GreatNorthCollective/greatnorth-canada-federal-laws-text huggingface dataset:
Income Tax Act — I-3.3 (a)
eligible production corporation , in respect of an accredited production for a taxation year, means a corporation, the activities of which in the year in Canada are primarily the carrying on through a permanent establishment (as defined by regulation) in Canada of a film or video production business or a film or video production services business and that (a) owns the copyright in the accredited production throughout the period during which the production is produced in Canada, or (b) has contracted directly with the owner of the copyright in the accredited production to provide production services in respect of the production, where the owner of the copyright is not an eligible production corporation in respect of the production,except a corporation that is, at any time in the year, (c) a person all or part of whose taxable income is exempt from tax under this Part, (d) controlled directly or indirectly in any manner whatever by one or more persons all or part of whose taxable income is exempt from tax under this Part, or (e) prescribed to be a labour-sponsored venture capital corporation for the purpose of section 127.4. ( société de production admissible )
Income Tax Act — I-3.3 (a)
qualified Canadian labour expenditure of an eligible production corporation for a taxation year in respect of an accredited production means the amount, if any, by which (a) the total of all amounts each of which is the corporation’s Canadian labour expenditure for the year or a preceding taxation year exceeds the aggregate of (b) the total of all amounts, each of which is an amount of assistance that can reasonably be considered to be in respect of amounts included in the total determined under paragraph (a) in respect of the corporation for the year that, at the time of filing its return of income for the year, the corporation or any other person or partnership has received, is entitled to receive or can reasonably be expected to receive, that has not been repaid before that time pursuant to a legal obligation to do so (and that does not otherwise reduce that expenditure), (c) the total of all amounts, each of which is the qualified Canadian labour expenditure of the corporation in respect of the accredited production for a preceding taxation year before the end of which the principal filming or taping of the production began, and (d) where the corporation is a parent, the total of all amounts each of which is included in the total determined under paragraph (a) in respect of the corporation for the year and is the subject of an agreement in respect of the accredited production referred to in paragraph (c) of the definition Canadian labour expenditure between the corporation and its subsidiary wholly-owned corporation. ( dépense de main-d’oeuvre admissible au Canada )
Income Tax Act — I-3.3
salary or wages does not include an amount described in section 7 or an amount determined by reference to profits or revenues. ( traitement ou salaire )
Income Tax Act — I-3.3 125.6
are partnerships or specified members of the partnership; (c) if the fiscal period begins before 2027 and ends after 2026, an amount determined by the formula (0.35 × A + 0.25 × B − C) × D ÷ E where A is the amount determined by the formula F × G ÷ H where F is the total of all amounts each of which is a qualifying labour expenditure of the qualifying journalism organization for the fiscal period in respect of an eligible newsroom employee, G is the number of days in the fiscal period that are before 2027 during which the partnership is a qualifying journalism organization, and H is the number of days in the fiscal period during which the partnership is a qualifying journalism organization, B is the amount determined by the formula I × J ÷ K where I is the total of all amounts each of which is a qualifying labour expenditure of the qualifying journalism organization for the fiscal period in respect of an eligible newsroom employee, J is the number of days in the fiscal period that are after 2026 during which the partnership is a qualifying journalism organization, and K is the number of days in the fiscal period during which the partnership is a qualifying journalism organization, C is the amount received by the qualifying journalism organization from the Aid to Publishers component of the Canada Periodical Fund in the fiscal period, D is the specified proportion of the taxpayer for the fiscal period, and E is the total of all specified proportions of members of the partnership for the fiscal period, other than members that are partnerships or specified members of the partnership; and (d) if the fiscal period begins after 2026, an amount determined by the formula (0.25 × A − B) × C ÷ D where A is the total of all amounts each of which is a qualifying labour expenditure of the qualifying journalism organization for the fiscal period in respect of an eligible newsroom employee, B is the amount received by the qualifying journalism organization from the Aid to Publishers component of the Canada Periodical Fund in the fiscal period, C is the specified proportion of the taxpayer for the fiscal period, and D is the total of all specified proportions of members of the partnership for the fiscal period, other than members that are partnerships or specified members of the partnership. Partnership — application rule (2.2) In this section, a taxpayer includes a partnership. When assistance received (3) For the purposes of this Act other than this section, and for greater certainty, the amount that a taxpayer is deemed under subsection (2) or (2.1) to have paid for a taxation year is assistance received by the taxpayer from a government immediately before the end of the year. [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] 2019, c. 29, s. 23 2021, c. 23, s. 23 2024, c. 17, s. 33
Income Tax Act — I-3.3 (a)
assistance means an amount, other than an amount received from the Aid to Publishers component of the Canada Periodical Fund or an amount deemed under subsection (2) to have been paid, that would be included under paragraph 12(1)(x) in computing the income of a taxpayer for any taxation year if that paragraph were read without reference to (a) subparagraphs 12(1)(x)(v) to (viii), if the amount were received (i) from a person or partnership described in subparagraph 12(1)(x)(ii), or (ii) in circumstances where clause 12(1)(x)(i)(C) applies; and (b) subparagraphs 12(1)(x)(v) to (vii), in any other case. ( montant d’aide )
Income Tax Act — I-3.3 (a)
eligible newsroom employee , in respect of a qualifying journalism organization in a taxation year, means an individual who (a) is employed by the organization in the taxation year; (b) works, on average, a minimum of 26 hours per week throughout the portion of the taxation year in which the individual is employed by the organization; (c) at any time in the taxation year, has been, or is reasonably expected to be, employed by the organization for a minimum period of 40 consecutive weeks that includes that time; (d) spends at least 75% of their time engaged in the production of original written news content, including by researching, collecting information, verifying facts, photographing, writing, editing, designing and otherwise preparing content; and (e) meets any prescribed conditions. ( employé de salle de presse admissible )
Income Tax Act — I-3.3 (a)
low threshold qualifying labour expenditure of a taxpayer for a taxation year that begins before 2023 and ends after 2022, in respect of an eligible newsroom employee, means the lesser of (a) the amount determined by the formula $55,000 × A ÷ 365 where A is the lesser of 365 and the number of days in the taxation year that are before 2023 during which the taxpayer is a qualifying journalism organization, and (b) the amount determined by the formula A − B where A is the amount determined by the formula C × D ÷ E where C is the salary or wages payable by the taxpayer to the eligible newsroom employee in respect of the portion of the taxation year throughout which the taxpayer is a qualifying journalism organization, D is the number of days in the taxation year that are before 2023 during which the taxpayer is a qualifying journalism organization, and E is the number of days in the taxation year during which the taxpayer is a qualifying journalism organization, and B is the amount determined by the formula F × G ÷ H where F is the total of all amounts each of which is an amount of assistance that (i) the taxpayer has received, is entitled to receive or can reasonably be expected to receive, in respect of amounts described in C, and (ii) has not been repaid before the end of the year pursuant to a legal obligation to do so, G is the number of days in the taxation year that are before 2023 during which the taxpayer is a qualifying journalism organization, and H is the number of days in the taxation year during which the taxpayer is a qualifying journalism organization. ( seuil inférieur de dépense de main-d’oeuvre admissible )
Income Tax Act — I-3.3 (a)
qualifying journalism organization , at any time, means a qualified Canadian journalism organization that meets the following conditions: (a) it does not hold a licence , as defined in subsection 2(1) of the Broadcasting Act ; and (b) if it is a corporation having share capital, it meets the conditions in subparagraph (e)(iii) of the definition Canadian newspaper in subsection 19(5). ( organisation journalistique admissible ) (c) [Repealed, 2021, c. 23, s. 23] (d) [Repealed, 2021, c. 23, s. 23]
Income Tax Act — I-3.3 (a)
qualifying labour expenditure of a taxpayer for a taxation year in respect of an eligible newsroom employee, for a taxation year (a) that begins before 2023 and ends after 2022, means the lesser of (i) the amount determined by the formula $85,000 × A ÷ 365 where A is the lesser of 365 and the number of days in the taxation year that are after 2022 during which the taxpayer is a qualifying journalism organization, and (ii) the amount determined by the formula A − B where A is the amount determined by the formula C × D ÷ E where C is the salary or wages payable by the taxpayer to the eligible newsroom employee in respect of the portion of the taxation year throughout which the taxpayer is a qualifying journalism organization, D is the number of days in the taxation year that are after 2022 during which the taxpayer is a qualifying journalism organization, and E is the number of days in the taxation year during which the taxpayer is a qualifying journalism organization, and B is the amount determined by the formula F × G ÷ H where F is the total of all amounts each of which is an amount of assistance that (A) the taxpayer has received, is entitled to receive or can reasonably be expected to receive, in respect of amounts described in C, and (B) has not been repaid before the end of the year pursuant to a legal obligation to do so, G is the number of days in the taxation year that are after 2022 during which the taxpayer is a qualifying journalism organization, and H is the number of days in the taxation year during which the taxpayer is a qualifying journalism organization; and (b) that begins after 2022, means the lesser of (i) the amount determined by the formula $85,000 × A ÷ 365 where A is the lesser of 365 and the number of days in the taxation year during which the taxpayer is a qualifying journalism organization, and (ii) the amount determined by the formula A − B where A is the salary or wages payable by the taxpayer to the eligible newsroom employee in respect of the portion of the taxation year throughout which the taxpayer is a qualifying journalism organization, and B is the total of all amounts each of which is an amount of assistance that (A) the taxpayer has received, is entitled to receive or can reasonably be expected to receive, in respect of amounts described in A, and (B) has not been repaid before the end of the year pursuant to a legal obligation to do so. ( dépense de main-d’oeuvre admissible )
Income Tax Act — I-3.3 125.7
of a deemed overpayment under subsection (2) on a particular date under subsection 164(1.6), in respect of any of the twenty-fourth qualifying period and any subsequent qualifying period, is deemed to be an amount that has been refunded to the eligible entity on that particular date (for the taxation year in which the refund was made) in excess of the amount to which the eligible entity was entitled as a refund under this Act to the extent of the lesser of the amount of the refund and the amount determined by the formula A − B where A is the greater of (a) the executive compensation repayment amount of the eligible entity, and (b) with respect to a qualifying entity that is a publicly traded company or a subsidiary of such a company, the amount of taxable dividends paid by the company or its subsidiary to an individual who is a holder of common shares of the company or of the subsidiary of the company; and B is the total of all amounts deemed to be an excess refund to the eligible entity under this subsection in respect of refunds made after the particular date. Foreign currency — executive remuneration (15) For the purposes of paragraphs 261(2)(b) and (5)(c), amounts referred to in the definition executive remuneration in subsection (1) are deemed to arise on the last day of the eligible entity’s fiscal period to which the amount relates and not at any other time. Extension of time by Minister (16) For the purposes of determining whether an eligible entity is a qualifying entity, a qualifying recovery entity or a qualifying renter, the Minister may, at any time, extend the time for filing an application under this section. [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] 2020, c. 6, s. 2 2020, c. 11, s. 2 2020, c. 13, s. 2 2021, c. 7, s. 4 2021, c. 23, s. 24 2021, c. 26, s. 1 2022, c. 10, s. 14
Income Tax Act — I-3.3 (a)
baseline remuneration , in respect of an eligible employee of an eligible entity, means the average weekly eligible remuneration, excluding any period of seven or more consecutive days for which the employee was not remunerated, paid to the eligible employee by the eligible entity during the period that (a) begins on January 1, 2020 and ends on March 15, 2020; or (b) if the eligible entity elects, (i) begins on March 1, 2019 and ends on May 31, 2019, in respect of any of the first qualifying period to the third qualifying period, (ii) begins on March 1, 2019 and ends on June 30, 2019, in respect of the fourth qualifying period, unless the eligible entity elects to use the period that begins on March 1, 2019 and ends on May 31, 2019 for that qualifying period, (iii) begins on July 1, 2019 and ends on December 31, 2019, in respect of any of the fifth qualifying period to the thirteenth qualifying period, (iii.1) begins on March 1, 2019 and ends on June 30, 2019, in respect of any of the fourteenth qualifying period to the seventeenth qualifying period, unless the eligible entity elects to use the period that begins on July 1, 2019 and ends on December 31, 2019 for that qualifying period, (iii.2) begins on July 1, 2019 and ends on December 31, 2019, in respect of the eighteenth qualifying period and any subsequent qualifying period, or (iv) if the eligible employee was on leave for any reason mentioned in subsection 12(3) of the Employment Insurance Act or section 2 of the Act respecting parental insurance , CQLR, c. A-29.011 throughout the period that begins on July 1, 2019 and ends on March 15, 2020, begins 90 days prior to the date on which the employee commenced that leave and ends on the day prior to the date on which they commenced their leave, in respect of the fifth qualifying period and any subsequent qualifying period. ( rémunération de base )
Income Tax Act — I-3.3 (a)
ge for the qualifying period, if, for the qualifying period, (A) the eligible entity’s revenue reduction percentage is greater than or equal to 40%, and (B) either of the following conditions is met: (I) the eligible entity is a qualifying tourism or hospitality entity, or (II) the eligible entity is subject to a qualifying public health restriction, (ii) if subparagraph (i) does not apply to the eligible entity, the eligible entity’s revenue reduction percentage is for the qualifying period greater than or equal to 50% and the prior year revenue decline of the eligible entity is greater than or equal to 50%, the lesser of 25% and the percentage determined by the formula 0.8 × (A − 50%) + 5% where A is the eligible entity’s revenue reduction percentage for the qualifying period, and (iii) in any other case, nil; and (n) for a qualifying period after the twentieth qualifying period, a percentage determined by regulation in respect of the eligible entity for the qualifying period or, for a qualifying period after the twenty-eighth qualifying period, if there is no percentage determined by regulation for the qualifying period, nil. ( pourcentage de base )
Income Tax Act — I-3.3 (a)
current reference period , for a qualifying period, means (a) for the first qualifying period, March 2020; (b) for the second qualifying period, April 2020; (c) for the third qualifying period, May 2020; (c.1) for the fourth qualifying period, June 2020; (c.2) for the fifth qualifying period, July 2020; (c.3) for the sixth qualifying period, August 2020; (c.4) for the seventh qualifying period, September 2020; (c.5) for the eighth qualifying period, October 2020; (c.6) for the ninth qualifying period, November 2020; (c.7) for the tenth qualifying period, December 2020; (c.8) for the eleventh qualifying period, December 2020; (c.9) for the twelfth qualifying period, January 2021; (c.91) for the thirteenth qualifying period, February 2021; (c.92) for the fourteenth qualifying period, March 2021; (c.93) for the fifteenth qualifying period, April 2021; (c.94) for the sixteenth qualifying period, May 2021; (c.95) for the seventeenth qualifying period, June 2021; (c.96) for the eighteenth qualifying period, July 2021; (c.97) for the nineteenth qualifying period, August 2021; (c.98) for the twentieth qualifying period, September 2021; (c.99) for the twenty-first qualifying period, October 2021; (c.991) for the twenty-second qualifying period, November 2021; (c.992) for the twenty-third qualifying period, December 2021; (c.993) for the twenty-fourth qualifying period, January 2022; (c.994) for the twenty-fifth qualifying period, February 2022; (c.995) for the twenty-sixth qualifying period, March 2022; (c.996) for the twenty-seventh qualifying period, April 2022; (c.997) for the twenty-eighth qualifying period, May 2022; and (d) for the qualifying period referred to in paragraph (d) of the definition qualifying period , a prescribed period. ( période de référence actuelle )
Income Tax Act — I-3.3
eligible employee , of an eligible entity in respect of a week in a qualifying period, means an individual employed by the eligible entity primarily in Canada throughout the qualifying period (or the portion of the qualifying period throughout which the individual was employed by the eligible entity), other than, if the qualifying period is any of the first qualifying period to the fourth qualifying period, an individual who is without remuneration by the eligible entity in respect of 14 or more consecutive days in the qualifying period. ( employé admissible )
Income Tax Act — I-3.3 (a)
eligible entity means (a) a corporation or a trust, other than a corporation or a trust that is exempt from tax under this Part or is a public institution; (b) an individual other than a trust; (c) a registered charity, other than a public institution; (d) a person that is exempt from tax under this Part because of paragraph 149(1)(e), (j), (k) or (l), other than a public institution; (e) a partnership, all of the members of which are described in this paragraph or any of paragraphs (a) to (d); or (f) a prescribed organization. ( entité déterminée )
Income Tax Act — I-3.3 (a)
eligible remuneration , of an eligible employee of an eligible entity, means amounts described in paragraph 153(1)(a) or (g), other than (a) for greater certainty, a retiring allowance; (b) amounts deemed to have been received by the eligible employee as a benefit under or because of any of paragraphs 7(1)(a) to (d.1); (c) any amount received that can reasonably be expected to be paid or returned, directly or indirectly, in any manner whatever, to (i) the eligible entity, (ii) a person or partnership not dealing at arm’s length with the eligible entity, or (iii) another person or partnership at the direction of the eligible entity; and (d) any amount that is paid in respect of a week in the qualifying period, if, as part of an arrangement involving the eligible employee and the eligible entity, (i) the amount is in excess of the eligible employee’s baseline remuneration, (ii) after the qualifying period, the eligible employee is reasonably expected to be paid a lower weekly amount than their baseline remuneration, and (iii) one of the main purposes for the arrangement is to increase the amount of the deemed overpayment under subsection (2). ( rémunération admissible )
Income Tax Act — I-3.3 (a)
termined by the formula C − D where C is the executive remuneration of the eligible entity, or of the public parent corporation that controls the eligible entity, if any, for the 2021 calendar year (prorated based upon the number of days of the eligible entity’s, or the public parent corporation’s, fiscal periods in the calendar year, if those fiscal periods are not the calendar year), and D is the executive remuneration of the eligible entity, or of the public parent corporation that controls the eligible entity, if any, for the 2019 calendar year (prorated based upon the number of days of the eligible entity’s, or the public parent corporation’s, fiscal periods in the calendar year, if those fiscal periods are not the calendar year), and (ii) for the twenty-fourth qualifying period and any subsequent qualifying period, the lesser of (A) the total of all amounts each of which is an amount of a deemed overpayment under subsection (2) for each of the eligible entities described in clause (i.1)(A) of the description of A for the twenty-fourth qualifying period and any subsequent qualifying period, other than amounts in respect of employees on leave with pay, and (B) the amount determined by the formula E + F − G where E is the amount, if any, by which the amount determined under clause (i)(B) exceeds the amount determined under clause (i)(A), F is the executive remuneration of the eligible entity, or of the public parent corporation that controls the eligible entity, if any, for the 2022 calendar year (prorated based upon the number of days of the eligible entity’s, or the public parent corporation’s, fiscal periods in the calendar year, if those fiscal periods are not the calendar year), and G is the executive remuneration of the eligible entity, or of the public parent corporation that controls the eligible entity, if any, for the 2019 calendar year (prorated based upon the number of days of the eligible entity’s, or the public parent corporation’s, fiscal periods in the calendar year, if those fiscal periods are not the calendar year). ( montant du remboursement de la rémunération de la haute direction )