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Northwest Territories Tax
You have to complete this form for a trust resident in the Northwest Territories and for a non-resident trust that carries on a business through a permanent establishment in the Northwest Territories. Include a completed copy of this form with the trust's return. Taxable income (line 56 of the return)

T3NT
T3 2009

1

Step 1 ­ Northwest Territories tax on taxable income Testamentary trusts or grandfathered inter vivos trusts
Use the amount on line 1 to determine which one of the following columns you have to complete. more than $36,885, but not more than $73,772 more than $73,772, but not more than $119,936

If the amount from line 1 is: Enter the amount from line 1. Base amount Line 2 minus line 3 Rate Multiply the amount on line 4 by the rate on line 5. Tax on base amount Northwest Territories tax on taxable income (line 6 plus line 7) 2 3 4 5 6 7

$36,885 or less

more than $119,936 2 3 4 5 6 7 8

0 00
q i q e

36,885 00
q i q e q

73,772 00
q i q e q

119,936 00
q i q e q

5.9% 0 00

8.6% 2,176 00

12.2% 5,348 00

14.05% 10,981 00

8 q

Inter vivos trusts (other than grandfathered)
Northwest Territories tax on taxable income: Line 1 i 14.05% q 9

Step 2 ­ Donations and gifts tax credit
Line 17A of Schedule 11 14712 On the first $200 or less On the remainder Donations and gifts tax credit (line 10 plus line 11) Total donations and gifts i i 5.9% q 14.05% q e 14714 ½ q

10 11 12

Step 3 ­ Northwest Territories tax
Enter the amount from line 8 or line 9 above. Donations and gifts tax credit (line 12) Dividend tax credit Line 24 of Schedule 8 Line 31 of Schedule 8 Minimum tax carryover Line 30 of Schedule 11 Total credits (add lines 14 to 17) Subtotal (line 13 minus line 18. If negative, enter "0".) Northwest Territories additional tax for minimum tax purposes Subtotal (line 19 plus line 20) Northwest Territories foreign tax credit (from Form T2036, Provincial or Territorial Foreign Tax Credit) Total Northwest Territories political contributions 14721 Allowable political contribution tax credit (see instructions on back) Unused risk capital investment tax credit (complete the chart for line 25 on the back) Total credits (add lines 22, 24, and 25) Northwest Territories tax (line 21 minus line 26. If negative, enter "0".) Enter this amount on line 82 of the return. i i i 37.06% q 14718 ½ e 30% q 14715 ½ e 45% q 14716 ½ e q 15 16 17 q (Amount L from Chart 3 of Schedule 12) 14702 ½ e 14705 ½ q
14710 14701 ½

13

14

18 19 20 21

22 24 25 26
14740 ½ q

23
14720 ½ e

e q

27

T3NT E (09)

Northwest Territories Tax Instructions
What's new for 2009
The base amounts and the tax on base amounts have changed. See below for more information about the following amounts: allowable political contribution tax credit; and unused risk capital investment tax credit. Line 24 ­ Allowable political contribution tax credit A trust can deduct, from its taxes payable to the Northwest Territories, all or part of the amounts it paid to: a candidate seeking election to the Northwest Territories Legislative Assembly. Attach an official receipt to the return as proof of payment, and use the applicable column to calculate the allowable credit. Total political contributions in the year: Enter amount A on line 23. Contributions of $100 or less Amount A Contribution base Line 1 minus line 2 Credit rate Line 3 multiplied by line 4 Base credit Allowable credit ­ line 5 plus line 6 Enter this amount on line 24. 1 2 3 4 5 6 0 00 q i q e 100% 0 00 q i q e q A Contributions more than $100, but not more than $900 100 00 50% 100 00 500 00

Contributions over $900

7 q

Line 25 ­ Unused risk capital investment tax credit Unused risk capital investment tax credit from previous years Unused risk capital investment tax credit Amount from line 1 or $30,000, whichever is less Enter the amount from line 2 on line 25. Unused risk capital investment tax credit Line 1 minus line 2 Total credit available for carryforward
14756 14755 14753 ½

1 2

q

3

The trust may not need to use the entire amount of the unused credit to reduce the Northwest Territories tax payable to zero. In this case, it can carry forward the unused amount up to seven years after the year in which the investment was made.

If you have questions...
If you have questions about the Northwest Territories political contribution or risk capital investment tax credits, contact: Treasury Division Department of Finance Government of the Northwest Territories PO Box 1320 Yellowknife NT X1A 2L9 Telephone: 867-920-3470 or 1-800-661-0820 If you have questions about Northwest Territories tax and credits, visit the Canada Revenue Agency (CRA) Web site at www.cra.gc.ca, or call the CRA at 1-800-959-8281. To get forms, go to www.cra.gc.ca/forms, or call 1-800-959-2221.