How do I complete sch 7 for Bco when Bco contracts with related Aco and Aco gets its income from a partnership. I know SBD no longer applies. Just don’t know how to do it
A co gets income from partnership. B co contracts with A co to provide services. How do I complete schedule 7 as I know B co no longer gets SBD (or at most the SBD A co gets from partnership, ie percentage of income in partnership x 500,000.
01997
1 Replies
william_newfeld
New Member
Oct 30, 2019 6:28:47 PM
Hello,
Unfortunately we are not fiscal experts and thus unable to provide tax advice on how to complete this form, in this case I would recommend contacting CRA tax tip line at 1-800-267-6999 who should be able to provide you a more detailed answer.