Corporate Taxprep 2019.2.0

List of Data Transferred to the Return

Transfer of GIFI Items to the T2 Return and Schedules

The following table contains a list of the schedules that have GIFI data transferred to them.

Name of Schedule / Description of the line	GIFI Item(s) transferred
Schedule 1 Net Income (Loss) for Income Tax Purposes
Line A Net income (loss) after taxes and extraordinary items per financial statements	9999
Line 101 Provision for income taxes current	9990 + 7010
Line 102 Provision for income taxes deferred	9995
Line 104 Amortization of tangible assets	8670 + 8459 + 9791
Line 105 Amortization of natural resource assets	8650 + 8460
Line 106 Amortization of intangible assets	8570 + 9832 + 9833
Line 110 Loss in equity of subsidiaries and affiliates	if 8232 < 0
Line 111 Loss on disposal of assets	if (8210 + 8211 + 8212 + 9609) < 0
Line 112 Charitable donations and gifts from Schedule 2 When the check box Line 8522 of the GIFI is selected on line 112	8522
Line 118 Scientific research expenditures deducted per financial statements When the check box Line 9282 of the GIFI is selected on line 118	9282
Line 121 Non-deductible meals and entertainment expenses When the check box Line 8523 of the GIFI is selected on line 121	50% of 8523
Line 248 Book loss on joint ventures	if 8234 < 0
Line 249 Book loss on partnerships	if (8235 + 8051 + 8052) < 0
Line 306 Equity in income from subsidiaries or affiliates	if 8232 > 0
Line 348 Book income on joint ventures	if 8234 > 0
Line 349 Book income on partnerships	if (8235 + 8051 + 8052) > 0
Line 401 Gain on disposal of assets per financial statements	if (8210 + 8211 + 8212 + 9609) > 0

Name of Schedule / Description of the line	GIFI item(s) transferred
Schedule 8-Rec. Fixed Asset Reconciliation
Closing net book value	(2008 - 1600 - 1601 - 2009
Loss on disposal of fixed assets per accounts	if (8210 + 9609) < 0
Gain on disposal of fixed assets per accounts	if (8210 + 9609) > 0

Name of Schedule / Description of the line	GIFI item(s) transferred
Schedule 15 Deferred income plans
Line B Total of all amounts for deferred income plans deducted in your financial statements	8623

Name of Schedule / Description of the line	GIFI Item(s) transferred
Schedule 33 Taxable Capital Employed in Canada - Large Corporations
Line 103 Capital stock	3500 + 3520
Line 104 Retained earnings	if 3849 > 0
Line 105 Contributed surplus	3541
Line 106 Any other surpluses	3542 + 3543 + 3540
Line 110 Any dividends declared but not paid by the corporation before the end of the year	Line B - Dividends declared but not paid this year from schedule 3849
Line 122 Deficit deducted in computing its shareholders' equity	if 3849 < 0

Name of Schedule / Description of the line	GIFI Item(s) transferred
Schedule 510 - Ontario Corporate Minimum Tax
Line 112 Total assets of the corporation	2599 - 2245 - 2250
Line 142 Total revenue of the corporation	2899 + 9659 - 8232

Name of Schedule / Description of the line	GIFI Item(s) transferred
Schedule - 566 Ontario Innovation Tax Credit
Line Gross revenues attributable to Ontario operations	8299 + 9659

Name of Schedule / Description of the line	GIFI Item(s) transferred
CO-17 Québec Corporation Income Tax Return
Line 17 Corporation's gross income	8299 + 9659
Line 18 Corporation's total assets (according to financial statements)	2599
Line 22 If yes, enter the gross income	9659 - 9650

Name of Schedule / Description of the line	GIFI Item(s) transferred
CO-17.A.1 Québec Net Income for Income Tax Purposes
Line 22 Losses on the disposition of depreciable capital property	if (8210 + 8212 + 9609) < 0
Line 23 Losses on the disposition of non-depreciable capital property	if 8211 < 0
Line 101 Book gains on the sale of property	if (8210 + 8211 + 8212 + 9609) > 0 + if (8211>0)

Name of Schedule / Description of the line	GIFI Item(s) transferred
CO-17S.36 Québec First Time Filer after Incorp, Amalg., etc
Cash	1000 to 1007
Accounts receivable	1060 + 1062 + 1064 + 1066 + 1067 + 1068 + 1069 + 1071 + 1073
Land and building	1600 + 1680
Capital stock	3500 + 3520
Contributed surplus	3541

Name of Schedule / Description of the line	GIFI Item(s) transferred
CO-1029.8.36.RO - Tax Credit for Job Creation in the Resource Regions, Vallée de l'Aluminium, Gaspésie and Certain Maritime Regions of Québec
Line 90 Gross income of the corporation for the taxation year	8299 + 9659

Name of Schedule / Description of the line	GIFI Item(s) transferred
CO-1136 - Calculation of paid-up capital
Line 300 Paid up capital and any interest of a similar nature	3500 + 3520
Line 301 Surplus	if 3849 > 0
Line 302 Other surpluses	3540 + 3541 + 3542 + 3543
Line 332 Deficit	if 3849 < 0
Line 371 Total assets (according to the balance sheet)	2599
The GIFI data will not be transferred if the corporation is: a bank; a credit union; a corporation trading in securities; a loan or trust corporation; a financial institution prescribed by Regulation.

Name of Schedule / Description of the line	GIFI Item(s) transferred
CO-1136.CS Paid-Up capital for purposes of calculating the income tax of certain corporations
Line 300 Paid-up capital and any interest of a similar nature	3500 + 3520 (prior year)
Line 301 Surplus	3849 (prior year)
Line 302 Other surpluses	3540 + 3541 + 3542 + 3543 (prior year)
Line 332 Deficit	3849 (prior year)
Line 371 Total assets	2599 (prior year)
The GIFI data will be transferred only if the corporation is filling a tax return for the first time after: an incorporation; an amalgamation.

Name of Schedule / Description of the line	GIFI Item(s) transferred
QME Entertainment Expenses Worksheet
Entertainment expenses for the year	8523
Annual gross income	8299 + 9659 (8051 + 8052 + 8235 + 9615)
Total amount from commissions	8120 + 8121

Name of Schedule / Description of the line	GIFI Item(s) transferred
COZ-1179, Logging Operations Return
Line 47 Plants (buildings)	1680
Line 48 Machinery and equipment (plants)	1740
Line 49 Office equipment and furniture (plants)	1787
Line 52 Loading docks (plants)	1906

Name of Schedule / Description of the line	GIFI Item(s) transferred
AT1 Alberta Corporate Income Tax Return
Line 011 Operating Name of Corporation	0001
Line 047 Gross revenue (to nearest thousand)	8299 + 9659
Line 048 Total assets (to nearest thousand)	2599

Name of Schedule / Description of the line	GIFI Item(s) transferred
MCT1 Manitoba Corporation Capital Tax Return
Line 21 Paid Up Capital Stock*	3500 + 3520
Line 22 Surpluses: Earned*	3600
Line 24 Surpluses: Appraisal*	3542
Line 25 Surpluses: Contributed*	3541
Line 51 Goodwill*	2012 - 2013
Line 54 Trademarks*	2020 - 2021
Line 71 Total assets per balance sheet	2599
* The GIFI data will not be transferred if the corporation is: a credit union; a cooperative corporation.

Name of Schedule / Description of the line	GIFI Item(s) transferred
SCT1 Saskatchewan Corporation Capital Tax Return
Schedule B, Part 1, line 1 Paid-up capital stock¹	3500 + 3520
Schedule B, Part 1, line 2 Surpluses: earned¹	3600
Schedule B, Part 1, line 4 Surpluses: appraisal¹	3542
Schedule B, Part 1, line 5 Surpluses: contributed¹	3541
Schedule B, Part 2, line 1 Goodwill¹	2012- 2013
Schedule B, Part 2, line 4 Trademarks¹	2020 - 2021
Schedule B, Part 2, line 7 Paid-up capital stock¹	3500 + 3520
Schedule B, Part 6, line 1 Total assets as per balance sheet	2599
Schedule C, Part 1, line 1 Capital stock¹	3500 + 3520
Schedule C, Part 1, line 2 Retained Earnings¹	3600
Schedule C, Part 1, line 3 Contributed Surplus¹	3541
Schedule C, Part 1, line 4 Other Surpluses¹	3540
Schedule C, Part 1, line 6 Long term Debt¹	3140
Note 1: The GIFI data will not be transferred if the corporation is: a credit union; a cooperative corporation; an insurance corporation.

Name of Schedule / Description of the line	GIFI Item(s) transferred
Schedule 34 Taxable Capital Employed in Canada - Financial Institutions
Line 202 Long-term debt	3450
Line 203 Capital stock	3500 + 3520
Line 204 Retained earnings	if 3849 > 0
Line 205 Contributed surplus	3541
Line 206 Any other surpluses	3540 + 3542 + 3543
Line 222 Any deficit deducted in computing the shareholders equity at the end of the year	if 3600 < 0

Name of Schedule / Description of the line	GIFI Item(s) transferred
CO-1140 Calculation of Paid-Up Capital
Line 10 Paid-up capital stock*	3500 + 3520
Line 14 All surpluses*	3540 + 3541 + (if 3600 > 0)
Line 18 Futur tax liabilities*	2963 + 3240
Line 27 Operational deficit*	if 3600 < 0
Line 28 Deferred tax debit*	1481 + 2421
* The GIFI data will be transferred only if the corporation is: a bank; a loan or trust corporation; a corporation trading in securities; a financial institution prescribed by Regulation.

Name of Schedule / Description of the line	GIFI Item(s) transferred
CO-1140.A Paid-up capital to be used for purposes other than the calculation of tax on capital
Line 10 Paid-up capital stock	3500 + 3520 (prior year)
Line 14 All surpluses	3540 + 3541 + (if 3600 > 0) (prior year)
Line 18 Future tax liabilities	2963 + 3240 (prior year)
Line 26 Deficit not attributable to the operations of an IFC	if 3600< 0 (prior year)
Line 27 Future tax assets	1481 + 2421 (prior year)
The GIFI data will be transferred only if the corporation is: a financial institution; an insurance corporation; and is not: a credit union.

Name of Schedule / Description of the line	GIFI Item(s) transferred
CO-1175.4 Life Insurance Corporation
Line 11 Retained earnings	3600
Line 12 Contributed and other surplus	3540 + 3541 + 3542 + 3543
Line 14 Long-term liabilities	3450
Line 15 Capital stock	3500 + 3520
Line 17 Future tax assets	1481 + 2421
The GIFI data will be transferred only if the corporation is a life insurance corporation.

Name of Schedule / Description of the line	GIFI Item(s) transferred
NB Financial Corporation Capital Tax
Line 1 Paid-up capital stock (net of premium and/or discount)	3500 + 3520
Line 2 General reserve (banks only)	3543
Line 3 Surpluses earned (if deficit deduct)	3600
Line 5 Surpluses appraisal	3542
Line 6 Surpluses contributed	3541
The GIFI data will be transferred only if the corporation is a bank, a loan corporation or a resident trust company.

Name of Schedule / Description of the line	GIFI Item(s) transferred
NS Financial Corporation Capital Tax
Line 1 Paid-up capital stock (net of premium and/or discount)	3500 + 3520
Line 2 General reserve (banks only)	3543
Line 3 Surpluses earned (if deficit deduct)	3600
Line 5 Surpluses appraisal	3542
Line 6 Surpluses contributed	3541
The GIFI data will be transferred only if the corporation is a bank, a loan corporation or a resident trust company.

Name of Schedule / Description of the line	GIFI Item(s) transferred
PE Financial Corporation Capital Tax
Line 1 Paid-up capital stock (net of premium and/or discount)	3500 + 3520
Line 2 General reserve (banks only)	3543
Line 3 Surpluses earned (if deficit deduct)	3600
Line 4 Accumulated other comprehensive income	3580
Line 6 Surpluses appraisal	3542
Line 7 Surpluses contributed	3541
The GIFI data will be transferred only if the corporation is a bank, a loan corporation or a resident trust company.

Name of Schedule / Description of the line	GIFI Item(s) transferred
AGRI/HAGRI AgriStability and AgriInvest - Statement A
Line 9540 Other program payments	9540
Line 9544 Business Risk Management (BRM) and Disaster Assistance Payments	9544
Line 9600 Other	9600
Line 9601 Agricultural contract work	9601
Line 9605 Patronage dividends	9605
Line 9607 Interest	9607
Line 9610 Gravel	9610
Line 9611 Trucking (farm-related only)	9611
Line 9612 Resales of commodities purchased	9612
Line 9613 Leases (gas, oil well, surface, etc.)	9613
Line 9614 Machine Rental	9614
Line 9661 Containers and twine	9661
Line 9662 Fertilizer and soil supplements	9662
Line 9663 Pesticides and chemical treatments	9663
Line 9713 Veterinary fees, medicine, and breeding fees	9713
Line 9714 Minerals and salts	9714
Line 9760 Machinery (repairs, licenses, insurance)	9760
Line 9764 Machinery (gasoline, diesel fuel, oil)	9764
Line 9765 Machinery lease/rental	9765
Line 9792 Advertising and promotion costs	9792
Line 9795 Building and fence repairs	9795
Line 9796 Land clearing and draining	9796
Line 9798 Agricultural contract work	9798
Line 9799 Electricity	9799
Line 9801 Freight and shipping	9801
Line 9802 Heating fuel	9802
Line 9804 Other insurance premiums	9804
Line 9805 Interest (real estate, mortgage, other)	9805
Line 9807 Memberships/subscription fees	9807
Line 9808 Office expenses	9808
Line 9809 Legal and accounting fees	9809
Line 9810 Property taxes	9810
Line 9811 Rent (land, buildings, pastures)	9811
Line 9815 Arm's length salaries	9815
Line 9816 Non-arm's length salaries	9816
Line 9819 Motor vehicle expenses	9819
Line 9820 Small tools	9820
Line 9821 Soil testing	9821
Line 9822 Storage/drying	9822
Line 9823 Licenses/permits	9823
Line 9824 Telephone	9824
Line 9825 Quota rental (tobacco, dairy)	9825
Line 9826 Gravel	9826
Line 9827 Purchases of commodities resold	9827
Line 9829 Motor vehicle interest and leasing costs	9829
Line 9836 Commissions and levies	9836

Name of Schedule / Description of the line	GIFI Item(s) transferred
T106 Summary - Information Return of Non-Arm's Length Transactions with Non-Residents
Gross revenue of reporting person/partnership	8299 + 9659