Free untitled - Canada

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

T3YT
T3 2009

1

Step 1 ­ Yukon 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 $40,726, but not more than $81,452 more than $81,452, 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 Yukon tax on taxable income (line 6 plus line 7) 2 3 4 5 6 7

$40,726 or less

more than $126,264 2

0 00
q i q e

40,726 00
q i q e q

81,452 00
q i q e q

126,264 00
q i q e q

3 4 5 6 7 8

7.04% 0 00

9.68% 2,867 00

11.44% 6,809 00

12.76% 11,936 00

8 q

Inter vivos trusts (other than grandfathered)
Yukon tax on taxable income: Line 1 i 12.76% q 9

Step 2 ­ Donations and gifts tax credit
Total donations and gifts Line 17A of Schedule 11 14812 On the first $200 or less On the remainder Donations and gifts tax credit (line 10 plus line 11) i i 7.04% q 12.76% q e 14814 ½ q

10 11 12

Step 3 ­ Yukon 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".) Yukon additional tax for minimum tax purposes Subtotal (line 19 plus line 20) Surtax Subtotal (line 21 plus line 22) (Line 21 i i i 35.44% q 14818 ½ e 22.24% q 14815 ½ e 44% q 14816 ½ e q 15 16 17 q (Amount M from Chart 3 of Schedule 12) 14802 ½ e 14805 ½ q minus $6,000) i 5% q 14790 ½ e q
14810 14801 ½

13

14

18 19 20 21 22 23

Yukon foreign tax credit (from Form T2036, Provincial or Territorial Foreign Tax Credit) Total Yukon political contributions 14821 Allowable political contribution tax credit (see instructions on back) Total credits (line 24 plus line 26) Yukon tax (line 23 minus line 27. If negative, enter "0".) Enter this amount on line 82 of the return.

24 26 27
14840 ½ q

25
14820 ½ e

q

28

T3YT E (09)

Yukon 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 Yukon research and development tax credit. Line 26 ­ Allowable political contribution tax credit A trust can deduct, from its taxes payable to Yukon, part of the amounts it paid to: a registered political party of the territory; or a candidate seeking election to serve in the 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 25.

A

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 26. 1 2 3 4 5 6 7 0 00 75% 0 00

Contributions more than $100, but not more than $550 100 00 50% 75 00

Contributions more than $550, but not more than $1,150 550 00 33.33% 300 00

Contributions over $1,150

500 00

Yukon research and development tax credit Claim this credit on line 91 of the trust's return. On line 91, enter the amount of credit from Form T1232, Yukon Research and Development Tax Credit (Individuals), and include a copy of the form with the return.

If you have questions...
If you have questions about Yukon tax credits, contact: Department of Finance Government of Yukon 2071 2nd Avenue, 3rd floor PO Box 2703 Whitehorse YT Y1A 2C6 Telephone: 867-667-5343 or 1-800-661-0408 If you have questions about Yukon 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.