Skip to main content

T2 Short vs Regular T2: What Is the Difference?

This article explains the difference between T2 Short and regular T2 corporate tax returns in Canada, including how corporations with no income or no business activity should file.

Arani Tharmalingam avatar
Written by Arani Tharmalingam
Updated this week

Is T2 Short a Different Tax Return?

No.


In Canada, there is only one corporate income tax return, the T2 Corporation Income Tax Return, filed with the Canada Revenue Agency.

A T2 Short is not a separate tax return. It does not create a different filing obligation or tax outcome.

What Is the T2 Short?

The T2 Short is:

  • A simplified CRA paper/PDF version of the standard T2

  • Intended for manual or paper filing

  • Designed for corporations with very limited or no activity

The T2 Short:

  • Does not change how CRA assesses tax

  • Does not replace the T2

  • Exists purely as a simplified filing format

Regular T2 Explained

A regular T2 refers to the standard electronic or paper T2 filing that:

  • Includes only the schedules required for the corporation’s activity

  • Covers active, inactive, and nil corporations

  • Is used by all tax software for electronic filing

When filed electronically, the CRA receives the same core T2 data regardless of whether the corporation had activity.

Electronic Filing vs T2 Short PDF

When filing a T2 electronically:

  • The T2 Short PDF is not used

  • CRA does not require the T2 Short form

  • Tax software submits the standard T2 data structure

  • Unnecessary schedules are automatically excluded

Because of this, most modern tax software does not generate the CRA T2 Short PDF.

What If the Corporation Had No Income or Activity?

If a corporation had no income and no business activity during the year:

  • A T2 return is still required

  • This is commonly referred to as a nil T2 return

  • Filing a nil T2 electronically is fully CRA-compliant

  • CRA treats it the same as a T2 Short paper filing

No special form or separate return is needed.

Why Some Platforms Say “T2 Short Not Supported”

When a platform states that T2 Short is not supported, it means:

  • The software does not produce the CRA paper/PDF T2 Short form

  • It does support electronic T2 filing

  • Inactive and nil corporations can still file correctly

This is a format distinction, not a compliance issue.

Key Takeaways

  • There is only one corporate tax return in Canada: the T2

  • T2 Short is a paper/PDF format, not a separate return

  • Electronic filing does not require the T2 Short

  • Nil or inactive corporations file a standard T2

  • CRA treats electronic nil T2 filings the same as T2 Short filings

Did this answer your question?