[Verse 1]
Picture the CRA as a building tall
Each prefix is a floor, gotta learn them all
When you know which level, the numbers make sense
No more confusion, no more pretense
Start in the basement with that letter B
Excise duty returns, the taxman's bill you see
Ground floor is GST, sales tax domain
Once you know the pattern, it's easy to explain
[Chorus]
Building model, floor by floor
Know your prefix, find the door
T1 individuals, T2 corps
T3 trusts, T4 slips and more
Building model, navigate
Every floor has its place
RC lobby, admin space
Master the building, win the race
[Verse 2]
First floor T1, that's five thousand too
Individual returns, me and you
Second floor T2, corporations reside
Third floor T3, where the trusts hide
Fourth floor T4, slips going TO people
Information reporting, keep it simple
Fifth floor T5, investments flow
T5013 partnerships, now you know
[Chorus]
Building model, floor by floor
Know your prefix, find the door
T1 individuals, T2 corps
T3 trusts, T4 slips and more
Building model, navigate
Every floor has its place
RC lobby, admin space
Master the building, win the race
[Verse 3]
Lobby's RC, registrations and admin
CRA's Swiss army knife, let the games begin
Loading dock is L for licenses and regimes
Parking garage CPT, international schemes
Social security for people going places
Cross-border movement, familiar faces
Most practitioners live on two or three
Pick your floors based on your specialty
[Bridge]
Sole proprietor stays on floor one
Corporate tax shop, second floor's fun
Trust and estate lawyers live on three
Payroll lives on four, that's the key
Everyone visits the lobby sometimes
RC forms keep everything in line
[Chorus]
Building model, floor by floor
Know your prefix, find the door
T1 individuals, T2 corps
T3 trusts, T4 slips and more
Building model, navigate
Every floor has its place
RC lobby, admin space
Master the building, win the race
[Outro]
Now you see the pattern clear
CRA building, nothing to fear
Know your floor, know your code
Building model lights the road