydrogen fuel cell equipment.

Green energy equip. tax cr. (purchaser) - MB

The green energy manufacturing tax credit is a refundable tax credit that is equal to 10% of the value of qualifying property in Manitoba and sold before 2019 for residential or commercial use in Manitoba. Qualifying property includes wind power, solar energy, geothermal and hydrogen fuel cell equipment.

Interactive digital media tax credit - Man.

Venture capital tax credit - B.C.

The British Columbia venture capital tax credit can be claimed on eligible investments made in qualifying venture capital corporations. Any unused credits can be carried forward four years. Claim the credit on schedule 5 (T2S-TC). Enter the credit claimed in the ProvCreditOV keyword. Enter carryforwards in the ProvCreditCF group.

SR&ED refundable tax credit - MB

Small business ITC - Ontario

Small business ITC repayment -Ontario

Cert#

Use the keyword # to enter the certificate number.

Cred-Avail

Use the keyword Cred-Avail to enter the credit available.

Prev-Yr-Cr

Use the keyword Prev-Yr-Cr to enter the credit at the end of the preceding year.

Resort-Property

Use the keyword Resort-Property if you are a qualifying investor that made an eligible investment in a qualifying resort development property unit in Newfoundland and Labrador after June 13, 2007.

The following options are applicable for the keyword Resort-Property.

Provincial credits which the corporation can claim.

Resort property ITC - NFLD & Lab.

Credit.r

Use the keyword Credit.r to enter the receipt number and the amount of the resort property investment tax credit.

Risk-Capital

Use the keyword Risk-Capital to indicate the types and amounts of investments eligible for the investment tax credit under the "Risk capital investment tax credits act."

The following options are applicable for the keyword Risk-Capital.

Types of investments eligible for the investment tax credit under the Risk Capital Investment Tax Credit Act.

Labour sponsored venture capital corporations

Community endorsed venture capital corporations

Direct investment in territorial business corp

Cert-#

Use the keyword # to enter the applicable certificate number for the type of eligible investment being claimed under the "Risk capital investment tax credits act".

TaxWithheld

Use TaxWithheld to enter any income taxes withheld at source as shown on information slips received by the corporation such as the NR4B, T4A or T4A-NR slips. These are taxes other than instalment payments or foreign taxes. The amount entered here will appear on line 800 of the T2 return. Attach the information slips supporting the taxes withheld to the T2 return filed.

TotPayments

Use the keyword TotPayments to enter the total payments received on which tax was withheld at source.

This information will appear on page 8 of the federal jacket (schedule 200).

VentCap-BC

Use VentCap-BC to enter the amount invested in a qualified venture capital corporation during the current taxation year. DT Max will calculate the amount of credit allowed as 30% of the amount entered here. The credit claimed will appear on schedule 5 (T2S-TC). Any unused credits can be carried forward for four taxation years. Enter any credits carried forward in the BCCr-CF keyword in the ProvCreditCF group for the B.C. venture capital credit option.

To override the calculated credit, enter the amount to be claimed in the ProvCreditOV keyword relating to the B.C. venture capital credit.