Saskatchewan qualifying environmental trust tax credit

A corporation that is a beneficiary of a qualifying environmental trust located in Saskatchewan can claim a 12% tax credit on income that is subject to tax under Part XII.4 of the federal Income Tax Act.

The qualifying environmental trust will issue a letter to the corporation that is a beneficiary.

This credit is fully refundable, but must first be applied against taxes payable.

Claiming the credit

On line 641 of Schedule 5, Tax Calculation Supplementary – Corporations, enter the amount of the credit earned.

Supporting documents – You do not have to file the letter with your return. However, keep it in case the CRA asks for it later.

Forms and publications

Government partners

Page details

Date modified: