I-3 - Taxation Act

Section 1029.8.36.72.82.1.3 Disposition versions

2010-10-27

1029.8.36.72.82.1.3. If a corporation that is a member of an associated group referred to in subparagraph b of the first paragraph of section 1029.8.36.72.82.1.2 fails to file with the Minister an agreement referred to in that subparagraph within 30 days after notice in writing by the Minister has been sent to any of the corporations that are members of that group that such an agreement is required for the purposes of any assessment of tax under this Part or for the determination of another amount, the Minister shall, for the purposes of subparagraph a of the first paragraph of section 1029.8.36.72.82.1.1, attribute an amount to one or more of those corporations for the taxation year, which amount or the aggregate of which amounts must be equal to $50,000, and in such a case, despite that subparagraph b, the base amount for the year of each of the corporations is equal to the amount so attributed to it.

2010, c. 25, s. 141.