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

Section 130r98 Disposition versions

2012-09-01

130R98. Despite section 130R93, where a taxpayer acquires, in the course of a reorganization in respect of which, if a dividend were received by a corporation in the course of the reorganization, section 308.1 of the Act would not be applicable to the dividend by reason of the application of section 308.3 of the Act, or from a person with whom the taxpayer was not dealing at arm’s length, otherwise than by virtue of a right referred to in paragraph b of section 20 of the Act, at the time the property was acquired, a property that would otherwise be leasing property of the taxpayer, that property is deemed not to be such property if, immediately before it was so acquired, it was not, by virtue of this section or section 130R97 or 130R99, a leasing property of the person from whom it was so acquired.

s. 130R53; O.C. 1981-80, s. 130R53; R.R.Q., 1981, c. I-3, r. 1, s. 130R53; O.C. 2962-82, s. 16; O.C. 500-83, s. 16; O.C. 1472-87, s. 5; O.C. 1471-91, s. 14; O.C. 1697-92, s. 25; O.C. 1707-97, s. 98; O.C. 134-2009, s. 1.