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

Section 771r25
Disposition versions

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771R25. The proportion that the business carried on in Québec is of the aggregate of that carried on in Québec and elsewhere by a bank or a federal credit union is one-third of the aggregate of
(a)  the proportion that the salaries and wages paid by the bank or the federal credit union, as the case may be, to employees of its establishment in Québec is of the aggregate of all salaries and wages paid by the bank or the federal credit union; and
(b)  twice the proportion that the loans and deposits attributable to the establishment in Québec of the bank or the federal credit union, as the case may be, is of the aggregate of all loans and deposits.
s. 771R17; O.C. 1981-80, s. 771R17; O.C. 1535-81, s. 12; R.R.Q., 1981, c. I-3, r. 1, s. 771R17; O.C. 134-2009, s. 1; O.C. 117-2019, s. 23.
771R25. The proportion that the business carried on in Québec is of the aggregate of that carried on in Québec and elsewhere by a bank is one-third of the aggregate of
(a)  the proportion that the salaries and wages paid by the bank to employees of its establishment in Québec is of the aggregate of all salaries and wages paid by the bank; and
(b)  twice the proportion that the loans and deposits attributable to its establishment in Québec is of the aggregate of all loans and deposits.
s. 771R17; O.C. 1981-80, s. 771R17; O.C. 1535-81, s. 12; R.R.Q., 1981, c. I-3, r. 1, s. 771R17; O.C. 134-2009, s. 1.
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