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

Section 1086r95 Disposition versions

2012-09-01

1086R95. Every syndicate of co-owners of an immovable under divided co-ownership must file for a calendar year, at the request of an individual who lives in the immovable, an information return in prescribed form in respect of the individual, where

(a)  the request is made by the individual before the end of the year;

(b)  the individual declares to the syndicate of co-owners that at the end of the year, the individual will attain the age of 70, or an individual with whom the individual shares the dwelling will attain the age of 70;

(c)  the individual or the individual’s spouse is the owner of a fraction of the immovable held in co-ownership; and

(d)  the aggregate of the amounts paid during the year by the syndicate of co-owners as charges from the co-ownership of the common portions of the immovable, other than common portions for restricted use, includes the cost of one or more eligible services within the meaning of section 1029.8.61.1 of the Act.

s. 1086R23.17.1; O.C. 1116-2007, s. 49; O.C. 134-2009, s. 1.