CO-1136.CS, Paid-Up Capital for Purposes of Calculating the Income Tax of Certain Corporations

This form is to be completed by any corporation except financial institutions and insurance corporations that wants to calculate its paid-up capital at the end of its previous taxation year or, if the year concerned is its first taxation year, at the start of its taxation year.

Amount D (paid-up capital at the end of its previous taxation year or, if the year concerned is its first taxation year, at the start of its taxation year) is used to:

  1. Calculate the paid-up capital (column 4) of Form CO-771.1.3, Associated Corporations' Agreement Respecting the Allocation of the Business Limit (Jump Code: 77113) if the corporation is a co-operative or if this is the first taxation year of the corporation.
  2. Determine the paid-up capital (amount J) of Form CO-771, Calculation of the Income Tax of a Corporation (Jump Code: 771) if the corporation is a co-operative or if this is the first taxation year of the corporation.
  3. Determine the paid-up capital calculated on a consolidated basis to answer the question Is the paid-up capital1 determined for the preceding taxation year, including that of members of an associated group less than $15 millions? which is located at the top of Form CO-1029.8.33.CS, Tax credit for businesses that employ persons with a severely limited capacity for employment (Jump Code: 1029833CS) if the corporation is a co-operative or if this is the first taxation year of the corporation.

  4. Determine the paid-up capital calculated on a consolidated basis to answer the question Is the paid-up capital1 determined for the preceding taxation year, including that of members of an associated group less than $15 millions, which is located at the top of Form CO-1029.8.33.TE, Tax Credit to foster the retention of experienced workers (Jump Code: 1029833TE) if the corporation is a co-operative or if this is the first taxation year of the corporation.
  5. Determine the paid-up capital calculated on a consolidated basis (Part 5.2 and Part 8.3) of Form CO-1029.8.36.IN, Tax Credit for Investment (Jump Code: 1029836IN) if the corporation is a co-operative or if this is the first taxation year of the corporation.
  6. Calculate the paid-up capital (line 10) of Form CO-1137.E, Agreement Respecting the $1 Million Deduction (Jump Code: 1137E) if the corporation is a co-operative or if this is the first taxation year of the corporation.

See Also

Guide d'aide au calcul du capital versé (available in French only)