Hi every one, Here is an example: Corporation A, B, C and D are associated corporations group. They are all CCPC. Corporation B and C control Corporation D. Corporation A and C are associated through B. Please note the arrow lines mean control. Questions: - Since A and C associated through B, B is the third corporation, in Corp D T2 Sch23 column 3, the association code for A, B, C, D should be 5,2,5,5 accordingly, is this right? - Corporation B has to file Sch28, how about Corporation A, C, and D, do they have to file Sch28? - Corporation A and C elect not to associated with each other for SBD purpose. Corporation A and C, each has a $500K SBD limit. Corporation B has nil limits. Since B control D, is D entitled to claim SBD? - Since the SBD limit is reduced by Taxable Capital if it is more than $10 million, A and C associated through B, does A and C, each has its own $10 million Taxable Capital to calculate the reduction, or A, B, C and D have to share $10 million to calculate the SBD reduction? Any input will be much appreciated. :) I would like to discuss on the phone if someone is interested.

Hi every one, Here is my example: Corp A, B, C and D are associated corporations group. They are all CCPC. Corp B and C control Corp D. Corp A and C are associated through B. Questions: - Since A and C associated through B, B is the third corporation, in Corp D T2 Sch23 column 3, the association code for A, B, C and D should be 5, 2, 5, 5 accordingly, is this right? - Corporation B has to file Sch28, how about Corp A, C, and D, do they have to file Sch28? - Corp A and C elect not to associated with each other for SBD purpose. Corp A and C, each has $500K SBD limit. Corp B has nil limits. Since B controls D, is D entitled to claim SBD? - Since the SBD limit is reduced by Taxable Capital if it is more than $10 million, A and C associated through B, does A and C, each has its own $10 million Taxable Capital to calculate the reduction, or A, B, C and D has to share $10 million to calculate the SBD reduction? Any input will be much appreciated. :) I would like to discuss on the phone if someone is interested.

Hi every one,

Here is an example: Corporation A, B, C and D are associated corporations group. They are all CCPC. Corporation B and C control Corporation D. Corporation A and C are associated through B.

Questions:

- Since A and C associated through B, B is the third corporation, in Corp D T2 Sch23 column 3, the association code for A, B, C, D should be 5,2,5,5 accordingly, is this right?

- Corporation B has to file Sch28, how about Corporation A, C, and D, do they have to file Sch28?

- Corporation A and C elect not to associated with each other for SBD purpose. Corporation A and C, each has a $500K SBD limit. Corporation B has nil limits. Since B control D, is D entitled to claim SBD?

- Since the SBD limit is reduced by Taxable Capital if it is more than $10 million, A and C associated through B, does A and C, each has its own $10 million Taxable Capital to calculate the reduction, or A, B, C and D have to share $10 million to calculate the SBD reduction?

Any input will be much appreciated. :) I would like to discuss on the phone if someone is interested.