5011-S14 (Page 1 of 3) Protected B when completed 2025 Schedule YT(S14) Yukon Government Carbon Price Rebate The Yukon government carbon price rebate is an amount paid to help offset the cost of the federal carbon pollution pricing levy. Attach a copy of this schedule to your paper return. Yukon business carbon price rebate The Yukon business carbon price rebate applies to an eligible Yukon business taxpayer or an eligible Yukon mining business taxpayer with a tax year ending before April 1, 2025. It includes the general business carbon price rebate and the mining business carbon price rebate. This refundable tax credit is based on the undepreciated capital cost (UCC)of eligible assets used in your eligible Yukon business or eligible Yukon mining business, as shown in the capital cost allowance (CCA)schedule that you used to calculate your business income or your share of income from a partnership. You may be able to claim these rebates if you operated an eligible business or eligible mining business in Yukon, or you earned income from a rental property while you lived in Yukon. For more information, including definitions of certain terms, go to canada.ca/yt-tax-info and read "Yukon business carbon price rebate" under "Form YT479 - Yukon Credits". Eligible Yukon mining UCC for eligible Yukon mining assets Complete the table below if you operated an eligible Yukon mining business with eligible Yukon mining assets. If not, enter "0" at line 7 and continue at line 8. If you need more space, use a separate sheet of paper. *** Transcriber's Note: In print, the following table is set-up as 7 columns, labelled as: Column 1 Class number of eligible Yukon mining asset (Note 1); Column 2 Prescribed inclusion rate (Note 2); Column 3 Prescribed fraction (Note 3); Column 4 UCC at the end of the year; Column 5 Capital cost allowance claimed for the year; Column 6 Column 4 plus column 5; Column 7 Eligible Yukon UCC at the end of the year for eligible Yukon mining assets (column 2 multiplied by column 3 multiplied by column 6). *** Column 1 Class number of eligible Yukon mining asset (Note 1) ^ Column 2 Prescribed inclusion rate (Note 2) ^ Column 3 Prescribed fraction (Note 3) ^ Column 4 UCC at the end of the year ^ Column 5 Capital cost allowance claimed for the year ^ Column 6 Column 4 plus column 5 ^ Column 7 Eligible Yukon UCC at the end of the year for eligible Yukon mining assets (column 2 multiplied by column 3 multiplied by column 6) ^ Line 1: Add the amounts from column 7. = ^ Line 2: Prescribed mining adjustment factor (Note 4) ^ Line 3: Line 1 multiplied by line 2 Eligible Yukon mining UCC = ^ Line 4: Eligible Yukon mining UCC allocated from partnerships (Note 5) = ^ Line 5: Line 3 plus line 4 Total eligible Yukon mining UCC = ^ Line 6: Mining business rebate factor ($36.47 for each $1,000 of eligible Yukon mining UCC) 0.03647 Line 7: Line 5 multiplied by line 6 Enter this amount on line 63856 of your Form YT479. Yukon mining business carbon price rebate = ^ If the tax year is shorter than 12 months, prorate the Yukon mining business carbon price rebate by dividing the number of days in the tax year by 365. 5011-S14 (Page 2 of 3) Eligible Yukon UCC for eligible Yukon assets Complete the table below if you operated an eligible Yukon business with eligible Yukon assets. Do not include eligible Yukon mining assets in this table. If you need more space, use a separate sheet of paper. *** Transcriber's Note: In print, the following table is set-up as 7 columns, labelled as: Column 1 Class number of eligible Yukon asset (Note 6); Column 2 Prescribed inclusion rate (Note 7); Column 3 Prescribed fraction (Note 3); Column 4 UCC at the end of the year; Column 5 Capital cost allowance claimed for the year; Column 6 Column 4 plus column 5; Column 7 Eligible Yukon UCC at the end of the year (column 2 multiplied by column 3 multiplied by column 6). *** Column 1 Class number of eligible Yukon asset (Note 6) ^ Column 2 Prescribed inclusion rate (Note 7) ^ Column 3 Prescribed fraction (Note 3) ^ Column 4 UCC at the end of the year ^ Column 5 Capital cost allowance claimed for the year ^ Column 6 Column 4 plus column 5 ^ Column 7 Eligible Yukon UCC at the end of the year (column 2 multiplied by column 3 multiplied by column 6) ^ Line 8: Add the amounts from column 7. = ^ Line 9: Eligible Yukon UCC allocated from partnerships (Note 8) ^ Line 10: Line 8 plus line 9 Total eligible Yukon UCC = ^ Line 11: General business rebate factor ($22.20 for each $1,000 of eligible Yukon UCC) 0.02220 Line 12: Line 10 multiplied by line 11 Enter this amount on line 63855 of your Form YT479. Yukon general business carbon price rebate = ^ If the tax year is shorter than 12 months, prorate the Yukon general business carbon price rebate by dividing the number of days in the tax year by 365. See the privacy notice on your return. Note 1 The following classes are prescribed for the purposes of the definition eligible Yukon mining asset: - Category 4 (buildings and equipment that burn fossil fuels): classes 1, 3, 10, 10.1, 13, 16, 22, 28, 29, 38, 39, 40, 41, 41.2, 43, and 53 - Category 5 (green assets): classes 43.1, 43.2, 54, 55, and 56 The classes prescribed for the purposes of the definition eligible Yukon mining asset are subject to change. Where the list of classes provided here differs from that provided in the Carbon Price Rebate General Regulation, the latter takes precedence. Note 2 The inclusion rates for prescribed classes of eligible Yukon mining assets are: - For category 4 (buildings and equipment that burn fossil fuels): classes 1, 3, 10, 10.1, 13, 16, 22, 28, 29, 38, 39, 40, 41, 41.2, 43, and 53 use 100% - For category 5 (green assets): classes 43.1, 43.2, 54, 55, and 56 use 500% multiplied by the general business rebate factor (line 11) for the financial year in which the tax year ends, divided by the mining business rebate factor (line 6) for that financial year Note 3 If you do not use cross-border transport equipment, enter "1". If you use cross-border transport equipment principally to transport passengers or goods from Yukon to outside of Yukon, or you make an election under subsection 16(11) of the Yukon Income Tax Act, enter the prescribed fraction. The prescribed fraction equals the net fuel quantity you used in Yukon for operating the cross-border transport equipment for the tax year, divided by the net fuel quantity you used worldwide (including in Yukon) in operating that equipment. Enter a decimal number less than or equal to 1 with a maximum of two decimal places to express this fraction. Note 4 Enter the Prescribed mining adjustment factor that applies to you: - "2" if you carry on a specified placer mining business in the tax year and do not carry on a specified quartz mining business in the tax year - "1" if you carry on a specified quartz mining business in the tax year 5011-S14 (Page 3 of 3) Note 5 If you are at any time a member of a partnership that is an eligible Yukon mining business partnership, the eligible Yukon mining UCC from the partnership at the end of your tax year that includes that time is equal to your specified proportion of the eligible Yukon mining UCC to the partnership at the end of the partnership's fiscal period that includes that time. Enter the total of all eligible Yukon mining UCCs provided by the partnerships of which you are a member. Note 6 The following classes are prescribed for the purposes of the definition eligible Yukon asset: - Category 1 (buildings): classes 1 and 3 - Category 2 (equipment that burns fossil fuels): classes 10, 10.1, 13, 16, 22, 28, 29, 38, 39, 40, 43, and 53 - Category 3 (green assets): classes 43.1, 43.2, 54, 55, and 56 The classes prescribed for the purposes of the definition eligible Yukon asset are subject to change. Where the list of classes provided here differs from that provided in the Carbon Price Rebate General Regulation, the latter takes precedence. Note 7 The inclusion rates for prescribed classes of eligible Yukon assets are: - For category 1 (buildings): classes 1 and 3 use 50% - For category 2 (equipment that burns fossil fuels): classes 10, 10.1, 13, 16, 22, 28, 29, 38, 39, 40, 43, and 53 use 250% - For category 3 (green assets): classes 43.1, 43.2, 54, 55, and 56 use 500% Note 8 If you are at any time a member of a partnership that is an eligible Yukon business partnership, the eligible Yukon UCC from the partnership at the end of your tax year that includes that time is equal to your specified proportion of the eligible Yukon UCC to the partnership at the end of the partnership's fiscal period that includes that time. Enter the total of all eligible Yukon UCCs provided by the partnerships of which you are a member.