Ministère de l'Emploi et de la Solidarité sociale
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 728.0.4
Disposition versions

Full text
728.0.4. For the purposes of sections 734 and 735, any amount deducted in computing a corporation’s taxable income for a taxation year ending before 1 July 1988 in respect of a non-capital loss for another taxation year ending after 30 June 1988, is deemed to be equal to the aggregate of the amount so deducted and 1/4 of the amount by which the amount so deducted exceeds the amount by which
(a)  the amount deductible for the year in respect of the non-capital loss, exceeds
(b)  4/5 of the amount deductible under section 725.1.1 in computing its taxable income for the other taxation year.
1990, c. 59, s. 273; 1997, c. 3, s. 71.
© Gouvernement du Québec