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

Section 1086r45 Disposition versions

2012-09-01

1086R45. Every government, municipality or municipal or public body referred to as a “government” in sections 1086R46 and 1086R47, or producer organization or association that makes a payment to a person or partnership of an amount that is a farm support payment, other than an amount paid out of a net income stabilization account, must file an information return in prescribed form in respect of that amount.

For the purposes of the first paragraph, a farm support payment includes

(a)  a payment that is computed in respect of an area of farm land;

(b)  a payment that is made in respect of a unit of farm commodity grown or disposed of or a farm animal raised or disposed of; and

(c)  a rebate of, or compensation for, all or a portion of

i.  a cost or capital cost incurred in respect of farming, and

ii.  unsowed or unplanted land or crops, or destroyed farm animals, crops or other farm output.

s. 1086R8.17; O.C. 67-96, s. 63; O.C. 1707-97, s. 98; O.C. 134-2009, s. 1.