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Canada Revenue Agency |
Agence du revenu du Canada |
Protected B when completed | ||||||||||||||||||||||||||||||||||
| 03 | |||||||||||||||||||||||||||||||||||||
| Employees' Pension Plan Income Tax Return | |||||||||||||||||||||||||||||||||||||
| Unless otherwise stated, each legislative reference in this return is to the Income Tax Act. | Do not use this area. | ||||||||||||||||||||||||||||||||||||
| As a trustee of a trusteed pension plan or as a pension corporation that administers a pension plan, you have to complete this form every year. Complete all applicable schedules. Enter "Nil" in any area of a schedule that does not apply. |
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| Custodial trustees whose only function is to hold individual annuity contracts and who are not the trustees of a pension plan should not complete this form. When a trustee does not act as administrator of the pension plan, the trustee is still responsible for obtaining and reporting the required information on this form. |
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| Attach a statement of the pension plan's assets and liabilities as at the end of the tax year and a reconciliation of the year -end balance in the plan with that of the immediately preceding year. If the conditions outlined in the instructions to Schedule 2 are met, we will accept a completed Schedule 2 instead of these financial statements. |
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| Send one completed T3P return, along with any payment owing and the required financial statements, no later than 90 days from the end of the tax year. Tax year refers to the calendar year for a trust and to the fiscal period for a pension corporation. If you do not file this return on time, we will charge penalties and interest on any amount owing. |
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| If the plan is not registered under the Income Tax Act throughout its period of operation or existence during the tax year, the income may be taxable. To report taxable income or claim a Part XII.2 tax credit, complete the T3 Trust Income Tax and Information Return. |
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| If this return is being filed for a trust, as a trustee you may be required to file a T3 Schedule 15 - Beneficial ownership information of a trust, along with a T3-RCA Retirement Compensation Arrangement (RCA) Part XI.3 Return, or a T3RET T3 Trust Income Tax and Information Return. For more information, refer to T4013, T3 Trust Guide. |
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| You can get a copy of Guide T4013, T3 Trust Guide and the T3 Trust Forms from our Web site at canada.ca/cra-forms-publications or by calling 1-800-959-8281. |
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| Identification and other information | |||||||||||||||||||||||||||||||||||||
| Is this an amended return? | 1 | Yes | 2 | No | Is this return a first year filing? | 1 | Yes | 2 | No | Tax year of return | |||||||||||||||||||||||||||
| Name of plan | Account number (if one has been assigned) | ||||||||||||||||||||||||||||||||||||
| T | |||||||||||||||||||||||||||||||||||||
| Province or territory of residence of the plan | Plan registration number | Your language of correspondence: | |||||||||||||||||||||||||||||||||||
| English | French | ||||||||||||||||||||||||||||||||||||
| Trustee information (Choose only one of the two following options and fill in the required information about the trustee or pension corporation.) | |||||||||||||||||||||||||||||||||||||
| Enter only the information of the trustee that is the CRA's primary contact. Do not enter information for any other trustees. | |||||||||||||||||||||||||||||||||||||
| Option 1 – The trustee is an Individual (For example, a trustee, a filer, a custodian, an executor, a liquidator, or an administrator) | |||||||||||||||||||||||||||||||||||||
| First name of trustee | Last name of trustee | Telephone number | |||||||||||||||||||||||||||||||||||
| Address | City | Province/Territory or State | Country | Postal or ZIP code | |||||||||||||||||||||||||||||||||
| Option 2 – The trustee is a Non-individual (For example, a corporation, a partnership, or a trust company) | |||||||||||||||||||||||||||||||||||||
| Name of non-individual trustee | |||||||||||||||||||||||||||||||||||||
| First name of contact person | Last name of contact person | Telephone number | |||||||||||||||||||||||||||||||||||
| Address | City | Province/Territory or State | Country | Postal or ZIP code | |||||||||||||||||||||||||||||||||
| Information about the trust | |||||||||||||||||||||||||||||||||||||
| Address where the trust or pension corporation keeps its books and records (if different from trustee's address) | City | ||||||||||||||||||||||||||||||||||||
| Province/Territory or State | Country | Postal or ZIP code | |||||||||||||||||||||||||||||||||||
| Give the date the trust came into existence | ► | Give the date the trust | ► | ||||||||||||||||||||||||||||||||||
| (effective date of registration) | Year Month Day | ceased to exist | Year Month Day | ||||||||||||||||||||||||||||||||||
| Did the trust also file a related T3RET, T3 Trust | If yes, provide the related | ||||||||||||||||||||||||||||||||||||
| Income Tax and Information Return? | Yes | 1 |
No | 2 |
trust account number. | T | |||||||||||||||||||||||||||||||
| If the trust or pension corporation transferred the plan assets to a new trust, pension corporation, or insurance company, give the name of the new trust, pension corporation, or insurance company, and the date the funds were transferred. |
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| Name of new trust, pension corporation, or insurance company | Year Month Day | ||||||||||||||||||||||||||||||||||||
| T3P E (23) | (Ce formulaire est disponible en français.) | Page 1 of 2 |  |
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| Protected B when completed | |||||||||||||||||||||||||||||||||||||
| Summary of tax or refund | |||||||||||||||||||||||||||||||||||||
| Tax payable under subsection 207.1(5) on agreements to acquire shares (amount from line 5) | 190 | •1 | |||||||||||||||||||||||||||||||||||
| Minus: Payments on account | 010 | – | •2 | ||||||||||||||||||||||||||||||||||
| Balance owing or refund (line 1 minus line 2) | 090 | = | •3 | ||||||||||||||||||||||||||||||||||
| If the result is positive, you have a balance owing. If the result is negative, you have a refund. | |||||||||||||||||||||||||||||||||||||
| Generally, we do not charge or refund a difference of $2 or less. | |||||||||||||||||||||||||||||||||||||
| Amount enclosed | 095 | •4 | |||||||||||||||||||||||||||||||||||
| Refund code (see the guide for details) | 102 | 5 | |||||||||||||||||||||||||||||||||||
| Balance owing: Attach a cheque or money order payable to the Receiver General. Do not mail cash. | |||||||||||||||||||||||||||||||||||||
| Refund: To receive a refund by direct deposit, complete Form T3-DD, Direct Deposit Request for T3. | |||||||||||||||||||||||||||||||||||||
| Schedule 1 – Tax under subsection 207.1(5) on agreements to acquire shares | |||||||||||||||||||||||||||||||||||||
| If the trust or pension corporation entered into an agreement (other than for the acquisition, or the writing by it, of an option listed on a designated stock exchange) to acquire shares of the capital stock of a corporation (other than from the corporation) at a price different from the fair market value when acquired, it may have to pay tax under subsection 207.1(5). |
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| If this is the case, complete Form T2000, Calculation of Tax on Agreements to Acquire Shares, and attach it to this return. Enter the amount determined on Form T2000 on line 5 below. |
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| Tax on agreements to acquire shares (enter this amount on line 1) | 241 | 6 | |||||||||||||||||||||||||||||||||||
| Schedule 2 – Receipts and disbursements (including capital gains and losses) of the pension plan in the tax year | |||||||||||||||||||||||||||||||||||||
| Complete this schedule by listing all disbursements and losses, and all receipts and gains. We will accept a completed Schedule 2 instead of financial statements if all the contributions, forfeitures, and income the trustees or pension corporation received were both: |
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| • | invested in life insurance, annuity, deposit administration, or segregated fund contracts (with an insurance company or the Annuities Branch, Employment Insurance Commission) |
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| • | held by the trust or pension corporation | ||||||||||||||||||||||||||||||||||||
| Disbursements and losses | Receipts and gains | ||||||||||||||||||||||||||||||||||||
| Pension benefits paid | $ | Employees' current service contributions | $ | ||||||||||||||||||||||||||||||||||
| Annuities purchased in settlement of pension benefits | Employees' past service contributions | $ | |||||||||||||||||||||||||||||||||||
| (subsection 147.4(1)) | $ | Employers' current service contributions | $ | ||||||||||||||||||||||||||||||||||
| Administration costs and expenses | Employers' past service contributions | $ | |||||||||||||||||||||||||||||||||||
| incurred in earning income | $ | Investment income (interest, dividends, etc.) | $ | ||||||||||||||||||||||||||||||||||
| Capital losses | $ | Capital gains | $ | ||||||||||||||||||||||||||||||||||
| Other disbursements (specify) | $ | Other (specify) | $ | ||||||||||||||||||||||||||||||||||
| Total disbursements and losses | $ | Total receipts and gains | $ | ||||||||||||||||||||||||||||||||||
| Minus: Total disbursements and losses | $ | ||||||||||||||||||||||||||||||||||||
| Net increase (decrease) in the pension plan | $ | ||||||||||||||||||||||||||||||||||||
| Certification | |||||||||||||||||||||||||||||||||||||
| I, | , certify that the information given on this return and in any attached documents is correct, complete and fully | ||||||||||||||||||||||||||||||||||||
| (Print name) | discloses all of my income. | ||||||||||||||||||||||||||||||||||||
| Signature of trustee or trust company official | Position or office (if trustee is a corporation) | Telephone number | Date (YYYY MM DD) | ||||||||||||||||||||||||||||||||||
| How to file this return | |||||||||||||||||||||||||||||||||||||
| By internet | By mail | ||||||||||||||||||||||||||||||||||||
| You have the option to file this return through EFILE. For more information about this filing method, go to canada.ca/efile. |
Sudbury Tax Centre T3 Trust Returns Program Canada Revenue Agency 1050 Notre Dame Avenue Sudbury ON P3A 6C2 |
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| Personal information (including the SIN) is collected and used to administer or enforce the Income Tax Act and related programs and activities including administering tax, benefits, audit, compliance, and collection. The information collected may be disclosed to other federal, provincial, territorial, aboriginal or foreign government institutions to the extent authorized by law. Failure to provide this information may result in paying interest or penalties, or in other actions. Under the Privacy Act, individuals have a right of protection, access to and correction of their personal information, or to file a complaint with the Privacy Commissioner of Canada regarding the handling of their personal information. Refer to Personal Information Bank CRA PPU 015 on Information about Programs and Information Holdings at canada.ca/cra-information-about-programs. |
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