I-3 - Taxation Act

Section 1029.8.36.53.20 Disposition versions

2021-06-04

1029.8.36.53.20. (Repealed).

2007, c. 12, s. 184; 2021, c. 18, s. 122.

2007-11-07

1029.8.36.53.20. For the purposes of sections 1029.8.36.53.17 to 1029.8.36.53.19, an amount of assistance is deemed to be repaid by a taxpayer or partnership at a particular time, pursuant to a legal obligation, if that amount

(a)  reduced, because of section 1029.8.36.53.15, eligible expenses or the share of such expenses of a taxpayer that is a member of the partnership, for the purpose of computing the amount that the taxpayer or the taxpayer that is a member of the partnership is deemed to have paid to the Minister for a taxation year under section 1029.8.36.53.11 or 1029.8.36.53.12;

(b)  was not received by the taxpayer or partnership; and

(c)  ceased at the particular time to be an amount that the taxpayer or partnership may reasonably expect to receive.

2007, c. 12, s. 184.