I-3, r. 1 - Regulation respecting the Taxation Act

Section 1086r84 Disposition versions

2012-09-01

1086R84. Every person who is an individual resident in Québec, other than an individual who is not a trust, or any corporation having an establishment in Québec, or any other entity described in the second paragraph and who, in a calendar year, redeems, acquires or cancels in any manner whatever, any security issued by that person to a person who, at the time of the redemption, acquisition or cancellation, is an individual resident in Québec or a corporation having an establishment in Québec, must file an information return for the year in prescribed form in respect of each such transaction, other than a transaction to which Division XIII or XIII.1 of Chapter IV of Title IV of Book III of Part I of the Act, Chapter V of Title IX of that book, where there is no consideration receivable other than new shares of the corporation referred to therein, Chapter VI of Title IX of that book or Division II or IV of Chapter IV of Title XI of that book applies.

The other entity referred to in the first paragraph is

(a)  the State or Her Majesty in right of Canada or a province, other than Québec;

(b)  a municipal or public body performing a function of government in Canada; or

(c)  a mandatary of a person referred to in subparagraph a or b.

s. 1086R23.8; O.C. 1114-92, s. 40; O.C. 473-95, s. 48; O.C. 1707-97, s. 98; O.C. 1454-99, s. 58; O.C. 1282-2003, s. 85; O.C. 134-2009, s. 1.