Ministère de l'Emploi et de la Solidarité sociale
Consolidated Statutes and Regulations Consolidated Statutes Consolidated Regulations Annual Statutes and Regulations Annual Statutes Annual Regulations Additional information Québec Official Publisher What’s new? Information note Policy of the Minister of Justice Laws: Amendments Laws: Provisions not in force Laws: Provisions brought into force Annual Statutes: PDF versions since 1996 Regulations: Amendments Annual Regulations: PDF versions since 1996 Court Decisions

I-3 - Taxation Act

Section 147.1
Disposition versions

Full text
147.1. The amount deductible under section 147 shall not exceed the lesser of
(a)  that proportion of 20% of the expense that the number of days in the year is of 365, and
(b)  the amount by which the amount of the expense exceeds the aggregate of all amounts each of which is an amount deductible, in respect of the expense, in computing the taxpayer’s income for a preceding taxation year.
1990, c. 59, s. 88.
© Gouvernement du Québec