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

Section 1086r8 Disposition versions

2012-09-01

1086R8. Where, at any time in a calendar year, a person or partnership holds, on behalf or as a mandatary of a taxpayer resident in Québec, an interest in a debt obligation referred to in the second paragraph, that person or partnership must file an information return in prescribed form in respect of the amount that would, if the year were a taxation year of the taxpayer, be included as interest in respect of the debt obligation in computing the taxpayer’s income for the year.

The debt obligation to which the first paragraph refers is an obligation referred to in paragraph b of section 1086R5 that is

(a)  an obligation in respect of which section 92.1 of the Act applies with respect to the taxpayer; or

(b)  an indexed debt obligation.

s. 1086R7.1.2; O.C. 1454-99, s. 53; O.C. 134-2009, s. 1.