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Businesses > Income tax > Corporations > Specific information > Forest producers > General information
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General information – Forest producers

Income from logging operations must be reported in both the Déclaration de revenus des sociétés (CO-17-T) and the Déclaration concernant les opérations forestières (CO-1179).

However, you must also complete and file the related form Partnership Income from Logging Operations (TP-1179.S-V)

  • if you are a member of a partnership that carries on logging operations; or
  • if you carry on logging operation or are a member of a partnership that carries on logging operations,

You may also be entitled to claim a property tax refund and to deduct your employment expenses.

You may also be entitled to claim a property tax refund and to deduct your employment expenses.

For more information, refer to the brochure Employment Expenses (IN-118-V).

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