Consolidated Statutes and Regulations Consolidated Statutes Consolidated Regulations Annual Statutes and Regulations Annual Statutes Annual Regulations Additional information Québec Official Publisher What’s new? Information note Policy of the Minister of Justice Laws: Amendments Laws: Provisions not in force Laws: Provisions brought into force Annual Statutes: PDF versions since 1996 Regulations: Amendments Annual Regulations: PDF versions since 1996 Court Decisions

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

Section 851.22.4r3
Disposition versions

Full text
851.22.4R3. For the purposes of paragraph b of section 851.22.4 of the Act, where a taxpayer holds a specified debt obligation at any time in a taxation year, the amount prescribed to be deducted in computing the taxpayer’s income in respect of the obligation for the year is the total of
(a)  if the taxpayer’s accrual adjustment determined under Division III in respect of the obligation for the year is less than nil, the amount of the adjustment expressed as a positive number; and
(b)  if a foreign exchange adjustment is determined under Division V in respect of the obligation for the year and is less than nil, the amount of the adjustment expressed as a positive number.
O.C. 390-2012, s. 64.
© Gouvernement du Québec