| Protected B when completed | ||||||||||||||
| Part A – Calculating the current year refundable ITC | ||||||||||||||
| Scientific research and experimental development | ||||||||||||||
| ITC for qualified expenditures for SR&ED (amount from line 559 of Form T661 plus applicable amount from box 41* of your T3 slip, |
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| minus amounts from lines 67130 and 67135) . . . . . . . . . . . . . . . . . . . . . . | 67120 | x 0.15 = | 1 | |||||||||||
| 80% of total contributions made to agricultural organizations | ||||||||||||||
| 总投资. . . . . . . . . . . . . . . . . . . . | 67130 | x 0.15 = | 2 | |||||||||||
| ITC allocated from a partnership for SR&ED (see boxes 186, 187 and 189 of your T5013 slips) . . . . . . . . . . . . | 67135 | 3 | ||||||||||||
| Qualified property | ||||||||||||||
| ITC for total investments in qualified property (include applicable | ||||||||||||||
| amount from box 41* of your T3 slip) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 67140 | x 0.10 = | 4 | |||||||||||
| Total current-year refundable credits (add amounts 1 to 4) | ||||||||||||||
| Enter amount A in column 2 in Part F . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | = | A | ||||||||||||
| * Enter the amount from box 41 of your T3 slip as applicable, based on the code in box 43 in Guide T4013, T3 Trust Guide, and the instructions provided in the statement by the trust. |
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| Part B – Calculating the current-year non-refundable ITC | ||||||||||||||
| Mineral exploration tax credit (METC) | ||||||||||||||
| Total of your flow-through mining expenditures related to mineral exploration tax credit (also referred to as renounced Canadian exploration expenses) from the appropriate line in Part IV of Form T1229, Statement of resource expenses and depletion |
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| allowance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 67170 | x 0.15 = | B | |||||||||||
| For more information about METC, see page 2. | ||||||||||||||
| Critical mineral exploration tax credit (CMETC) | ||||||||||||||
| Total of your flow-through critical mineral mining expenditures related to critical mineral exploration tax credit (also referred to as renounced Canadian exploration expenses) from the appropriate line in Part IV of Form T1229, Statement of resource expenses and |
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| depletion allowance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 67175 | x 0.30 = | C | |||||||||||
| For more information about CMETC, see page 2. | ||||||||||||||
| Apprenticeship job creation tax credit (AJCTC) | ||||||||||||||
| If your apprentice works for you and also works for a related employer as defined under subsection 251(2) of the Act, all related employers have to agree in writing that you are the only employer who will be claiming the apprenticeship job creation tax credit for this tax year for each apprentice whose contract number, social insurance number (SIN), or name appears below. |
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| For each apprentice in their first 24 months of the apprenticeship, enter the apprenticeship contract number registered with Canada, or a province or territory of Canada, under an apprenticeship program designed to certify or license individuals in the trade. If there is no contract number, enter the SIN or the name of the eligible apprentice. Then, enter the name of the eligible trade and the eligible salary and wages* payable in the year in respect of employment after May 1, 2006. The credit is 10% of the total of the amounts in Table 1, column 3. Attach a note if more space is needed. |
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| Table 1 – Calculation of total Apprenticeship job creation tax credit | ||||||||||||||
| 1 Contract number (SIN or name of apprentice) |
2 Name of eligible trade |
3 The lesser of eligible salary and wages* payable in the year or $20,000. |
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| 1 | ||||||||||||||
| 2 | ||||||||||||||
| 3 | ||||||||||||||
| Total apprenticeship job creation tax credit (Total of amounts in | ||||||||||||||
| column 3 plus applicable amount from box 40** of your T3 slip). . . . | 67180 | x 0.10 = | D | |||||||||||
| Total current-year non-refundable tax credits (add amounts B, C, and D) | ||||||||||||||
| Enter amount E at amount 3 in Part D . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | E | |||||||||||||
| * Net of any government or non-government assistance received or to be received in respect of eligible salary and wages. | ||||||||||||||
| ** Enter the amount from box 40 of your T3 slip as applicable, based on the code in box 43 in Guide T4013, T3 Trust Guide, and the instructions provided in the statement by the trust. |
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| T2038(IND) E (23) | Page 5 of 9 | |||||||||||||
| Protected B when completed | ||||||||||||||
| Part C – Recapture | ||||||||||||||
| Recapture – ITC on SR&ED expenditures | ||||||||||||||
| Amount of expenditure on which ITC earned at 15% (after 2013) is recaptured. Do not enter more than the amount of the |
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| original expenditure . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 67193 | x 0.15 = | 1 | |||||||||||
| Amount of expenditure on which ITC earned at 20% (before 2014) is recaptured. Do not enter more than the amount of the |
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| original expenditure . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 67195 | x 0.20 = | 2 | |||||||||||
| Total recapture of investment tax credit on SR&ED expenditures (add amounts 1 and 2) . . . . . . . . . . . . | 3 | |||||||||||||
| Recapture – ITC for child care spaces | ||||||||||||||
| If, at any time within 60 months of the day that you create a new child care space, that space is no longer available, or if the property acquired for a child care space is leased for any purpose or converted to another use, we will recover the ITC for that space or property. |
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| If only child care spaces are disposed of, enter the amount originally claimed for those spaces . . . . . . . . . | 4 | |||||||||||||
| If property other than child care spaces is disposed of, the amount will be the lesser of: | ||||||||||||||
| The amount originally claimed for ITC for the property disposed of . . . . . . . . . . . . . | 5 | |||||||||||||
| 25% of the proceeds of disposition of the eligible property | ||||||||||||||
| (or 25% of fair market value if disposed of to a non-arm's length party) . . . . . . . . . | 6 | |||||||||||||
| Enter amount 5 or 6, whichever is less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 7 | |||||||||||||
| Total recapture of investment tax credit for child care spaces (add amounts 4 and 7) . . . . . . . . . . . . . . | 67197 | |||||||||||||
| Total recaptured credits (add amount 3 and the amount on line 67197) | ||||||||||||||
| Enter this amount on the Recapture of investment tax credit* line | ||||||||||||||
| of your income tax and benefit return . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 8 | |||||||||||||
| * Line 128 for all provinces and territories, except Quebec and non-residents and deemed residents of Canada. | ||||||||||||||
| Line 132 for the federal Quebec returns. | ||||||||||||||
| Line 133 for the non-residents and deemed residents of Canada return. | ||||||||||||||
| For more information, see the Federal Income Tax and Benefit Guide. | ||||||||||||||
| T2038(IND) E (23) | Page 6 of 9 | |||||||||||||