Change of control

If there is a change of control of a corporation under subsection 249(4) of the Income Tax Act, the corporation continues to exist as it was before for instalment purposes.

When there is a short tax year, you must follow the special rules for short tax years.

Forms and publications

• T2 Corporation – Income Tax Guide (T4012)
• Corporation Instalment Guide (T7B-CORP)
• IT-302, Losses of a Corporation – The Effect that Acquisitions of Control, Amalgamations, and Windings-up have on Their Deductibility – After January 15, 1987

Date modified:

2015-12-15