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Protected B when completed
Answer the following required questions (continued)
If the trust answers yes to either question 13, 14 or 17 below, you do not need to complete a Schedule T3SCH15, Beneficial ownership
information of a trust.
Yes
No
13. Did the assets held in the trust consist only of those listed in paragraph 150(1.2)(b) with a total fair market value not exceeding
  $50,000 throughout the year? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1
2
14. Was the trust required under the relevant rules of professional conduct or the laws of Canada or a province to hold funds for the
  purposes of the activity that is regulated under those rules or laws? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1
2
  Note: This excludes trusts maintained as a separate trust for a particular client or clients.
15. Is the trust subject to the Excessive Interest and Financing Expenses Limitation (EIFEL) rules contained primarily in sections 18.2 and
18.21, or is it a party to any election under the EIFEL rules?
  If yes, complete Schedule T3SCH130 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1
2
 
16. Is the trust a unit trust as defined under subsection 108(2) where the fair market value of the units of the trust are listed on a
  designated stock exchange as defined under 127.55(f)(vi)? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1
2
 
17. Is the trust a trust, all the units of which are listed on a designated stock exchange as defined under 150(1.2)(h)? . . . . . . . . . . . .
1
2
 
  Step 2 – Calculating total income (see lines 1 to 14 in the guide)
   
    Taxable capital gains (line 45 of Schedule T3SCH1)   01    1
     
▲   Pension income (report CPP/QPP death benefits on line 13 below)   02   +  2
    Total of actual amount of dividends from taxable Canadian corporations
▲   (line 3 of Schedule T3SCH8)   03   +  3
    Actual amount of dividends other than eligible dividends
    from taxable Canadian corporations (line 1 of Schedule T3SCH8)   3A    
▲   Foreign investment income (line 6 of Schedule T3SCH8)   04   +  4
▲   Other investment income (line 12 of Schedule T3SCH8)   05   +  5
    Business income (from T2125)
    (see line 6 in the guide) Gross   96     Net   06   +  6
   
    Farming (from T2042) or
Fishing income (from T2121)
    (see line 7 in the guide) Gross   97     Net   07   +  7
   
    Rental income (from T776)
    (see line 8 in the guide) Gross   99     Net   09   +  8
   
    AgriInvest Fund 2 payments (see line 9 in the guide)   10   +  9
    (includes 101   Agrilnvest Fund 2 payments received while the
    beneficiary spouse or common-law partner is, or was, alive, or received by a
communal organization)		  
    Deemed dispositions income or losses (line 20 of Form T1055)   11   +  10
    Non-deductible or add-back amounts of interest and financing expenses
    (line 535 of Schedule T3SCH130)   12   +  11
      13    12
▲   Other income (specify and attach any information slips received)  
       
      +  
      +  
      19   = ► +  13
▲   Add lines 1 to 11 and 13 minus line 12. Trust's total income    20   = ►  14
   
 
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