I-3 - Taxation Act

Section 1029.8.36.133 Disposition versions

2010-04-20

1029.8.36.133. (Repealed).

2001, c. 51, s. 189; 2010, c. 5, s. 158.

2006-03-01

1029.8.36.133. Subject to section 1029.8.36.139, the aggregate of all amounts each of which is an amount that a taxpayer who is a member of a partnership operating an international financial centre is deemed to have paid to the Minister under section 1029.8.36.132 for a taxation year shall not exceed

(a)  where the partnership is a member of an associated group at the end of the fiscal period ended in the year, the partnership’s share, for that fiscal period, of the amount attributed to it pursuant to the agreement referred to in section 1029.8.36.138;

(b)  where the partnership is not a member of an associated group at the end of the fiscal period but is a member of an associated group in the fiscal period, its share, for that fiscal period, of the amount by which $750,000 exceeds the aggregate of all amounts each of which is an amount deemed under section 1029.8.36.129 or 1029.8.36.132 to have been paid to the Minister by a member corporation of the group for a taxation year ending in the fiscal period, or by a taxpayer who is a member, at the end of a fiscal period, of another member partnership of the group, for a taxation year in which that fiscal period ends and ending in the fiscal period; or

(c)  in any other case, the partnership’s share, for the fiscal period, of $750,000.

2001, c. 51, s. 189.