I-3 - Taxation Act

Section 726.4.17.16 Disposition versions

2012-05-09

726.4.17.16. (Repealed).

1992, c. 1, s. 41; 1993, c. 16, s. 261; 1995, c. 63, s. 261; 1997, c. 3, s. 71; 2004, c. 21, s. 118; 2010, c. 31, s. 175; 2012, c. 8, s. 67.

2011-04-01

726.4.17.16. Where a corporation has renounced an amount under section 726.4.17.12 in respect of a share issue, or where a partnership has renounced an amount under section 726.4.17.13 in respect of a security issue, sections 38 to 40.1 of the Tax Administration Act (chapter A-6.002) apply, with the necessary modifications and without restricting their generality, for the purpose of permitting the Minister to verify or ascertain

(a)  expenses in respect of which the corporation or partnership has so renounced that amount;

(b)  the amount so renounced by the corporation or partnership in respect of those expenses;

(b.1)  government assistance or non-government assistance, within the meaning assigned by the first paragraph of section 1029.6.0.0.1, in respect of those expenses; and

(c)  any information relating either to expenses in respect of which the corporation or partnership has renounced an amount or the amount so renounced by the corporation or partnership, or to any government assistance or non-government assistance, within the meaning assigned by the first paragraph of section 1029.6.0.0.1, in respect of those expenses.

1992, c. 1, s. 41; 1993, c. 16, s. 261; 1995, c. 63, s. 261; 1997, c. 3, s. 71; 2004, c. 21, s. 118; 2010, c. 31, s. 175.

2006-03-01

726.4.17.16. Where a corporation has renounced an amount under section 726.4.17.12 in respect of a share issue, or where a partnership has renounced an amount under section 726.4.17.13 in respect of a security issue, sections 38 to 40.1 of the Act respecting the Ministère du Revenu (chapter M-31) apply, with the necessary modifications and without restricting their generality, for the purpose of permitting the Minister to verify or ascertain

(a)  expenses in respect of which the corporation or partnership has so renounced that amount;

(b)  the amount so renounced by the corporation or partnership in respect of those expenses;

(b.1)  government assistance or non-government assistance, within the meaning assigned by the first paragraph of section 1029.6.0.0.1, in respect of those expenses; and

(c)  any information relating either to expenses in respect of which the corporation or partnership has renounced an amount or the amount so renounced by the corporation or partnership, or to any government assistance or non-government assistance, within the meaning assigned by the first paragraph of section 1029.6.0.0.1, in respect of those expenses.

1992, c. 1, s. 41; 1993, c. 16, s. 261; 1995, c. 63, s. 261; 1997, c. 3, s. 71; 2004, c. 21, s. 118.