I-3 - Taxation Act

Section 1029.8.124 Disposition versions

2021-06-02

1029.8.124. (Repealed).

2005, c. 1, s. 269; 2006, c. 36, s. 210; 2021, c. 14, s. 164.

2006-12-06

1029.8.124. An individual who, at the end of 31 December of a taxation year preceding the taxation year 2006, is resident in Québec in an eligible region and encloses with the fiscal return the individual is required to file under section 1000 for the year, or would be required to so file if tax were payable by the individual for that year under this Part, the prescribed form containing the prescribed information is deemed to have paid to the Minister, on the individual’s balance-due day for the year, on account of the individual’s tax payable for that year under this Part, an amount equal to the lesser of

(a)  40% of the aggregate of all amounts each of which is the salary or wages of the individual for the year from an eligible employment and attributable to the individual’s base period; and

(b)  the amount by which $8,000 exceeds the aggregate of all amounts each of which is an amount that the individual is deemed to have paid to the Minister, under this section, for a preceding taxation year.

For the purposes of the first paragraph, an individual who was resident in Québec in an eligible region immediately before the individual’s death is deemed to be resident in Québec in an eligible region at the end of 31 December of the year in which the individual died.

2005, c. 1, s. 269; 2006, c. 36, s. 210.

2006-03-01

1029.8.124. An individual who, at the end of 31 December of a taxation year, is resident in Québec in an eligible region and encloses with the fiscal return the individual is required to file under section 1000 for the year, or would be required to so file if tax were payable by the individual for that year under this Part, the prescribed form containing the prescribed information is deemed to have paid to the Minister, on the individual’s balance-due day for the year, on account of the individual’s tax payable for that year under this Part, an amount equal to the lesser of

(a)  40% of the aggregate of all amounts each of which is the salary or wages of the individual for the year from an eligible employment and attributable to the individual’s base period; and

(b)  the amount by which $8,000 exceeds the aggregate of all amounts each of which is an amount that the individual is deemed to have paid to the Minister, under this section, for a preceding taxation year.

For the purposes of the first paragraph, an individual who was resident in Québec in an eligible region immediately before the individual’s death is deemed to be resident in Québec in an eligible region at the end of 31 December of the year in which the individual died.

2005, c. 1, s. 269.