I-3 - Taxation Act

Section 1029.8.36.166.19 Disposition versions

2012-05-09

1029.8.36.166.19. (Repealed).

2003, c. 9, s. 340; 2012, c. 8, s. 228.

2006-03-01

1029.8.36.166.19. For the purposes of the first paragraph of section 1029.8.36.166.18 and section 1029.8.36.166.29, the amount that a corporation is deemed to have paid to the Minister for a taxation year under the first paragraph of section 1029.8.36.166.18 and section 1029.8.36.166.29 may not exceed, where the corporation is a member of an associated group at the end of the year, the amount that is attributed to the corporation for the year pursuant to the agreement referred to in section 1029.8.36.166.20 or, in any other case, the amount by which $150,000 exceeds the aggregate of all amounts each of which is an amount deemed to have been paid to the Minister under the first paragraph of section 1029.8.36.166.18 and section 1029.8.36.166.29

(a)  by the corporation for a preceding taxation year;

(b)  where the corporation is a member of an associated group in the year, by another corporation that is a member of the group, for a particular taxation year of the other corporation ending in the year or for any other taxation year preceding that particular year; or

(c)  where the corporation was a member of an associated group in a preceding taxation year, by another corporation, other than a corporation referred to in paragraph b, that is a member of the group, for a particular taxation year of the other corporation ending in that preceding taxation year or for any taxation year of the other corporation preceding that particular taxation year.

2003, c. 9, s. 340.