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

Section 840r8.1 Disposition versions

2023-09-26

840R8.1. (Revoked).

O.C. 701-2013, s. 39; S.Q. 2019, c. 14, s. 641; S.Q. 2023, c. 19, s. 167.

2019-06-19

840R8.1. For the purposes of this chapter, any reference to an amount or item reported as an asset or a liability of an insurer at the end of a taxation year is a reference,

(a)  if reporting by the insurer to the Superintendent of Financial Institutions is required at the end of the year, to the amount or item that is reported, at the end of the year, as an asset or a liability in the insurer’s non-consolidated balance sheet accepted by the Superintendent of Financial Institutions; and

(b)  in any other case, to the amount or item that is reported, at the end of the year, as an asset or a liability in the insurer’s non-consolidated balance sheet that is prepared in a manner consistent with the requirements that would have applied had reporting by the insurer to the Superintendent of Financial Institutions been required at the end of the year.

O.C. 701-2013, s. 39; S.Q. 2019, c. 14, s. 641.

2013-07-03

840R8.1. For the purposes of this chapter, any reference to an amount or item reported as an asset or a liability of an insurer at the end of a taxation year is a reference,

(a)  if reporting by the insurer to the relevant authority is required at the end of the year, to the amount or item that is reported, at the end of the year, as an asset or a liability in the insurer’s non-consolidated balance sheet accepted by the relevant authority; and

(b)  in any other case, to the amount or item that is reported, at the end of the year, as an asset or a liability in the insurer’s non-consolidated balance sheet that is prepared in a manner consistent with the requirements that would have applied had reporting to the relevant authority been required at the end of the year.

O.C. 701-2013, s. 39.