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

Section 360r95 Disposition versions

2012-09-01

360R95. The amount described in section 360R90 at the particular time therein referred to is equal to the aggregate of

(a)  the amounts deducted by the individual pursuant to section 360R89 in computing the individual’s income for the taxation years ending before that time; and

(b)  66 2/3% of the amounts that become receivable by the individual before that time and after 31 March 1980 and in respect of which the consideration given by the individual is property, other than a share or property that would have been for the individual a Canadian resource property had it been acquired at the time the consideration was given, or services the cost of which may be regarded as having been primarily an expenditure in respect of which an amount has been included, pursuant to section 360R90, in computing the individual’s Québec exploration account.

s. 360R56; O.C. 2456-80, s. 11; R.R.Q., 1981, c. I-3, r. 1, s. 360R56; O.C. 134-2009, s. 1.