All Resources

Alberta Corporate Tax Act special notice vol. 5 no. 63 : allocation of immediate expensing limit between associated corporations

Description

This special notice is intended to explain legislation and provide specific information. Every effort has been made to ensure the contents are accurate. However, if a discrepancy should occur in... More ≫

Description

This special notice is intended to explain legislation and provide specific information. Every effort has been made to ensure the contents are accurate. However, if a discrepancy should occur in interpretation between this special notice and governing legislation, the legislation takes precedence.

Tags

Alberta Corporate Tax Act special notice vol. 5 no. 62 : application of Federal budget 2021 tax incentives for immediate expensing and capital cost allowance

Description

Notification that the Alberta Corporate Tax Act will automatically adopt proposed changes to federal legislation that affect the capital cost allowance regime as outlined in the Government of... More ≫

Description

Notification that the Alberta Corporate Tax Act will automatically adopt proposed changes to federal legislation that affect the capital cost allowance regime as outlined in the Government of Canada's Budget 2021. The changes will apply for Alberta tax purposes in the same manner and during the same periods of time that they apply for federal tax purposes.

Tags

Corporate income tax special notice Vol. 5 No. 61 : Alberta Innovation Employment Grant

Description

Bill 35, Tax Statutes (Creating Jobs and Driving Innovation) Amendment Act, 2020, received Royal Assent on December 9, 2020. The bill includes the addition of Division 7 to Part 6 of the Alberta... More ≫

Description

Bill 35, Tax Statutes (Creating Jobs and Driving Innovation) Amendment Act, 2020, received Royal Assent on December 9, 2020. The bill includes the addition of Division 7 to Part 6 of the Alberta Corporate Tax Act in order to implement the new Innovation Employment Grant (IEG). This special notice from Tax and Revenue Administration provides information on the IEG, which is effective January 1, 2021.

Tags

Alberta Corporate Tax Act special notice Vol. 5 No. 60 : extended deadlines for claims for the Alberta Scientific Research and Experimental Development (SR&ED) Tax Credit and extensions of time to serve a notice of objection

Description

The Government of Alberta recognizes the challenges that corporations are facing in these exceptional times and will continue to take action to support Alberta businesses. Further to the federal... More ≫

Description

The Government of Alberta recognizes the challenges that corporations are facing in these exceptional times and will continue to take action to support Alberta businesses. Further to the federal Time Limits and Other Periods Act (COVID-19) and associated Ministerial Orders made by the Government of Canada, Alberta will also be extending the filing deadlines for claims for the Alberta SR&ED tax credit and extensions of time to file a Notice of Objection.

Tags