P-5.1 - Act respecting the sectoral parameters of certain fiscal measures

Section 4 Disposition versions

2015-12-04

4. In this Act and its regulations, unless the context indicates otherwise,

“agreed proportion” has the meaning assigned by section 1.8 of the Taxation Act (chapter I-3);

“business” means a business within the meaning of section 1 of the Taxation Act, or a part of such a business;

“employee” has the meaning assigned by section 1 of the Taxation Act;

“filing-due date” applicable to a person for a taxation year has the meaning assigned by section 1 of the Taxation Act;

“fiscal law” means a fiscal law within the meaning of the Tax Administration Act (chapter A-6.002);

“fiscal measure” means a provision or a set of provisions of a fiscal law that allows a person to benefit from a deduction in computing income, taxable income, tax payable or paid-up capital, an exemption from or a reduction of an assessment, an amount deemed to have been paid on account of tax payable, a reduction of the tax on capital payable, or any other similar benefit, that is referred to in section 1.1 of a schedule, including incidental provisions that aim to recover, in whole or in part, the tax benefit so granted;

“fiscal period” has the meaning assigned by Part I of the Taxation Act;

“individual” has the meaning assigned by section 1 of the Taxation Act;

“person” has the meaning assigned by section 1 of the Taxation Act;

“prescribed” means, in the case of a form or information to be provided in a form, prescribed by the responsible minister or by the responsible minister’s deputy minister, or prescribed by the responsible body, and, in any other case, prescribed by regulation or determined in accordance with rules prescribed by regulation;

“property” has the meaning assigned by section 1 of the Taxation Act;

“subsidiary controlled corporation” has the meaning assigned by section 1 of the Taxation Act;

“subsidiary wholly-owned corporation” has the meaning assigned by section 1 of the Taxation Act;

“taxation year” has the meaning assigned by Part I of the Taxation Act.

2012, c. 1, s. 4; 2015, c. 36, s. 172.

2012-03-05

4. In this Act and its regulations, unless the context indicates otherwise,

“agreed proportion” has the meaning assigned by section 1.8 of the Taxation Act (chapter I-3);

“business” means a business within the meaning of section 1 of the Taxation Act, or a part of such a business;

“employee” has the meaning assigned by section 1 of the Taxation Act;

“fiscal law” means a fiscal law within the meaning of the Tax Administration Act (chapter A-6.002);

“fiscal measure” means a provision or a set of provisions of a fiscal law that allows a person to benefit from a deduction in computing income, taxable income, tax payable or paid-up capital, an exemption from or a reduction of an assessment, an amount deemed to have been paid on account of tax payable, a reduction of the tax on capital payable, or any other similar benefit, that is referred to in section 1.1 of a schedule, including incidental provisions that aim to recover, in whole or in part, the tax benefit so granted;

“fiscal period” has the meaning assigned by Part I of the Taxation Act;

“individual” has the meaning assigned by section 1 of the Taxation Act;

“person” has the meaning assigned by section 1 of the Taxation Act;

“prescribed” means, in the case of a form or information to be provided in a form, prescribed by the responsible minister or by the responsible minister’s deputy minister, or prescribed by the responsible body, and, in any other case, prescribed by regulation or determined in accordance with rules prescribed by regulation;

“property” has the meaning assigned by section 1 of the Taxation Act;

“subsidiary controlled corporation” has the meaning assigned by section 1 of the Taxation Act;

“subsidiary wholly-owned corporation” has the meaning assigned by section 1 of the Taxation Act;

“taxation year” has the meaning assigned by Part I of the Taxation Act.

2012, c. 1, s. 4.