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

Section 336r8 Disposition versions

2012-09-01

336R8. The rules prescribed by sections 336R9 and 336R10 apply to the computation of the adjusted purchase price of a taxpayer’s interest in a life annuity contract signed before 17 November 1978 and under which annuity payments commence on the death of an individual.

The rules referred to in the first paragraph also apply in the case of an annuity contract, other than an annuity contract referred to in the first paragraph, that is a life annuity contract referred to in the first paragraph, that is a life annuity contract signed before 23 October 1968 or another annuity contract signed before 4 January 1968, under which the annuity payments commence at the end of a fixed number of years, and before the later of 1 January 1970 and the tax anniversary date of the contract.

s. 336R12; O.C. 2962-82, s. 34; O.C. 500-83, s. 34; O.C. 7-87, s. 12; O.C. 134-2009, s. 1.