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 - Taxation Act

Section 1120.0.1
Disposition versions

Full text
1120.0.1. If a trust becomes a mutual fund trust at any particular time before the 91st day after the end of its first taxation year, and the trust makes a valid election under subsection 6.1 of section 132 of the Income Tax Act (R.S.C. 1985, c. 1 (5th Suppl.)) after 19 December 2006, the trust is deemed to have been a mutual fund trust from the beginning of that year until the particular time.
Chapter V.2 of Title II of Book I of Part I applies in relation to an election made under subsection 6.1 of section 132 of the Income Tax Act or in relation to an election made under this section before 20 December 2006.
2001, c. 7, s. 164; 2001, c. 53, s. 250; 2009, c. 5, s. 507.
1120.0.1. Where a trust becomes a mutual fund trust at any particular time before the 91st day after the end of its first taxation year, and the trust so elects in its fiscal return it is required to file for that year, the trust is deemed to have been a mutual fund trust from the beginning of that year until the particular time.
2001, c. 7, s. 164; 2001, c. 53, s. 250.
© Gouvernement du Québec