I-3 - Taxation Act

Section 1029.8.36.166.30 Disposition versions

2012-05-09

1029.8.36.166.30. (Repealed).

2003, c. 9, s. 340; 2012, c. 8, s. 228.

2006-03-01

1029.8.36.166.30. For the purposes of section 1029.8.36.166.26, an amount is deemed to be an amount of assistance repaid by a corporation, in a particular taxation year, pursuant to a legal obligation, where that amount

(a)  reduced, because of section 1029.8.36.166.22, the amount of the expenses or professional fees included in the expenditure in respect of administrative costs of the corporation for a taxation year for the purpose of computing the amount it is deemed to have paid to the Minister for that taxation year under section 1029.8.36.166.9;

(b)  was not received by the corporation; and

(c)  ceased in the particular taxation year to be an amount that the corporation may reasonably expect to receive.

2003, c. 9, s. 340.