Ontario specialty types

Any corporation carrying on business in Ontario through a permanent establishment must file Schedule 524, Ontario Specialty Types, to identify its specialty type in one of the following situations:

• the tax year is the first year after incorporation or an amalgamation
• there is a change to the specialty type

File Schedule 524 with your T2 return.

Forms and publications

• Schedule 524, Ontario Specialty Types
• T2 Corporation Income Tax Return

Government partners

• Ontario Ministry of Finance