Schedule 9, Related and Associated Corporations

This schedule is to be completed by a corporation having one or more of the following:

  • related corporation(s)
  • associated corporation(s)

If corporation is not registered enter "NR".

Enter the code number of the relationship that applies from the following order:

  • 1 – Parent
  • 2 – Subsidiary
  • 3 – Associated
  • 4 – Related but not associated

The relationship code represents the relationship that the corporation named above has to the filing corporation. For example, if the corporation named above is the parent corporation of the filing corporation, then indicate "1" as the relationship code.

The following describes the information requested for each column of Schedule 9:

Column #

Information required

100

Enter the name of the corporation related to/associated with the filing corporation

200

Enter the country of residence (if other than Canada) of the corporation listed under column 100

300

Enter the Business Number of the corporation listed at under column 100 (Canadian corporation only). Enter "NR" if the corporation listed under column 100 is not registered

400

Enter the relationship code that applies to the corporation listed under column 100 with respect to the filing corporation

500

Enter the number of common shares of the corporation listed under column 100, owned by the filing corporation

550

Enter the percentage of common shares of the corporation listed under column 100, held by the filing corporation

600

Enter the number of preferred shares of the corporation listed under column 100, owned by the filing corporation

650

Enter the percentage of preferred shares of the corporation listed under column 100, held by the filing corporation

700

Enter the book value of capital stock (as opposed to market value), held in the corporation listed under column 100.

  • This amount would be obtained from the books of the filing corporation
  • It may also be obtained from the financial statements, if investment in specific related/associated corporations is reported on the face of the balance sheet. (e.g., the value of the investment a corporation holds in MB Ltd is shown as "investment in MB Ltd" on the balance sheet, rather than included in "Investment in related companies")

When completing Schedule 9, only report the first level of relationship. If Corporation A, is parent to Corporation B, and Corporation B is parent to Corporation C, the relationship between Corporation A and Corporation C is "associated" (code 3).

Each corporation's Schedule 9 would report the relationships to the others as follows:

Corporation A's Schedule 9

  • Corporation B listed as Subsidiary (code 2 under column 400)
  • Corporation C listed as Associated (code 3 under column 400)

Corporation B's Schedule 9

  • Corporation A listed as Parent (code 1 under column 400)
  • Corporation C listed as Subsidiary (code 2 under column 400)

Corporation C's Schedule 9

  • Corporation A listed as Associated (code 3 under column 400)
  • Corporation B listed as Parent (code 1 under column 400)

See Also

T2 Corporation – Income Tax Guide

Schedule 9, Related and Associated Corporations Workchart

T2 Data Connection