SCH 10 - CUMULATIVE ELIGIBLE CAPITAL DEDUCTION (2002 and...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Code 0201 Cumulative eligible capital – Closing balance (amount K minus amount L) (if negative, enter "0") CUMULATIVE ELIGIBLE CAPITAL DEDUCTION (2002 and later taxation years) Part 1 – Calculation of current year deduction and carry-forward T2 SCH 10 (04) Current year deduction amount B minus amount C (if negative, enter "0") Subtotal (line 222 plus line 226) A separate cumulative eligible capital account must be kept for each business. Business Number For use by a corporation that has eligible capital property. For more information, see the T2 Corporation Income Tax Guide . Month Taxation year-end Name of corporation Day Year z Printed in Canada z Part 2 – Amount to be included in income arising from disposition (Français au verso.) SCHEDULE 10 O P Amount to be included in income (amount S plus amount T) (enter this amount on line 108 of Schedule 1) Add: Cumulative eligible capital – Balance at the end of the preceding taxation year (if negative, enter "0") . . . . . . . . . . . . . . A F Cost of eligible capital property acquired during the taxation year D Other adjustments Amount transferred on amalgamation or wind-up of subsidiary E Non-taxable portion of a non-arm's length transferor's gain realized on the transfer of an eligible capital property to the corporation after December 20, 2002
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 11/03/2010 for the course COMM 355 taught by Professor Trancheung during the Winter '10 term at The University of British Columbia.

Ask a homework question - tutors are online