In the formulas in the first paragraph,(a) A is the aggregate of all amounts each of which is equal to the amount obtained by multiplying the corporation’s income for the taxation year from its eligible activities, in relation to a large investment project, by the proportion that the number of days in the corporation’s tax-free period for the year, in relation to the large investment project, is of the number of days in the year;
(b) B is the aggregate of all amounts each of which is equal to the amount obtained by multiplying the corporation’s loss for the taxation year from its eligible activities, in relation to a large investment project, by the proportion that the number of days in the corporation’s tax-free period for the year, in relation to the large investment project, is of the number of days in the year;
(c) C is the prior loss attributable to eligible activities of the corporation for the year;
(d) D is the aggregate of all amounts each of which is equal to the amount obtained by multiplying the partnership’s income for the fiscal period from its eligible activities, in relation to a large investment project, by the proportion that the number of days in the partnership’s tax-free period for the fiscal period, in relation to the large investment project, is of the number of days in the fiscal period;
(e) E is the aggregate of all amounts each of which is equal to the amount obtained by multiplying the partnership’s loss for the fiscal period from its eligible activities, in relation to a large investment project, by the proportion that the number of days in the partnership’s tax-free period for the fiscal period, in relation to the large investment project, is of the number of days in the fiscal period; and
(f) F is the prior loss attributable to eligible activities of the partnership for the fiscal period.
A corporation may deduct an amount under the first paragraph in computing its taxable income for a taxation year only if it encloses, with the fiscal return it is required to file under section 1000 for the year,(a) the prescribed form containing prescribed information; and
(b) in relation to each large investment project referred to in the first paragraph of the corporation or of a partnership of which the corporation is a member,i. the financial statements relating to the eligible activities of the corporation or partnership, in relation to the large investment project, for the taxation year or fiscal period, as the case may be,
ii. a copy of the qualification certificate issued to the corporation or partnership in respect of the large investment project,
iii. a copy of the certificate issued for the corporation’s taxation year or the partnership’s fiscal period, as the case may be, in relation to the large investment project,
iv. where the large investment project is a project of the partnership, a copy of each agreement referred to in section 737.18.17.10 in respect of the fiscal period of the partnership that ends in the taxation year or in a preceding taxation year, in relation to the project, unless it has already been filed, and
v. where the corporation or partnership acquired or sold all or substantially all of the recognized business in relation to the large investment project, a copy of the agreement referred to in section 737.18.17.12 in respect of the transfer, unless it has already been filed.