schedule56

Part II.2 Tax on Repurchases of Equity

Kind

batch

Program

T2 Corporation Income Tax Return

Supported tax years

2024 and later

Strict profile

s56_single_gross_repurchase_profile_target_value_v1

Payload schema version

0.23.0

Dependencies (run automatically)

none

Example request

Send this body to POST /api/v1/computations/batch. This example works with or without payloadContract.

{
  "compute": [
    "schedule56"
  ],
  "inputs": {
    "taxYear": 2025,
    "daysInYear": 365,
    "fiscalStart": "2025-01-01",
    "fiscalEnd": "2025-12-31",
    "t2Jacket": {
      "applicability": {
        "equityBuybackPartII2": true
      },
      "identification": {
        "isResidentOfCanada": true
      }
    },
    "schedule56": {
      "line200TotalFmvEquityRedeemed": 10000000,
      "amountATotalFmvReorgRepurchased": 0,
      "amountBTotalFmvReorgEquityConsideration": 0,
      "amountDQualifyingIssuanceFmv": 0,
      "amountESpecifiedAffiliateDispositionFmv": 0
    }
  }
}

Input cells (306)

Paths are relative to the request's inputs object. [] marks an array element.

Cells marked always require a non-null value in every request. Cells marked strict are required when you supply this target's payloadContract. See Run computations.

Unknown cells and JSON type mismatches return 400 with the affected cells in the error details.

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Output cells (54)

Paths are relative to this target's result object in the response.

Loading the cells. The Markdown version lists them too.