Notices - Corporations Tax
- Highlights from the 2009 Ontario Economic Outlook and Fiscal Review - Corporations Tax
Information Notice - On October 22, 2009, a number of proposed corporate tax measures were announced in the 2009 Ontario Economic Outlook and Fiscal Review. This notice provides general information on proposed changes to the Ontario Production Services Tax Credit and the Ontario Interactive Digital Media Tax Credit.
- Ontario Insurance Premium Tax Return
Information Notice - The purpose of this notice is to inform corporations, sole proprietors, individuals and their representatives about the release of the new Ontario Insurance Premium Tax return. The Insurance Premium Tax return must be filed by insurance companies who conduct business through a permanent establishment in Ontario and by other entities required to calculate, collect and remit Premium Tax under the Corporations Tax Act.
- Amendments to Ontario Regulations 162/01 and 207/99 under the Electricity Act, 1998
Information Notice - This notice is to inform public electricity utilities that the Minister of Finance has amended O. Regulations 162/01 and 207/99 to implement measures announced in the 2007 Ontario Budget and make consequential adjustments to the regulations as a result of the applicability of the Taxation Act, 2007 for taxation
years ending after December 31, 2008.
- Highlights from the 2009 Ontario Budget - Corporations Tax
Information Notice - On March 26, 2009, a number of proposed measures relating to the Taxation Act, 2007 were announced in the 2009 Ontario Budget. The proposals must be passed by the legislature and receive Royal Assent to become law.
- Ontario Jobs and Opportunity Bonds
Information Notice - The purpose of this notice is to inform corporations and their representatives that the Minister of Finance has amended O.Regulation 155/03 to provide a refund to certain corporations who receive interest from Ontario Jobs and Opportunity Bonds.
- Capital Tax Elimination for Manufacturing and Resource Activities
Information Notice - This notice provides additional information and guidance for taxpayers on the measure related to the retroactive elimination of the capital tax effective January 1, 2007, for Ontario companies primarily engaged in manufacturing and resource activities.
- Corporations Tax Returns
Information Notice - The purpose of this notice is to inform corporations and their representatives that the ministry will not be issuing distinct 2008 versions of the CT23 Corporations Tax and Annual Return (CT23), CT23 Short Form Corporations Tax and Annual Return (CT23 Short-Form) and the Corporations Tax Return for insurance corporations (CT8).
- Highlights from the 2008 Ontario Budget: Corporations Tax Act and the Taxation Act 2007
Information Notice - On March 25, 2008, a number of proposed measures relating to the Corporations Tax Act and the Taxation Act, 2007 were announced in the 2008 Ontario Budget. The proposals must be passed by the Legislature and receive Royal Assent to become law. This notice provides general information and is not a substitute for the legislation.
- Proposed Changes to the Corporations Tax Act and the Taxation Act 2007
Reassessments, Interest, Overpayments and Instalments
Information Notice - Information Notice 6025, dated December 2007, provides details of measures announced
in the 2007 Ontario Economic Outlook and Fiscal Review. This notice provides additional information for corporations impacted by these measures, some of which are retroactive to January 1, 2007. This notice is not a substitute for the legislation, which must receive Royal Assent for the measures to become law.
- Proposed Changes to the Corporations Tax Act and the Taxation Act 2007
Information Notice - On December 13, 2007, a number of measures relating to the Corporations Tax Act and the Taxation Act 2007 were announced in the 2007 Ontario Economic Outlook and Fiscal Review.
- Ontario Business Research Institute (OBRI) Tax Credit Rulings
Information Notice - The purpose of this notice is to inform corporations and their representatives that the Minister of Revenue has directed that OBRI rulings no longer need to be obtained by qualifying corporations or a partnership of which it is a member under section 43.9 of the Corporations Tax Act in respect of contracts entered into after August 9, 2007.
- Corporations Tax Act Regulation for Corporate Minimum Tax
Information Notice - The purpose of this notice is to inform corporations about Regulation 509/07 of the Corporations Tax Act which was filed August 27, 2007. The regulation impacts the calculation of Corporate Minimum Tax.
- Highlights from the 2007 Ontario Budget - Electricity Act 1998
Information Notice - Provides information on a number of measures relating to the Electricity Act, 1998 proposed in the 2007 Ontario Budget.
- Highlights from the 2007 Ontario Budget - Mining Tax
Information Notice - Provides information on a measure relating to the Mining Tax Act proposed in the 2007 Ontario Budget.
- Highlights from the 2007 Ontario Budget - Corporations Tax
Information Notice - Provides information on a number of measures relating to the proposed Taxation Act, 2006 and the Corporations Tax Act that were announced in the 2007 Ontario Budget.
- Corporations Tax Returns
Information Notice - The purpose of this notice is to inform corporations and their representatives of the release of the 2007 CT23 Corporations Tax and Annual Return and the related Guide.
- Electricity Act, 1998 – Regulation Amendments
Information Notice - This notice provides information on amendments to Regulations 162/01 and 207/99 of the Electricity Act, 1998 filed February 9, 2007.
- Budget Measures Act, 2006 (No.2) - Bill 151 Mining Tax Act
Information Notice - Provides information on
amendments to the Mining Tax Act
included in the Budget
Measures Act, 2006 (No.2) - Bill
151, introduced October 18, 2006.
- Budget Measures Act, 2006 (No.2) - Bill 151 Corporations Tax Act
Information Notice - Provides information on
amendments to the Corporations
Tax Act included in the 2006
Fall Budget Bill.
- Highlights from 2006 Ontario Budget - Mining Tax Act
Information Notice - On March 23, 2006, a measure
relating to the Mining Tax Act was
proposed in the 2006 Ontario
Budget. - Highlights from the 2006 Ontario Budget - Electricity Act, 1998
Information Notice - On March 23, 2006, a number of
measures relating to the Electricity
Act, 1998 were proposed in the
2006 Ontario Budget. - Highlights from the 2006 Ontario Budget - Corporations Tax Act
Information Notice - On March 23, 2006, a number of
measures relating to the
Corporations Tax Act were
proposed in the 2006 Ontario
Budget. The proposed
amendments must be passed by
the Legislature and receive Royal
Assent to become law. - Corporations Tax Act Regulation Amendments
Information Notice - Provides information on
the amendments to the
regulations to the Corporations
Tax Act filed March 6, 2006. These
amendments bring into force
announcements made in the 2004
and 2005 Budgets. - Instalment Calculations New Section 507 of Regulation 183
Information Notice - On December 8, 2005,
amendments to Regulation 183 of
the Corporations Tax Act (CTA)
were
filed. These regulations parallel the
calculation of instalments under
the federal Income Tax Act when a
corporation has been
involved in a wind-up, rollover or
has a preceding short
taxation year that is less than 183
days. The amendments also affect
corporations that were
subject to the Electricity Act, 1998
and are now subject to the CTA. - CT23 Schedule 591 - 2005
Information Notice - Informs
corporations filing an election
under subsection 69(2.1) of the
Corporations Tax Act about the
revision to the 2005 Capital Tax
Election of Associated Group
Agreement for Allocation of Taxable
Capital Deduction (TCD) - CT23
Schedule 591.
- Taxpayer Requested Adjustments to Tax Credits and Incentives
Information Notice - Explains the Ministry of
Revenue's policy on accepting and
processing taxpayer requested
adjustments to several tax credits
and incentives. - Ontario Budget 2005 Corporations Tax Act Measures May 2005
Information Notice - On May 11, 2005, a number of
measures relating to the
Corporations Tax Act were
proposed in the 2005 Ontario
Budget. The legislation must be
passed by the Legislature and
receive Royal Assent to become
law. - Ontario Budget 2004 - Electricity Act, 1998 Measures
Information Notice - On May 18, 2004, a number of
measures relating to the Electricity
Act, 1998 were proposed in the
2004 Ontario Budget. The
legislation must receive passage
by the Legislature and Royal
Assent to become law. - Ontario Budget 2004 - Corporations Tax Act Measures
Information Notice - On May 18, 2004, a number of
measures relating to the
Corporations Tax Act were
proposed in the 2004 Ontario
Budget. The legislation must
receive passage by the Legislature
and Royal Assent to become law. - Implications for Corporations Failing to File CT23s or Exempt from Filing Declarations
Information Notice - Explains the
implications of not filing Ontario
Corporations Tax Returns (CT23)
and Exempt from Filing (EFF)
Declarations. - Federal T2 No Longer Required To Be Filed with CT23, March 2002
Information Notice - Describes
the
simplified tax filing procedures with
respect to the Federal T2 and
associated
schedules. - Simplified Instalment Requirements for Small Corporations, May 2002
Information Notice - Describes
the
simplified instalment requirements
for
small corporations.
