@ Ontario Ministry of Finance

Corporations Tax BranchP O B o x 6 2 0

1998 Corporations Tax Return CT23Pursuant to the Corporations Tax Act

Has address changed smce last filed return? Yes z Date of Change

Registered H e a d O f f i c e A d d r e s s

Locabon of Books and Records

N a m e o f p e r s o n t o c o n t a c t Telephone No. F a x N o

.- - . .Type Of Corporation - Please check q app&ia~ box&) in sectionswi 8 2: ‘I

fl , q Canadian-controlled private all year (Generally a private corporation of which50% or more shares are owned by Canadian residents.) (fed.s.l25(7)(b))

2 0 Other Private

3 0 PublicShare Capital with full

4 0 Non-share Capitalvoting rights owned byC a n a d i a n R e s i d e n t s

5 0 Other (specify)--l---~.l.-l_- I_..._ -.- . .---- ..___ “.-- _.___. - _ _____ I_ -- . .I-..-.I .--... _ .__. .I... _.. _ _,A 1 u Family Farm Corporation s.1(2)

2 0 Family Fishing Corporation s.1(2)

3 0 Mortgage Investment Corporation s.47

4 q Credit Union s.51

10 0 Mutual Fund Corporation s.48

Non-resident owned investmentl1 Cl Corporation s.49

Non-resident ship or aircraft underl2 0 reciprocal agreement with Canada s.28(b)

5 0 Bank Mortgage Subsidiary s.81(4)

6 0 Bank s.1(2)

P r e v i o u s l y R e g i s t e r e dI3 c? S m a l l B u s i n e s s D e v e l o p m e n t C o r p o r a t i o n

( S B D C ) s . 6 SBDCAct

7 0 Loan and Trust Corporation s.61(4) 1 4 0 B a r e T r u s t e e C o r p o r a t i o n

s 0 Non-resident Corporation s.2(2)(a) or (b) ‘5 c] Branch of Non-resident s.63(1)

9 0 Non-resident Corporation s.2(2)(c) , s q Financial Institutionsprescribed b y R e g u l a t i o n o n l y^.” --.- --. ._.I. ---. ..-- 1.1-.-..-.1 I-.--..-. .-._-. ..--- __,,,__ - . .I__^-.- ---.-. - I.,.. I. -.. “... ^^ ,_._.

Are you requesting a refund due to: the Carry-back of a Loss? Yes L] No L.- .,.-. .---1-“...“.- -..._I_^- ._I_.. - --^...-.-._.” --.-.- I .-*I . . .I_-. .--_ .--“.-..^.-__“_ .._. _ _ _. _I_ _ , _a n O v e r p a y m e n t ?

.-.-. __1_^“.” ..-- -.-- -.....-- -.---I- Yes 0I-_~ No Ej--_--._ I...__. -.l.~lu.” --l_.-l__“...- .._ _. .__.a S p e c i f i e d R e f u n d a b l e T a x C r e d i t ?

. _ -1-^_11 - - ---. I” --..-,_,.-.-.. I...” ll^^l._~_l_l Yes 3 No c1-----_ ..-. -.. - -..--_-_. ..- . _. _ . _ “_Are you a Member of a Partnership or Joint Venture’? Yes [? No IIPlease check q appropriate box(es) If applicable:

3 0 Fipal Taxation Year up toq TranFfer or Receipt of Asset(s)

First Year of FilingDissolution (wind-up)

tnvolvlng a corporation having aCanadian permanent establishmentoutside Ontario

0 A m e n d e d R e t u r n 0 Final Taxation Year beforeAmalgamation q Change of Control fed. ~.249(4)

0 Taxation Year End has changed •1 Floating Fisca, Year End(approval by Revenue Canada requwd)

yaar dayI I 1

Date Control was acquired: _ ~~ _ _month

Return forTaxation Year

S t a r ’

End

Has Revenue CanadaT 2 R e t u r n b e e n f i l e d ? Yes ci Nom

R e v e n u e C a n a d a T a x a t i o n A c c o u n t N o .

R e v e n u e C a n a d a B u s i n e s s N o .If applicable, enter

O n t a r i o R e t a i l S a l e s T a x V e n d o r P e r m i t N o .( U s e H e a d O f f i c e n o . )

or missing, enter--l

O n t a r i o E m p l o y e r H e a l t h T a x A c c o u n t N o .( U s e H e a d O f f i c e n o . )

1 I f applicable, enter

1

I

-I_1.iLl

Jurisdiction Incorporated

I f n o t i n c o r p o r a t e d i n O n t a r i o :I n d i c a t e d a t e b u s i n e s s c o m m e n c e d i n O n t a r i o

y e a r month day

/ i

~~--~BxySpecify major business activity

Was the corporation Inactivethroughout the taxation year? Y e s 0 Nom

I.“^ *I- -... .-~--“- -1_--. -.-_” .,-..-. ,“___Language of Choice I Langue de prbf&ence

Englishanglais n

-SIC

. . . -... “---. --.- .-... ~.-,lllll__-__lll . .LOC FC Seq. No

Income TaxAllocat ion - I f y o u c a r r y o n a b u s i n e s s t h r o u g h a p e r m a n e n t e s t a b l i s h m e n t i n a j u r i s d i c t i o n o u t s i d e O n t a r i o , y o u m a y a l l o c a t et h a t p o r t i o n o f t a x a b l e i n c o m e d e e m e d e a r n e d i n t h a t j u r i s d i c t i o n t o t h a t j u r i s d i c t i o n ( s . 3 9 ) (1nt.B. 2 6 1 7 ) . A t t a c h a s c h e d u l e(or a copy of federal TZS-TC) showing allocation of gross revenue, salaries and wages, including applicable percentages.

Net income (loss) for Ontario purposes - - - - - - - - - - - - - - - - - - - - - - - - - -Subtract: Charitable donations _ _ _ _ _ . _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ - _ -

Subtract: Gifts to HerMajestyin right of Canada ora provinceand gifts of cultural property - - - - - - - - -

Subtract: Taxabledividends deductible, perT2S(3) - - - - - - - - - - - - - - -

Subtract: Ontario politicalcontributions (lnf.B.2740) - - - - - - - - - - - - - - - - - -

S u b t r a c t : F e d e r a l P a r t V I . 1 t a x _ .x9/4 _ _ _ _ _ - _ _ _ _ _ _ - _ -

Subtract: Prior years’ losses applied - Non-capital losses- - - - - - - - - - - - - - -Net capital losses _ _ _ _ _ _ _ _ _ _ _ . _ _ _ _ .Farm losses _ . _ _ _ _ _ _ _ _ _ _ . _ _ _

Restricted farm losses - - - - - - - - - - - - - - - - - -

Limited partnership losses - - - - - - - - - - - - -Taxable Income (Non-capital loss) _ _ - _ - _ - - - _ _ . - _ - - - - - - - = g .Addition to taxable income for unused foreign lax deduction, per fed.T2S (28) - - - - - + z1 .

AdjustedTaxablelncome m + [la ( ifm i s n e g a t i v e , enterld ) - - - - - = a .

Taxable Income From m (or m If applicable) .x(301/ ( j + 1 ( ( j% x 15.5%- - =rgO n t a r i o A l l o c a t i o n

.

Incentive Deduction for Small Business Corporations (Small Business Tax Credit) (IDSBC) (s.41)Did you claim the federal Small Business Deduction (fed.s.l25(1)) in the taxation year or would you have claimed the federalSmall Business Deduction had the provisions of fed.s.l25(5.1) not been applicable in the taxation year? (J)nYes 0 N o*_. ,*-.. ~,. x ,-. d&W j * ,.i :a _’ .i.zzLb*i-ki _.., th.*,‘.l L, i. * ‘,.,,

I n c o m e f r o m a c t i v e b u s i n e s s c a r r i e d o n i n C a n a d a f o r f e d e r a l p u r p o s e s (fed.s.l25(l)(a)) - - - - @J .

F e d e r a l t a x a b l e I n c o m e , l e s s a d j u s t m e n t f o r f o r e i g n t a x c r e d i t (fed.s.l25(l)(b)) + yg ~~~ .~~ ~2

A d d : L o s s e s o f o t h e r y e a r s d e d u c t e d f o r f e d e r a l p u r p o s e s ( f e d s . 1 1 1 ) + , 54 ~ ~~ ~~~~~ ~~ 2

S u b t r a c t : L o s s e s o f o t h e r y e a r s d e d u c t e d f o r O n t a r i o p u r p o s e s ( s . 3 4 ) - 2-9 -...~ --2= � E ~ ..----2

B u s i n e s s l i m i t f o r t h e y e a r b e f o r e t h e a p p l i c a t i o n o f fed.s.125(5.1)(notexceeding $200,000) (attachT2013 if associated) - - - - - - - - - - - - - - - 4 -... ~~-. .~~~~- .

lncomeeligibleforthe IDSBC - - - - - - - - - From@] Ll / + 1 ( / 1% x T<_~~ y = m* O n t a r i o A l l o c a t i o n Least of t5!1 ,‘m?4_1 or E?

Claim _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ From L@] . X 6.0% - - - - - =m

* Note: Ontario Allocation for IDSBC purposes may differ from Ec if Taxable Income is allocated to foreign jurisdictions. See special rules (s.41(4)).

.

.

Surtax on Canadian-controlled private corporations (s.41 .l)Applies t o t a x a t i o n y e a r s e n d i n g a f t e r D e c e m b e r 3 1 , 1 9 9 1 i f y o u h a v e c l a i m e d t h e I n c e n t i v e D e d u c t i o n f o r S m a l l B u s i n e s s C o r p o r a t i o n s .

**Short Taxation Years -Special rules apply where the taxation year IS less than 51 weeks for the corporation and/or any corporation associated with it.

Assoc ia ted Corporat ion - T h e t a x a b l e i n c o m e o f a s s o c i a t e d c o r p o r a t i o n s i s t h e t a x a b l e i n c o m e f o r t h e t a x a t i o n y e a r e n d i n g o n o r b e f o r e t h e d a t e o f t h i sc o r p o r a t i o n ’ s t a x a t i o n y e a r e n d .

‘*Taxable lncomeof the corporation - - - - - - - - - - - - -

/f you are a member of an associated group ( J ) LY 0 (Yes)

From 10 (orrq If appl icab le) + m .

Name of associated corporation (Canadian & foreign)(if insuffIcient space. attach schedule)

Corporations Tax Number(If applicable)

Taxation Year End

_ _ _ _ _ _ __~ ~-

AggregateofTaxable Incomes m + m + m + m, etc. - - - - - - - - - - - - - - - - -Subtract: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ - _ _ _ _ _ _ _ _

(if negative, enter nil) _ _ _ _ - _ _ _ _ _ _ _ _ _ _ _ _ - _ _ _ _ _ _ _ _ _ _ _ _ _

From @j? -__..~-~! x 4.0% _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

From k?? -._~ __-? x- - _ - - - From m __.-_______-l + 200,000 - -

Surtax Lesserof m or @ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

0241P (97.12)

,,TLI, ,/, ,I(#

C o r p o r a t i o n ’ s N a m e A c c o u n t N u m b e r:‘_.* t.” ,I 1 i1% :.* :‘-‘“,r )

T a x a t i o n Y e a r E n d; _) :_i ’

Additional Deduction for Credit Unions (s.51(4)) (attach schedule) - - - - - - - - - - - i;i;;l .

Manufacturing and Processing Profits Credit (M&P) (9.43)Appl ies t o E l i g i b l e C a n a d i a n P r o f i t s f r o m m a n u f a c t u r i n g a n d p r o c e s s i n g , f a r m i n g , m i n i n g , l o g g i n g a n d f i s h i n g c a r r i e d o n i n C a n a d a , a s d e t e r m i n e d b y r e g u l a t i o n s

Eligible Canadian Profits from mining are the “resource profits from the mining operations”, as determined for Ontario depletion purposes, after deductingdepletion and resource allowances, but excluding amounts from sale of Canadian resource property, rentals or royalties. If you are claiming this credit, attach ac o p y o f t h e F e d e r a l T2S(27) i n c l u d i n g n e c e s s a r y c h a n g e s f o r O n t a r i o t a x p u r p o s e s ( e . g . d i f f e r e n t C . C . A . c l a i m e d ) .

The whole of the active business income qualifies as Eligible Canadian Profits if: a) your active business income from sources other than manufacturing andprocessing, mining, farming, logging or fishing, is 20% or less of the total active business income, and b) the total active business income is $250,000 or less

Ellgibte Canadian profits _ _ _ _ _ _ _ _ _ _ _ _ _ _ - _ _ _ _ - _ _ _ _ _ _ - _ _Subtract: income eligible for the Incentive Deduction for Small Business Corporations (IDSBC) - - - - -

Add: Adjustment for Surtax on Canadian-controlled private corporations

From@ . .I Fromm, I ~ iiU oh + 6.0% =@ilJ* O n t a r i o A l l o c a t i o n

Lesserofm or m _ _ _ _ _ _ _ _ _ _ _ _ _ _ - _ - _ _ _ _ _ _ _ _ _ _ _ _ _ _

Gl5J-QGJ+pJ _____L__________________________

TaxableIncome _ _ _ _ _ - _ - - _ - _ _ _ - - - - - - - - - - - - - - _ _ _ - _ _

S u b t r a c t : I n c o m e e l i g i b l e f o r t h e I n c e n t i v e D e d u c t i o n f o r S m a l l B u s i n e s s C o r p o r a t i o n s (IDSBC) - - - - - - - - -A d d : Adjustment for Surtaxon Canadian-controlled private corporations - - - - - - - - - - - - - - -

Subtract: Taxable Income m X Allocation % to jurisdictions outside Canada - - - - - - - - - - - - - -Subtract: Amount by which Canadian and foreign investment income exceeds net capital losses - - - - - - - - -‘-g-@+@-E,-pJ - - - - - - - - - - - - - - - - - - - - - - - - - -

Claim El ⌧ From1 L ) . . .._j-j% x 2% - - - - - - - - - - -

Lesser of m arm * O n t a r i o A l l o c a t i o n

* N o t e : O n t a r i o A l l o c a t i o n f o r M & P C r e d i t p u r p o s e s m a y d i f f e r f r o m 130( i f T a x a b l e I n c o m e i s a l l o c a t e d t o f o r e i g n j u r i s d i c t i o n s . S e e s p e c i a l r u l e s (s.43(1)).

. ..-

Credit for Foreign Taxes Paid (9.40)

.

Appl ies i f y o u p a i d t a x t o a j u r i s d i c t i o n o u t s i d e C a n a d a o n f o r e i g n i n v e s t m e n t i n c o m e ( l n f . B . 1 5 7 9 , l n f . B . 2 7 3 9 ) ( a t t a c h s c h e d u l e ) . - 1,,__, L i7 ’ .

Credit for Investment in Small Business Development Corporations (SBDC)Applies if you have an unapplied, previously approved credit from prior years investments in new issues of equity shares in Small Business DevelopmentCorporations. Any unused portion may be carried forward indefinitely and applied to reduce subsequent years’ income taxes. (Refer to the former Small BusinessD e v e l o p m e n t C o r p o r a t i o n s A c t )

E l i g i b l e C r e d i t -1%- C r e d i t C l a i m e d II4 .

. ..-. _. “ . .-_ ._.-. _.-“__ I”__I .__,-__ “l_l -._. - . ..-... I ._. -_ __.__ __.“__^ _ _

Sub-totaloflncomeTax ~-~CJ+fYZJ-~%-@~-~-~ - - - - - - - - = [iji .

Specified Tax Credits-.------ --.. - .

Ontario Innovation Tax Credit (OITC) (s.43.3)Appliesto r e s e a r c h a n d d e v e l o p m e n t i n O n t a r i o .

Eligible Credit from @ OITC Claim Form _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

Co-Operative Education Tax Credit (CETC) (s.43.4)Appl ies t o e m p l o y m e n t o f e l i g i b l e s t u d e n t s .EligibleCreditfrom m Summary Schedule F - - - - - - - - - - - - - - - - - - - -

Ontario Film 81 Television Tax Credit (OFTTC)w3.qAppl ies t o q u a l i f y i n g O n t a r i o labour e x p e n d i t u r e s f o r e l i g i b l e C a n a d i a n c o n t e n t f i l m a n d t e l e v i s i o n p r o d u c t i o n s .Eligible Credit from m Claim Form Certified by Ontario Film Development Corporation (attach original C/aim Form)

No of Placements FM 165%

Graduate TransitionsTax Credit (GTTC) (~~3.6) 1-93 --~~ ~~~-~~. ..~Appl ies t o e m p l o y m e n t o f e l i g i b l e u n e m p l o y e d g r a d u a t e s t u d e n t s .Eligible Credit from m Summary Schedule G _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

Ontario Book Publishing Tax Credit (OBPTC) (s.43.7)Appl ies t o q u a l i f y i n g e x p e n d i t u r e s i n r e s p e c t o f e l i g i b l e l i t e r a r y w o r k s b y f i r s t - t i m e C a n a d i a n a u t h o r s .

Eligtble Credit from m OBPTC Claim Form (attach on’ginal C/aim Form)- _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

Ontario Computer Animation and Special Effects Tax Credit (OCASE) (s.43.8)A p p l i e s t o labour r e l a t i n g t o c o m p u t e r a n i m a t i o n o n a n e l i g i b l e p r o d u c t i o n .Eligible Credit from m Claim Form Certrfred by Ontario Film Development Corporation (attach origmal C/aim Form) _ _ _ _

Ontario Business-Research Institute Tax Credit (OBRITC)(s.w)Appl ies t o q u a l i f y i n g R & D e x p e n d i t u r e s u n d e r a n e l i g i b l e r e s e a r c h i n s t i t u t e c o n t r a c t .Eligrble Credit from m OBRITC Claim Form _ . _ _ . _ . _ _ _ _ _ _ _ _ _ _ _ _ - _ _ _ _ _

Ontario Film & Television Production Services Tax Credit (OFTPSTC)Appl iesto q u a l i f y i n g O n t a r i o labour e x p e n d i t u r e s f o r e l i g i b l e n o n - C a n a d i a n c o n t e n t f i l m a n d t e l e v i s i o n p r o d u c t i o n s .Eligible Credit from m OFTPSTC Claim Form _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

Note: OFTPSTC has not received legislative authority at the time of printing.

Total Specified Tax Credits m + E +m + F + [-g, + 3 + Ek +/199: - - - - - - - - - -

Specified Tax Credits Applied to reducelncome Tax- - - - - - - - - - - - - - - - - =m .

hmne Tax /190( - m OR EnterNIL if reporting Non-Capitalloss - - - - - - - - - - - - - - =I@ .

T o d e t e r m i n e i f t h e C o r p o r a t e M i n i m u m T a x ( C M T ) i s a p p l i c a b l e t o y o u r C o r p o r a t i o n , see Determinat ion ofApp/icabi/itysection f o r t h e C M T o n P a g e 5 o f C T 2 3I f C M T i s n o t a p p l i c a b l e , t r a n s f e r a m o u n t i n m t o I n c o m e T a x i n Summary s e c t i o n o n P a g e f f o f C T 2 3 .

O R

I f C M T i s n o t a p p l i c a b l e f o r t h e c u r r e n t t a x a t i o n y e a r b u t y o u r c o r p o r a t i o n h a s C M T C r e d i t C a r r y o v e r s t h a t y o u w a n t t o a p p l y t o r e d u c e i n c o m e t a x o t h e r w i s ep a y a b l e , t h e n p r o c e e d t o a n d c o m p l e t e t h e Appl icat ion of CMT Credi t Carryovers s e c t i o n p a r t B , o n P a g e 5 o f C T 2 3 .

0241 P (97.12)

1 ;’ - 2 1 (,,..j., -‘I’

, C o r p o r a t i o n ’ s N a m e A c c o u n t N u m b e r T a x a t i o n Y e a r E n d

/

Corporate Minirn~rn %(CMf)Determination of ApplicabilityApplies to taxation years commencing after December 31,1993 if e@her Total Assetsm exceeds $5,000,000 or Total Revenue /2501 exceeds $10,000,000.‘These amounts include the corporation’s and associated corporations’ share of any partnership(s) /joint venture(s) total assets and total revenue.

Short Taxat ion Y e a r s - S p e c i a l r u l e s a p p l y f o r d e t e r m i n i n g t o t a l r e v e n u e w h e r e t h e t a x a t i o n y e a r o f t h e c o r p o r a t i o n o r a n y a s s o c i a t e d c o r p o r a t i o n o r a n y f i s c a lperiod of any partnership(s) I joint venture(s) of which the corporation or associated corporation is a member is less than 51 weeks.

Associated Corporation -The total assets or total revenue of associated corporations is the total assets or total revenue for the taxation year ending on or beforet h e d a t e o f t h e c l a i m i n g c o r p o r a t i o n ’ s t a x a t i o n y e a r e n d .

*Total Assetsof the corporation - - - - - - - - - - - - - - - - - - - - + m .-~~~----~ - 2l To&l Revenue of the corporation _ _ _ _ - _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ +j2411 2

If you sfe s member of sn 8ssoclated group (J) mn ( Y e s )

Name of associated corporation (Canadian 8 foreign) Corporations Tax Number Taxation Year End * Total Assets * Total Revenue(if insufficient space, attach schedule) (if applicable)

._ _ _ ~__- __-.- + @!I ~~~~ ----------? + EE

+ m -____---F-’ + m ______ ..--2

f 247’ .+1248( .-A g g r e g a t e o f T o t a l A s s e t s 1=+243/+/2451+/ZJ,etc. - - - - - - - - - - - &

AggregateofTotalRevenue/241+1244/+m+/2481,etc. - - - - - - - - - - - - - - - - - - .

If CMT is applicable to currant taxation year, complete section Calculetlon: CMTbelowand Cotpor8te Minimum Tax Schedules A through Eon Pages 12,13 and 14 ofCT23.

CaiCUlatiOtI: CMT ( A t t a c h S c h e d u l e A : C a l c u l a t i o n o f C M T B a s e o n P a g e 1 2 o f C T 2 3 . )N u m b e r o f D a y s i n T a x a t i o n Y e a r

Days beforeJan. I+;1995 Total Days

f” 2%X2671 -e-p& =+a ._____-

I

Days afterDec. 31, 1994

and beforeC M T B a s e Total Days

From= l X Fromml ~ 1 i i ~ 11

I f n e g a t i v e , e n t e r z e r o O n t a r i o A l l o c a t i o n% x “\ 3%X12701

Jan. l+l996

,, +[z;ii: =+;2721 --L4I Days after

Dee 311 1995 Total Days

4% x@l __ +pc s+ EE ...__~_ .-- .-tGrossCMTpayable~ + E t a _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ r m .

Subtract: ForeignTaxCreditfor CMT purposes(attach schedule) - - - - - - - - - - - - - - - - - - - - E .Subtract: Income Tax _ _ - _ - - _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ - From 11901 .-___Net CMT Payable (if negative, enter Nil on Page 11 of CT23) - - - - - - - - - - - - - - - - - - - = & .

Cm i s l e s s t h a n z e r o a n d y o u d o n o t h a v e a C M T c r e d i t c a r r y o v e r , transferm f r o m P a g e 4 t o I n c o m e T a x S u m m a r y , P a g e 1 1 o f C T 2 3 .

lf m i s l e s s t h a n z e r o a n d y o u h a v e a C M T c r e d i t c a r r y o v e r , c o m p l e t e A & B b e l o w .

i f m i s g r e a t e r t h a n o r e q u a l t o z e r o , transfermto P a g e 1 1 o f C T 2 3 a n d t r a n s f e r mto P a g e 1 1 o f C T 2 3 . a n d t o S c h e d u l e D : C o n t i n u i t y o f C M T C r e d i t C a r r y o v e r ,o n P a g e 1 4 o f C T 2 3 .

CMT Credit Carryover available - - - - - - - - - - - - - - - - - - - - - - - - - From j2307/ .

Application of CMT Credit Carryovers

A . lncomeTax(beforededuction ofspecified credits)- - - - - - - - - - - - - - - - - - - - - + Fro”, m .

GrossCMT Payable - - - - - - - - - - - + F r o m @! .~~~~~ .

S u b t r a c t : F o r e i g n T a x C r e d i t f o r C M T p u r p o s e s - - - - F r o m 12L7! ~~~ ~_~~~ ~~.

= l ’ - - _ _ - ☯5jlt$ -.LIncomeTax eligible for CMT Credit - - - - - - - - - - - - - - - - - - - - - = p .

B . IncomeTax (afterdeductionof specified credits) - - - - - - - - - - - - - - - - - - - -

Subtract: CMTcredit used to reduce income taxes- - - - - - L - - - - - - - - - - - - - -IncomeTax _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

If A & 6 apply, @ cannot exceed the lesser of H , m] and your C/UT credit carryover awallablem .

If only 6 applies,k cannot exceed the lesser of 1gg and your CMT credit carryover svailablem .. _/-. II

Capital TaxIf Gross Revenue (including your share of any partnership(s)/joint venture(s) corporation. If Investment Allowance is claimed, Total Assets must be

Gross Revenue) and Total Assets as calculated on Page 7 in m are both adjusted by adding the corporation’s share of the partnership’s Total Assets$1,000,000 or less, and your corporation is not a bank or a corporation and by deducting investments in the partnership as it appears on thereferred to in s.61(4), your corporation is exempt from Capital Tax. If your corporation’s balance sheet, in addition to any other required adjustmentscorporation meets these criteria, disregard all other items on Page 6 end (s.61(5)). Special rules apply to limited partnershipsproceed tom on Page 7. (lnf.B.15-79, lnt.B.L-12 and Int.B.L-16).

A flat rate of $100 applies to family farm/fishing corporations, credit unions (if creditunion is a financial institution, $100 flat rate applies prior to January 1, 1999only) mutual insurance corporations insuring churches, schools, etc., and prior to

May 7, 1997, mortgage investment corporations unless these corporations qualifyfor the Capital Tax exemption.

Special rules and rates apply to Banks (s.61(3) and s.66(2)); Loan and Trustcorporations (s.61(4) and s.68(3)); Non-Resident corporations (s.63. s.64and s.69(3)); Financial Institutions (s.66(4)) and Credit Unions (s.66(6)).

Members of a partnership (limited or general) or a joint venture, must attach all

financial statements of each partnership (any reference to partnership includesjoint venture). The Paid-up Capital of each corporate partner must include itsshare of liabilities that would otherwise be included if the partnership were a

Paid-up Capital of Non-resident: Paid-up capital employed in Canada o f anon-resident subject to tax by virtue of s. 2(a) or (b), and whose business isnot carried on solely in Canada is deemed to be the greater of (1) taxable

income in Canada divided by 8 percent or (2) total assets in Canada minuscertain indebtedness in accordance with the provisions of s..63(l)(a).

Paid-up CapitalPaid-up capital stock- _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ - - -

Retained earnings (if deficit, deduct) - - - - - - - - - - - - - - -

Capital and other surpluses, excluding appraisal surplus (lnf.B.30-83) - - - -

Loans and advances (attach schedule) - - - - - - - - - - - - -Bank loans _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ - _ _ _

Bankers acceptances - - - - - - - - - - - - - - - - - -

Bonds and debentures payable - - - - - - - - - - - - - - -

Mofigagespayable _ _ _ _ _ _ _ _ _ - - _ _ _ _ _ - - - -

Lien notes payable _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

Deferred income tax reserves - - - - - - - - - - - - - - - - -

Contingent, investment, inventory and similar reserves - - - - - - - - -

_______- - - - - - +-____ - - - - - - - - 5_____-____-- - +_______-- - - - - +______- - - - - - - +__________--- +_____-- - - - - - - +______- - - - - - - +_-___--- - - - - - +

B ..g ..g

.

.

gj..

@ ._________-- -- +_________-- - - +

Other reserves not allowed as deductions for income tax purposes (attach schedule) (1nt.B. L-9R) - - - - - - - - -

Share of partnership(s) or joint venture(s) paid-up capital (attach schedule) - - - - - - - - - - - - - - -S”~TO~l _ _ - _ _ _ _ _ _ - _ _ _ _ _ - _ _ _ - - _ _ _ - - - _ _ - - - - - -

Subtract: Amounts deducted for income tax purposes in excess of amounts booked (attach schedule) (1nt.B. L-9R)- - - -

Deductible R & D expenditures and ONTTI costs deferred for income tax if not already deducted for book purposes [372]

Total Paid-up Capital _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ - _ _ _ _ - - - -

Subtract: Deferred mining exploration and development expenses (s.62(l)(d)) - - - - - - - - - - - - - - -

Net Paid-up Capital _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

m .

E! -~---..

EE -.- .piJ .m .LA - - . - -[380]

;..

El ig ib le InvestmentsAttach computations and list of corporations’ names and investment amounts. Short-term investments (treasury bills, bonds, commercial papers, term deposits,etc.) are eligible for the allowance only if issued for a term of and held for 120 days or more prior to the year end of the investor corporation, except InvestmentDealers/Brokers (lnf.B.2739).

Term bankdeposits and trust companies investment certificates (lnf.B.2739) - - - - - - - - - - - - - - -

For taxation years ending prior to Jan. 1, 1998 - Bonds and other securities of governments, municipalities and school districts

Bonds, debentures and lien notes of other corporations - - - - - - - - - - - - - - - - - - - - - -

Mortgages due from other corporations - - - - - - - - - - - - - - - - - - - - - - - - - - -

Shares in other corporations _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ -

Loans and advances to corporations unrelated - - - - - - - - - - - - - - - - - - - - - - - -

Eligible loans and advances to related corporations s.62(5.1)(5.2) certain restrictions apply ii:. -.-’ ‘;‘~,,?ni - - - - -

Share of partnership(s) or joint venture(s) eligible investments (attach schedule) - - - - - - - - - - - - - -

Total Eligible Investments _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

+ I+! .+m .+ m-- .+ m ..~~ .+m .+ E!.- .+/406j .+1407/ .=a .

C o r p o r a t i o n ’ s N a m e A c c o u n t N u m b e r T a x a t i o n Y e a r E n d

Capital TaxTotal AssetsTotal Assets per balance sheet _ - - _ _ _ - - _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _Mortgages or other liabilities deducted from assets - - - - - - - - - - - - - - - - - - - - - -

Share of partnership(s)/joint venture(s) total assets (attach schedule)- - - - - - - - - - - - - - - - -Subtract: Investment in partnership(s)/joint venture(s)- - - - - - - - - - - - - - - - - - - - - -Total Assets as adjusted _ _ _ _ _ _ _ _ _ _ _ _ - _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

Amounts in mand m (if deducted from assets) - - - - - - - - - - - - - - - - - - - - - -

Subtract: Amounts in m and@ - - - - - - - - - - - - - - - - - - - - - - - - - - -

Subtract:Appraisal surplus if booked - - - - - - - - - - - - - - - - - - - - - - - - - - -

Add or Subtract: Other adjustments (specify on an attached schedule) - - - - - - - - - - - - - - - -Tota l Assets - - - _ _ _ - _ _ _ _ - - _ _ _ _ - _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

Investment Allowat& (b +. 4501) x pLj4 -. - - - - - - - - - - - - Not to exceed i!%iTaxable Capital m _ m _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

Gross Revenue (as adjusted to include the share of any partnershrp(s)ljoint venture(s) Gross Revenue) (attach schedule)l 1 1 1 1 1 / 1 / j / 1 / / 1 / 1

Tota l Assets (as adjusted) - - - _ - - - - - _ - - - - _ _ _ - - _ _ _ _ _

If you are not a member of an associated group and/or partnershlp, complete the following:

I f m a n d m a r e both $ 1 ,OOO.OOO o r l e s s , e n t e r N I L i n ‘3. D i s r e g a r d o t h e r i t e m s b e l o w .

If @ or m e x c e e d s $ 1 . 0 0 0 . 0 0 0 a n d mis $1,000,000 o r l e s s , e n t e r $ 1 0 0 F l a t T a x i n i540]_--

If m and 1484 both do not exceed $1500,000 andadoes not exceed $2,000,000, enter $200 Flat Tax in I5401-,

If m or m exceeds $ 1500,000 and m is $2,000.000 or less, enter $500 Flat Tax in m

Ifa exceeds $2,000,000 but is $2,300,000 or less, complete @3 , @] , @.

From m . x 0.3% - - - + pij .Subtract: ($2.300.000 minus prom a .)x 1.83% - - - - EC ~~~~~~~~ .._~-A

I f m e x c e e d s $ 2 . 3 0 0 . 0 0 0 , c o m p l e t e CALCULATlON b e l o w .= [q . Enter Flat Tax inm

. .,_^If you are 8. member of an.associated group an&or partnership, complete the fo//owing, and (J)[ 5x] 0 (Yes)

Taxable Capital of the corporation - - - - - - - - - - - - - - - - - - - - - - - - - - _ + F r o m l!?!? ~~ _ ~- .-----!!

Names of associated corporations or related partners (Canadian & foreign)(If insufficient space. attach schedule)

Corporations Tax Number(if applicable)

Taxation YearEnd

-AggregateofTaxableCapitalsM +m+m+m ,etc. - - - - - - - - - - - - - - - - - - - -

If m is $2,000,000 or less, and:

I f 3 a n d m a r e hntb $ 1 ,OOO,OOO o r l e s s , e n t e r N I L i n @o]. D i s r e g a r d o t h e r i t e m s b e l o w ,

If @ or L@ exceeds $l,OOO,OOO and 5 is $l,OOO,OOO or less, enter $100 Flat Tax in[y

If c4g and P!?] hnth do not exceed $1,500,000 and @gdoes not exceed $2,000,000, enter $200 Flat Tax ln p4!.

tf iq or a exceeds $ 1,500,OOO and a is $2,000,000 or less, enter $500 Flat Tax in ;-&iq.

If; exceeds $2,000,000, complete CALClJLATlON below,

CALCULAT/ON; Capital T a x

O n t a r i o A l l o c a t i o n From?: / / I + / j I / % X 0.3% X From q . _ _ - _ _ _

Flat Tax from above, if applicable - - - - - - - - - - - - - r-1 - - - - _ -- - _ _ _ _ _ _No of Days I”Taxation Year

Enter the lesser of - - pd or?:ld k m -. x[$g f 365 _ _ _ _

S u b t r a c t : S p e c i f i e d T a x C r e d i t s a p p l i e d t o r e d u c e c a p i t a l t a x p a y a b l e _-__________

Capital Tax m - [@q - - - - - - - - - - - - - - _ - - - _ _ _ _ _ _ _ _ _ _ _ _ _

;, “, I bag .:, ~%.%* 1,114, i 7,‘i yi I,‘llin IblLi,‘i”’ , ,:;:. jN!f ,,“. II* Q1, II ;j; 1

‘ , : ,‘“k ,,I”; ,,:s, .; , * , 1 ‘ , EJ3;i.jr s-. ,

,.,,:’ ,I I / $l” i (I’: j I ,“j ,+“f., &.a’8“, ,,(.’ *’

q ☯530 .p6 .

=@ .

- p‘ij

=pg..

,I,,

I/*I0241P ‘(97-k)

Capital Tax for Financial Institutions(attach schedules detailing calculations for amounts in boxes m , m and m)

C a p i t a l ( T P U C )i n A c c o r d a n c ewith Division B

x FrommI 1 1 + 1 1 1 1 %C a p i t a l T a x R a t e O n t a r i o A l l o c a t i o n

Tsser of adjusted T&t 566x Fromjl 1 1 + / 1 1 !%

C a p i t a l T a x R a t e O n t a r i o A l l o c a t i o n& Basic Capital Amount

(Credit Unidns use TPUConly)

i n A c c o r d a n c ewith Division 8.1

m .xa XFroml30 I I + I i I I%TPUC adjusted in C a p i t a l T a x R a t e O n t a r i o A l l o c a t i o nAccordance with

Division B. 1 TaxableCapital in excess of

Basic Capital Amount(excludes Credit Unions)

Capital Tax - Financial Institutions a + m + a _ _ _ _ _ _ _ _ ________-- - - =a .

N u m b e r o f D a y s i n T a x a t i o n Y e a rDays beforeMay 7, 1997

** (Credit Unionsuse days before

J a n . 1+1996) 365 Days

p?iJ = c/564/+a .

nays afterMay 6. 1997

(Credit Umonsusa days after

Dec. 3i+ 1997) 365 Days

m +1568j = +j5691 .

Days afterMay 6. 1997 365 Days

i1573/ = +m .

* Credit Unions and Mortgage lnvesbnent Corporations: If the flat capital tax of $700 applies prior to May 7, 1997 (rnorfgage investmentc o r p o r a t i o n s ) o r J a n u a r y 1 , 1 9 9 8 ( C r e d i t U n i o n s ) , e n t e r $ 1 0 0 i n m a n d e n t e r 1 0 0 % f o r b o t h t h e t a x r a t e a n d t h e a l l o c a t i o n l i n e s

* * F i n a n c i a l i n s t i t u t i o n s , e x c l u d i n g C r e d i t U n i o n s a n d i n s t i t u t i o n s w h o s e t a x a t i o n y e a r e n d s t r a d d l e s M a y 7 , 1 9 9 7 , s h o u l denter the total number of days in the taxation year in

Temporary Surcharge on BanksNumber of Days in Taxation Year

Days afterMay 7, 1996and before

M a y 7+1997 Total Days

From m ( .-~OO,OOO,OOO) X From /301! 1 1 + 1 / 1 1% X0.112% x/5761 +m =j578j .O n t a r i o A l l o c a t i o n

._.-... _^_____ -__- ._..-_, __ _ _. .-. ___._ . _ _ -. ^.._-.--.-^. I ,_____ ,___-^_--- _ . _-__.-. --“.. _--- -- - ...-. il.. _ --_-_. ~ ..-_ .

Temporary Surcharge on Deposit-Taking Financial Institutions( E x c l u d i n g C r e d i t U n i o n s )

Number of Days in Taxation YearDays after

May 6. 1997arid before

NW l+1998 Total Days

p%J . - 5600 .Corporation’s share-of

XFromFlli*IllI % X0.09% x m +pEJ =m .Taxable Paid-up O n t a r i o A l l o c a t i o n

Capital per Exempt AmountDivision B.l (Max. $400,000,000)

Total Temporary Surcharge m + m - - - - - - - - - _ - - _ _ _ _ _ _ _ _ _ _ _ _ _ =/584/ .

_^__ ._ ^ . ^ -_-._-.__ _. .-..--. ._ ..__.. - ,. .^. __._.... - _ _

Small Business Investment Tax Credit-.. . ..~.._ _.“ -

Allowable Credit for Eligible Investments (attach schedules) - - - - - - - - - - - - - - - - - - - - - - -m .

Financial institutions: Claiming a tax credit for investment in Community Small Business Investment Fund (CSBIF)? - - - (J)n Yes

I f Y e s , p l e a s e e n c l o s e t h e o r i g i n a l l e t t e r a p p r o v i n g t h e c r e d i t i s s u e d b y t h e T a x C r e d i t s a n d G r a n t s B r a n c h , M i n i s t r y o f F i n a n c e .

Capital Tax - Financial Institutions m + @q - m - _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ =586/

A c c o u n t N u m b e r T a x a t i o n Y e a r E n d

- .-. _-..- “^. .- . -. _... . .

Premium Tax (s.74.2 & 74.3) i~.ii7il”t !L! ; ij,cJ5i

(1) Uninsured Benefits Arrangements - - - - - - - - - - m l x 2% - - -Appl ies t o O n t a r i o - r e l a t e d u n i n s u r e d b e n e f i t s a r r a n g e m e n t s f o r a m o u n t s p a i d a f t e r J u n e 3 0 , 1 9 9 3 .

(2 ) U n l i c e n s e d I n s u r a n c e ( e n t e r p r e m i u m t a x p a y a b l e i n w a n d a t t a c h a d e t a i l e d s c h e d u l e o f c a l c u l a t i o n s ,I f s u b j e c t t o t a x u n d e r ( 1 ) a b o v e , a d d b o t h t a x e s t o g e t h e r a n d e n t e r t o t a l t a x in/saaj .)Appl ies to Insurance Brokers and other persons placing insurance for persons resident or property situate inOntario with unlicensed insurers.

Deduct : S p e c i f i e d T a x C r e d i t s a p p l i e d t o r e d u c e p r e m i u m t a x XI ’ .,Premium Tax

=pijg .

net income (loss) for Otitarib purposes if amounts diffe’r.Net income (loss) for federal Income tax purposes, per federal TZS(1) - - - -

Federalcapital costallowance - - - - - - - - - - - - - - - - - - - - -

Federal cumulative eligible capital deduction - - - - - - - - - - - - - - - - -Ontario taxablecapital gain - - - - - - - - - - - - - - - - - - - - - -

Federal non allowable reserves. Balance beginning of year - - - - - - - - - - - -

F e d e r a l a l l o w a b l e r e s e r v e s . B a l a n c e e n d o f y e a r - - - - - - - - - - - - - -

Ontario non allowable reserves. Balance end of year - - - - - - - - - - - - - -

Ontario allowable reserves. Balance beginning of year- - - - - - - - - - - - - -

F e d e r a l e x p l o r a t i o n e x p e n s e s ( e . g . C E D E , C E E , C D E , C O G P E ) - - - - - - - - - -

Federal resource allowance - - - - - - - - - - - - - - - - - - - - - -

Federal depletion allowance - - - - - - - - - - - - - - - - - - - - -

F e d e r a l f o r e i g n e x p l o r a t i o n a n d d e v e l o p m e n t e x p e n s e s - - - - - - - - - - - -

M a n a g e m e n t f e e s , r e n t s , r o y a l t i e s a n ds i m i l a r p a y m e n t s t o n o n - a r m s ’ l e n g t h n o n - r e s i d e n t s - m . x 5/15.5 =___-

T o t a l o f o t h e r i t e m s n o t a l l o w e d b y O n t a r i o b u t a l l o w e d f e d e r a l l y ( a t t a c h s c h e d u l e ) - - - - -

Sub Tota l of Additions - - _ - _ _ - - - - _ - _ _ - _ - _ _ _ _ _

Ontario capital cost allowance - - - - - - - - - - - - - - - - - - - - -

Ontariocumulative eligible capital deduction - - - - - - - - - - - - - - - - -

Federal taxablecapitalgain - - - - - - - - - - - - - - - - - - - - - -

Ontario non allowable reserves. Balance beginning of year - - - - - - - - - - - -

Ontario allowable reserves. Balanceend of year- - - - - - - - - - - - - - - -

Federal non allowable reserves. Balanceend of year - - - - - - - - - - - - - -

Federal allowable reserves. Balance beginning of year - - - - - - - - - - - - -

O n t a r i o e x p l o r a t i o n e x p e n s e s ( e . g . C E D E , C E E . C D E , C O G P E ) ( a t t a c h s c h e d u l e ) - - - - -

Ontario depletion allowance - - - - - - - - - - - - - - - - - - - - - -

Ontario resource allowance - - - - - - - - - - - - - - - - - - - - - -

Ontario research and development super allowance (attach schedule) - - - - - - - - -Ontariocurrent cost adjustment (attach schedule) - - - - - - - - - - - - - - -

O n t a r i o N e w T e c h n o l o g y T a x I n c e n t i v e ( O N T T I ) ( A p p l i e s o n l y t o t h o s e c o r p o r a t i o n s w h o s eO n t a r i o a l l o c a t i o n i s l e s s t h a n 1 0 0 % i n t h e c u r r e n t t a x a t i o n y e a r . )

C a p i t a l C o s t A l l o w a n c e ( O n t a r i o ) ( C C A ) o n p r e s c r i b e d q u a l i f y i n gi n t e l l e c t u a l p r o p e r t y d e d u c t e d i n t h e c u r r e n t t a x a t i o n y e a r - - +m ~~~~ _~. _~

ONlTl deduction calculation:

l

GrOSS-UD of CCA

.

Total of other deductions allowed by Ontario (attach schedule) - - - - - - - - - - -

SubTotal of Deductions - - - - - - - - - - - - - - - - - - - -

- - - _ - _ _ +m .

+m .+ m --m-----.---.?

Continuity of Losses Carried Forward

Balance atBeginning of Year

Add:Current year’s losses

Losses from predecessorc o r p o r a t i o n s ( 3 )

Sub-Total

Subtract:U t i l i z e d d u r i n g t h e y e a rt o r e d u c e t a x a b l e i n c o m e

E x p i r e d d u r i n g t h e y e a r

C a r r i e d b a c k t o p r i o r y e a r sto reduce taxable income (5)

Sub-Total

Balance at End of Year

Notes:

Non-Capital Losses Net Capital Losses Farm Losses Restricted Farm Listed Personal Limited Partnership(1) Losses Property Losses Losses (6)

m (2) m (2) @d (2) a ,740j m

I

(1 ) Non-capital losses include allowable business investment losses, (4 ) T o t h e e x t e n t o f a p p l i c a b l e g a i n s / i n c o m e / a t - r i s k a m o u n t o n l y .feds.1 11(8)(b), as made applicable by s.34. (5 ) Generally a three year carry-back applies. See fed.s.11 i(1) and

(2 ) W h e r e a c q u i s i t i o n o f c o n t r o l o f t h e c o r p o r a t i o n h a s o c c u r r e d , t h e fed.s,41(2)(b), a s m a d e a p p l i c a b l e b y s . 3 4 .utilization of losses can be restricted. See fed.?..1 ll(4) through111(5.5), as made applicable by s.34.

(6 ) Where a limited partner has limited partnership losses, attach lossc a l c u l a t i o n s for e a c h p a r t n e r s h i p .

(3 ) I n c l u d e a n d i n d i c a t e w h e t h e r l o s s e s o n a m a l g a m a t i o n (fed.s.87(2.1)and s.87(2.11)) and/or wind-up (fed.s.88(1 .I) and 88 (1.2)), as madea p p l i c a b l e b y s . 3 4 .

Analysis of Balance by Year of Origin

Year of Origin(oldest year first)

Total

Non-Capital Losses 1 Non-Capital Lossesof Predecessor

Corporations

Net Capital Lossesfrom Listed Personal

Property only

0241P (9 7 - 1 2 )

tr,, ,I.., J: 1 ,

Corporation’s Name Account Number

Request for Loss Carry-Back (s.80(16)) l Any late filing penalty applicable to the return for which the loss isbeing applied will not be reduced by the loss carry-back.

Applies to corporations requesting a reassessment of the return of one ormore previous taxation years under s.80(16) with respect to one or more typesof losses carried back.

l If, after applying a loss carry-back to one or more previous years, there is abalance of loss available to carry forward to a future year, it is the corporation’sresponsibility to claim such a balance for those years following the year of lossw i t h i n t h e l i m i t a t i o n s o f fed.s.1 I I , a s m a d e a p p l i c a b l e b y s . 3 4 .

l Where control of a corporation has been acquired by a person or group ofp e r s o n s , c e r t a i n r e s t r i c t i o n s a p p l y t o t h e c a r r y - f o r w a r d a n d c a r r y - b a c k p r o v i s i o n s o fl o s s e s u n d e r f e d s . 1 1 l ( 4 ) t h r o u g h Ill(S), a s m a d e a p p l i c a b l e b y s . 3 4 .

. The application of a loss carry-back will be available for interestcalculation purposes on the day that is the latest of the following:

I) the first day of the taxation year after the loss year,

2) the day on which the corporation’s return for the loss year is

l R e f u n d s a r i s i n g f r o m t h e l o s s c a r r y - b a c k a d j u s t m e n t m a y b e a p p l i e d b y t h eMinister of Finance to amounts owing under 8nyActadministeredbythe

delivered to the Minister, or

3) the day on which the Minister receives a request in writing fromthe corporation to reassess the particular taxation year to take intoaccount the deduction of the loss.

. If a loss is being carried back to a predecessor corporation, enterthe predecessor corporation’s account number and taxation year end inthe spaces provided under Application of Losses below.

Ministry of Finance.

Application of Losses N”Lci%P’ N;toyaz$ I R e s t r i c t e d F a r mI Farm Losses Losses

pq ‘j2Gj ~ [<34 m

Total amount of loss

Deduct: Loss to be carried back to preceding taxation yearsand applied to reduce taxable income.

19111

Predecessor Cod

oration’s Taxation Year EndingAccount o . p%iT,’ Y/M MID D

i ) 3rd preceding

ii) 2nd preceding

i i i ) 1 s t p r e c e d i n g

Total loss to be carried backFrom /7b61

Balance of loss available for carry-forwardI

19’9’

SummaryIncome Tax - - - - - - - + From[~~~ or @rd .

Corporate Minimum Tax - - - - - + From @d .

CapitalTax- - - - - - - - - - + From I;sil .--~-

PremiumTax - - - - - - - - - + From [&3, .

TotalTax Payable - - - - - - = [jjg .

Subtract: Payments - - - - - -

Capital Gains Refund (5.48) - /iiiq .

Mining Reclamation Trust TaxC r e d i t z “- !

Specified Tax Credits‘,

&Ian=- _ _ _ _ _ _ _ _ _ _

If paymentdue - - - - - - E n c l o s e d *@cl .

Ifoverpayment: Refund - - - - - -

APPLY to

*Make your cheque (drawn on a Canadian financial institution) or a moneyorder in Canadian funds, payable to Ihe MlNlSTfR OF NNANCE and printy o u r C o r p o r a t i o n ’ s T a x A c c o u n t N u m b e r o n t h e b a c k o f c h e q u e o r m o n e y o r d e r .

-lwn,“~i*l,~*~ Ij, <.

CertificationI am an authorized signing officer of the Corporation. I certify that thisReturn, including all schedules and statements filed with or as partof thls Return, has been examined by me and is a true, correct andcomplete Return, and that the information is in agreement with thebooks and records of the Corporation. I further certify that thefinancial statements accurately reflect the financial position andoperating results of the Corporation as required under section 75 ofthe Corporations lax Act. The method of computing income for thistaxatlon year is consistent with that of the previous year, except asspeclfically disclosed In a statement attached.

N a m e ( p l e a s e p r i n t )

F u l l R e s i d e n c e A d d r e s s

Signature , D a t e

Corporate Minimum Tax (CMT)

Schedule A: Calculation of CMT BaseBanks-Net income/loss as per report accepted by Superintendent of Financial Institutions (SFI) under the Bank Act (Canada),adjusted so consolidation/equity methods are not used.

Net income/(loss) (unconsolidated. determined in accordance with GAAP) - - - - - - - -

Subtract (to the extent reflected in net income/loss):

Provision for recovery of income taxes - - - - - - - - - - - - -

Provisionfordeferred income taxes (credits) - - - - - - - - - - -

Equityincomefrom corporations - - - - - - - - - - - - - - -

Share of partnership(s)/jointventure(s) income - - - - - - - - - -

Dividends received/receivable deductible under feds.1 12 - - - - - - -

Dividends received/receivable deductible under feds. 113 - - - - - - -

Dividends received/receivable deductible under fed.s.83(2) - - - - - - -F e d e r a l P a r t V I . 1 t a x p a i d o n d i v i d e n d s d e c l a r e da n d p a i d a f t e r M a y 5 , 1 9 9 7 , u n d e r f e d . s.191.1(1) l ⌧9/4 -

S,,bmT&l _ _ _ _ _ _ _ _ _ _ _ _ _ - _ _ _ _ _ - _ - - - -

Add (to extent reflected in net income/loss):

Sub-Total _ _ _ _ _ _ _ _ _ ___- _ _ _ _ __-__ - - -

Add/Subtract:

A m o u n t s r e l a t i nd i s p o s a l s e t c . o B

t o s . 5 7 . 9 e l e c t i o n / r e g u l a t i o n s f o rp r o p e r t y f o r c u r r e n t / p r i o r y e a r s

( a t t a c h p r e s c r i b e d f o r m s / c a l c u l a t i o n s a s a p p l i c a b l e ) :Fed.s.85 _ _ _ _ _ _ _ _ _ _ - _ +m

Fed.s.85.1 - - - - - - - - - - - +2118 _~ ~~-~~_ -2Fed, s.97 _ _ _ _ _ _ _ _ _ _ - _ +m .

Provisionforcurrent taxes - - - - - - - - - - - - - - - -

Provision for deferred income taxes (debits) - - - - - - - - - - -

Equity losses from corporations - - - - - - - - - - - - - - -

Share of partnership(s)/joint venture(s) losses- - - - - - - - - - -D i v i d e n d s t h a t h a v e b e e n d e d u c t e d t o a r r i v e a t n e t i n c o m e p e r F i n a n c i a l S t a t e m e n t s .A p p l i e s t o d i v i d e n d s t h a t h a v e b e e n d e c l a r e d a n d p a i d a f t e r M a y 5 , 1 9 9 7 . s.57.4(1 .I)(excluding dividends under fed.s.137(4.1)) - - - - - - - - - - - -

A m o u n t s r e l a t i n g t o a m a l g a m a t i o n s ( f e d . s . 8 7 ) a sp r e s c r i b e d i n r e g u l a t i o n s f o r c u r r e n t / p r i o r y e a r s(attach calculations) - - - - - - - - - ‘LW .-L

A m o u n t s r e l a t i n g t o w i n d - u p s ( f e d . s . 8 8 ) a sp r e s c r i b e d i n r e g u l a t i o n s f o r c u r r e n t / p r i o r y e a r s(attach calculations) - - - - - - - - - ‘[ZZij .

A m o u n t s r e l a t i n g t o ~57.10 e l e c t i o n / r e g u l a t i o n sf o r r e p l a c e m e n t r e fed.s.13(4) a n d 4 4 f o rc u r r e n t / p r i o r y e a r s ( a t t a c h p r e s c r i b e dforms/calculations as applicable) - - - - - +m .

_ _ _ _ _ _ _ - f2100j .

+ 2110cl2 .__-+2111/ .+m .+m .

+pJ 2= ., +pEJ .

or-m

or-m

or -12121)

.

.

.

or-m .

or -[X- -

Sub-Total(Additions) - - - - - - - - - - - = l t +m ~~ -z

Sub-Total (Subtractions) _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ = .1-m .

Otheradjustments (attach schedule)- - - - - - - - - - - - - - - - - - - - - - - - - - f/2130; .--d

Sub-Total _+ 2100) -54 +j2115) + 12128) -ml 2 kfl - - - - - - - - - - - - - - - =m .

Share o f partnership(s)/jointventure(s) adjusted net income/ loss (a t tach schedu le ) - - - - - - - - - - - - .- + r2q

Adjusted net income ( l o s s ) ( i f l o s s , t r a n s f e r tom i n S c h e d u l e 8: C o n t i n u i t y o f C M T L o s s e s C a r r i e d F o r w a r d , P a g e 1 3 o f C T 2 3 ) [23 ..-

Deduct CMT losses: pre-1994 Loss * - - - - - - - - - - - - - -

CMT losses: other eligible losses * - - - - - - - - - - - - -

* CMT losses applied cannot exceed adjusted net income or increase a loss

CMTBase _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ =m .

, , ,,s0241F’ (97-12)

” 1.’

C o r p o r a t i o n ’ s N a m e A c c o u n t N u m b e r T a x a t i o n Y e a r E n d

i

Corporate Minimum Tax (CMT)m, I, ,,R,~~,,“,,I~RI *m* ,, , , *,+xR” ,.%lnl*l” /,,I *m ,W”,,.ml, . . , /*a .llal ,, ,/_, I ,I .” _ . . /, ,a, ,, /, , I ,.,,,. bl/ _” ,/ I I 1

Schedule B: Continuity of CMT Losses Carried Forward

Balance at Beginning of year (1) s(2) - - - - - - - - - - - - - - - - - - - _ - - _ - -

Add: Current year’s losses _ _ - - - - _ _ _ _ _ _ _ _ _ - - _ -Losses from predecessor corporations on amalgamation (3) - - - - - -Losses from predecessor corporations on wind-up (3) - - - - - - - -

Amalgamation ( J) r@$ nYes Wind-up ( J) kd [JYesS&wTo&l _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

Adjustments (aeach schedule) _ _ _ _ - _ - - _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

CMT losses available Ed + m + r2206,- = i>z@] .

Subtract: P r e - 1 9 9 4 l o s s u t i l i z e d d u r i n g t h e y e a r t o r e d u c e a d j u s t e d n e t i n c o m e - - - - - + 2?!” .

Other eligible losses utilized during the year to reduce adjusted net income (4) - - - + 12zz1( ~ .Losses expired during the year - - - - - - - - - - - - - - - - - + [szj] .

S,,~T,,~, _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ = .I- [>"3~ ~~_ .

BalanceatEndofYearp) mZG]- @Z - - - - - - - - - - - - - - - - - - - - - - - = pz214 .

Notes:

(1) Pre-1994 CMT loss (see s.57.1(1)) should be included in the balance atb e g i n n i n g o f t h e y e a r . A t t a c h s c h e d u l e s h o w i n g c o m p u t a t i o n o f p r e - 1 9 9 4CMT loss .

(2 ) W h e r e a c q u i s i t i o n o f c o n t r o l o f t h e c o r p o r a t i o n h a s o c c u r r e d , t h e u t i l i z a t i o nof CMT losses can be restricted. (see s.57.5(3) and s.57.5(7))

(3) Include and indicate whether CMT losses are a result of an amalgamationto which fed. s.87 applies and/or a wind-up to whichfed. s&3(1) applies. (see s.57.5(8) and %57.5(g))

(4) CMT losses must be used to the extent of the lesser of the adjusted netincome [z133]and CMT losses available [izosj

(5) Amount in kJJ!j must equal sum of [Eq+ \$$9;

.esia‘.. ,.“a”“‘.w-,“.,‘~ * ,.1”-““,9- w/s”lr.. *. r 181 ” 1,11 “Lll ,“./,“>,a “.I,, A.. v. rnIlj, _ ./ ,*.I It, 1 I , ,, ,. _, ,,, 1, ,) /.I,, ,, /

Schedule C: Analysis of CMT Losses Year-End Balance by Year of OriginF o r a p r e - 1 9 9 4 l o s s , u s e t h e d a t e o f t h e l a s t t a x a t i o n y e a r - e n d b e f o r e y o u r c o r p o r a t i o n ’ s f i r s t t a x a t i o n y e a r c o m m e n c i n g a f t e r 1 9 9 3

CMT Lossesof Predecessor Corporations

22871

024iP (9 7 - 1 2 )

Corporate Minimum Tax (CMT)

Schedule D: Continuity of CMT Credit Carryovers

Balanceat Beginning of year(l) - - - - - - - - - - - - - - - - - - - + 2301 1 .

A d d : C u r r e n t y e a r ’ s C M T C r e d i t ( P a g e 5 o f C T 2 3 ) (lfm i s n e g a t i v e , e n t e r N i l ) - + From -~~~2801

CMT Credi t Carryovers f rom predecessor corporat ions (2) - - - - + 230Zmj

Amalgamation ( J) Gz] r--. Yes Wind-up(J) 2304 [ I YesSubeT,-,tal _ _ _ _ _ _ _ - - _ _ _ _ _ _ _ _ _ _ _ _ _ =

.

.

. LpiF .

Adjustments (attach schedule)- _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ -

CMT credit carryover available 2&-~~- + ,5jjj5 2 J3Oi6j _ _ _ _ _ _ _ _ _ _ _ _ _

Subtract: C M T C r e d i t u t i l i z e d d u r i n g t h e y e a r t o r e d u c e i n c o m e t a x ( P a g e 5 o f C T 2 3 ) - + From Ez

CMTCredit expired during the year - - - - - - - - + 12308,

Sub-Total _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ =

BalanceatEndofYear(3) FjT - F$$ - - - - - - - - - - - - - - - - - -

Notes:

(1 ) W h e r e a c q u i s i t i o n o f c o n t r o l o f t h e c o r p o r a t i o n h a s o c c u r r e d , t h e u t i l i z a t i o n o f C M T c r e d i t s c a n b e r e s t r i c t e d . ( s e e s.43.1(5))

( 2 ) I n c l u d e a n d i n d i c a t e w h e t h e r C M T c r e d i t s a r e a r e s u l t o f a n a m a l g a m a t i o n t o w h i c h f e d . s . 8 7 a p p l i e s a n d / o r a w i n d - u p t o w h i c hfed.s.88(1) applies. (see s.43.1(4))

(3 ) A m o u n t i n w m u s t e q u a l s u m o f [aa?q + [ZseO].

Schedule E: Analysis of CMT Credit Carryovers Year-End Balance by Year of Origin

Year of Origin(oldest year first)

~ Y Y M M D D

CMT Credit Carryovers CMT Credit Carryoversof Corporation of Predecessor Corporation(s)

The sum of amounts [E + $4 mUSt equalamount in 123101.

0241P (b7112)

C o r p o r a t i o n ’ s N a m e Account Number T a x a t i o n Y e a r E n d

Schedule F: Summary of Co-operative Education Tax Credit Claimed “”Complete a separate entry for each student work placement which ended during the corporation’s taxation year. The tax credit is for co:op work placementscommencing after July 31, 1996 and leading-edge technology work placements commencing after December 31, 1997. A work placement is generallyconsidered to be a full-time work assignment for up to 4 months in duration.Example: If a corporation, with a December 31, 1997 taxation year end, hires an eligible student from September 1, 1997 until April 30, 1998, this wouldbe considered 2 work placements. The first work placement is September l., 1997 to December 31, 1997 and would be claimed in the 1997 taxation year.The second placement is January 1, 1998 to April 30. 1998 and must be clarmed in the 1998 taxation year.

Part I: Qualifying work placements commencing prior to January 1,1998.Name of University/College Social Insurance N O.

Work Term Start

and Education ProgramI Name of Student of Student

and End Dates1! Eliglble Costs of

:/ Y Y M M D DlPlacement )

Credlt CGl@xd at rate(max. $1,000

t-m work term),From GZ jI I

6%..~~~ .~~

I IFrom r5xi- 5728,.--

If mufhent space, attach schedule1’

I . _

Part II: Qualifying work placements commencing after December 31,1997.

Name of University/Collegeand Education Program Name of Student

’ Work Term StartSocial Insurance No. and End Dates Eligible Costs of Rate of Credit

of Student Y Y M M D D,Placement Refer to Notes below

From r-‘,2<49 5775

If ~nsufhent space, attach schedule, I 1@KiJ 5798’

Totals II

N o t e : E n t e r c o r p o r a t i o n ’ s s a l a r i e s & w a g e s p a i d i n t h e p r e c e d i n g t a x a t i o n y e a r 14 $ .If @ is $600,000 or greater use 10%. If q is $400,000 or less use 15%.

If a is over $400,000 but less than $600,000 use the following formula to calculate the rate: Rate: = .I0 + I.05 ( ~~.. ~~~ .._~-*- - $400,000) f $200,000]I n d i c a t e r a t e u s e d : % From s abo”:

/*.al~j_m -xWI~~,YIrn,,.wI ., Y,/ */“.,*, (II*IIIsIpuu ,r~,~-~~~ --~.~~~-~~ eax.aT~Y”~~llaYIL-*,k”“u~~ (“UI~~_LUO_UI._,~~JI~,~ iw.vtix*~ a4 .,IuI”u,~*uI I*.r”mnm,*.,, .,, , -, *. , , I s, _ , ~

Pati Ill: SUlTlfTlal’)! Co-operative Education Tax Credit - placements prior to January 1, 1998 - - - - - - - - + From)5748) ~- ~~~ ~- .~ 2

C o - o p e r a t i v e E d u c a t i o n T a x C r e d i t - p l a c e m e n t s a f t e r D e c e m b e r 3 1 , 1 9 9 7 - - - - - - - + From~ ~~~~~ ----!

TotalCo-opStudent TaxCredit Claimed Eg + @Tj - - - - - - - - - - - - - = I5Ts

/s ” * ,.., “,/w-I ., ,,,, -, .-* ,illlVi.Y,l”LII,I,,~XI*II*I”I,“” ,,., . . I w I). ,,” ..,E jll I/ . . . . . ( I. “./ ,.“,~S,,, ,”

0241P (97.12)

Schedule G: Summary of Graduate Transitions Tax Credit Claimed

C o m p l e t e a s e p a r a t e e n t r y f o r e a c h g r a d u a t e , t h a t i s u n r e l a t e d t o t h e e m p l o y e r , t h a t h a s w o r k e d f u l l - t i m e f o r a m i n i m u m o f a s i x - m o n t h p e r i o d .This credit applies to new hires commencing after May 6, 1997 for a maximum credit of $4,000 each and may only be claimed once.

E x a m p l e : A t a x p a y e r , w i t h a D e c e m b e r 3 1 , 1 9 9 7 t a x a t i o n y e a r e n d , h i r e s a n o t h e r w i s e e l i g i b l e g r a d u a t e o n J u n e 1 , 1 9 9 7 w h o i s s t i l l e m p l o y e d o n D e c e m b e r 3 1 , 1 9 9 8a t a s a l a r y o f $ 3 , 5 0 0 p e r m o n t h . T h e t a x p a y e r m a y o n l y m a k e o n e t a x c r e d i t c l a i m f o r e a c h g r a d u a t e e m p l o y e d . A l t h o u g h t h e g r a d u a t e i s e m p l o y e d f o r 7 m o n t h s d u r i n gt h e 1 9 9 7 t a x a t i o n y e a r , t h e t a x p a y e r m u s t c l a i m t h e f u l l c r e d i t i n t h e t a x a t i o n y e a r i n w h i c h t h e f i r s t 1 2 m o n t h s o f e m p l o y m e n t f a l l s o r w h e n e m p l o y m e n t i s e n d e d i f l e s st h a n 1 2 m o n t h s . I n t h e a b o v e e x a m p l e , t h e c r e d i t m u s t b e c l a i m e d i n t h e 1 9 9 8 t a x a t i o n y e a r f o r $ 4 , 0 0 0 w h i c h i s t h e l e s s e r o f 1 0 % o f s a l a r y f o r t h e m a x i m u m o f 1 2m o n t h s o f e m p l o y m e n t ( 1 0 % X $ 3 , 5 0 0 X 1 2 = $ 4 , 2 0 0 ) o r $ 4 , 0 0 0 .

Part I: Qualifying Employment Commencing Prior to January 1, 1998

Name of University/College 1and Date Program Completedi

IName of Employee

EmploymentSocial Insurance No.Period

Qualified Eligible I ‘ledit “Jf”~~~” at rate0of Employee

Y Y M M D DExpenditures

1(max. $4,000

per placement)From 16!53

II

iFrom ~ j ( Jo ‘m‘iE+

! TO

/fmsufficient space, affach schedule I

Totals @?Part II: Qualifying Employment Commencing after Dee 31,1997

,m

Name of University/Collegeand Date Program Completed Name of Employee

Rate of CreditSocial Insurance No. Employmentof Employee Period

Qualified Eligible refer to notes below

Y Y M M D DExpenditures (max. $4,000

p e r placement)From

1 1 FE ;m

Ifmuftk~ent space, attach schedule

N o t e : E n t e r c o r p o r a t i o n ’ s s a l a r i e s & w a g e s p a i d i n t h e p r e c e d i n g t a x a t i o n y e a r [A] $ -lfm is $600,000 or greater use 10%. If@ is $400,000 or less use 15%.

If@ is over $400,000 but less than $600,000 use the following formula to calculate the rate: Rate: = .lO + [.05 ( ~ l - $400,000) + $200,000]_I n d i c a t e r a t e u s e d : % . From B above

WI ~ ^---mmaa,ms. .sm..%*u ..,%a>.‘,. I,.., ~ . > _#)_ . __I,*UYl.*l ,xu ._* *.*e., --I-&eIILCI -* ., .jl; i.wljl_. ,~__I.Ipv__u__uIu”Y.~~~~~~~~~.~~~l^l_~,~lwI II---y

Part I I I: &U?‘lUla~ GraduateTransitionsTaxCreditof p lacements priorto Jan 1 , 1998- - - - - - - - - -GraduateTransitionsTax Credit of placements after Dee 31, 1997 - - - - - - - - - -Total GraduateTransitionsTax Credit Claimed 16549 + m - - - - - - - - - - - = /6599!

Part IV Enter the number of placements prior to Jan 1, 1998 - - - - - - - - - - - - - -Enter the number of placements after Dec31,1997- - - - - - - - - - - - - - -TotalNumberof Placements 165481 + 165961 - - - - - - - - - - - - - - - - = m

“<,:7: J:; 117 pJ Pc,;li >._ *.*,*L, ,**,. I . . . . ~ ->. I, _/ I , .“_ .,,., j .,., “./ .,,. . . , . _ s,, ^ I .I.- o”Ls-~~m.I. ~Ia*.rr__

0241 P (97.12)