Calculate Corporate Tax
calculate_corporate_taxCalculate combined federal and Alberta corporate income tax for CCPCs and other corporations, covering SBD, general rate, investment income, passive income grind, and capital clawback.
Instructions
Calculate combined federal + Alberta corporate income tax for a CCPC or other corporation. Handles SBD, general rate, investment income, passive income grind, and taxable capital clawback.
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| is_ccpc | No | Is the corporation a Canadian-Controlled Private Corporation? | |
| taxable_capital | No | Taxable capital employed in Canada (associated group) ($) | |
| investment_income | No | Passive/investment income earned by the corporation ($) | |
| active_business_income | Yes | Active business income for the tax year ($) | |
| prior_year_passive_income | No | Adjusted Aggregate Investment Income from prior year for SBD grind ($) | |
| associated_group_sbd_share | No | This corporation's share of the $500K SBD limit among associated corporations ($) |