I-3 - Taxation Act

Section 1029.8.36.59.40 Disposition versions

2021-06-04

1029.8.36.59.40. (Repealed).

2013, c. 10, s. 121; 2021, c. 18, s. 124.

2013-06-05

1029.8.36.59.40. For the purposes of section 1029.8.36.59.39, an amount of assistance is deemed to be repaid at a particular time by a corporation pursuant to a legal obligation if that amount

(a)  reduced, because of section 1029.8.36.59.38, eligible issue expenses for the purpose of computing the amount that the corporation is deemed to have paid to the Minister for a taxation year under section 1029.8.36.59.37;

(b)  was not received by the corporation; and

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

2013, c. 10, s. 121.