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

Section 771r10 Disposition versions

2012-09-01

771R10. Section 771R9 does not apply in respect of a taxation year or fiscal period, as the case may be, of a corporation or partnership referred to therein if the Minister is of the opinion that a reduction in the total taxes payable under the Act by the employer referred to in that section and by the corporation or by each member of the partnership is not one of the anticipated goals or results of

(a)  the entering into or the maintaining in force of the agreement under which the service is rendered by the employee referred to in that section 771R9 to or for the corporation or partnership;

(b)  the entering into or the maintaining in force of any other agreement affecting the amount, determined for the purposes of this Title, of the salaries and wages paid by the corporation in the taxation year or by the partnership in the fiscal period and that the Minister considers to be related to the agreement to provide services referred to in paragraph a; or

(c)  any other transaction, arrangement or event affecting the amount, determined for the purposes of this Title, of the wages and salaries paid by the corporation in the taxation year or by the partnership in the fiscal period.

s. 771R5.0.2; O.C. 1707-97, s. 55; O.C. 1466-98, s. 69; O.C. 134-2009, s. 1.