I-3 - Taxation Act

Section 1029.8.36.0.0.21 Disposition versions

2010-10-27

1029.8.36.0.0.21. (Repealed).

2002, c. 40, s. 137; 2010, c. 25, s. 135.

2006-03-01

1029.8.36.0.0.21. The amount that a qualified corporation is deemed to have paid to the Minister for a taxation year, under sections 1029.8.36.0.0.19, 1029.8.36.0.0.20, 1029.8.36.0.0.26 and 1029.8.36.0.0.27 on account of its tax payable under this Part in respect of the creation of an eligible digital production, may not exceed, where the qualified corporation is a member of an associated group at the end of the year, the amount that is attributed to the corporation for the year pursuant to the agreement referred to in section 1029.8.36.0.0.22 or, in any other case, the amount by which $8,000,000 exceeds the aggregate of all amounts each of which is an amount deemed to have been paid to the Minister under sections 1029.8.36.0.0.19, 1029.8.36.0.0.20, 1029.8.36.0.0.26 and 1029.8.36.0.0.27

(a)  by the qualified corporation for a preceding taxation year;

(b)  where the qualified corporation is a member of an associated group in the year, by another corporation that is a member of the group, for a particular taxation year of the other corporation ending in the year or for any taxation year of the other corporation preceding that particular year; or

(c)  where the qualified corporation was a member of an associated group in a preceding taxation year, by another corporation, other than a corporation referred to in paragraph b, that is a member of the group, for a particular taxation year of the other corporation ending in that preceding taxation year or for any taxation year of the other corporation preceding that particular taxation year.

2002, c. 40, s. 137.