Bulletins - Corporations Tax
- Political Contributions Tax Credit for Corporations
Bulletin 4013 - This bulletin provides general information regarding the political contributions tax credit available for corporations under the Taxation Act, 2007. This credit provides corporations with a tax credit of up to $2,604 for contributions made to a registered candidate, a registered constituency association, or a registered party.
- Corporations Information Act - Annual Return
Bulletin 4012 - This bulletin provides information for corporations filing Annual Returns under the Corporations Information Act, and provides new rules for filing an Annual Return for taxation years ending after December 31, 2008.
- Explanatory Notes On Calculation Of Transitional Tax Debits And Credits For Ontario Corporations
Bulletin 4011 - Subdivision d of Division B of Part III of the Taxation Act, 2007 provides important new rules under which transitional tax credits and tax debits are calculated for Ontario corporations. These transitional tax credits and tax debits are designed to provide an appropriate transition from the Corporations Tax Act (Ontario) for corporations with different income tax attributes for federal and Ontario purposes.
- Interest on Overpayments, Underpayments and Instalments of Tax
(Interest Rate Table)
Bulletin 4010R1 - This bulletin describes the situations where interest is charged, or allowed, on overpayments and underpayments of tax instalments and balance of tax due amounts.
- Limited Liability Companies
Bulletin 4009R - This bulletin sets out the policy of the ministry regarding the status of U.S. limited liability companies, which are unincorporated, for the purposes of the CTA.
- General Adjustments to Ontario Income Tax Payable
Bulletin 4008R - This bulletin describes some general tax credits deductible from Ontario income tax payable offered to corporations in order to encourage and promote certain specific economic activities within the province.
- Tax Instalments and Payments
Bulletin 4007R1 - This bulletin discusses the instalment and payment requirements of corporations subject to tax under the CTA.
- Dissolution of Corporations for Failure to Comply with the Corporations Tax Act, Revival of Corporations and Inactive Corporations
Bulletin 4006R1 - This bulletin describes procedures taken to dissolve a corporation, how a corporation can be revived, and how an inactive corporation can request to be voluntarily dissolved.
- Advance Tax Rulings
Bulletin 4005R - This bulletin describes the procedures involved in the issuance of an advance ruling which is a statement given by the ministry to a taxpayer, stating how it will interpret provisions of Ontario's Corporations Tax Act, the Mining Tax Act and the Electricity Act, 1998 with respect to a specific transaction which the taxpayer is proposing.
- Penalties and Fines
Bulletin 4004R - This bulletin describes penalties that can be assessed on corporations, individuals and other persons.
- Diskette and Paper Filing of the Corporations Tax Return
Bulletin 4003R1 - The bulletin provides information on the diskette, and paper return methods for filing the Corporations Tax Return (CT23).
- Financial Statement Requirements
Bulletin 4002R1 - This bulletin describes provisions in the CTA which specify the form and content of the financial statements that are required to be filed with a corporation's tax return.
- Combined Return, Short-Form Return and the Exempt from Filing Policy for Corporations
Bulletin 4001R1 - This bulletin introduces the revised Interpretation and Information Bulletins announced in the 2001 Ontario Budget, and includes a Table of Contents for each series.
- Co-operative Education Tax Credit in Respect of Ontario Students
Bulletin 3021R1 - This bulletin provides general guidelines on the co-operative education tax credit.
- Apprenticeship Training Tax Credit
Bulletin 3020R2 - This bulletin provides general guidelines on the apprenticeship training tax credit.
- Capital Tax - Implications of Rollovers and Other Corporate Reorganizations
Bulletin 3019 - This bulletin discusses the capital tax implications of rollovers, wind- ups, amalgamations, contributions of assets to partnerships, and push-down accounting.
- Capital Tax - Family Farm/Fishing Corporation
Bulletin 3018R - This bulletin explains the policy of the ministry regarding capital tax rules for family farm and family fishing corporations.
- Capital Tax - Corporate Partners in Limited and Ordinary Partnerships
Bulletin 3017R - This bulletin describes the capital tax treatment of a corporate partner's interest in an unincorporated joint venture or partnership.
- Capital Tax - Numerical Example
Bulletin 3016R - This bulletin provides a numerical example to illustrate the process of calculating Paid-Up Capital (PUC), Taxable Paid-Up Capital (TPUC) and Capital Tax.
- Capital Tax - Deductions from Paid-Up Capital
Bulletin 3015R - This bulletin describes various deductions from paid-up capital allowed under subsection 62(1) of the CTA, used in calculating taxable paid-up capital of a corporation.
- Capital Tax - Paid-up Capital Inclusions - Liabilities and Deferred Credits
Bulletin 3013R - This bulletin discusses liabilities and deferred credits that are included in paid-up capital (PUC).
- Capital Tax - Paid-Up Capital Inclusions - Shareholders' Equity Accounts -
Bulletin 3012R - This bulletin discusses the components of paid-up capital (PUC) usually associated with the shareholders' equity section of the balance sheet.
- Capital Tax - General Information and Special Cases
Bulletin 3011R - This bulletin provides general information regarding capital tax and discusses briefly some special cases.
- Summary of Ontario Corporations Tax for Non-Residents
Bulletin 3010 - This bulletin describes the tax implications of foreign corporations that operate in Canada through a Canadian branch. These foreign corporations are referred to as "non-resident" corporations.
- Statute - Barred Periods
Bulletin 3009R - This bulletin describes the provisions of the CTA under which the Minister of Finance for Ontario (Minister) can issue a reassessment.
- Allocation of Taxable Income and Taxable Capital
Bulletin 3008 - This bulletin describes some factors that should be considered in determining whether a corporation has a permanent establishment in a jurisdiction. In addition, it describes factors used in determining the "gross revenue" and "salaries and wages" components of the general allocation formula.
- General Anti-Avoidance Rule and Inter-Provincial Anti-Avoidance
Bulletin 3007R - This bulletin describes the General Anti-Avoidance Rule (GAAR) which is intended to prevent tax avoidance transactions or arrangements, but will not apply to arrangements that meet the spirit of the CTA read as a whole.
- Ontario Current Cost Adjustment: Pollution Control Equipment
Bulletin 3005 - This bulletin describes the Ontario Current Cost Adjustment (OCCA) which is an incentive to assist corporations with the costs involved in purchasing new pollution control equipment for use in Ontario.
- Management Fees, Rent, Royalties and Similar Amounts Paid or Payable to Non-residents
Bulletin 3004 - This bulletin describes the inclusion in income of a portion of management fees, rents, royalties and similar payments which are paid or payable to a non- resident person or non-resident owned investment corporation with whom the corporation is not dealing at arm's length.
- Cash Concentration Systems
Bulletin 3003R - This bulletin describes the capital tax treatment of loans and advances created through the operation of cash concentration systems, where a group of related corporations conducts its banking business through one group bank account in order to optimize the management of the cash for all of the corporations together.
- Ontario Political Contributions
Bulletin 3002R2 - This bulletin describes the deduction from Ontario net income for eligible Ontario political contributions made under the Election Finances Act (EFA), to Ontario parties and constituency associations or to candidates in an Ontario election by a corporation.
- Ontario Foreign Tax Credit
Bulletin 3001R - This bulletin describes the Ontario foreign tax credit and the deduction for foreign taxes for tax paid to a jurisdiction outside Canada, on investment income earned in that jurisdiction.
- Introduction Bulletin
This bulletin introduces the revised Interpretation and Information Bulletins announced in the 2001 Ontario Budget, and includes a Table of Contents for each series.
- Financial Institutions - Capital Tax
- Inter-Provincial Asset Transfers
- Treatment of Corporate Reorganizations under the Corporate Minimum Tax
- Educational Technology Tax Incentive
- Ontario Book Publishing Tax Credit
- Ontario Business-Research Institute Tax Credit
- Ontario New Technology Tax Incentive
- Ontario School Bus Safety Tax Incentive
- Ontario Sound Recording Tax Credit
- Workplace Accessibility Tax Incentive
- Workplace Child Care Tax Incentive
