Step 1: Partnership's gross revenue
Work out the partnership's gross revenue that is passive income after exclusions
Category of passive income |
Amount |
|---|---|
Interest |
$ |
Annuities |
$ |
Tainted royalty income |
$ |
Tainted rental income |
$ |
Dividends |
$ |
Other passive income |
$ |
Total in a |
$ |
Step 2: Partnership's gross revenue
Category |
Amount |
|---|---|
Work out the partnership's gross revenue that is tainted sales income after exclusions - item a from part A less items b and c from part A. Show at b. |
$ |
Step 3: Tainted services income
Category |
Amount |
|---|---|
Work out the partnership's gross revenue that is tainted services income after exclusions - item a from part A less items b and c from part A. Show at c. |
$ |
Step 4: Partnership's net gains
Work out the partnership's net gains included in gross turnover that are tainted income.
Category |
Amount |
|---|---|
Net capital gain - from part |
$ |
Net tainted commodity gain |
$ |
Smaller amount |
$ |
Net exchange gain - from part A |
$ |
Net tainted exchange gain |
$ |
Smaller amount |
$ |
Net gain from assets - from part A |
$ |
Net gain from tainted assets |
$ |
Smaller amount |
$ |
Total smaller amounts in d |
$ |
Step 4: The CFC's share
Work out the CFC's share of the gross tainted turnover of partnerships in which the CFC is a partner - see worksheet 3.
Name of partnership |
Amount |
|---|---|
- |
$ |
- |
$ |
- |
$ |
Total in d |
$ |
Gross turnover of the partnership in B |
$ |