Corporate Tax Scenario
Understand the net cash and tax balances of income and payments
This worksheet projects corporate tax outcomes for CCPCs or other private corporations. This solution has been built for lots of flexibility. You can project up to eight scenarios – either several for one corporation, or a corporate group in one document. You also have the option to easily change between provinces, tax years, or any other variables.
The worksheet supports many key tax balances such as GRIP, NERDTOH, ERDTOH, CDA, AAII, loss carry-forwards, donations, and more for comprehensive results and detailed tax planning.
Other highlights include:
- Current with all recent Federal and provincial budgets
- Multiple jurisdiction supports
- Dividend recommendations based on available balances
- Inter-corporate dividends
- Support for SPI and SCI scenarios
- M&P and ZETM support
- Foreign income calculations
- Installments and balance owing summaries
- Multiple branded charts highlights results
- Written reports to explain scenario outcomes
- Eight side-by-side tax engines
Please review the screenshots/PDF and training video for more information:
Corporate Tax Scenario – Taxable Income
Active and passive income for CCPCs and Other private corporations
Corporate Tax Scenario – Income Details
Active business income details, multiple jurisdiction income, and foreign amounts
Corporate Tax Scenario – Capital Property
Capital property dispositions, donations, and recapture/terminal losses
Corporate Tax Scenario – Cash Summary
Summary of corporate income, tax costs, and dividends paid
Corporate Tax Scenario – Carryforwards
Reconciliation of key corporate tax balances
Corporate Tax Scenario – Report
Verbal summary for use in an email or letter
Corporate Tax Scenario – Cash Chart
Chart showing corporate taxes and net cash
Corporate Tax Scenario – Tax Chart
Chart showing income and deductions
