British Columbia qualifying environmental trust tax credit

A corporation that is a beneficiary of a qualifying environmental trust located in British Columbia can claim a tax credit on income that is subject to tax under Part XII.4 of the federal Income Tax Act. The credit will reduce the provincial tax otherwise payable for the tax year that includes the trust's tax year. This credit is fully refundable, but must first be applied against total taxes payable.

Grant Deadline

Deadline not available

Funding Amount

Deadline not available

Type of Grant

Tax Credit

Sectors

All Sectors

Demographics

Incorporation

For Profit

Perks

Region Restriction

This grant is restricted to whole of Canada

Keywords

Age Restriction

This grant is age restricted from 18 to 100

Eligibility and Requirements

A corporation that is a beneficiary of a qualifying environmental trust located in British Columbia.

Grant Application website

https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/corporations/provincial-territorial-corporation-tax/british-columbia-provincial-corporation-tax/british-columbia-qualifying-environmental-trust-tax-credit.html

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