I am preparing the T2 for a federally incorporated corp that operates only in Alberta. What do I enter as jurisdiction so that the federal tax payable calculates as 11%?
If I do not enter any jurisdiction, the company pays 10% more federal tax because the income has not been allocated to a province. If I enter Alberta as the jurisdiction, the system shows proper federal tax payable of 11% but it also calculates another 3% Alberta tax payable - which is not correct either because the company is not incorporated in Alberta and thus has no provincial tax account number. Help!!