rob t Posted November 12, 2016 Report Share Posted November 12, 2016 The T2 return has a section to enter info re corporate officers who are shareholders. But a private company must also disclose shareholders owning more than 10% of either preferred or common shares, even if they are not directors. My children fit that criteria: shareholders who must be disclosed but not directors. I cannot find a section in which to enter their details. Any ideas? Link to comment Share on other sites More sharing options...
Gaetan Posted November 14, 2016 Report Share Posted November 14, 2016 Hi rob t, You are right that private companies must complete this schedule for all shareholders holding 10% or more of its common shares and (or) preferred. To generate Schedule 50 in UFile T2, please follow the steps below: - In the Interview tab click on the section "Corporate officers" available in the QuikClik navigator. - In the drop down menu select the type of corporate officer then, complete the form. Note: if the signing officer is also the director of the company, please use the section "director and signing officer." Also, if the signing officer "and / or" the director is also a shareholder of the corporation, in the form, click "YES" on the field * Is the officer also a shareholder of the corporation? Then enter the percentage of shares held by the individual. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.