Consolidated Statutes and Regulations
Consolidated Statutes
Consolidated Regulations
Annual Statutes and Regulations
Annual Statutes
Annual Regulations
Additional information
Québec Official Publisher
What’s new?
Information note
Policy of the Minister of Justice
Laws: Amendments
Laws: Provisions not in force
Laws: Provisions brought into force
Annual Statutes: PDF versions since 1996
Regulations: Amendments
Annual Regulations: PDF versions since 1996
Court Decisions
I-3, r. 1 - Regulation respecting the Taxation Act
Section 130r117
Disposition versions
130R117. The aggregate of all amounts each of which is a deduction in respect of computer tax shelter property allowed to a taxpayer under this Title in computing the taxpayer’s income for a taxation year may not exceed the amount determined according to the formula
A – B.
In the formula in the first paragraph,
(a) A is the aggregate of all amounts each of which is
i. the taxpayer’s income for the year from a business in which computer tax shelter property owned by the taxpayer is used, computed without reference to any deduction under section 130R1 in respect of such property, or
ii. the income of a partnership from a business in which computer tax shelter property owned by the partnership is used, to the extent of the taxpayer’s share of such income that is included in computing the taxpayer’s income for the year;
(b) B is the aggregate of all amounts each of which is
i. a loss of the taxpayer from a business in which computer tax shelter property is used, computed without reference to any deduction under section 130R1 in respect of such property, or
ii. a loss of a partnership from a business in which computer tax shelter property is used, to the extent of the taxpayer’s share of such loss that is included in computing the taxpayer’s income for the year.
130R117. The aggregate of all amounts each of which is a deduction in respect of computer tax shelter property allowed to a taxpayer under this Title in computing the taxpayer’s income for a taxation year may not exceed the amount determined according to the formula
A – B.
In the formula in the first paragraph,
(a) A is the aggregate of all amounts each of which is
i. the taxpayer’s income for the year from a business in which computer tax shelter property owned by the taxpayer is used, computed without reference to any deduction under this Title in respect of such property, or
ii. the income of a partnership from a business in which computer tax shelter property owned by the partnership is used, to the extent of the taxpayer’s share of such income that is included in computing the taxpayer’s income for the year;
(b) B is the aggregate of all amounts each of which is
i. a loss of the taxpayer from a business in which computer tax shelter property is used, computed without reference to any deduction under this Title in respect of such property, or
ii. a loss of a partnership from a business in which computer tax shelter property is used, to the extent of the taxpayer’s share of such loss that is included in computing the taxpayer’s income for the year.
