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

Section 360r28 Disposition versions

2012-09-01

360R28. For the purposes of this section and paragraph b of sections 360R24 and 360R27, the following rules apply:

(a)  a taxpayer is deemed not to deal at arm’s length with a partnership where the taxpayer does not deal at arm’s length with any member of the partnership;

(b)  a partnership is deemed not to deal at arm’s length with another partnership where any member of the first partnership does not deal at arm’s length with any member of the second partnership;

(c)  where a taxpayer is a member, or is deemed by this paragraph to be a member, of a partnership that is a member of another partnership, the taxpayer is deemed to be a member of the other partnership; and

(d)  the provision of a service to a taxpayer does not include the provision of a service by an individual in the individual’s capacity as an employee of the taxpayer.

s. 360R15.2; O.C. 1466-98, s. 51; O.C. 134-2009, s. 1.