Taxation Info-Guide

The following Info-Guide is a document designed to help you navigate through the different government programs, services and regulations dealing with taxation, and identify those of interest. Although most of the questions will be answered in the Info-Guide, the list is by no means exhaustive. The selected items provide a helpful overview of programs, services and regulations in a related area. This blended product of both federal and provincial information is developed to answer a growing demand for strategic information by business people. Municipal and other non-government information could be included, depending on the content and region. Further information on these programs, services and regulations can be obtained through any of the following:

• calling the telephone numbers listed under the program descriptions;
• visiting the Web sites listed under the program descriptions;
• calling the CBSC and speaking with one of the information agents; or
• visiting the CBSC  Web site at http://www.cbsc.org/nl

TABLE OF CONTENTS

CONTENTS
Financial Assistance
Information Services                
Management Services
Regulations

FINANCIAL ASSISTANCE

Scientific Research and Experimental Development (SR&ED) Program - Canada Revenue Agency (CRA)

The federal government provides income tax incentives to Canadian taxpayers that conduct scientific research and experimental development (SR&ED) in Canada. The program encourages industry, including small business and start-up firms, to develop technologically advanced products and processes in Canada.

Claimants can apply for SR&ED investment tax credits for expenditures such as wages, materials, machinery, equipment, some overhead, and SR&ED contracts.

For further information, see Document No. 2140 or visit the Web site at
http://www.ccra-adrc.gc.ca/E/pub/tg/405295et/405295e.txt.html

INFORMATION SERVICES

Finance and Taxation Information for Enterprises - Statistics Canada

Statistics Canada maintains financial and taxation information on incorporated enterprises operating in Canada.

For further information, please call 1-800-263-1136, see Document No.1822 or visit the Web site at http://www.statcan.ca

Forms and Publications -- Internet Ordering Service - Canada Revenue Agency (CRA)

If you would like to order a paper copy of one of Canada Revenue Agency's forms or publications, please complete their on-line Order form.

For further information, please call 1-800-959-2221. See Document No. 2768 or visit the Web site at  http://www.ccra-adrc.gc.ca/formspubs/menu-e.html

Guide for Canadian Small Businesses - Canada Revenue Agency (CRA)

This guide fosters the growth of small businesses and helps them comply with tax and customs legislation. The guide is targeted primarily at new and prospective small businesses. It provides a comprehensive overview of tax- and customs related information that established small businesses may also find useful.

For further information, see Document No. 2642 or visit the Web site at
http://www.ccra-adrc.gc.ca/E/pub/tg/rc4070ed/rc40701-e.html

Services of the Income Tax Rulings and Interpretations Directorate - Canada Revenue Agency (CRA)

Canada Revenue Agency Income Tax  Rulings and Interpretations Directorate interprets the provisions of the Income Tax Act and related statutes. Staff also establish the Canada Revenue Agency's policy regarding the interpretation of the act.

For further information, see Document No. 1191 or visit the Web site at
http://www.ccra-adrc.gc.ca/E/pub/tp/ic70-6r3eq/README.html

Tables on Diskette - TOD -- Payroll Deductions - Canada Revenue Agency (CRA)

Tables on Diskette (TOD) is an electronic version of the payroll deductions tables. TOD calculates the income tax, CPP and EI contributions that the Canada Revenue Agency requires an employer to withhold from an employee's income.

For further information, see Document No.1890 or visit the Web site at http://www.ccra-adrc.gc.ca/menu/EmenuHSG.html

MANAGEMENT SERVICES

Business Window - Canada Revenue Agency (CRA)

Businesses can get one-stop service at Business Windows in most Canada Revenue Agency offices. Service is offered at the counter, or by telephone or fax for the four Business Number (BN) accounts (i.e. corporate income tax, import/export, payroll deductions and GST). Business Window staff can also put business clients in touch with the right contact for other Canada Revenue Agency business programs.

For further information, see Document No. 1859 or visit the Web site at
http://www.ccra-adrc.gc.ca/E/pub/en/new20ine/new20ine.html

New Employer Visits - Canada Revenue Agency (CRA)

Personalized visits to new employers help them to understand withholding procedures and to solve any source deduction problems they may have.

For further information, or see Document No. 1106.

Social Insurance Number (SIN) - Human Resources and Skills Development (HRSD)

The Social Insurance Registration Program was developed to register people for two federal government programs, namely, Employment Insurance (EI) and Canada Pension Plan (CPP).

For further information, please contact your local Human Resources and Skills Development, or see Document No. 1522.

REGULATIONS

Business Number (BN) - Canada Revenue Agency (CRA)

The Business Number (BN) replaces the many numbers businesses need to deal with government, thus helping reduce costs and increase competitiveness. The BN increases government efficiency and helps it deliver one-stop service at Business Windows. This program contains information about which accounts a business may need and how to complete a request for a Business Number.

For further information, see Document No.1860 or visit the Web site at
http://www.ccra-adrc.gc.ca/menu/EmenuHAA.html

Excise Taxes and Excise Duties - Canada Border Services Agency (CBSA)

When goods are manufactured in Canada, excise tax is payable at the time the goods are delivered to the purchaser. When goods are imported, excise tax is payable by the importer, at the time the goods are imported.

Excise duties are charged on spirits, beer, and tobacco products manufactured in Canada. The Excise Act sets out the rates of duty for these goods.  

For further information, see Document No. 2746 or visit the Web site at
http://www.ccra-adrc.gc.ca/menu/EmenuKWA.html

Goods and Services Tax and Harmonized Sales Tax - GST/HST - Canada Revenue Agency (CRA)

The Goods and Services Tax (GST)/Harmonized Sales Tax (HST) are multi-stage taxes that apply to most transactions throughout the production and marketing process.

For further information, see Document No. 1122 or visit the Web site at
http://www.ccra-adrc.gc.ca/menu/EmenuKZW.html

Income Tax Returns: T1 General - Canada Revenue Agency (CRA)

All individuals use the T1 General return to report income and determine their income tax obligations under the laws of Canada and of all provinces and territories, except Quebec. (Quebec residents must use a separate provincial return for their provincial income taxes.)

Non-incorporated self-employed individuals can also use the T1, along with supplementary guides, to determine their personal income tax obligations.

For further information, see Document No. 1111 or visit the Web site at
http://www.ccra-adrc.gc.ca/menu/EmenuLBA.html

Income Tax Returns: the T2 Corporation Income Tax Return and the T2 Short Return - Canada Revenue Agency (CRA)

The T2 Corporation Income Tax Return is an eight-page return that serves as a federal and provincial/ territorial corporation income tax return. Exceptions: corporations located in Quebec, Ontario or Alberta. If the corporation is located in one of these provinces, it has to file a separate provincial corporate return.

The T2 Short is a two-page return designed for small, non-taxable corporations with a gross annual income of $500 000 or less.

For further information, see Document No. 1110 or visit the Web site at
http://www.ccra-adrc.gc.ca/E/pbg/tf/t2ep/README.html

Objections and Appeals - Canada Revenue Agency (CRA)

The Income Tax Act and the Excise Tax Act allow taxpayers to formally dispute a tax assessment. Canada Customs and Revenue Agency appeals officers then impartially review the assessment.

For further information, see Document No. 1104 or visit the Web site at
http://www.ccra-adrc.gc.ca/menu/EmenuKTF.html

Trust Accounts Division - Canada Revenue Agency (CRA)

The Trust Accounts Division works to ensure that employers and workers meet the withholding, remitting and reporting requirements of theIncome Tax Act, the Canada Pension Plan, the Employment Insurance Act and the Excise Tax Act.-

It also ensures they meet the requirements for provincial tax withheld at source, for all provinces except Quebec.

For further information, see Document No. 1099 or visit the Web sites at http://www.ccra-adrc.gc.ca/menu/EmenuHSA.html

DISCLAIMER
Information contained in this document is of a general nature only and is not intended to constitute advice for any specific fact situation. Users concerned about the reliability of the information should consult directly with the source, or seek legal counsel.

Links Policy
Some of the hypertext links lead to non-federal government sites which are not subject to the Official Languages Act and the material is available in one language only.