I-3 - Taxation Act

Section 712 Disposition versions

2006-03-01

712. No corporation may deduct, for a taxation year, an amount under section 710, unless the making of the gift is proven by

(a)  a receipt for the gift filed with the Minister that meets the prescribed requirement and contains in a clear and unalterable manner the prescribed statement and the prescribed information; and

(b)  in the case of a gift described in subparagraph i of paragraph d of section 710, the certificate issued under subsection 1 of section 33 of the Cultural Property Export and Import Act (Revised Statutes of Canada, 1985, chapter C-51).

1972, c. 23, s. 534; 1978, c. 26, s. 123; 1982, c. 5, s. 142; 1994, c. 22, s. 244; 2003, c. 2, s. 191.