Available Tax Forms
 All-in-one data center
 Checklist
 T4
 T4A
 T4A(OAS)
 T4A(P)
 T4E
 T4PS
 T4A-RCA
 T4RIF
 T4RSP
 T5
 T4FHSA
 T3
 T5007
 T5008
 T5013
 RC210
 T1 GENERAL
 NL428
>>Show more forms
HomeTax calculator

Protected B when completed 

Newfoundland and Labrador Tax

T3NL


2023
 
 
 
Complete this form for a trust resident in Newfoundland and Labrador or for a non-resident trust that carries on a business through a permanent establishment in Newfoundland and Labrador. Include a
completed copy of this form with the trust's return.
 
Taxable income (line 43 of the return)    1
 

Step 1 – Newfoundland and Labrador tax on taxable income

 
Graduated Rate Estates (GRE) or Qualified Disability Trusts (QDT)
 
Use the amount on line 1 to determine which one of the following columns you have to complete.
 


If the amount from line 1 is:
 

$41,457 or less
more than $41,457,
but not more than
$82,913
more than $82,913,
but not more than
$148,027
more than $148,027,
but not more than
$207,239
more than $207,239,
but not more than
$264,750
more than $264,750,
but not more than
$529,500
more than $529,500,
but not more than
$1,059,000

more
than $1,059,000
 
Enter the amount from line 1.    2
Base amount    3
Line 2 minus line 3   = = = = = = = =  4
Rate    x               8.7%  x              14.5%  x              15.8%  x             17.8%  x             19.8%  x             20.8%  x             21.3%  x             21.8%  5
Line 4 multiplied by line 5   = = = = = = = =  6
Tax on base amount   + + + + + + + +  7
Newfoundland and Labrador
tax on taxable income
   
(line 6 plus line 7)   = = = = = = = =  8
 
Trusts other than GRE and QDT
 
Newfoundland and Labrador tax on taxable income: (amount from line 1)   x 21.8% =    9
 

Step 2 – Donations and gifts tax credit

Total donations and gifts
  Line 14 of Schedule 11A 13012  
  On the first $200 or less     x 8.7% =    10
  On the remainder     x 21.8% =   +  11
  Donations and gifts tax credit (line 10 plus line 11) 13014 = 12
 

Step 3 – Newfoundland and Labrador tax

Enter the amount from line 8 or line 9 above. 13011 13
Newfoundland and Labrador recovery tax (line 42 of Form T3QDT-WS) 13013 + 14
Subtotal (line 13 plus line 14)   =  15
 
Continue on the next page.
 
T3NL E(23) (Ce formulaire est disponible en français.) Page 1 of 2   Canada Logo

Protected B when completed
 
Step 3 – Newfoundland and Labrador tax (continued)
Donations and gifts tax credit (line 12)    16
 
Dividend tax credit
  Line 24 of Schedule 8   x 22.88% = 13018 + 17
  Line 31 amount of Schedule 8   x 24.533% = 13015 + 18
Minimum tax carryover
  Line 19 of Schedule 11   x 58% = 13016 + 19
Total credits (add lines 16 to 19)   =  ►  20
Subtotal (line 15 minus line 20. If negative, enter "0".)   =  21
 
Newfoundland and Labrador additional tax for minimum tax purposes (amount A of Chart 3 from Schedule 12) 13002 + 22
Subtotal (line 21 plus line 22) 13005 =  23
 
Newfoundland and Labrador foreign tax credit (from Form T3 PFT, T3 Provincial or Territorial Foreign Tax Credit) 13060 24
 
Newfoundland and Labrador tax (line 23 minus line 24. If negative, enter "0".) 13090 =  25
Enter the amount of line 25 on line 45 of the return.
 
If you have questions...
If you have questions about Newfoundland and Labrador tax and credits, visit the Canada Revenue Agency (CRA) website at canada.ca/taxes or call 1-800-959-8281.
 
See the privacy notice on your return.
 
T3NL E(23) Page 2 of 2