All Resources

Film and Television Tax Credit Program changes fact sheet

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Fact sheet summarizing the changes to the Film and Television Tax Credit Program.

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Alberta Corporate Tax Act special notice vol. 5 no. 67 : mandatory electronic filing of AT1 returns

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The Alberta Corporate Tax Act (ACTA) requires prescribed corporations to file the Alberta Corporate Income Tax Return − AT1 (AT1 Return) by way of electronic filing. For consistency with federal... More ≫

Description

The Alberta Corporate Tax Act (ACTA) requires prescribed corporations to file the Alberta Corporate Income Tax Return − AT1 (AT1 Return) by way of electronic filing. For consistency with federal filing requirements in respect of the T2 Corporation Income Tax Return (T2 Return), the definition of ‘prescribed corporation’ in the Alberta Corporate Tax Regulation has been amended to remove the exception for corporations whose gross revenue exceeds $1 million. Accordingly, effective in respect of AT1 Returns for taxation years that begin after December 31, 2024, all corporations will be required to file their AT1 Return with Alberta Treasury Board and Finance, Tax and Revenue Administration (TRA), by way of electronic filing, with the exception of insurance corporations, non-resident corporations, corporations reporting in functional currency, and corporations that are exempt from taxation under section 35 of the ACTA.

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Updated equalized assessment

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In Alberta, equalized assessment is the means of comparing property wealth in a uniform manner for all municipalities. Alberta uses an ad valorem assessment and tax system where property taxes are... More ≫

Description

In Alberta, equalized assessment is the means of comparing property wealth in a uniform manner for all municipalities. Alberta uses an ad valorem assessment and tax system where property taxes are based on wealth and wealth is measured by the value of property expressed as an assessment. Equalizing an assessment is simply a process of adjusting each municipality's taxable assessment to a common year in accordance with current legislation and policy. The equalization process results in a common provincial assessment base that is used to determine the amount of requisition for each requisitioning body.

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Alberta Corporate Tax Act special notice vol. 5 no. 66 : agri-processing investment tax credit

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The Investing in a Diversified Alberta Economy Act and the Alberta Corporate Tax Act were amended effective April 16, 2023, to implement the agri-processing investment tax credit (APITC) program.... More ≫

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The Investing in a Diversified Alberta Economy Act and the Alberta Corporate Tax Act were amended effective April 16, 2023, to implement the agri-processing investment tax credit (APITC) program. This new program offers a 12 per cent non-refundable tax credit based on eligible capital expenditures to corporations investing $10 million or more to build or expand agri-processing facilities in Alberta.

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Government estimates, general revenue fund (data files)

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The Government Estimates report the requirements for public monies from the General Revenue Fund to fund the operations of the Government for the applicable fiscal year. Together with the Offices... More ≫

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The Government Estimates report the requirements for public monies from the General Revenue Fund to fund the operations of the Government for the applicable fiscal year. Together with the Offices of the Legislative Assembly Estimates, the estimates documents identify the total requirements for public monies from the General Revenue Fund for the year. The estimates make up part of the Government’s annual budget, which also includes the fiscal plan, the government’s strategic or performance plan, and the ministry business plans. Note: Supplementary information on financial entities and consolidation adjustments has been moved into a separate Entity Financial Information volume published in electronic form. See the Related tab.

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Alberta Budget Fiscal Plan Tables (including Economic Outlook, Capital Plan, Tax Plan, Debt) (data files)

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The Fiscal Plan outlines the government’s forecasts for the economy, revenue and spending, and main policy decisions or initiatives. Provided in an open data format are chapters of the Fiscal... More ≫

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The Fiscal Plan outlines the government’s forecasts for the economy, revenue and spending, and main policy decisions or initiatives. Provided in an open data format are chapters of the Fiscal Plan. The Fiscal Plan is the centerpiece of the Government’s annual budget, which also includes the estimates, the government’s strategic plan, and the ministry business plans. These documents are in Excel format. See the related tab for PDF format.

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Government of Alberta budget

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The budget outlines the government's financial plans from April 1 to March 31 each year. This record includes links to separate records in the Portal for each year's budget. These records include... More ≫

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The budget outlines the government's financial plans from April 1 to March 31 each year. This record includes links to separate records in the Portal for each year's budget. These records include the fiscal plan, Government of Alberta strategic business plan, and ministry business plans, as well as supporting documents for the specific year. Check the "Related" tab for each record for links to the Offices of the Legislative Assembly Estimates and Government Estimates, which also make up part of each year's budget.

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Budget 2024 : a responsible plan for a growing province

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The Government of Alberta’s 2024 budget is a responsible plan to strengthen health care and education, build safe and supportive communities, manage the province’s resources wisely and promote job... More ≫

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The Government of Alberta’s 2024 budget is a responsible plan to strengthen health care and education, build safe and supportive communities, manage the province’s resources wisely and promote job creation to continue to build Alberta’s competitive advantage. The documents in this record include the Government of Alberta's fiscal plan and strategic plan for 2024, ministry business plans, highlight documents and the budget address.

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Alberta Corporate Tax Act special notice vol. 5 no. 65 : changes to the Alberta Innovation Employment Grant for Associated Corporations

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Notification that the Alberta Corporate Tax Act has been retroactively amended effective January 1, 2021, to correct the calculation of the Innovation Employment Grant for associated corporations.

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Provincial equalized assessment report

Description

In Alberta, equalized assessment is the means of comparing property wealth in a uniform manner for all municipalities. Alberta uses an ad valorem assessment and tax system where property taxes are... More ≫

Description

In Alberta, equalized assessment is the means of comparing property wealth in a uniform manner for all municipalities. Alberta uses an ad valorem assessment and tax system where property taxes are based on wealth and wealth is measured by the value of property expressed as an assessment. Equalizing an assessment is simply a process of adjusting each municipality's taxable assessment to a common year in accordance with current legislation and policy. The equalization process results in a common provincial assessment base that is used to determine the amount of requisition for each requisitioning body.

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