Form T2 Schedule 514 is used in Canada for reporting the Ontario Capital Tax on Financial Institutions for the years 2009 and later. It is a specific tax schedule for financial institutions operating in Ontario.
The financial institutions in Ontario file the Form T2 Schedule 514 Ontario Capital Tax.
Q: What is T2 Schedule 514?
A: T2 Schedule 514 is a form used in Canada for reporting Ontario Capital Tax on Financial Institutions.
Q: Who needs to file T2 Schedule 514?
A: Financial institutions operating in Ontario may need to file T2 Schedule 514.
Q: What tax years does T2 Schedule 514 apply to?
A: T2 Schedule 514 applies to tax years starting in 2009 and later.
Q: What is Ontario Capital Tax?
A: Ontario Capital Tax is a tax imposed on financial institutions operating in Ontario.