Does an Inactive Corporation Still Have to File a T2?
Yes. A corporation files a T2 every year until it is dissolved, and being inactive only changes what goes in the return, not whether it is due.
Nil T2 Returns
What a nil T2 return is, who owes one, what goes in it, and how it is signed and transmitted. Covers the T2 Short, the schedules a nil return still carries, and the final return before a wind-up.
T2 Short vs Full T2: Which One Can a Nil Corporation Use?
A nil year alone does not make a corporation eligible for the T2 Short. The CRA conditions, when the full T2 is required, what both forms share, and the e-filing and penalty rules that apply either way.
Nil T2 Filing Deadline Six Months After Your Fiscal Year-End
A nil T2 is due six months after the corporation’s own year-end, the same as any other T2. How to count the date, when it moves for weekends and holidays, how it differs from the balance-due day, and what filing late costs when nothing is owed.
What a Nil T2 Return Is and When a Corporation Must File One
A nil T2 return is the ordinary T2 filed with nil amounts. Who must file one under paragraph 150(1)(a), what goes in it, what makes a year not nil, and how it is filed electronically.
Schedule 50 and the 10% Shareholder Rule
Schedule 50 lists every shareholder at 10% or more. Who counts, what each row records, and why a nil T2 still needs it.
Mandatory T2 E-Filing for Tax Years Starting After 2023
Electronic filing is mandatory for virtually all corporations for tax years starting after 2023, and a paper T2 draws two separate penalties.