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 365
Disposition versions

Full text
365. However, Canadian exploration and development expenses shall not include, for the purposes of this chapter:
(a)  any consideration given for any share, interest or right relating to it, except as provided in paragraph e of section 364; or
(b)  any expenses contemplated in paragraph e of section 364 and incurred by another taxpayer, to the extent that the obligation of that other taxpayer to incur such expenses constituted for him, under the said paragraph, Canadian exploration and development expenses.
1972, c. 23, s. 332; 1973, c. 17, s. 39.
© Gouvernement du Québec