In the course of a general discussion, CRA provided the following example:
[A] winding-up would be an eligible pre-2009 winding-up as defined in paragraph (a) in a situation where a subsidiary with a taxation year-end of April 30, 2009 distributed its assets on December 1, 2008 to its parent with a taxation year-end of December 31, 2008 without obtaining its formal dissolution. Since the subsidiary was not formally dissolved in this example, its completion time will be after December 31, 2008, i.e., April 30, 2009. In addition, the parent's year-end date in which it received the assets will be before January 1, 2009, that is, December 31, 2008, since it received them on December 1, 2008.