Alberta Royalty Programs for Individuals and Trusts

Overview and Links to Related Forms

Currently, Alberta provides four tax incentives for individuals with resource income. Please note that as announced by the Alberta government on September 21, 2006, (Energy Minister confirms end of Alberta Royalty Tax Credit Program), Alberta discontinued its ARTC and RCIT programs for corporations, individuals and trusts effective January 1, 2007. See Special Notice Vol. 5 No. 21, Discontinuance of Alberta Royalty Tax Credit (ARTC) and Royalty Credit for Individuals and Trusts (RCIT) Programs.

Administered by the Canada Revenue Agency (CRA)

The Royalty Tax Rebate is administered by the CRA and claimed by filing CRA Form T79 with your personal income tax return. When crown charges exceed the resource allowance and the excess is not deductible when computing net income, the royalty tax rebate returns the Alberta tax paid on the excess amount.

• CRA Form T79 - Alberta Royalty Tax Rebate (Individuals)
• Note: please direct your questions about your personal income taxes to the Canada Revenue Agency, or visit CRA’s “Get Ready” site.

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Administered by Tax and Revenue Administration (TRA), Alberta Treasury Board and Finance

Rebates under the following programs must be claimed by filing forms AT245 and/or AT60 with TRA.  Please note: an individual is entitled to the refunds only if this application is filed and received by TRA within three years from the end of the taxation year.

• The Royalty Credit for Individuals and Trusts returns a variable portion (currently 25%) of the Alberta Crown royalties paid. Form AT60 is used to calculate amounts payable to you under this program.
  
  
  • Form AT60 - Alberta Royalty Credit and Alberta Tax Refunds Application For Individuals
    
    
  • See also:
    • Alberta Corporate Tax Act Guide for Applicants - Alberta Royalty Credit (For Individuals, Trusts and Estates)
      
      
    • 2007 Guide to Completion of Alberta Royalty Tax Credit - AT1 Schedule 6 - Crown Royalty Shelter and Form AT4, Alberta Royalty Tax Credit - AT1 Schedule 6
      
      
• The Alberta government did not parallel all of the 2003 federal changes to the taxation of resource income. This necessitated the introduction of two tax refunds to offset the phase-out of the resource allowance regime and the phase-in of the federal tax on benefits under the Royalty Credit for Individuals and Trusts program:
  
  
  • The Resource Allowance Tax Refund is provided for 2003 to 2006. When your resource allowance is greater than your crown charges and a portion of the excess was not allowed as a deduction in computing your taxable income, this program refunds the Alberta tax paid on the portion of the excess that was not deductible.
    
    
  • Alberta tax paid on benefits from the Royalty Credit for Individuals and Trusts program that are included in taxable income according to the federal schedules is also refunded.

  Both refunds are calculated on:

  • Form AT245 - Schedule for Calculating the Alberta Tax Refund for Individuals and Trusts and carried forward to Form AT60. 
    See also: IN245 - Background and Completing Instructions

See also:  Alberta Royalty Tax Credit Quarterly Rates.  For more information on Alberta Royalty Programs for Individuals and Trusts, please contact Tax and Revenue Administration, Alberta Treasury Board and Finance.

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