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I-3, r. 1
- Regulation respecting the Taxation Act
Detailled Table of Contents
Updated to 15 March 2023
TITLE
I
INTERPRETATION AND RULES OF GENERAL APPLICATION
TITLE
II
INCOME EARNED IN QUÉBEC AND INCOME EARNED IN QUÉBEC AND ELSEWHERE BY AN INDIVIDUAL RESIDENT IN QUÉBEC
CHAPTER
I
GENERAL RULES
CHAPTER
II
ESTABLISHMENTS IN SEVERAL JURISDICTIONS
DIVISION
I
GENERALITIES
DIVISION
II
COMPUTATION OF GROSS REVENUE
CHAPTER
III
BUS AND TRUCK TRANSPORTATION BUSINESSES
CHAPTER
IV
SPECIAL CASES
CHAPTER
V
LOSSES ATTRIBUTABLE TO AN ESTABLISHMENT OUTSIDE QUÉBEC IN CANADA
TITLE
III
PLAN FOR THE INSURANCE OF PERSONS
TITLE
IV
AMOUNTS NOT INCLUDED IN COMPUTING INCOME
TITLE
V
BENEFIT RELATED TO THE OPERATION OF AN AUTOMOBILE
TITLE
VI
EMPLOYEE BENEFIT PLANS
TITLE
VII
SALARY DEFERRAL ARRANGEMENTS
TITLE
VIII
CAPITAL COST OF AN EMPLOYEE’S MOTOR VEHICLE OR AIRCRAFT
TITLE
IX
PENSION PLANS
TITLE
X
CAPITAL COST OF AN EMPLOYEE’S MUSICAL INSTRUMENT
TITLE
XI
AMOUNTS TO BE INCLUDED
CHAPTER
I
GENERAL RULES AND SPECIFIC AMOUNTS
CHAPTER
II
ACCRUED INTEREST ON A PRESCRIBED DEBT OBLIGATION
DIVISION
I
GENERAL
DIVISION
II
PRESCRIBED DEBT OBLIGATION
DIVISION
III
CALCULATION OF ACCRUED INTEREST
CHAPTER
III
PRESCRIBED CONTRACT
CHAPTER
IV
AMOUNTS TO BE INCLUDED IN RESPECT OF A LIFE INSURANCE POLICY OR AN ANNUITY CONTRACT
DIVISION
I
INTERPRETATION
DIVISION
II
ACCUMULATING FUNDS
DIVISION
III
PRESCRIBED ANNUITY CONTRACT
DIVISION
IV
EXEMPT POLICY
CHAPTER
V
(Revoked).
CHAPTER
VI
DISPOSITION OF DEPRECIABLE PROPERTY
CHAPTER
VII
DISPOSITION OF VESSELS
CHAPTER
VIII
DEVELOPMENT BONDS
CHAPTER
IX
INDEXED DEBT OBLIGATIONS
CHAPTER
X
LEASING PROPERTIES
CHAPTER
XI
AMOUNT OWING BY A PERSON NOT RESIDENT IN CANADA
TITLE
XII
ALLOWANCES IN RESPECT OF CAPITAL COST
CHAPTER
I
DEDUCTIONS
CHAPTER
II
INTERPRETATION
CHAPTER
III
CLASSES OF PROPERTY
DIVISION
I
GENERAL ALLOWANCES
DIVISION
I.1
PROPERTY OF CLASS 1
DIVISION
II
LEASEHOLD INTERESTS
DIVISION
III
PATENTS, CONCESSIONS AND LICENCES
DIVISION
III.1
PROPERTY OF CLASS 14.1
DIVISION
IV
PROPERTY USED IN TIMBER LIMITS
DIVISION
V
PROPERTY OF CLASSES 24, 27, 29 AND 34
DIVISION
VI
SPECIFIED ENERGY PROPERTY
DIVISION
VII
PROPERTY OF CLASS 38
DIVISION
VIII
PROPERTY OF CLASS 39
DIVISION
IX
PROPERTY OF CLASS 40
DIVISION
X
GRAIN STORAGE
DIVISION
XI
VESSELS
DIVISION
XII
OFFSHORE DRILLING VESSELS
DIVISION
XIII
FISHING VESSELS
DIVISION
XIV
MINES
DIVISION
XIV.1
CLASS 47 PROPERTY
DIVISION
XV
LEASING PROPERTIES
DIVISION
XVI
RENTAL PROPERTIES
DIVISION
XVII
LEASING PROPERTIES
DIVISION
XVIII
RAILWAY AND RELATED PROPERTY
DIVISION
XIX
CERTIFIED PRODUCTIONS
DIVISION
XX
CANADIAN FILM OR VIDEO PRODUCTIONS
DIVISION
XXI
MOTION PICTURE FILMS AND VIDEO TAPES
DIVISION
XXII
YEAR 2000 COMPUTER HARDWARE AND SYSTEMS SOFTWARE
DIVISION
XXIII
COMPUTER TAX SHELTER PROPERTY
DIVISION
XXIV
PROPERTY ACQUIRED DURING THE YEAR
CHAPTER
IV
RULES RESPECTING CLASSES OF PROPERTY
DIVISION
I
ELECTION BY A TAXPAYER
DIVISION
II
TRANSFER OF PROPERTY FROM CLASS 40 TO CLASS 10
DIVISION
III
TRANSFER OF PROPERTY TO CLASS 8, 10 OR 43
DIVISION
IV
ELECTRICAL PLANT USED FOR MINING
DIVISION
V
(Revoked).
DIVISION
VI
PROPERTY ACQUIRED BY CERTAIN TRANSFERS, OR REORGANIZATIONS
DIVISION
VII
MANUFACTURING AND PROCESSING BUSINESSES
DIVISION
VIII
ADDITIONS AND ALTERATIONS
CHAPTER
V
SEPARATE CLASSES
CHAPTER
VI
PROPERTY NOT INCLUDED
CHAPTER
VII
SPECIAL CASES
DIVISION
I
TIMBER LIMITS AND CUTTING RIGHTS
DIVISION
II
INDUSTRIAL MINERAL MINES
DIVISION
III
RAILWAY SIDINGS
TITLE
XIII
DEPRECIATION WITH RESPECT TO FARMING AND FISHING
TITLE
XIV
TERMINAL LOSS
TITLE
XV
ALLOWANCE FOR THE USE OF AN AUTOMOBILE
TITLE
XVI
OTHER DEDUCTIONS
CHAPTER
I
PRESCRIBED RESERVE AMOUNT AND RECOVERY RATE
CHAPTER
II
MINING TAXES
CHAPTER
III
DEDUCTION IN RESPECT OF RESOURCE PROFITS
CHAPTER
IV
ALLOWANCES
CHAPTER
V
QUADRENNIAL SURVEY AND REPRESENTATION EXPENSES
CHAPTER
VI
PROPERTY GIVING ENTITLEMENT TO THE ADDITIONAL DEDUCTION IN RESPECT OF CERTAIN INVESTMENTS
CHAPTER
VI.1
PROPERTY GIVING ENTITLEMENT TO ANOTHER DEDUCTION IN RESPECT OF CERTAIN INVESTMENTS
CHAPTER
VI.2
ADDITIONAL DEDUCTION FOR VESSELS
CHAPTER
VI.3
PROPERTY GIVING ENTITLEMENT TO AN ADDITIONAL DEDUCTION OF 35% OR 60% IN RESPECT OF CERTAIN INVESTMENTS
CHAPTER
VI.4
PROPERTY GIVING ENTITLEMENT TO AN ADDITIONAL DEDUCTION OF 30% IN RESPECT OF CERTAIN INVESTMENTS
CHAPTER
VII
DISABILITY-RELATED MODIFICATIONS AND EQUIPMENT, INTEREST REPAYMENT AND ANNUITY CONTRACTS
CHAPTER
VIII
(Revoked).
CHAPTER
IX
INTEREST AND LOANS
TITLE
XVII
SPECIAL CASES
TITLE
XVIII
SCIENTIFIC RESEARCH AND EXPERIMENTAL DEVELOPMENT
TITLE
XIX
CAPITAL GAINS AND CAPITAL LOSSES
CHAPTER
I
GENERALITIES
CHAPTER
II
SECURITIES DEEMED NOT TO BE A CANADIAN SECURITY
CHAPTER
III
PROCEEDS OF DISPOSITION
CHAPTER
IV
ADJUSTED COST BASE AND PRINCIPAL RESIDENCE
CHAPTER
V
(Revoked)
CHAPTER
VI
ANTI-AVOIDANCE RULE
TITLE
XX
OTHER SOURCES OF INCOME
TITLE
XXI
RULES RESPECTING THE COMPUTATION OF INCOME
CHAPTER
I
CAPITAL RETURN
DIVISION
I
INTERPRETATION
DIVISION
II
GENERAL RULE
DIVISION
III
COMPUTATION OF THE PURCHASE PRICE
CHAPTER
II
PRESCRIBED ASSISTANCE PROGRAM
CHAPTER
III
PRESCRIBED LEGISLATIVE PROVISIONS
CHAPTER
IV
INDIVIDUALS RESIDING IN REMOTE AREAS
CHAPTER
V
FLOW-THROUGH SHARES
CHAPTER
VI
ALLOWANCE FOR DEPLETION
DIVISION
I
GENERALITIES
DIVISION
II
COMPUTATION OF ALLOWANCE FOR DEPLETION
DIVISION
III
COMPUTATION OF RESOURCE PROFITS
DIVISION
IV
MINING EXPLORATION DEPLETION ALLOWANCE
DIVISION
V
DEPLETION ALLOWANCE FOR OIL AND GAS EXPLORATION
DIVISION
VI
COMPUTATION OF EARNED DEPLETION BASE
DIVISION
VII
ADDITIONAL ALLOWANCE IN RESPECT OF CERTAIN EXPLORATION EXPENSES
DIVISION
VIII
ADDITIONAL ALLOWANCES IN RESPECT OF CERTAIN OIL OR GAS WELLS
DIVISION
IX
ADDITIONAL ALLOWANCES IN RESPECT OF CERTAIN MINES
DIVISION
X
ADDITIONAL ALLOWANCE IN RESPECT OF CERTAIN PROPERTY
DIVISION
XI
ADDITIONAL ALLOWANCE WITH RESPECT TO CERTAIN EXPLORATION EXPENSES INCURRED IN QUÉBEC
DIVISION
XII
AMALGAMATIONS AND WINDING-UP
CHAPTER
VII
SUBSIDY, ASSISTANCE, PRESCRIBED SHARE AND OTHER DEDUCTIONS
CHAPTER
VIII
DEDUCTION OF CERTAIN EXPENSES
CHAPTER
IX
PRESCRIBED FOREST MANAGEMENT PLAN
CHAPTER
X
INTER VIVOS TRANSFER
CHAPTER
XI
(Revoked)
CHAPTER
XII
DROUGHT REGIONS AND REGIONS OF FLOOD OR EXCESSIVE MOISTURE
CHAPTER
XIII
INTEREST RATES
TITLE
XXII
AMOUNTS NOT INCLUDED IN COMPUTING INCOME
TITLE
XXIII
CORPORATIONS
CHAPTER
I
ELECTION AND INTERPRETATION
CHAPTER
II
FOREIGN AFFILIATE
CHAPTER
III
(Revoked).
CHAPTER
IV
OFFSHORE INVESTMENT FUNDS
TITLE
XXIV
TRUSTS
TITLE
XXV
COMPUTATION OF TAXABLE INCOME
CHAPTER
I
(Revoked)
CHAPTER
II
(Revoked)
CHAPTER
III
GIFTS
CHAPTER
IV
ADDITIONAL DEDUCTION IN RESPECT OF CERTAIN EXPLORATION EXPENSES INCURRED IN QUÉBEC
CHAPTER
V
ADDITIONAL DEDUCTION IN RESPECT OF CERTAIN SURFACE MINING EXPLORATION EXPENSES OR OIL AND GAS EXPLORATION EXPENSES INCURRED IN QUÉBEC
CHAPTER
VI
ADDITIONAL DEDUCTION IN RESPECT OF CERTAIN EXPLORATION EXPENSES INCURRED IN THE NEAR NORTH AND FAR NORTH OF QUÉBEC
CHAPTER
VII
CAPITAL GAINS EXEMPTION
CHAPTER
VIII
LOSSES AND OTHER DEDUCTIONS
CHAPTER
IX
DIVIDENDS OF A FOREIGN AFFILIATE
TITLE
XXVI
COMPUTATION OF THE TAX OF INDIVIDUALS
TITLE
XXVII
BUSINESSES CARRIED ON IN CANADA OR IN QUÉBEC AND ELSEWHERE
CHAPTER
I
GENERAL RULE
CHAPTER
II
ESTABLISHMENTS IN SEVERAL JURISDICTIONS
DIVISION
I
GENERALITIES
DIVISION
II
COMPUTATION OF GROSS REVENUE
CHAPTER
III
SPECIAL CASES
DIVISION
I
INSURANCE CORPORATIONS
DIVISION
II
BANKS AND FEDERAL CREDIT UNIONS
DIVISION
III
TRUST OR LOAN CORPORATIONS
DIVISION
IV
RAILWAY CORPORATIONS
DIVISION
V
AIRLINE CORPORATIONS
DIVISION
VI
GRAIN ELEVATOR CORPORATIONS
DIVISION
VII
BUS AND TRUCK TRANSPORTATION CORPORATIONS
DIVISION
VIII
CORPORATIONS OPERATING A PIPELINE
DIVISION
IX
NAVIGATION CORPORATIONS
DIVISION
X
DIVERSIFIED BUSINESS CORPORATIONS
CHAPTER
IV
FOREIGN CORPORATIONS
TITLE
XXVII.1
CORPORATIONS IN THE PRIMARY AND MANUFACTURING SECTORS
TITLE
XXVIII
PRESCRIBED VENTURE CAPITAL CORPORATIONS
TITLE
XXIX
SCIENTIFIC RESEARCH TAX CREDIT
TITLE
XXX
MINIMUM REPLACEMENT TAX
TITLE
XXXI
CHANGE OF RESIDENCE
TITLE
XXXI.1
(Revoked)
TITLE
XXXII
INSURANCE CORPORATION
CHAPTER
I
(Revoked).
CHAPTER
II
(Revoked).
CHAPTER
III
(Revoked).
CHAPTER
IV
(Revoked).
CHAPTER
V
(Revoked).
CHAPTER
VI
(Revoked).
CHAPTER
VII
(Revoked).
CHAPTER
VIII
(Revoked).
DIVISION
I
(Revoked).
DIVISION
II
(Revoked).
DIVISION
III
(Revoked).
DIVISION
IV
(Revoked).
DIVISION
V
(Revoked).
CHAPTER
IX
INTERPRETATION AND GENERAL
DIVISION
I
DEFINITIONS
DIVISION
II
CANADIAN INVESTMENT FUND OF AN INSURER
DIVISION
III
EQUITY LIMIT OF AN INSURER
DIVISION
IV
GROSS CANADIAN LIFE INVESTMENT INCOME OF AN INSURER
DIVISION
V
INVESTMENT PROPERTY OF AN INSURER
DIVISION
VI
VALUE OF A PROPERTY OF A PERSON OR PARTNERSHIP
DIVISION
VII
MEAN CANADIAN INVESTMENT FUND OF AN INSURER
DIVISION
VIII
GENERAL
CHAPTER
X
DESIGNATED INSURANCE PROPERTY
DIVISION
I
GENERAL
DIVISION
II
DESIGNATION RULES
DIVISION
III
OTHER RULES
CHAPTER
XI
AMOUNT TO BE INCLUDED IN COMPUTING AN INSURER’S INCOME
CHAPTER
XII
PRESCRIBED CORPORATION
CHAPTER
XIII
CAPITAL COST OF DEPRECIABLE PROPERTY ACQUIRED BEFORE 1969
CHAPTER
XIV
AMORTIZED COST OF A LOAN OR LENDING ASSET OF AN INSURER
CHAPTER
XV
DEDUCTIBLE RESERVES
DIVISION
I
INTERPRETATION
DIVISION
II
GENERALITIES
DIVISION
III
UNPAID CLAIMS
DIVISION
IV
(Revoked)
DIVISION
V
(Revoked)
DIVISION
VI
(Revoked)
DIVISION
VII
(Revoked)
DIVISION
VIII
(Revoked)
DIVISION
IX
LIFE INSURANCE POLICIES
CHAPTER
XVI
(Revoked).
DIVISION
I
(Revoked).
DIVISION
II
(Revoked).
DIVISION
III
(Revoked).
CHAPTER
XVII
(Revoked).
CHAPTER
XVIII
AMOUNT TO BE INCLUDED IN RESPECT OF LIFE INSURANCE POLICIES
CHAPTER
XIX
(Revoked).
CHAPTER
XX
AMOUNTS TO BE INCLUDED IN RESPECT OF CERTAIN PROPERTY OF AN INSURER
CHAPTER
XXI
(Revoked)
TITLE
XXXIII
FINANCIAL INSTITUTIONS
CHAPTER
I
INTERPRETATION AND GENERAL
CHAPTER
II
INCOME FROM SPECIFIED DEBT OBLIGATIONS
DIVISION
I
INTERPRETATION
DIVISION
II
AMOUNTS TO INCLUDE OR DEDUCT IN COMPUTING INCOME
DIVISION
III
GENERAL ACCRUAL RULES
DIVISION
IV
SPECIAL CASES AND TRANSITIONAL RULES
DIVISION
V
FOREIGN EXCHANGE ADJUSTMENT
CHAPTER
III
DISPOSITION OF SPECIFIED DEBT OBLIGATIONS
DIVISION
I
TRANSITION AMOUNT
DIVISION
II
RESIDUAL PORTION OF GAIN OR LOSS
DIVISION
III
SPECIAL RULES FOR RESIDUAL PORTION OF GAIN OR LOSS
DIVISION
IV
NON-AMORTIZED DEBT OBLIGATIONS
CHAPTER
IV
(Revoked).
DIVISION
I
(Revoked).
DIVISION
II
(Revoked).
DIVISION
III
(Revoked).
DIVISION
IV
(Revoked).
CHAPTER
V
TRANSITIONAL RULES
TITLE
XXXIV
TAX SHELTER INVESTMENT
TITLE
XXXV
PROFIT SHARING PLANS AND OTHER SPECIAL INCOME ARRANGEMENTS
CHAPTER
I
GENERALITIES
CHAPTER
I.1
EMPLOYEE LIFE AND HEALTH TRUSTS
CHAPTER
II
RETIREMENT COMPENSATION ARRANGEMENTS
CHAPTER
III
REGISTERED EDUCATION SAVINGS PLANS
CHAPTER
IV
REGISTERED RETIREMENT INCOME FUNDS
CHAPTER
V
ELECTION IN RESPECT OF A UNIT IN A QUALIFIED TRUST
CHAPTER
VI
REGISTERED SUPPLEMENTARY UNEMPLOYMENT BENEFIT PLANS
CHAPTER
VII
(Revoked).
CHAPTER
VIII
LIFE INSURANCE POLICIES
DIVISION
I
INTERPRETATION
DIVISION
II
LIFE ANNUITY CONTRACTS
DIVISION
III
PRESCRIBED TAX
DIVISION
IV
MORTALITY GAIN
DIVISION
V
NET COST OF PURE INSURANCE
DIVISION
VI
MORTALITY LOSS
TITLE
XXXVI
CHARITIES
CHAPTER
I
REGISTRATION
CHAPTER
II
DISBURSEMENT QUOTA
DIVISION
I
(Revoked)
DIVISION
II
(Revoked)
TITLE
XXXVII
PRESCRIBED PERSONS
TITLE
XXXVII.1
PROPERTY AND PRESCRIBED CONDITIONS
TITLE
XXXVIII
ADMINISTRATION
CHAPTER
I
DEDUCTION AT SOURCE
DIVISION
I
GENERALITIES
DIVISION
II
FISHERMEN’S ELECTION
DIVISION
III
PAYMENT AND RETURN
DIVISION
IV
INCREASE IN THE DEDUCTION
CHAPTER
II
GENERALITIES
TITLE
XXXIX
INFORMATION RESPECTING TAX SHELTERS
TITLE
XXXIX.1
CERTIFICATE FROM REVENU QUÉBEC
TITLE
XL
INFORMATION
TITLE
XLI
CLASSES OF PROPERTY
TITLE
XLII
INCOME EARNED IN QUÉBEC BY AN INDIVIDUAL RESIDENT IN CANADA OUTSIDE QUÉBEC
CHAPTER
I
GENERAL RULE
CHAPTER
II
ESTABLISHMENTS IN SEVERAL JURISDICTIONS
DIVISION
I
GENERAL RULE
DIVISION
II
COMPUTATION OF GROSS REVENUE
CHAPTER
III
BUS AND TRUCK TRANSPORTATION BUSINESS
CHAPTER
IV
SPECIAL CASES
CHAPTER
V
LOSSES ATTRIBUTABLE TO AN ESTABLISHMENT IN QUEBEC
TITLE
XLIII
INCOME EARNED IN QUEBEC BY AN INDIVIDUAL NOT RESIDENT IN CANADA
CHAPTER
I
GENERAL RULE
CHAPTER
II
ESTABLISHMENTS IN SEVERAL JURISDICTIONS
DIVISION
I
GENERAL RULE
DIVISION
II
COMPUTATION OF GROSS REVENUE
CHAPTER
III
BUS AND TRUCK TRANSPORTATION BUSINESS
CHAPTER
IV
LOSSES ATTRIBUTABLE TO AN ESTABLISHMENT IN QUÉBEC
CHAPTER
V
PROCEEDS OF THE DISPOSITION OF A RIGHT TO A SHARE OF THE INCOME OR LOSS OF A PARTNERSHIP ATTRIBUTABLE TO AN ESTABLISHMENT IN QUÉBEC
CHAPTER
VI
INCOME EARNED IN CANADA
TITLE
XLIV
INVESTMENT INSTITUTIONS
CHAPTER
I
INVESTMENT CORPORATIONS, MORTGAGE INVESTMENT CORPORATIONS AND MUTUAL FUND CORPORATIONS
CHAPTER
II
MUTUAL FUND TRUSTS
CHAPTER
III
NON-RESIDENT OWNED INVESTMENT CORPORATIONS
TITLE
XLIV.1
SPECIAL TAX RELATING TO THE ADDITIONAL DEDUCTION OF 35% OR 60% IN RESPECT OF CERTAIN INVESTMENTS
TITLE
XLV
ADDITIONAL TAX FOR MANUFACTURERS OF TOBACCO PRODUCTS
TITLE
XLVI
TAX ON CAPITAL AND COMPENSATORY TAX
CHAPTER
I
CORPORATIONS HAVING AN ESTABLISHMENT IN QUÉBEC AND AN ESTABLISHMENT OUTSIDE QUÉBEC
CHAPTER
II
EXEMPTION FROM TAX ON CAPITAL
CHAPTER
III
COMPENSATORY TAX OF FINANCIAL INSTITUTIONS
CHAPTER
IV
INSURANCE CORPORATIONS
CHAPTER
V
LIFE INSURANCE CORPORATIONS
TITLE
XLVII
FINAL PROVISIONS
SCHEDULE A
SCHEDULE B
SCHEDULE C
(Revoked)