Ruaridh Posted March 16 Report Share Posted March 16 For the line "Is the corporation active or inactive? If active, enter type of activity." What should I enter for a holding type company? Active or Inactive? Income is only from intra-corporate dividends and investment holdings. Thanks Quote Link to comment Share on other sites More sharing options...
Geo123 Posted March 17 Report Share Posted March 17 Hello Ruaridh, Please contact the CRA to Determine if the corporation is active for T2. FYI : 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. https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/t4012/t2-corporation-income-tax-guide-chapter-3-page-3-t2-return.html#P1244_103690 To contact the CRA : 1-800-959-5525 From Monday to Friday (except holidays) 9 am to 6 pm (local time), Saturday and Sunday closed. From outside Canada and the United States, 613-940-8497. The CRA only accepts collect calls made through a telephone operator. https://www.canada.ca/en/revenue-agency/news/newsroom/tax-tips/tax-tips-2022/need-contact-cra-business-taxes.html Quote Link to comment Share on other sites More sharing options...
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