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Line 280 - Is the corporation inactive?

Federal Line 280 - Is the corporation inactive?

Even if a corporation is inactive, which means it has not operated during the tax year, it has to file a return.

Note
Corporations that are inactive throughout the tax year and that do not have balance sheet or income statement information to report do not have to attach schedules 100, 125, and 141 to their T2 return. However, they will be accepted if filed.

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