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

T3NU
T3 2009

1

Step 1 ­ Nunavut 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 $38,832, but not more than $77,664 more than $77,664, but not more than $126,264

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 Nunavut tax on taxable income (line 6 plus line 7) 2 3 4 5 6 7

$38,832 or less

more than $126,264 2 3 4 5 6 7 8

0 00
q i q e

38,832 00
q i q e q

77,664 00
q i q e q

126,264 00
q i q e q

4% 0 00

7% 1,553 00

9% 4,272 00

11.5% 8,646 00

8 q

Inter vivos trusts (other than grandfathered)
Nunavut tax on taxable income: Line 1 i 11.5% q 9

Step 2 ­ Donations and gifts tax credit
Line 17A of Schedule 11 13712 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 4% q 11.5% q e 13714 ½ q

10 11 12

Step 3 ­ Nunavut 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".) Nunavut additional tax for minimum tax purposes Subtotal (line 19 plus line 20) Nunavut foreign tax credit (from Form T2036, Provincial or Territorial Foreign Tax Credit) Total Nunavut political contributions 13620 Allowable political contribution tax credit (see instructions on back) Unused risk capital investment tax credit (see instructions on back) Total credits (add lines 22, 24, and 25) Nunavut tax (line 21 minus line 26. If negative, enter "0".) Enter this amount on line 82 of the return. i i i 20% q 13718 ½ e 20% q 13715 ½ e 45% q 13716 ½ e q 15 16 17 q (Amount K from Chart 3 of Schedule 12) 13702 ½ e 13705 ½ q
13550 13701 ½

13

14

18 19 20 21

22 24 25 26
13700 ½ q

23
13610 ½ e

e q

27

T3NU E (09)

Nunavut 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 Nunavut, all or part of the amounts it paid to: a candidate seeking election to the Nunavut 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

Contributions over $900

7 q

500 00

Line 25 ­ Unused risk capital investment tax credit A trust can claim the following unused Nunavut tax credits: labour-sponsored venture capital corporation tax credit; community-endorsed venture capital corporation tax credit; and territorial business corporation direct investment tax credit. The trust may not need to use the entire amount of the unused credit to reduce the territorial 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 the trust wants to carry a credit forward, include a letter with the trust's return telling us: the amount of the carryforward; the year(s) of the original investment; and the year(s) to which the trust wants the credit applied. On line 25 of this form, enter the amount of the unused risk capital investment tax credit from previous years or $30,000, whichever is less.

If you have questions...
If you have questions about Nunavut tax credits, contact: Department of Finance Government of Nunavut PO Box 2260 Iqaluit NU X0A 0H0 Telephone: 867-975-5800 Fax: 867-975-5845 If you have questions about Nunavut tax, 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.