I-3 - Taxation Act

Section 752.0.10.15.3 Disposition versions

2015-10-21

752.0.10.15.3. No individual is entitled to an increase of the eligible amount of a gift for a taxation year, in relation to a gift described in subparagraph b of the second paragraph of section 752.0.10.15.1 or in section 752.0.10.15.2, unless the individual files with the Minister, together with the fiscal return the individual is required to file under section 1000 for the year, the following documents issued by the Minister of Culture and Communications:

(a)  in relation to a gift of a work of public art,

i.  in respect of which subparagraph 1 of subparagraph i of subparagraph b of the second paragraph of section 752.0.10.15.1 applies, a copy of any certificate relating to the fair market value of the work, or

ii.  in respect of which subparagraph 2 of subparagraph i of subparagraph b of the second paragraph of section 752.0.10.15.1 or section 752.0.10.15.2 applies, a copy of the certificate relating to the work and of any certificate relating to the fair market value of the work; or

(b)  in relation to the gift of an eligible immovable,

i.  in respect of which subparagraph ii of subparagraph b of the second paragraph of section 752.0.10.15.1 applies, a copy of the qualification certificate relating to the building and of any certificate relating to the fair market value of the immovable, or

ii.  in respect of which subparagraph iii of subparagraph b of the second paragraph of section 752.0.10.15.1 applies, a copy of any certificate relating to the fair market value of the immovable.

2015, c. 21, s. 292.