The amalgamation or winding-up of a sub vapourizes its losses for Ontario CMT purposes

The eligible losses of a subsidiary for Ontario corporate minimum tax purposes disappear when it is amalgamated with, or wound-up into, its parent.

Neal Armstrong. Summaries of 26 October 2016 Internal T.I. 2016-0625041I7 under Taxation Act 2007 (Ont.), s. 58(4.1), s. 58(5).