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Accounting encyclopedia · Corporate tax

T2 Schedule 50 (shareholder information)

T2 Schedule 50, Shareholder Information, is a CRA schedule filed with a corporation’s T2 return. A private corporation completes it when any shareholder holds 10% or more of its common or preferred shares, listing up to the ten largest such shareholders. It tells the CRA who owns the corporation. It is not a dividend slip or a share register.

Sora Accounting & Tax · General information · Editorial policy
Updated · 2 min read

Schedule 50 lists owners holding 10% or more

Shows how Schedule 50 lists up to ten shareholders who each hold 10% or more of a private corporation’s common or preferred shares, filed with the T2 return.

Visual labels: Private corporation; 10% or more of shares; Up to ten shareholders; Filed with the T2.

Who files it and what it covers

The CRA says to complete Schedule 50 if you are a private corporation and any shareholder holds 10% or more of your common or preferred shares. You list a maximum of the ten top shareholders and provide the requested information for each. Two lines on the schedule refer to the percentage of votes, and the CRA notes that, generally, each share carries one vote.

A corporation using the simplified T2 Short Return may still need Schedule 50, alongside Schedule 1 and, where relevant, Schedule 8.

A simple illustration

Imagine a corporation with 100 common shares and no preferred shares. Alex holds 55 shares, Sam holds 35 and a key employee holds 10. Each holds 10% or more, so all three are listed. If the employee held 9 shares and a fourth person held 1, only Alex and Sam would be listed. The numbers are illustrative, and whether a shareholder is a person or another corporation changes how the details are completed, so confirm that with your accountant.

How it fits with other ownership schedules

Schedule 50 answers a narrow question about who holds 10% or more of the shares. Other schedules ask different ownership questions. Schedule 9 covers related and associated corporations, Schedule 19 applies when a non-resident held a voting share, and Schedule 11 covers certain transactions with shareholders, officers or employees. A shareholder loan has its own rules, covered in the shareholder loan entry.

Because the schedules draw on the same facts, they should agree with each other and with your records. A share issuance, transfer or redemption during the year can change who appears on Schedule 50.

What to discuss with your accountant

Bring your share register or minute book, share certificates, any shareholders’ agreement and a note of share changes during the year. Ask how holding companies, family trusts or newly issued shares should appear. If your records disagree with last year’s return, resolve that before filing rather than copying the prior schedule forward.

Sources & editorial notes

Sources checked October 24, 2026. The examples are illustrative and provide general information. Discuss how the guidance applies to your circumstances with your accountant.

Rules and guidance can change. Use the current official source and confirm the treatment for your facts. To flag an error, contact Sora.