I-3 - Taxation Act

Section 1029.8.36.0.102 Disposition versions

2006-12-06

1029.8.36.0.102. For the purposes of section 1029.8.36.0.101, an amount is deemed to be an amount paid by a corporation, person or partnership, as the case may be, in a particular taxation year as a repayment of an amount included in the aggregate determined for a preceding taxation year in respect of the corporation under section 1029.8.36.0.99, pursuant to a legal obligation, if that amount

(a)  has been included in that aggregate;

(b)  in the case of an amount referred to in paragraph a of section 1029.8.36.0.99, has not been received by the corporation;

(c)  in the case of an amount referred to in paragraph b of section 1029.8.36.0.99, has not been obtained by the person or partnership; and

(d)  has ceased in the particular taxation year to be an amount that the corporation, person or partnership may reasonably expect to receive or obtain.

2006, c. 36, s. 147.