Free untitled - Canada

T3 ­

SCHEDULE 8

INVESTMENT INCOME, CARRYING CHARGES, AND GROSS-UP AMOUNT OF DIVIDENDS RETAINED BY THE TRUST NOTE: In this form, the text inserted between square brackets represents the regular print information. Enter the applicable tax year in the box above. Include a completed copy of this schedule with the trust's return.

Part A ­ Calculating investment income and carrying charges
Include any information slips received. Enter the names of the payers at the appropriate lines on the following pages [below]. If there is not enough space, attach a separate sheet. Include amounts credited through agencies such as banks, trust companies, and brokers.

continue on next page
T3 SCH 8 ­ 1

Dividends from taxable Canadian corporations Actual amount of dividends other than eligible dividends from taxable Canadian corporations (box 23 of T3 slip or box 10 of T5 slip) Actual amount of eligible dividends from specified taxable Canadian corporations (box 49 of T3 slip or box 24 of T5 slip)

8110

1

8120

+ =

2 3

Total of the actual amount of dividends from taxable Canadian corporations (line 1 plus line 2) Enter the amount from line 3 on line 03 of the T3 return. Foreign investment income Interest from foreign sources Other foreign investment income Total foreign investment income (line 4 plus line 5) Enter the amount from line 6 on line 04 of the T3 return.
T3 SCH 8 ­ 2

4

+ =

5 6

Other investment income Interest Bonds, trust companies, banks Other deposits 7

+
Mortgages, notes, and other securities Other dividends (including dividends received under a dividend rental arrangement) Other

8 9 10 11 12

+ + +

Total other investment income (add lines 7 to 11.)

=

Enter the amount from line 12 on line 05 of the T3 return.

continue on next page
T3 SCH 8 ­ 3

Carrying charges and interest expenses
Interest on money borrowed to earn investment income Management, safe custody, or accounting fees 8170 Investment counsel fees Other 8190 Total carrying charges (add lines 13 to 16.) 8180 8160 13

+ + + =

14 15 16 17

Enter the amount from line 17 on line 21 of the T3 return.

T3 SCH 8 ­ 4

Part B ­ Calculating the gross-up amount of dividends retained or not designated by the trust
Total eligible dividends reported before applying expenses (line 2 on page 2 [above] ) Eligible dividends designated to beneficiaries (line 949, Part A of Schedule 9) Total eligible dividends not designated by the trust (line 18 minus line 19) Eligible dividends allocated, but not designated, to non-resident beneficiaries (eligible dividends from line 926, Column 2 of Schedule 9) Total eligible dividends available for gross-up (line 20 minus line 21) Multiply line 22 by 45%. 18

­ =

19 20

8239

­ = ×
45%

21 22 23

continue on next page
T3 SCH 8 ­ 5

Gross-up amount of eligible dividends retained or not designated by the trust

=
24

Total dividends other than eligible dividends reported before applying expenses (line 1 on page 2 [above] ) Dividends other than eligible dividends designated to beneficiaries (line 923, Part A of Schedule 9) Total dividends other than eligible dividends not designated by the trust (line 25 minus line 26) Dividends other than eligible dividends allocated, but not designated, to non-resident beneficiaries (dividends other than eligible dividends from line 926, Column 2 of Schedule 9)

25

­ =

26 27

8240

­

28

T3 SCH 8 ­ 6

Total dividends other than eligible dividends available for gross-up (line 27 minus line 28) Multiply line 29 by 25%. Gross-up amount of dividends other than eligible dividends retained or not designated by the trust

= ×
25%

29 30

= +
31 32

Total gross-up amount of dividends retained or not designated by the trust (line 24 plus line 31)

=

Enter the amount from line 24 on line 24 of Schedule 11, "Federal Income Tax". Enter the amount from line 31 on line 25 of Schedule 11. Enter the amount from line 32 on line 19 of Schedule 12, "Minimum Tax", if applicable, and on line 49 of the T3 return.

T3 SCH 8 ­ 7