COMM 355 Oct 2012 Midterm Solution Schedule 8

COMM 355 Oct 2012 Midterm Solution Schedule 8 - T2 merge...

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Unformatted text preview: T2 merge; Ptlfi'tt‘r r» [Ariana (Francais au verso) .- S 3,252 “.13 .: 3;:00 I i Name or saturation Business Number Tagtion year end 1 Year Month Day l ................ - 7 w » — L. l_ l 1 l 1 ,1 For more information, see the section called ”Capital Cost Allowance“ in the T2 Corporation Income Tax Guide. Is the corporation electing under Regulation 1101(5q)? m 1 Yes 2 No I 2 3 4 5 6 7 8 9 10 1 1 12 13 3 (Less Undeprecrated Cost of Net adjustments Proceeds of Undeprecialed 50% rule Reduced CCA Recapture Terminal loss Capital cost Undeprecrated capital cost acquisitions (show negative dispositions capital cost (1/2 of the amount. undepreciated rate of capital cost allowance capital cost at the beginning during the year amounts in during the year (column 2 plus if any, by which the capital cost % allowance (column 8 at the end , oi the year (new property brackets) (amount not to column 3 plus or net cost of (column 6 minus multiplied by of the year (unoepreCiated must be available exceed the minus column 4 acquisitions column 7) column 9; or a (column 6 minus , 1 capital cost at the for use) capital cost) minus column 5) exceeds column 5) lower amount) column 12) (end of the yearfrom ! column 13 of last See note 1 below See note 2 below See note 3 below See note 4 below ‘ year's CCA 1’ , schedule) , at I an an as 207 an EH m at l , ,+ T .1 i A 1 t J 1 t t u . , i 1 l , l (15,0094 homoc lei-mm: 1.3300(150900 . llfoov flu / , 01000 13.64.on ~# ,,,,, A. . . + T r ' 1 T, T t) 8 ED 603 i100 X 18009 3‘ 'Loo .. 31.100 367. " " 172.40 13 760 ,. . . u. 7 fl. ,_ 4 _. l t a 7 , We 045‘ (we ‘ \ { :3 I" V" (0.1 3D 00.) / Lac? 30”“): ic‘cau “sol AX 000 4,500 r .._. A. a a L a J» T t T *1‘3 th‘boa ~— "’ \foogg " ($9090 " ,, (([Qroc (GQ'ICO _. ”T .i A» .f .1 T .1 T L— g ,L 1 3 V w . v y w LBJ) 3~Sooo 345-200 7.50.» « 130w + . .1 . — r’ T i T 'I' 1 Gone Hr ”‘3“? ‘31'00 (rat; finest L i $5.00 L_ ’fxo ; «“0 J”) 4: " T 1 4?? $ C; w b b r ‘ r04 3°‘ooo + L303“) lrKan (Yo-Do $3.1. ‘Koo {($230 . . , 1-» » . f k r ‘5 w t a on Q ,, b l v v e. .. - 3 5 7’ it- , 51> T rHo rRrr13'H' t7a 1 Jr? J p ,,,,,,,, _. ,_, F r . + f #T 1 T; L it) , c ......... at L .J J L L Note 1 include any property acquired in prewous years that has now become available for use This property would have been previously Totals 9;}90‘ ‘ ‘ excluded from column 3‘ List separately any acquisttions that are not subject to the 50% rule see Regulation 1100(2) and (22), s 3‘0 Note 2 include amounts transferred under section 85, or on amalgamation and winding~up of a subsidiary See the T2 Corporation Income 3 v 7., (000 Tax Gurde for other examples of adjustments to include in column 4. 7 Note 3 The net cost of acquisitions is the cost of acquisitions (column 3) plus or minus certain adjustments from column 4. For exceptions to Enter the total of column 10 on line 107 Of Schedule 1, S the 50% rule, see Interpretation Bulletin lT~285, Cap/tat CostAI/owance - General Comments. Enter the total Of column 11 on line 404 of Schedule 1‘ ,2 Note 4 lithe tax year is shorter than 365 days. prorate the CCA claim, Some classes of properly do not have to be prorated. See the T2 Enter the total of column 12 on line 403 of Schedule 1. ‘ ‘ 000 Corporation Income Tax Guide for more information, q Loos ~ ’L'LSJDOO- (“000 Canada ...
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