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, r. 1 - Regulation respecting the Taxation Act

Section 360r68
Disposition versions

Full text
360R68. For the purposes of section 360R66, the earned depletion base of a taxpayer in respect of an oil or gas well is
(a)  where an agreement described in section 360R69 has been filed with the Minister in respect of the well by the taxpayer and one or more other persons, the amount allocated to the taxpayer under the agreement;
(b)  where no amount has been allocated to the taxpayer in the agreement referred to in paragraph a or where an agreement described in section 360R69 has been filed with the Minister in respect of the well by one or more persons other than the taxpayer, nil; or
(c)  where no agreement referred to in paragraph a or b has been filed with the Minister in respect of the well, $5,000,000.
s. 360R31; O.C. 1981-80, s. 360R31; R.R.Q., 1981, c. I-3, r. 1, s. 360R31; O.C. 134-2009, s. 1.
© Gouvernement du Québec