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-4 - Act respecting the application of the Taxation Act

Section 42
Disposition versions

Full text
42. (Repealed).
1972, c. 24, s. 52; 1986, c. 19, s. 207.
42. Notwithstanding section 15 of the Act respecting the application of the Taxation Act (1972, chapter 24), sections 169 to 175 of the Taxation Act apply to taxation years beginning after 1971.
However, paragraphs a and b of section 170 of the said act are replaced by the following for the first taxation year of the corporation beginning after 1971 and the following year:
(a)  the amount computed under the rules prescribed for the purposes of this section; to
(b)  the highest amount reached in that year by the outstanding debts of the corporation to persons not resident in Canada.
1972, c. 24, s. 52.
© Gouvernement du Québec