I-3 - Taxation Act

Section 737.18.2 Disposition versions

2012-05-09

737.18.2. (Repealed).

1999, c. 83, s. 80; 2005, c. 38, s. 97; 2012, c. 8, s. 72.

2006-03-01

737.18.2. For the purpose of determining, for the purposes of this Title, the income or loss of a qualified corporation for a taxation year from its activities relating to the administration and management of a qualified investment fund of the qualified corporation, the income or loss shall be computed

(a)  as if the activities constituted the carrying on, by the qualified corporation, of a separate business; and

(b)  without reference to the portion, that may reasonably be considered to be attributable to that income or loss, of the specified income or specified loss, within the meaning assigned to those expressions by section 49 of the Act respecting international financial centres (chapter C-8.3), of the qualified corporation for the year from the operations of an international financial centre operated by the qualified corporation.

1999, c. 83, s. 80; 2005, c. 38, s. 97.