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

Section 21.6r2 Disposition versions

2012-09-01

21.6R2. For the purposes of paragraph b of section 21.6R1, of section 21.6R3 and of this section, the following rules apply:

(a)  where a taxpayer is a beneficiary of a trust and an amount has been designated to the beneficiary by the trust in a taxation year in accordance with section 666 of the Act, the taxpayer is deemed to have received the amount so designated at the time it was received by the trust;

(b)  where a taxpayer is a member of a partnership and a dividend has been received by the partnership, the taxpayer’s share of the dividend is deemed to have been received by the taxpayer at the time the dividend was received by the partnership.

s. 21.6R3; O.C. 1472-87, s. 1; O.C. 1076-88, s. 2; O.C. 1114-92, s. 2; O.C. 1707-97, s. 98; O.C. 134-2009, s. 1.