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

Section 818r70 Disposition versions

2012-09-01

818R70. The mean Canadian investment fund of an insurer for a particular taxation year is the aggregate of

(a)  50% of the aggregate of its Canadian investment fund at the end of the particular year and

i.  if the insurer is resident in Canada, its Canadian investment fund at the end of its preceding taxation year, or

ii.  if the insurer is not resident in Canada, its Canadian investment fund at the end of its preceding taxation year determined as if its attributed surplus for that preceding taxation year were its attributed surplus for the particular year; and

(b)  the insurer’s cash-flow adjustment for the particular year.

s. 818R68; O.C. 1463-2001, s. 86; O.C. 134-2009, s. 1.