2 Status of business
Print X at B1, B2, or B3 to show the appropriate description for the status of the business. If more than one selection applies, select the first applicable option. If none of the selections applies, leave B1 to B3 blank.
Print X at Z2 if the partnership was a subsidiary member of a consolidated group or MEC group at any time during the income year.
In this case the tax return is for the period or periods during which the partnership was not a subsidiary member of a consolidated group or MEC group in the income year (non-membership periods). It will be necessary to complete any applicable schedule for periods attributable to the non-membership period.
For information about reporting multiple non-membership periods during the year, see C9-5-110 in the Consolidation reference manual. If the partnership was a member of a consolidated group or MEC group for the whole income year, the head company of the group is responsible for including the details of the partnership's income and expenses in its return and preparing any relevant schedules.
Last modified: 10 Aug 2016QC 48217