You have to file your corporate income tax return within six months of the end of each tax year. The tax year of a corporate is its fiscal period.
When I do have to file my corporate income tax return?
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Month: June 2013
Which forms do I need to apply for SR&ED tax incentives?
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To make a claim for SR&ED tax incentives, you have to file an income tax return and Form T661 – Scientific Research and Experimental Development (SR&ED) Expenditures Claim.
How to calculate Capital Cost Allowance (CCA) – an example – part three
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This is part three of the example about how to calculate Capital Cost Allowance (CCA).
Prescribed proxy amount (PPA)
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Prescribed proxy amount (PPA) is a notional amount on which SR&ED ITC can be earned with respect to SR&ED overheads (and other expenditures). It is calculated as a percentage of a salary base. The PPA is only applicable when the claimant elects to use the proxy method.