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Form T2 Schedule 67 Canada Recovery Dividend (2022 and Later Tax Years) - Canada
The corporation filing its Canadian tax return would generally file the Form T2 Schedule 67 for the Canada Recovery Dividend.
FAQ
Q: What is the T2 Schedule 67?A: The T2 Schedule 67 is a form used in Canada for reporting the Canada Recovery Dividend for tax years 2022 and later.
Q: What is the Canada Recovery Dividend?A: The Canada Recovery Dividend is a program in Canada designed to provide financial support to eligible businesses that have experienced a significant decline in revenue due to COVID-19.
Q: Who is eligible for the Canada Recovery Dividend?A: Eligibility for the Canada Recovery Dividend is determined by specific criteria set by the Canadian government. It is generally available to businesses that meet certain revenue decline thresholds.
Q: How do I report the Canada Recovery Dividend on the T2 Schedule 67?A: To report the Canada Recovery Dividend, you need to complete the T2 Schedule 67 and include it with your corporate income tax return (T2) for the applicable tax year.
Download Form T2 Schedule 67 Canada Recovery Dividend (2022 and Later Tax Years) - Canada
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