Form At1 Alberta – Fill Out and Use This PDF

The AT1 Alberta form, officially known as the Alberta Corporate Income Tax Return, is a mandatory document for corporations operating within Alberta, according to the Alberta Corporate Tax Act. It must be submitted to the Tax and Revenue Administration (TRA) within six months following the end of the corporation's fiscal year. Important to note, corporations with gross revenues exceeding $1 million are required to file electronically, with specific exemptions applied to insurance corporations, non-resident corporations, or those reporting in a functional currency. Ensure your corporation complies with provincial tax obligations by completing and submitting the AT1 form today by clicking the button below.

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Form At1 Alberta PDF Details

Navigating the complexities of corporate taxation requires a keen understanding of specific documentation, such as the AT1 Alberta Corporate Income Tax Return form, applicable to entities operating within the province for the 2004 and subsequent taxation years. Governed by the Alberta Corporate Tax Act, this essential document must be submitted to the Tax and Revenue Administration (TRA) no later than six months after the fiscal year concludes. Critical distinctions are made for entities based on gross revenue thresholds, electronic filing requirements, and exemptions that could significantly affect the submission process. Additionally, the form delves into various tax specifics, including adjustments to taxable income that may differ from federal calculations, delineation of corporate types, potential claims for deductions such as the Alberta Small Business Deduction, and eligibility for tax credits like the Alberta Scientific Research & Experimental Development Tax Credit. Each section of the AT1 form and its accompanying schedules are designed to capture nuanced financial details of the corporation, ensuring that the tax obligation calculated accurately reflects the corporation's activities within Alberta, adjusting for factors like royalty tax deductions, allocation factors, and more. The form also acknowledges changes in corporate status, such as amalgamations or wind-ups, and requires certification from an authorized signing officer to attest to the validity and completeness of the information reported. Through a comprehensive approach to detailing corporate income and taxation nuances, the AT1 form serves as a foundational component of adhering to Alberta's tax laws.

Question	Answer
Form Name	Form At1 Alberta
Form Length	2 pages
Fillable?	No
Fillable fields	0
Avg. time to fill out	30 sec
Other names	at1 tax, alberta at1, alberta corporate tax act, alberta at1 get

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ALBERTA CORPORATE INCOME TAX RETURN - AT1 FOR 2004 AND SUBSEQUENT TAXATION YEARS

The Alberta Corporate Tax Act

The AT1 and applicable schedules must be received by Tax and Revenue Administration (TRA) within 6 months of the corporation’s taxation year end. Refer to form AT100 to determine if the corporation is exempt from filing. If the corporation is not exempt from filing and its gross revenue exceeds $1 million, the corporation must file electronically using net file unless it is an insurance corporation, a non-resident corporation, or reports in functional currency.

For Department Use

001

004

005

01RT

Legal Name of Corporation

010

Operating Name of Corporation

011

Mailing Address of Business

012

013

014City/Town

Prov./

016

Country

017

Postal

015

Code

or Zip

State

(other

Code

than Canada)

If the assessment notice and assessment correspondence are to be sent to an address other than that above, provide that address:

018Name

019Address

020

021City/Town

022

Prov./

023

Country

024

Postal

Code

State

(other

or Zip

than Canada)

Code

Name of the person to contact to discuss this return

025

026Area Code

Telephone number:

027Area Code

Fax number:

Nature of Business

028

SIC Code

Type of Corporation

029

Canadian-controlled private corporation throughout the year

(excluding Alberta professional)

Alberta Professional

Other private

Public

Other, specify:

Special Corporation Status (if applicable)

Co-operative

030

Investment Corporation

Credit Union

Mutual Fund Corporation

Corporations exempt under

the federal ITA section 149

Has there been a wind-up of a subsidiary under federal Income

Tax Act (ITA) section 88 during the current taxation year?

1 Yes

2 No

031

Is this the first year of filing after an amalgamation?

032 1 Yes

2 No

Alberta Corporate Account Number (CAN) (Enter the 9 or 10 digit account number)

034

Federal Business Number (BN)

035

R C

Taxation Year Beginning

YYYY

036

Taxation Year Ending 037

YYYY

Has the taxation year end changed

since the last return was filed?

038

1 Yes

If "Yes", specify the reason:

039 1

Canada Revenue Agency (CRA)

approved tax year end change

Change in control

Final return

State the functional currency used, if other than Canadian:

041 1	United States of America	2	United Kingdom
	European Monetary Union		Australia
3	European Monetary Union	4	Australia

If field 041 is checked, provide average exchange rate for

calculation: (functional currency	043
calculation: (functional currency	043
converting to Canadian currency)
Gross Revenue (To nearest thousand)
047		0	0	0
047

Total Assets (Book value per balance sheet, to nearest thousand)

	048						0	0		0
	048

Is this a final return?			050 1 Yes			2		No
Is this a final return?

If "Yes", specify the reason:
051 1	Amalgamation, specify date of amalgamation:
		052		YYYY	MM				DD
				YYYY	MM				DD

Discontinuance of permanent establishment in

2 Alberta

3		Bankruptcy
4		Wind-up into parent
4		Wind-up into parent
5		Dissolution of corporation, specify date
		Dissolution of corporation, specify date
		operations ceased:
		operations ceased:	YYYY	MM	DD
	053		YYYY	MM	DD
	053

Was there a transfer of property under federal ITA subsection 85(1), 85(2) or 97(2) that occurred after May 30, 2001, and during the taxation year being reported?

054 1 Yes			2 No

AT1 (Jan-21)

Form authorized and prescribed by the President of Treasury Board and Minister of Finance

AT1 Page 1 of 2

Report all monetary amounts in dollars; DO NOT include cents.

CAN:

Taxation

Show negative amounts in brackets ( ).

Year Ending:

Taxable Income: The calculation of taxable income for federal purposes can differ from the calculation for Alberta purposes if the corporation chooses to use different discretionary deduction amounts (e.g., different application of losses, CCA, charitable donation, etc.).

Is the corporation reporting different taxable income for Alberta and federal purposes?

Has the corporation elected to use any different discretionary amounts for the current year claim or do opening balances differ for federal and Alberta purposes?

060

061

Yes	No

Yes	No

If line 060 and/or 061 is "Yes", then schedule 12 and supporting schedules MUST be completed to reconcile federal and Alberta taxable income.

Alberta taxable income or (loss)

If both lines 060 and 061 are "No", then line 062 must equal federal T2, lines 360 - 370 OR, if reporting a loss, enter the amount from federal Schedule 4 lines 110 + 310

If either line 060 or 061 is "Yes", enter the amount from Schedule 12, lines 090 - 092

(If line 062 is negative, complete Schedule 10 to request a loss carry-back, if applicable)

Deduct: Royalty Tax Deduction (Schedule 5, line 021)

Alberta Allocation Factor (Schedule 2, column I)

Amount Taxable in Alberta (line 062 - line 064) X line 065 * (if negative, enter "0") (* if the corporation has permanent establishments only in Alberta, multiply by "1")

Basic Alberta Tax Payable Number of days in taxation year:

(Show a loss amount in brackets)

062

064

065.

066

after

March 31, 2006

June 30, 2015

June 30, 2019

December 31, 2019

after

Total days

and before

(A);

and before

July 1, 2015

July 1, 2019

(B); January 1, 2020

(C);

July 1, 2020

(D);

June 30, 2020

(E); in tax year

(F);

Line 066 X .100 X [line A/(line F)] =

(G)

Line 066 X .120 X [line B/(line F)] =

(H)

Line 066 X .110 X [line C/(line F)] =

(I)

Line 066 X .100 X [line D/(line F)] =

(J)

Line 066 X .080 X [line E/(line F)] =

(K)

068

Total (line G + line H + line I + line J + line K)

Alberta Small Business Deduction

070

Schedule 1, line 031

Alberta Foreign Investment Income Tax Credit

072

Schedule 4, line 020

Other Deductions: (specify and attach the

076

appropriate schedules)

Total (lines 070 + 072 + 076)

079

Alberta Tax Payable (lines 068 - line 079)

080

Alberta Scientific Research & Experimental Development Tax

081

Credit, Schedule 9, line 120 (note: eliminated effective Jan.1 2020)

Innovation Employment Grant

129

Schedule 29, line 134

Instalments, other payments and ARTC instalments credited to

082

income tax account for this taxation year

Interactive Digital Media Tax Credit (IDMTC)

085

Tax Certificate Number

110

(issued at time of IDMTC approval)

Alberta Capital Gains Refund (available only to mutual fund

086

corporations and public investment corporations

Other Credits: (specify and attach the appropriate schedule(s))

087

Total (lines 081 + 129 + 082 + 085 + 086 + 087)

088

Balance Unpaid (Overpayment) (line 080 - line 088)

(An assessed balance, including interest and penalty charges, of less than $20.00

090

will be neither charged nor refunded.)

If line 090 is a balance due (i.e. positive amount), indicate the amount enclosed with the return

091

Make cheque payable to Government of Alberta

If line 090 is an overpayment (i.e. negative amount), indicate the desired disposition:

092

Refund = 1; Apply to payments for the next taxation year = 2

Was this return prepared by a tax preparer for a fee?

095

1 Yes

2 No

096

If yes, provide the preparer's name or firm name:__________________

CERTIFICATION

097

Print Surname

098

Print First Name

099		,
	Position, office or rank	,
	Position, office or rank

am an authorized signing officer of the corporation. I certify that this return, including accompanying schedules and statements, has been examined by me and is a true, correct and complete return. I further certify that the method of computing income for this taxation year is consistent with that of the previous taxation year except as specifically disclosed in a statement to this return.

Signature of the authorized signing officer

Date (YYYY MM DD)

AT1 (Jan-21)

Form authorized and prescribed by the President of Treasury Board and Minister of Finance

AT1 Page 2 of 2

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1. You will want to fill out the alberta return correctly, hence be mindful while filling out the areas that contain all of these blank fields:

2. Once your current task is complete, take the next step – fill out all of these fields - Name, Address, CityTown, Prov State, Country Code other than Canada, Postal or Zip Code, Name of the person to contact to, Area Code, Area Code, Telephone number, Fax number, Nature of Business, Type of Corporation, Canada Revenue Agency CRA approved, and Change in control with their corresponding information. Make sure to double check that everything has been entered correctly before continuing!

Simple tips to prepare alberta at1 stage 2

3. Your next part will be easy - fill out all the blanks in Other specify, Special Corporation Status if, Investment Corporation, Mutual Fund Corporation, Cooperative, Credit Union Corporations exempt, Windup into parent, Dissolution of corporation specify, YYYY, Has there been a windup of a, Yes, Was there a transfer of property, Is this the first year of filing, Yes, and Yes to complete this part.

alberta at1 writing process detailed (portion 3)

It is easy to make an error while filling in the Yes, thus ensure that you go through it again prior to deciding to finalize the form.

4. Completing CAN, Report all monetary amounts in, Show a loss amount in brackets, Taxation Year Ending, Yes, Yes, Deduct Royalty Tax Deduction, Alberta Allocation Factor Schedule, Basic Alberta Tax Payable Number, after June and before January, after June and before July, after December and before July, after June, Total days in tax year, and Line X X line Aline F Line X is essential in the fourth stage - be sure to devote some time and take a close look at every single blank area!

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Form At1 Alberta – Fill Out and Use This PDF

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