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

Section 1086r53 Disposition versions

2012-09-01

1086R53. Where a taxpayer must, under section 310 of the Act where it refers to sections 968 and 968.1 of the Act, include an amount in computing the taxpayer’s income by reason of the disposition of an interest in a life insurance policy and where the insurer who issued the policy is a party to the disposition or is informed thereof in writing, the insurer must file an information return in prescribed form in respect of that amount.

In this section,

“disposition” has the meaning assigned by paragraph a of section 966 of the Act and includes everything that is deemed to be a disposition of an interest in a life insurance policy under section 967 of the Act;

“insurer” has the meaning assigned by paragraph a.1 of section 966 of the Act.

s. 1086R9; O.C. 1981-80, s. 1086R9; R.R.Q., 1981, c. I-3, r. 1, s. 1086R9; O.C. 421-88, s. 36; O.C. 1471-91, s. 33; O.C. 473-95, s. 48; O.C. 67-96, s. 64; O.C. 134-2009, s. 1.