Webinar Replay

T2 Schedule 7 - All You Need to Know

The Specified Corporate Income (SCI)/Specified Partnership Income (SPI) rules and the Adjusted Aggregate Investment Income (AAII) Small Business Deduction grind rules introduced in recent years have made the preparation of the T2 corporate tax return Schedule 7 a mind-boggling exercise. An improperly prepared Schedule 7 can lead to incorrect refundable tax payments and incorrect claims of the Small Business Deduction.  

September 15, 2022