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T-0.1 - Act respecting the Québec sales tax

Section 77
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77. Where at any time a particular corporation is wound up and not less than 90% of the issued shares of each class of the capital stock of the particular corporation were, immediately before that time, owned by another corporation,
(1)  for the purposes of sections 444, 446 and 462 to 462.1.1, for the purpose of applying the provisions of this Title in respect of property or a service acquired or brought into Québec by the other corporation as a consequence of the winding-up, and for prescribed purposes and provisions, the other corporation is deemed to be the same corporation as, and a continuation of, the particular corporation; and
(2)  the transfer of any property to the other corporation as a consequence of the winding-up is deemed not to be a supply.
1991, c. 67, s. 77; 1994, c. 22, s. 407; 1995, c. 63, s. 339; 2001, c. 53, s. 287.
77. Where at any time a particular corporation is wound up and not less than 90 % of the issued shares of each class of the capital stock of the particular corporation were, immediately before that time, owned by another corporation,
(1)  for the purposes of sections 444 to 446 and 462 to 462.1.1, for the purpose of applying the provisions of this Title in respect of property or a service acquired or brought into Québec by the other corporation as a consequence of the winding-up, and for prescribed purposes and provisions, the other corporation is deemed to be the same corporation as, and a continuation of, the particular corporation; and
(2)  the transfer of any property to the other corporation as a consequence of the winding-up is deemed not to be a supply.
1991, c. 67, s. 77; 1994, c. 22, s. 407; 1995, c. 63, s. 339.
77. Where at any time a particular corporation is wound up and not less than 90 % of the issued shares of each class of the capital stock of the particular corporation were, immediately before that time, owned by another corporation,
(1)  for the purposes of sections 297.8 and 297.9, 350.36 and 350.37, 444 to 446 and 462 to 462.2, for the purpose of applying the provisions of this title in respect of property or a service acquired or brought into Québec by the other corporation as a consequence of the winding-up, and for prescribed purposes and provisions, the other corporation is deemed to be the same corporation as, and a continuation of, the particular corporation; and
(2)  the transfer of any property to the other corporation as a consequence of the winding-up is deemed not to be a supply.
1991, c. 67, s. 77; 1994, c. 22, s. 407.
77. Where at any time a particular corporation is wound up and not less than 90 % of the issued shares of each class of the capital stock of the particular corporation were, immediately before that time, owned by another corporation,
(1)  for the purposes of sections 444 to 446, for the purpose of applying the provisions of this title in respect of property or a service acquired or brought into Québec by the other corporation as a consequence of the winding-up, and for prescribed purposes and provisions, the other corporation is deemed to be the same corporation as, and a continuation of, the particular corporation; and
(2)  the transfer of any property to the other corporation as a consequence of the winding-up is deemed not to be a supply.
1991, c. 67, s. 77.
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