Corp Tax 2012 Master Trinidad and Tobago

7/28/2019 Corp Tax 2012 Master Trinidad and Tobago

1/16

tic arri B (See isc n. 6)

arvd s Cn Rin Dvn Cn arvd acivi Cn

Brnc Nn-Ridn Cn Invn Cn Nn-Ridn Cn

arvd aricr hdin C Cn Crib ornizin

sme lid Cn

IDeNtIfICatIoN seCtIoN

please pRINt IN BloCk letteRs Name aND aDDRess of CompaNy If DIffeReNt fRom aBoVe. use black ink only.Name of CompaNy BIR fi N.

Name of CompaNy(cn) Vat Ririn N.

aDDRess of CompaNy (Street No. aNd Name) N. e

CIty oR towN tn N.

CouNtRy tn N.

e-maIl aDDRess

aDDRess of RegIsteReD offICe (Street No. aNd Name) tn N. mnin Dircr

CIty oR towN CouNtRy f N.

maIlINg aDDRess If DIffeReNt fRom aBoVe (Street No. aNd Name) accnin prid

CIty oR towN CouNtRy

fr

NatuRe of BusINess oR pRINCIpal aCtIVIty

t

CouNtRy of INCoRpoRatIoN

government of the rePubliC oftrinidad and tobago

ms fc, i r ds

CoRpoRatIoN tax RetuRN

V2-12500CtRp01

RegIstRatIoN INfoRmatIoN ChaNge

foR CompaNIes otheR thaN INsuRaNCe aND petRoleum CompaNIes

arvd b Brd Innd Rvn ndr scin 76 Inc t ac,

C. 75:01, id b scin 19 Crrin t ac, C. 75:02

Change of ComPany information

P 1Vii r bi .ird.v.

D D M M Y Y Y Y

D D M M Y Y Y Y

D D M M Y Y Y Y

c

c

c

c

c

c

c

c

2012foRm 500 CtR

c

c

c

Ririn N.

D Incrrin


2/16

gss rcps/Ss (Sc a, P 3, l 1) 1

C Ps (Sc a, P 3, l 38) 2

Cp t Cc( 10% [ ] 25% 35% l 2). (Tick the Appropriate Box.) 3

d t r (Sc r) 4

r Sc 16a 5

v Cp t C (Sc S) 6

t rs (S ls 4 6) 7

Cp t l (l 3 s 7) 8

bsss l l (Sc v, C 3) 9

(a) i l 8 s l 9 - e Cp t l 10(a)

(b) i l 8 s q ss l 9 - e bsss l l (b)

payaBle/RefuND

Cp t P (Sc W)

bsss l P (Sc W)

total (ls 11 ps 12)

i l 10(a) 10(b) s l 13 - (a) e Cp t P 14(a)

(b) e bsss l P (b)

i l 10(a) 10(b) s ss l 13 - (a) e Cp t r 15(a)

(b) e bsss l r (b)

geNeRal DeClaRatIoN

It Is aN offeNCe puNIshaBle By fINe aND/oR ImpRIsoNmeNt to make a false RetuRNplease sIgN geNeRal DeClaRatIoN

I, c s s cc r w (bck ls)

c ps .............................................................................................................................................................................................................................................

sc ws c Cp t ac, Cp. 75:02 Scs Ss c s r

cc, I c I z s Cp s s r s .

g s , 2013.

Signature of Director, or Authorized Agent

2012foRm 500 CtR

P 2

ComputatIoN of CoRpoRatIoN tax/BusINess leVy Due aND paID

t Nr Dr, oi Cn/C

V1-12500CtRp02

RelIefs

foR offICIal use oNly

bs J(boJ)

pc D Rcivd s hr

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

11

12

13

cc c

c


3/16

2012BIR NbrsCheDule a

pRofIt & lossComputatIoN of Net pRofIt oR loss

(See isc n. 13) $Inc t Nr Dr, oi Cn/C

1. gss rcps gss Ss 1.

2. Cs Ss ops 2.

3. gRoss pRofIts (l 1 ss l 2) 3.

4. ds c: Pc ds ss s -s cps [See isc 13(a)] ... 4.

5. is (Submit Schedule) 5.

6. rs (Submit Schedule) 6.

7. rs 7.

8. bc Cs ... 8.

9. S -t Cp gs 9.

10. o ic (Submit Schedule) 10.

11. total INCome (S ls 3 10) 11.

12. Less: t ep ic 12.

13. Net total INCome 13.

Ddcin

14. r dcs 14.

15. Ss Ws (Not deducted elsewhere) 15.

16. Sc P (Submit Schedule) 16.

17. rps (Submit Schedule) 17.

18. b d ds (Submit Schedule) 18.

19. gss Ps dss 19.

20. rs ts (Submit Schedule) 20.

21. as ... 21.

22. Cs app fs, Scs Ps (Submit Schedule) 22.

23. Pc ds P 23.

24. ep Csc s p C C hwk fc 24.

25. i awc 25.

26. W t awc 26.

27. bc awc 27.

28. P epss 28.

29. Pc Cp awc 29.

30. Scsp awc (Submit Schedule) 30.

31. a C, Sps, Sp acs, a, vs v Pc 31.

32. o dcs (ic bsss epss ) (Submit Schedule) 32.

33. total DeDuCtIoNs (S ls 14 32) 33.

34. ChaRgeaBle pRofIts (l 13 ss l 33) 34.

35. Less: lss r 35.

36. C Ps lsss (Line 34 less Line 35) 36.

37. Less: gp r 37.

38. ChaRgeaBle pRofIts afteR gRoup RelIef (l 36 ss l 37) (tRaNsfeR to p 2, lin 2) 38.

P 3

V2-12500CtRp03


4/16

2012BIR Nbr

sCheDule B

ComputatIoN of BRaNCh pRofIts RemItteD oR DeemeD to Be RemItteDfr Nn-Ridn Cni n(See isc n. 14)

t Nr Dr, oi Cn/C

C Ps $

dc Cp t (35% 25% 10% C Ps) $

Ps rs (ac S) $

Ps sjc W t $

W t Cc $

W t P $

d P ............... ................ ............ rcp n ............. ............... ..........

bc P $

n P/lss s p P lss acc $........................................a epss aw:

(1) .............. ................ ................ ................ ................ ............... ................ ............ $ ................ ..............

(2) ......................................................................................................................... $ ..............................

(3) .............. ................ ................ ................ ............... ................ ................ ............ $ ................ ..............

(4) .............. ................ ................ ................ ................ ................ ................ ........... $ .............. ................

(5) ............... ................ ................ ................ ................ ................ ............... ........... $ ............... ...............

(6) ................ ................ ................ ................ ................ ............... ................ .......... $ ................ .............. $

dc aw epss/dcs C ep ic c accs:

(1) .............. ................ ................ ................ ................ ................ ................ ........... $ .............. ................

(2) ............... ................ ................ ................ ................ ................ ................ .......... $ ............... ...............

(3) ................ ................ ................ ................ ................ ................ ................ ......... $ ................ ..............

(4) .............. ................ ................ ................ ................ ................ ................ ........... $ .............. ................

(5) ............... ................ ................ ................ ................ ................ ................ .......... $ ............... ...............

(6) ......................................................................................................................... $ .............................. $

C Ps s P 2, l 2 $

P 4

V2-12500CtRp04

dpc

ds

e (25%)

W & t

sCheDule C

ReCoNCIlIatIoN of ChaRgeaBle pRofIts wIth BalaNCeofpRofItaND loss aCCouNt(See isc n. 15)


5/16

2012BIR Nbr

sCheDule D

Cost of sales oR opeRatIoNs(See isc n. 16)

t Nr Dr, oi Cn/C

$

1. Sck ... ... ... ... ... ..............................................................

2. Pcss gs S mc ... ... ... ... ...........................................................

3. dc Ss Ws ... ... ... ... ... ... ...........................................................

4. o dc Css p accs ... ... ... ... ... ... ...........................................................

5. S ls 1 4 ... ... ... ... ... ... ... ...........................................................

6. Sck ... ... ... ... ... ... ... ...........................................................

7. Cs Ss ops (l 5 ss l 6). ... ... ... ... ...........................................................

(e P 3, Sc a, l 2)

sCheDule e

tax exempt INCome

(See isc n. 17)

$

1. is (ac Sc) ... ... ... ... ... ... ...................................................................

2. ds (ec Pc ds) dss rs Cps .............. ................ ................ ............... ......

3. Pc ds - e cps Pc ds p t epPs w sc ds p Spcc ecs ... ... ...................................................................

4. Ps p fsc ics ac (ac Sc) ... ... ...................................................................

5. app Cc f ... ... ... ... ... ... ...................................................................

6. is s app S Cps/app Cc f ... ...................................................................

7. o t ep ic ... ... ... ... ... ... ...................................................................

total (e a P 3, Sc a, l 12) ... ... ... ...................................................................

P 5

V2-12500CtRp05


6/16

2012BIR Nbr

sCheDule f

RemuNeRatIoN of DIReCtoRs (Close CompaNIes oNly)

(See isc n. 18) t Nr Dr, oi Cn/C

sCheDule g

DIVIDeNDs aND otheR DIstRIButIoNs paID oR CReDIteDto NoN-ResIDeNt shaReholDeRs

(See isc n. 19)t Nr Dr, oi Cn/C

P 6

n dc

(1)

dcsbir

n

(2)

$

n S(S fs)

(1)

C rsc

(2)

n

Ss

(3)

Css

Ss

(4)

gss ds o

dss

(5)

r W

t

(6)

W tc P

(8)

% $ $ $

t sss

(P t/Wt)

(3)

SCp

w dc

asscs

(5)

oSCp

w dc

asscs

(6)

dcsf

(7)

or

(8)

tr

w sc

(9)

S dc

s f tep

Cp

(4)

V2-12500CtRp06

d P

(7)


7/16

2012BIR Nbr

sCheDule h

lIst of shaReholDINg

[See isc n. 30(3)]t Nr Dr, oi Cn/C

y 1

31/12/ ........

i spc c y ic wc ss ws c, Cp s s s s ss spc Ss s s y ic . i c s sw .

a ss sw ys ic wc ss ws c ss c c spc s s pp.

year loSSeS to be Carried forWard year loSSeS to be Carried forWard

n Sn v Ss 31/12

wc sss w c

n Ss wc c S

ws

P 7

V2-12500CtRp07


8/16

2012BIR Nbr

sCheDule I

gRoss paymeNts aND DIstRIButIoNs (tt$ oNly)


P 8

i P

(1)

$ $ $ $

1. is , sc ... ...............................

2. rs ... ... ... ... ...............................

3. rs ... ... ... ... ............................... ............................... ............................... ................................ ...............................

4. m Cs ... ... ... ...............................

5. Cs Ps Scs tcc m Sks ... . .. . .. . .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. . .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. . .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. . .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. . .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

6. Ps ( ps p isc

Cps Cs Ps fs Scs) .. . . .. ... . ... ... ... ... ... ... ... ... ... ... . ... ... ... ... ... ... ... ... ... ... . ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... .. . ... ... ... ... ... ... ... ... ... ...

7. Csss, fs lccs ... ... ............................... ............................... ............................... ................................ ...............................

8. dscs ... ... ... ... ............................... ............................... ............................... ................................ ...............................

9. C ds... ... ... ...............................

10. sb lin 1 9ts P 3, Sc a, l 19 ... . .. . .. .. .. .. .. .. .. .. .. .. .. .. .. .. . . .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. . .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. . .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. . .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

11. prrnc Dividnd idts P 3, Sc a, l 23 (Ss ss 31/1/66) . .. ... . ... ... ... ... ... ... ... ... ... ... . ... ... ... ... ... ... ... ... ... ... . ... ... ... ... ... ... ... ... ... ... .. ... ... ... ... ... .... ... ... ... .. . ... ... ... ... ... ... ... ... ... ...

12. o ds . .. . .. ... . ... ... ... ... ... ... ... ... ... ... . ... ... ... ... ... ... ... ... ... ... . ... ... ... ... ... ... ... ... ... ... .. ... ... ... ... ... ... .... ... ... .. . ... ... ... ... ... ... ... ... ... ...

13. o ds s . .. . .. ... .. ... ... ... ... ... ... ... ... ... .. . ... ... ... ... ... ... ... ... ... ... . ... ... ... ... ... ... ... ... ... ... .. ... ... ... ... ... ... ... .... ... .. . ... ... ... ... ... ... ... ... ... ...

14. t pn nd Diribin ... ...............................

N: Di pn r b nrd in scd J, icb.

sCheDule J

gRoss paymeNts aND DIstRIButIoNsDetaIls of payees

(See isc n. 20)

tPs

(2)

tp P

(1)

n P

(2)

ass P

(3)

a P

(4)

($)

ass r Pp

(5)

b.i.r. rsn C

(6)

Ps rss

(3)

Ps n-rss

(4)

a W t

c p b i

r(5)

rcp n. d

(6)

V2-12500CtRp08


9/16

2012BIR Nbr

sCheDule k

pRoDuCtIoN CompaNy allowaNCe(See isc n. 21)

C epss ac ep awc [150% C (2)](1) (2) (3)

$ $

total C (3) l $2,000,000

e t C (3) P 3, Sc a, l 29

awc CC Spssp ac epss ic [150% C (2)] g Cs (2 3)

(1) (2) (3) (4)$ $ $

a C

Sps/Sp acs

a vs/v Pc

total C (4) l $2,000,000

e t C (4) P 3, Sc a, l 31

sCheDule l

aRtaNDCultuRe,spoRtsmeN,spoRtINgaCtIVIty,auDIo,VIsualoRVIDeopRoDuCtIoNallowaNCe(See isc n. 22)

CategoRy of expeNses amouNt

$

(a) as ks

(b) P p ss s

(c) t pcp s, sss s p cs

(d) oss ppss cc p cs

(e) P sps cc pcs

(f) i s t t

(g) t c spcs ss ps, p ks w s

(h) Cc k ss

total

Cc 150% p.(e P 3, Sc a, l 28)

sCheDule m

DetaIls of pRomotIoNal expeNses INCuRReD[See isc n. 13(f)]

P 9

t Nr Dr, oi Cn/C

V2-12500CtRp09


10/16

sCheDule o

INItIal aND weaR aND teaR allowaNCes


ClaSS a ClaSS b ClaSS C ClaSS d other ClaSS total alloWanCeS

(1) (2) (3) (4) (5) (6) (7)

1. W t r 10% 25% 33.3% 40%

$ $ $ $ $ $

2. W dw v P mc acc p

3. W dw v s acc p

4. as

5. S [ls (2) (4)]

6. i awc

7. S [l (5) s l (6)]

8. dsps Pcs

9. S [l (7) s l (8). i l (8)s l (7) e 0]

10. W t [l (1) l (9) psl (6)]

11. W dw v accP [l (9) s l (10)]

2012BIR Nbr

summaRy of allowaNCest Nr Dr, oi Cn/C

(a) i awc [l 6, C (7)]

(b) Less -q s

(c) i awc c [(a)(b)]

(Enter on Page 3, Schedule A, Line 25)

(d) W t awc [l 10, C (7)]

(e) Less -q s

(f) W t awc c [(d)(e)]

(Enter on Page 3, Schedule A, Line 26)

P 10

e C (4) p $3,000,000 P 3, Sc a, l 24e C (5) Sc o, l 4

lc fc

(1)

Cp d

(2)

ep ic

(3)

dc C

( c $500,000 c)(4)

ep $500,000

C (3) (4)(5)

sCheDule p

BalaNCINg allowaNCes aND ChaRges


(1)

W dw vP dsps

(2)$

dsps Pcs

(3)$

bc C [w C (3)s C (2)

C (3) s C (2)](4)$

*bc awc [w C (2)s C (3)

C (2) s C (3)](5)$

*bc awc s w sss Css.e t bc C P 3, Sc a, l 8e t bc awc P 3, Sc a, l 27

V2-12500CtRp10

Css aCss bCss CCss do Css

t

sCheDule N

expeNDItuRe oN CoNstRuCtIoN oR settINg up of ChIlD CaRe oR homewoRk faCIlIty

(See isc n. 23)t Nr Dr, oi Cn/C


11/16

2012BIR Nbr

sCheDule q

BalaNCe sheet(See isc n. 26)

BalaNCe sheet as at ............................................................

t Nr Dr, oi Cn/C

1. Cs k

2. accs c pps

Less:awc b ds

3. is

4. (a)as dcs

(b)as rCps

5. o C asss

6. iss(Submit Schedule)

7. asss sjc pc

Less:acc pc

8. o asss(Submit Schedule)

9. total assets

lIaBIlItIes aND equIty

10. accs p ccs

11. bk o

12. (a)as dcs

(b)as r Cps

13. C p - s

14. o C ls

15. l-

16. o ls - (Submit Schedule)

17. S Cp

(a) Pc Ss

(b) o Ss

18. Cp rss

19. r rss

20. P lss bc

21. total lIaBIlItIes aND equIty

P 11

$ $ $ $

V2-12500CtRp11

eND of INComeyeaR BegINNINg of INComeyeaR

assets (a)a (b) t (c)a (d) t


12/16

2012BIR Nbr

sCheDule R

DouBle tax RelIef

(See isc n. 27)

t Nr Dr, oi Cn/C

n Cp tp ic (ds, % iss Ss gss ic t p r t d tPs w is, rs, r, v Sck P f C f rc s c c.) Cp w dc C C

(p cc rc Cp, w t C) ppc f

C

(1) (2) (3) (4) (5) (6) (7)

% $ $ $ $

e t C (7) P 2, l 4

P 12

v Cp a r t v Cp C C C C c wCp wc is is t C w C. (4) + C. (5) C. (6)iss s C. (2) C. (3)

(1) (2) (3) (4) (5) (6) (7)

$ % $ $ $ $

e t C. (6) P 2, l 6

sCheDule s

VeNtuRe CapItal tax CReDIt

(See isc n. 28)

t Nr Dr, oi Cn/C

V2-12500CtRp12


13/16

n S Cp acc P wc s c t lss sb.i.r. f n S Cp [e p 13, Sc u, C. (5)

S Cps ]

2012BIR Nbr

sCheDule t

gRoup RelIef(See isc n. 29)

P 13

C Ps/lsss b w C y a C ys n a n Ps/ lsss C

lsss lsss, lss Ps/ic lsss ic a w

s S lsss S

(1) (2) (3) (4) (5) (6) (7)

$ $ $ $ $ $ $

(a) f

(b) op ms

(c) t bsss

(d) h ops

(e) P/fsc ics

(f) is

(g) rs/rs

(h) S-t Cp gs

(i) o

totals

enr t Cn (5) n p 3, scd a, lin 35

w r cn in srdin? y N I y, c scd h

sCheDule u

ComputatIoN of loss RelIef(See isc n. 30)

t Nr Dr, oi Cn/C

n C Cp acc P wc s c C ps C Cpb.i.r. f n C Cp z p

(e P 3, Sc a, l 37 C Cps )

V2-12500CtRp13


14/16

2012BIR Nbr

sCheDule V

statemeNt of BusINess leVy lIaBIlIty aND ComputatIoN ofINteRest oN shoRt paymeNts

(See isc n. 31)

d icp bsss(dd mm yyyy )

J. m.

ap J

J Sp.

oc. dc.

total ... ...

Note: Inr b ccd 20 % r nn r d in nd rr n Bin lv libii bc d 30 ari, 2013 r d n icvr i rir.

J. m.

ap J

J Sp.

oc. dc.

total ... ... ...

t Bin lv libii

enr n p 2, lin 9

P 14

V2-12500CtRp14

a gss Ss/rcps 2012(J. dc.)

(2)

$

Qs

(1)

$

bsss l l[0.2% C (2)]

(3)

$

t os[l C (3)]

(4)

$

Qsbsss l P

(5)

$

Cp 90% C (3)

(6)

$

Cp 10% C. (3) ps q

(7)

$

m P C (6) + C (7)

(8)

$

S Ps C (8) sC (4) +C (5)

(9)

$

* fr 2nd, 3rd nd 4 rr, c 10% Cn (3) rvi rr nd inr i in i cn. fr : c 10% 1 rr (Jnr mrc) nd inr n in i cn in 2nd rr (ari Jn).


15/16

2012BIR Nbr

sCheDule w

INstallmeNts paID IN RespeCt of CoRpoRatIoN tax, BusINess aND gReeN fuND leVy

foR the yeaR of INCome 2012

(See isc n. 32)

t Nr Dr, oi Cn/C

CorPoration tax buSineSS levy GREEN FUND LEVY

(1) (2) (3)

Qs d P rcp n. a d P rcp n. a d P rcp n. a$ $ $

J. m.

ap J

J Sp.

oc. dc.

o Ps spc 2012 l

total iss p (e total (e total P 2, l 11) P 2, l 12)

P 15

V2-12500CtRp15


16/16

*Cp 10% C (3) ps q

(6)

2012BIR Nbr

sCheDule x

statemeNt of gReeN fuND leVy lIaBIlIty aND ComputatIoN of

INteRest oN shoRt paymeNts(See isc n. 33)

t Nr Dr, oi Cn/C

total gReeN fuND leVy lIaBIlIty

i C (3) s C (4), i C (3) s ss C (4), g f l P g f l r

g f l l[0.1% C (2)]

(3)

ac gss Ss/rcps 2012(J dc)

(2)

Qs

(1)

J. m.

ap J

J Sp.

oc. dc.

total ... ... ...

t grn fnd lv libii

Qs g f l P

(4)

Cp 90% C (3)

(5)

m P dCs (5) + (6)

(7)

S PsC (7) s C (4)

(8)

* fr 2nd, 3rd nd 4 rr, c 10% Cn (3) rvi rr nd inr i in i cn. fr : c 10% 1 rr (Jnr mrc) nd inr n in i cn in 2nd rr (ari Jn).

Note: Inr b ccd 20 % r nn r d in nd rr n grn fnd lv libii bc d 30 ari, 2013 r d n icvr i rir.

J. m.

ap J

J Sp.

oc. dc.

total ... ...

V2-12500CtRp16

Documents

Corp Tax 2012 Master Trinidad and Tobago