I-3 - Taxation Act

Section 1029.8.36.108 Disposition versions

2009-05-15

1029.8.36.108. (Repealed).

1999, c. 86, s. 85; 2003, c. 9, s. 330; 2009, c. 5, s. 455.

2006-03-01

1029.8.36.108. For the purpose of computing the amount that a taxpayer is deemed to have paid to the Minister for a taxation year under section 1029.8.36.104 or 1029.8.36.105, the following rules apply:

(a)  the amount of a qualified solicitation expenditure referred to in subparagraph i of subparagraph a of the first paragraph of section 1029.8.36.104 shall be reduced, where applicable, by the amount of any government assistance or non-government assistance attributable to the qualified solicitation expenditure that the taxpayer has received, is entitled to receive or may reasonably expect to receive on or before the taxpayer’s filing-due date for the taxation year in which the expenditure was incurred; and

(b)  the share, for a fiscal period of a partnership ending in that taxation year, of a taxpayer who is a member of the partnership, of the amount of a qualified solicitation expenditure, referred to in subparagraph i of subparagraph a of the first paragraph of section 1029.8.36.105, shall be reduced, where applicable,

i.  by the taxpayer’s share, for that fiscal period, of the amount of any government assistance or non-government assistance attributable to the qualified solicitation expenditure that the partnership has received, is entitled to receive or may reasonably expect to receive, on or before the day that is six months after the end of the fiscal period in which the expenditure was incurred by the partnership, and

ii.  by the amount of any government assistance or non-government assistance attributable to the qualified solicitation expenditure that the taxpayer has received, is entitled to receive or may reasonably expect to receive, on or before the day that is six months after the end of the fiscal period in which the expenditure was incurred by the partnership.

1999, c. 86, s. 85; 2003, c. 9, s. 330.