1177. In this Part, the expression “logging operations” means:(a) the cutting of standing timber in Québec or the acquiring of forest products derived therefrom, when such products are sold in Québec;
(b) the cutting of standing timber in Québec or the acquiring of forest products derived therefrom, when such products are sold outside Québec;
(c) the sale of forest land, timber limits or timber-cutting rights in Québec;
(d) the cutting of standing timber in Québec or the acquiring of forest products derived therefrom by a taxpayer where such products are processed in a sawmill, pulp or paper plant or other plant for processing forest products in Canada by the taxpayer or on his behalf.
Where a taxpayer is deemed, under a provision of Part I, to have disposed of a property described in subparagraph c of the first paragraph, the taxpayer is deemed, for the purposes of that subparagraph c and section 1178, to have sold it.
1972, c. 23, s. 886; 1990, c. 59, s. 364; 2004, c. 21, s. 502.