Common Questions about Manufacturing and Processing Profits Tax Reduction
Where do I send my application?
The Canada Revenue Agency administers the Manufacturing and Processing Profits Tax Reduction program on behalf of the Government of Saskatchewan. Corporations must complete Schedule 404 in the T2 Corporation Income Tax Return. Credits will be applied directly against any Saskatchewan Tax payable calculated on the return.
What if I have had a reassessment?
Reassessments should be submitted to the Canada Revenue Agency.