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Canada Revenue Agency 
 
T3 SCH 8 E (10) 
 
SCHEDULE 8 
 
INVESTMENT INCOME, CARRYING CHARGES, AND GROSS-UP AMOUNT OF DIVIDENDS 
RETAINED BY THE TRUST 
 
T3 Year ^
 
- 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 below. If there is 
not enough space, attach a separate sheet. 
 
- Include amounts credited through agencies such as banks, trust companies, 
and brokers. 
 
Dividends from taxable Canadian corporations 
 
Line 1 and line 8110: Actual amount of dividends other than eligible 
dividends from taxable Canadian corporations (box 23 of T3 slip or box 10 of 
T5 slip) ^
 
Line 2 and line 8210: Actual amount of eligible dividends from specified 
taxable Canadian corporations (box 49 of T3 slip or box 24 of T5 slip) ^
 
Line 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 
 
Line 4: Interest from foreign sources ^
 
Line 5: Other foreign investment income ^
 
Line 6: Total foreign investment income (line 4 plus line 5) = ^
Enter the amount from line 6 on line 04 of the T3 return. 
 
Other investment income 
 
Interest: 
Line 7: Bonds, trust companies, banks ^
 
Line 8: Other deposits ^
 
Line 9: Mortgages, notes, and other securities ^
 
Line 10: Other dividends (including dividends received under a dividend 
rental arrangement) ^
 
Line 11: Other ^
 
Line 12: Total other investment income (add lines 7 to 11) = ^
Enter the amount from line 12 on line 05 of the T3 return. 
 
Carrying charges and interest expenses 
 
Line 13 and line 8160: Interest on money borrowed to earn investment income ^
 
Line 14 and line 8170: Management, safe custody, or accounting fees ^
 
Line 15 and line 8180: Investment counsel fees ^
 
Line 16 and line 8190: Other ^
 
Line 17: Total carrying charges (add lines 13 to 16) = ^
Enter the amount from line 17 on line 21 of the T3 return. 
 
Part B - Calculating the gross-up amount of dividends retained or not 
designated by the trust 
 
Line 18: Total eligible dividends reported before applying expenses (line 2 
above) ^
 
Line 19: Eligible dividends designated to beneficiaries (line 949, Part A of 
Schedule 9) ^
 
Line 20: Total eligible dividends not designated by the trust (line 18 minus 
line 19) = ^
 
Line 21 and line 8239: Eligible dividends allocated, but not designated, to 
non-resident beneficiaries (eligible dividends from line 926, Column 2 of 
Schedule 9) ^
 
Line 22: Total eligible dividends available for gross up (line 20 minus line 
21) = ^
 
Line 23: Multiply line 22 by 44%. 
 
Line 24: Gross-up amount of eligible dividends retained or not designated by 
the trust = ^
 
Line 25: Total dividends other than eligible dividends reported before 
applying expenses (line 1 above) ^
 
Line 26: Dividends other than eligible dividends designated to beneficiaries 
(line 923, Part A of Schedule 9) ^
 
Line 27: Total dividends other than eligible dividends not designated by the 
trust (line 25 minus line 26) = ^
 
Line 28 and line 8240: 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) ^
 
Line 29: Total dividends other than eligible dividends available for gross up 
(line 27 minus line 28) = ^
 
Line 30: Multiply line 29 by 25%. 
 
Line 31: Gross-up amount of dividends other than eligible dividends retained 
or not designated by the trust = ^
 
Line 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. 
 
Privacy Act, Personal Information Bank number CRA PPU 015