S. 256(1.3) can deem a corporation to be associated even if the minor turns 18 shortly after the start of the given year

S. 256(1.3) deems a corporation, whose shares are owned at any time by a minor (other than one who is managing its business without significant influence by a parent), to be associated with other corporations at that time to the same extent as if those shares were owned by the parent. Given that s. 256(1) provides that corporations are associated if they have the described degree of connection at any time in the year, this means s. 256(1.3) could deem the corporation to be associated even if the minor turns 18 shortly after the start of the given year.

Neal Armstrong. Summary of 8 December 2015 T.I. 2015-0610921E5 F under s. 256(1.3).