All the information you need to calculate your Prince Edward Island tax and credits is included on the following pages. You will find two copies of Form PE428, Prince Edward Island Tax and Credits, in this book. Attach a completed copy of Form PE428 to your return.

What's new for 2001?

The way you calculate your Prince Edward Island tax has changed. It is no longer a percentage of federal income tax. Prince Edward Island tax will now be calculated by applying provincial tax rates to taxable income (line 260 of your return). Provincial non-refundable tax credits are then deducted from this amount.

Form PE428, Prince Edward Island Tax and Credits, reflects this change.

If you have questions…

If you have questions about the Prince Edward Island political contribution tax credit, contact:

Office of the Comptroller
Department of the Provincial Treasury
P.O. Box 2000
Charlottetown PE C1A 7N8

Telephone: (902) 368-4020

If you have questions about Prince Edward Island tax and the low-income tax reduction, contact:

Charlottetown Tax Services Office
Canada Customs and Revenue Agency
161 St. Peters Road
P.O. Box 8500
Charlottetown PE C1A 8L3

Call 1-800-959-8281.

To request forms call 1-800-959-2221.

You will find other telephone numbers listed in the federal government section of your telephone book and on the Canada Customs and Revenue Agency's Web site at www.ccra.gc.ca/tso/ .