  Status change |
Use StatusChange to enter any of the following changes of status which occurred during this taxation year.
The following options are applicable for the keyword StatusChange.
Amended return Use this option if this is an amended return. DT Max will tick the amended return box on the CO-17 return. On the T2 return, no box exists requesting whether this is an amended return.
Deemed tax year-end (subsection 249(3.1)) If the tax year-end is a deemed tax year-end in accordance with subsection 249(3.1), use this option.
1st year - amalgamated corporation An amalgamated corporation is requested to indicate that this is the first year after amalgamation on page 1 of the T2 return. Enter the date of the amalgamation using the ChangeDate keyword. The information entered relating to predecessor corporations in this group will print on Schedule 24 (T2S(24)).
Enter any loss carryforward balances transferred from predecessor corporations in the LossCF-Pred group.
1st year - subsidiary's winding-up If this is the first year of a parent corporation after a subsidiary's wind-up, enter this type so that DT Max can enter this information on Schedule 24 (T2S(24)). Information relating to subsidiary corporations entered in this group will be printed on Schedule 24 (T2S(24)). Enter the commencement date of the windup in the Commence-Windup keyword. Enter the date of the wind-up using the ChangeDate keyword. Enter any loss carryforward balances transferred from subsidiary corporations in the LossCF-Pred group.
Final year due to amalgamation If this is the final taxation year before amalgamation, use this option. This information will be indicated on page 1 of the T2 and AT1 returns.
Final year due to winding-up
Final year - acquisition of control Use the above options if this is the final taxation year before a subsidiary's wind-up or an acquisition of control and the taxation year is not the same as last year. Enter the prior year-end, if different, in the PrevYearEnd keyword.
Before an acquisition of control, you can elect a deemed disposal of capital property in accordance with Fed ITA sect. 111(4)(e) in order to use up capital losses inherent in property owned deemed to be realized. Indicate the deemed disposal in either the CCA-Class or CapitalProp group, depending on the property type, by choosing yes in the DeemedDisp keyword. On Schedule 6 (T2S(6)), DT Max will tick the box indicating a sect. 111(4)(e) deemed disposal is being made.
Final return up to dissolution Whether this is the final return up to this corporation's dissolution is requested on page 1 of the T2 return.
Final return - discontinuance of perm. establishment If this is the final return due to the discontinuance of permanent establishment in Alberta, use this option. This information will be indicated on page 1 of the AT1 return.
New fisc. year - acquis. of control Whether this taxation year is different from the prior year due to an acquisition of control is requested information on page 1 of the T2 return. Enter the date on which control was acquired in the ChangeDate keyword and the prior year-end date in the PrevYearEnd keyword in this group.
Bankruptcy of corporation Choose "Corporation became bankrupt" if the corporation is bankrupt. If the bankruptcy date entered in ChangeDate.b is after the corporation's YearEnd date, DT Max will assume that a change in taxation year has occured as the taxation year is deemed to have ended on the date immediately before bankruptcy; see Federal ITA section 128(1)(d) for more details. DT Max will carry forward the bankruptcy date to the next taxation year.
If the corporation was bankrupt throughout the year ( ChangeDate.b is before the YearEnd date), DT Max will not calculate part I.3 tax for the corporation. See Federal ITA section 128(1) for more details.
New fiscal year - floating Whether this corporation has a floating fiscal year is requested on page 1 of the CT-23 return. On page 1 of the T2 return, the change in fiscal year box will be ticked and "Floating fiscal year-end" will be printed as the reason for the change in the taxation year.
New fiscal year - other reason Whether this taxation year is different from the prior year for another reason (not an acquisition of control) is requested information on page 1 of the T2 return. Enter the prior year-end date in the PrevYearEnd keyword.
Change in specialty type
Change in type of corporation Whether the corporation type is different from that of the prior year is requested information on page 1 of the T2 return. Enter the prior year corporation type in the PreviousType keyword.
If the corporation was formerly a Canadian-controlled private corporation (CCPC), it remains eligible to receive a dividend refund on taxable dividends paid while the corporation was still a CCPC. DT Max defaults (assumes) that this is the case and will calculate the allowable dividend refund based on taxable dividends paid entered in DividendPaid keyword. If this assumption is incorrect i.e. taxable dividends were paid while the corporation was not a CCPC, enter the appropriate dividend refund, if any, in the DivRefundOV keyword.
Election under QTA 518 (ITA 85) An election under QTA sect. 518 is the equivalent of the Fed ITA sect. 85 rollover of property into this corporation. The election date and Quebec registration numbers of any other corporations involved in the rollover is requested information on page 1 of the CO-17 return.
Change in head office address Change in head office address is relevant for federal Schedule 200 and B.C. general return.
Change in mailing address Change in mailing address is relevant for Ontario and Saskatchewan purposes only. DT Max will print a CT-23 change in address notification form when this is chosen and the information requested is entered.
Change in location of books and records Change in location of books and records is relevant for federal Schedule 200.
Change in name of corporation Change (articles of amendment) in corporation's name should be indicated.
Emigration from Canada Information as to whether the corporation emmigrated from Canada is requested on page 3 of the T2 return.
Immigration to Canada Information as to whether the corporation immigrated to Canada is requested on page 3 of the T2 return.
Ceased eligibility as a quarterly instalment remitter If the corporation was eligible to remit instalments on a quarterly basis for part of the tax year and ceased to be eligible, use this option.
 See the Taxnet Pro™ T2 Line-by-Line Guide (subscription required):
Line 010 - Change in head office address
Line 020 - Change in mailing address
Line 030 - Change in location of books and records
Line 043 - Change in type of corporation
Line 063 - Acquisition of control
Line 066 - Deemed tax year-end
Line 070 - First year filing after incorporation
Line 071 - First year filing after amalgamation
Line 072 - Windup of a subsidiary
Line 076 - Final taxation year before amalgamation
Line 078 - Final return up to dissolution
Line 080 - Non resident corporation
Line 291 - Immigration
Line 292 - Emigration
 See the CRA's general income tax guide:
Lines 010 to 018 - Address of head office
Lines 020 to 028 - Mailing address
Lines 030 to 038 - Location of books and records
Lines 040 and 043 - Type of corporation at the end of the tax year
Lines 060, 061, 063, 065 - To which tax year does this return apply?
Line 066 - Is the date on line 061 a deemed tax year-end according to subsection 249(3.1)?
Line 070 - Is this the first year of filing after incorporation?
Line 071 - Is this the first year of filing after amalgamation?
Line 072 - Has there been a wind-up of a subsidiary under section 88 during the current tax year?
Line 076 - Is this the final tax year before amalgamation?
Line 078 - Is this the final return up to dissolution?
Lines 080 to 082 - Is the corporation a resident of Canada?
Line 291 - Did the corporation immigrate to Canada during the tax year?
Line 292 - Did the corporation emigrate from Canada during the tax year?
Use the keyword Commence-Windup to enter the commencement date of the wind-up if the parent corporation is filing for the first time after winding-up a subsidiary corporation(s). This information will appear on federal schedule 24.
This keyword appears only for relevant choices of StatusChange. This is the date on which the change in status occurred.
See the Taxnet Pro™ T2 Line-by-Line Guide (subscription required):
Line 043 - Change in type of corporation
Line 060 - Year Start
Line 065 - Date of acquisition of control
Line 294 - Date no longer quarterly instalment remitter
See the CRA's general income tax guide:
Lines 040 and 043 - Type of corporation at the end of the tax year
Lines 060, 061, 063, 065 - To which tax year does this return apply?
Line 294 - If the corporation was eligible to remit instalments on a quarterly basis for part of the tax year, provide the date the corporation ceased to be eligible
Use the keyword Prev-Name to enter the name of the corporation's previous name.
See the Taxnet Pro™ T2 Line-by-Line Guide (subscription required):
Line 010 - Change in head office address
Line 020 - Change in mailing address
Line 030 - Change in location of books and records
Line 043 - Change in type of corporation
Line 063 - Acquisition of control
Line 066 - Deemed tax year-end
Line 070 - First year filing after incorporation
Line 071 - First year filing after amalgamation
Line 072 - Windup of a subsidiary
Line 076 - Final taxation year before amalgamation
Line 078 - Final return up to dissolution
Line 080 - Non resident corporation
Line 291 - Immigration
Line 292 - Emigration
See the CRA's general income tax guide:
Lines 010 to 018 - Address of head office
Lines 020 to 028 - Mailing address
Lines 030 to 038 - Location of books and records
Lines 040 and 043 - Type of corporation at the end of the tax year
Lines 060, 061, 063, 065 - To which tax year does this return apply?
Line 066 - Is the date on line 061 a deemed tax year-end according to subsection 249(3.1)?
Line 070 - Is this the first year of filing after incorporation?
Line 071 - Is this the first year of filing after amalgamation?
Line 072 - Has there been a wind-up of a subsidiary under section 88 during the current tax year?
Line 076 - Is this the final tax year before amalgamation?
Line 078 - Is this the final return up to dissolution?
Lines 080 to 082 - Is the corporation a resident of Canada?
Line 291 - Did the corporation immigrate to Canada during the tax year?
Line 292 - Did the corporation emigrate from Canada during the tax year?
DT Max uses the ChangeDate.b entered here to determine if this is the taxation year immediately before bankruptcy or whether the corporation has been bankrupt throughout the taxation year.
See the Taxnet Pro™ T2 Line-by-Line Guide (subscription required):
Line 010 - Change in head office address
Line 020 - Change in mailing address
Line 030 - Change in location of books and records
Line 043 - Change in type of corporation
Line 063 - Acquisition of control
Line 066 - Deemed tax year-end
Line 070 - First year filing after incorporation
Line 071 - First year filing after amalgamation
Line 072 - Windup of a subsidiary
Line 076 - Final taxation year before amalgamation
Line 078 - Final return up to dissolution
Line 080 - Non resident corporation
Line 291 - Immigration
Line 292 - Emigration
See the CRA's general income tax guide:
Lines 010 to 018 - Address of head office
Lines 020 to 028 - Mailing address
Lines 030 to 038 - Location of books and records
Lines 040 and 043 - Type of corporation at the end of the tax year
Lines 060, 061, 063, 065 - To which tax year does this return apply?
Line 066 - Is the date on line 061 a deemed tax year-end according to subsection 249(3.1)?
Line 070 - Is this the first year of filing after incorporation?
Line 071 - Is this the first year of filing after amalgamation?
Line 072 - Has there been a wind-up of a subsidiary under section 88 during the current tax year?
Line 076 - Is this the final tax year before amalgamation?
Line 078 - Is this the final return up to dissolution?
Lines 080 to 082 - Is the corporation a resident of Canada?
Line 291 - Did the corporation immigrate to Canada during the tax year?
Line 292 - Did the corporation emigrate from Canada during the tax year?
For amended returns, please enter a relevant description of changes using the keyword ReasonChange.
The T2 Bar Code Return (T2 BCR) and the CIF format captures information from an amended return. The amended T2 BCR or CIF must include all returns and schedules, i.e. not only the returns and schedules revised. All schedules included in the amended T2 BCR or CIF are considered as amended. This means data from amended schedules will overlay the previous data.
An amended T2 BCR or CIF cannot be used to change the following information:
- 200010: Head office address change
- 200020: Mailing address change
- 200030: Location of books and records change
- 200910, 200914 and 200918: Direct deposit information
- 200990: Language of correspondence
See the Taxnet Pro™ T2 Line-by-Line Guide (subscription required):
Line 010 - Change in head office address
Line 020 - Change in mailing address
Line 030 - Change in location of books and records
Line 043 - Change in type of corporation
Line 063 - Acquisition of control
Line 066 - Deemed tax year-end
Line 070 - First year filing after incorporation
Line 071 - First year filing after amalgamation
Line 072 - Windup of a subsidiary
Line 076 - Final taxation year before amalgamation
Line 078 - Final return up to dissolution
Line 080 - Non resident corporation
Line 291 - Immigration
Line 292 - Emigration
See the CRA's general income tax guide:
Lines 010 to 018 - Address of head office
Lines 020 to 028 - Mailing address
Lines 030 to 038 - Location of books and records
Lines 040 and 043 - Type of corporation at the end of the tax year
Lines 060, 061, 063, 065 - To which tax year does this return apply?
Line 066 - Is the date on line 061 a deemed tax year-end according to subsection 249(3.1)?
Line 070 - Is this the first year of filing after incorporation?
Line 071 - Is this the first year of filing after amalgamation?
Line 072 - Has there been a wind-up of a subsidiary under section 88 during the current tax year?
Line 076 - Is this the final tax year before amalgamation?
Line 078 - Is this the final return up to dissolution?
Lines 080 to 082 - Is the corporation a resident of Canada?
Line 291 - Did the corporation immigrate to Canada during the tax year?
Line 292 - Did the corporation emigrate from Canada during the tax year?
For amended Alberta returns, use the keyword AlbertaReason to enter a relevant description of Alberta changes.
See the Taxnet Pro™ T2 Line-by-Line Guide (subscription required):
Line 010 - Change in head office address
Line 020 - Change in mailing address
Line 030 - Change in location of books and records
Line 043 - Change in type of corporation
Line 063 - Acquisition of control
Line 066 - Deemed tax year-end
Line 070 - First year filing after incorporation
Line 071 - First year filing after amalgamation
Line 072 - Windup of a subsidiary
Line 076 - Final taxation year before amalgamation
Line 078 - Final return up to dissolution
Line 080 - Non resident corporation
Line 291 - Immigration
Line 292 - Emigration
See the CRA's general income tax guide:
Lines 010 to 018 - Address of head office
Lines 020 to 028 - Mailing address
Lines 030 to 038 - Location of books and records
Lines 040 and 043 - Type of corporation at the end of the tax year
Lines 060, 061, 063, 065 - To which tax year does this return apply?
Line 066 - Is the date on line 061 a deemed tax year-end according to subsection 249(3.1)?
Line 070 - Is this the first year of filing after incorporation?
Line 071 - Is this the first year of filing after amalgamation?
Line 072 - Has there been a wind-up of a subsidiary under section 88 during the current tax year?
Line 076 - Is this the final tax year before amalgamation?
Line 078 - Is this the final return up to dissolution?
Lines 080 to 082 - Is the corporation a resident of Canada?
Line 291 - Did the corporation immigrate to Canada during the tax year?
Line 292 - Did the corporation emigrate from Canada during the tax year?
This is the immediately preceding year-end date. DT Max uses this information when a change in the taxation year has occurred to calculate the number of days in the current year and for printing purposes when the prior year end must be printed on the return or on any accompanying forms and schedules.
See the Taxnet Pro™ T2 Line-by-Line Guide (subscription required):
Line 060 - Year Start
See the CRA's general income tax guide:
Lines 060, 061, 063, 065 - To which tax year does this return apply?
The Predecessor corporation's name is required for schedule 24 and the equivalent provincial schedule in the year in which an amalgamation occurred.
The SubName (subsidiary) corporation's name is required for schedule 24 and the equivalent provincial schedule in the year in which a subsidiary was wound up into its parent corporation.
The Tax-AcctFed (corporation tax account number) of the relevant corporation is required for schedule 24. For an amalgamation, this is the account number of the Predecessor corporation in the year of amalgamation. For a subsidiary corporation ( SubName), this is needed in the year that it was wound up into its parent corporation.
The Tax-AcctQue (corporation tax account number) of the relevant corporation is required for the CO-17S.36 schedule in the year. For an amalgamation, this is the account number of the Predecessor corporation in the year of amalgamation. For a subsidiary corporation ( SubName), this is needed in the year that it was wound up into its parent corporation.
The TaxCentre.py where the previous tax return of the above corporation was filed is required on the CO-17S.36 in the year in which an amalgamation occurred with the Predecessor corporation or a ( SubName) subsidiary corporation was wound up into its parent corporation.
If the corporation wound-up one or more of its subsidiaries during the year, use TaxAttr-Trans to indicate if the tax attributes of the wound-up Canadian subsidiary or subsidiaries were transferred to the corporation.
The following options are applicable for the keyword TaxAttr-Trans.
ERDTOHTrans is the transferred amounts of eligible refundable dividend tax on hand from the Predecessor corporation or the wound-up subsidiary (SUBNAME). The total of all amounts entered in ERDTOHTrans will appear on line 525 of the T2 return. This amount will be added to this corporation's eligible refundable dividend tax on hand account.
See the Taxnet Pro™ T2 Line-by-Line Guide (subscription required):
Line 525 - Net ERDTOH transferred
NERDTOHTrans is the transferred amounts of non-eligible refundable dividend tax on hand from the Predecessor corporation or the wound-up subsidiary (SUBNAME). The total of all amounts entered in NERDTOHTrans will appear on line 540 of the T2 return. This amount will be added to this corporation's non-eligible refundable dividend tax on hand account.
See the Taxnet Pro™ T2 Line-by-Line Guide (subscription required):
Line 540 - Net NERDTOH transferred
The total amounts entered in R&DPoolTrans will be added to this corporation's unclaimed SR&ED expenditure pool. The total amount will appear on schedule 32 (T661). Use [Alt-J] to enter different values for other jurisdictions.
DT Max will print the PreviousType entered here and tick the "YES" box requesting whether the corporation's type has changed during the taxation year on the T2 return.
The following options are applicable for the keyword PreviousType.
Cdn controlled private corp. Canadian-controlled private corporations are eligible for the small business deduction. DT Max will calculate the deduction for these corporations.
Other private corporation Private corporations are subject to part IV tax. They may receive a dividend refund on taxable dividends paid and can have a refundable dividend tax on hand (RDTOH) account. For tax years that begin after 2018, a private corporation's dividend refund will be calculated by reference to two new accounts, the eligible refundable dividend tax on hand (ERDTOH) and the non-eligible refundable dividend tax on hand (NERDTOH). They will replace the existing RDTOH account for those years.
If relevant, enter dividends received in the IncomeSource group, taxable dividends paid in the DividendPaid keyword, the opening RDTOH balance in the RDTOH-CF keyword, the opening ERDTOH balance in the ERDTOH-CF keyword and the opening NERDTOH balance in the NERDTOH-CF keyword. Enter investment income subject to refundable part I tax in the IncomeSource group.
Public corporation
Cdn corp contr by public corp These are other corporation types classified on the federal T2 return. No small business deduction will be calculated for these corporations. If a corporation of this type is a subject corporation for part IV tax purposes, choose "Yes" in the SubjectCorp keyword in the CorpType group.
Co-operative
Credit union Co-operative corporations and credit unions are eligible for the small business deduction also. DT Max will calculate the deduction for these corporations. These corporations will be classified as "other" on the federal T2 return.
Non resident corporation This corporation type will be classified as "other" on the federal T2 tax return. Enter the country of the corporation's residence in the Country keyword so it will print on the federal T2 return.
Federal Crown corporation Federal Crown corporations are exempt from parts I and I.3 tax and deemed not to be private corporations. DT Max will not calculate any federal tax for these corporations. This corporation type will be classified as "other" on the T2 return.
Municipal or provincial corp Provincial corporations or municipalities are exempt from parts I and I.3 tax and deemed not to be private corporations for part IV tax. DT Max will not calculate any federal tax for these corporations. This corporation type will be classified as "other" on the federal T2 return.
Exempt-NPO SR&ED-ITA 149(1)(j) Fed ITA 149(1)(j) non profit organizations for SR&ED are classified as tax-exempt on the federal T2 return. DT Max will not calculate federal tax for these corporations.
Exempt - ITA 149(1)(e) Fed ITA 149(1)(e) tax-exempt corporations consist of agricultural organizations, boards of trade and chambers of commerce.
Exempt - ITA 149(1)(l) Fed ITA 149(1)(l) tax-exempt corporations consist of clubs, societies or organizations operated solely for social welfare, civic improvement, recreation or any other non profit purpose.
Exempt other per ITA 149 Exempt under other paragraphs of Fed ITA section 149.
Other type of corp (specify) This corporation type will be classified as "other" on the federal T2.
Other corp, non share capital Other corporations which are non share capital are separately classified as non share capital corporations on page 1 of the CT-23 return.
See the Taxnet Pro™ T2 Line-by-Line Guide (subscription required):
Line 010 - Change in head office address
Line 020 - Change in mailing address
Line 030 - Change in location of books and records
Line 043 - Change in type of corporation
Line 063 - Acquisition of control
Line 066 - Deemed tax year-end
Line 070 - First year filing after incorporation
Line 071 - First year filing after amalgamation
Line 072 - Windup of a subsidiary
Line 076 - Final taxation year before amalgamation
Line 078 - Final return up to dissolution
Line 080 - Non resident corporation
Line 291 - Immigration
Line 292 - Emigration
See the CRA's general income tax guide:
Lines 010 to 018 - Address of head office
Lines 020 to 028 - Mailing address
Lines 030 to 038 - Location of books and records
Lines 040 and 043 - Type of corporation at the end of the tax year
Lines 060, 061, 063, 065 - To which tax year does this return apply?
Line 066 - Is the date on line 061 a deemed tax year-end according to subsection 249(3.1)?
Line 070 - Is this the first year of filing after incorporation?
Line 071 - Is this the first year of filing after amalgamation?
Line 072 - Has there been a wind-up of a subsidiary under section 88 during the current tax year?
Line 076 - Is this the final tax year before amalgamation?
Line 078 - Is this the final return up to dissolution?
Lines 080 to 082 - Is the corporation a resident of Canada?
Line 291 - Did the corporation immigrate to Canada during the tax year?
Line 292 - Did the corporation emigrate from Canada during the tax year?
Corporations for which the answer YES was selected in any specific situation require the inclusion of hours and minutes (HH:MM) in their TYS. You may enter anything from 00:00 to 23:59.
Specific situations include
- Acquisition of Control under subsection 249(4) [question at line 200063]
- Year end on [CCPC] status change - subsection 249(3.1) [question at line 200066]
- Successor's 1st year after amalgamation - section 87 [question at line 200071]
- Predecessor's final year to amalgamation - section 87 [question at line 200076]
If the corporation has not answered YES to any specific situation, the corporation should not enter any HH:MM.
See the Taxnet Pro™ T2 Line-by-Line Guide (subscription required):
Line 060 - Year Start
See the CRA's general income tax guide:
Lines 060, 061, 063, 065 - To which tax year does this return apply?
Corporations for which the answer YES was selected in any specific situation require the inclusion of hours and minutes (HH:MM) in their TYE. You may enter anything from 00:00 to 23:59.
Specific situations include
- Acquisition of Control under subsection 249(4) [question at line 200063]
- Year end on [CCPC] status change - subsection 249(3.1) [question line 200066]
- Successor's 1st year after amalgamation - section 87 [question at line 200071]
- Predecessor's final year to amalgamation - section 87 [question at line 200076]
If the corporation has not answered YES to any specific situation, the corporation should not enter any HH:MM.
See the Taxnet Pro™ T2 Line-by-Line Guide (subscription required):
Line 061 - Year-end
See the CRA's general income tax guide:
Lines 060, 061, 063, 065 - To which tax year does this return apply?
Corporations for which the answer YES was selected on line 63 of Schedule 200 require the inclusion of hours and minutes (HH:MM) in the date control was acquired at line 65 of Schedule 200. You may enter anything from 00:00 to 23:59.
If the corporation has not answered YES to this specific situation, the corporation should not enter any HH:MM.
See the Taxnet Pro™ T2 Line-by-Line Guide (subscription required):
Line 065 - Date of acquisition of control
See the CRA's general income tax guide:
Lines 060, 061, 063, 065 - To which tax year does this return apply?
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Commence-Windup 