Terra Tax Savings Calculator

Terra Tax Savings Calculator

Consult your Financial Advisor to ensure this investment is suitable for you.

Calculator Inputs

Ontario
Individual
250,000
10,000
0
80
Taxable income is gross income (salary, bonus, pension or interest income, 50% of a capital gain etc.) less RRSP deductions, interest expenses, etc & exemptions. Investment income for a CCPC includes interest income, foreign dividend income, rental income & taxable capital gains.
NAV on Redemption is the expected future value of the investment expressed as a percentage.
Cash Flow & Rate of Return Year 1
Investment
Year 2
Rollover 1
Years 3 - 5
Post Rollover
Investment - -
Annual Tax Savings 2
NAV on Redemption - -
Capital Gains Tax on Redemption3 - -
Cash Flow - $
Cumulative Return - $
Rate of Return - %

Rate of return for is calculated as the total Cumulative Return for divided by the Capital at Risk in year 1 for .

1 Rollover is targeted for June in the 2nd calendar year. 2, 3 See following tables.

2 Tax Savings Year 1
Investment
Year 2
Rollover
Years 3 - 5
Post Rollover
A. CEE & Other Deductions
B. Average Tax Rate 4
C. Tax Savings - CEE & Other ( A x B )
D. Tax Savings - METC 5, 6 -
E. Tax Savings - CMETC 5, 6 -
Annual Tax Savings ( C + D + E )

4 Average tax rate is the average rate over multiple income tax brackets & determines the value of CEE & Other deductions.

5 METC is the federal 15% Mineral Exploration Tax Credit; CMETC is the federal 30% Critcal Mineral Exploration Tax Credit.

6 METC & CMETC are only available to individuals (and not corporations) and taxable as income in year 2.

3 Capital Gains Tax on Redemption Year 2
Rollover
A. NAV on Redemption
B. Less: Eligible Capital Loss Carry Forward
C. Net Taxable Capital Gain ( A - B )
D. Tax Rate on Capital Gain (50% inclusion rate)
Capital Gains tax on Redemption ( C x D )