GreatNorthCollective/greatnorth-canada-federal-laws-text huggingface dataset:
Income Tax Regulations — 411
411 Notwithstanding subsections 402(3) and (4), the amount of taxable income of a corporation whose chief business is the operation of a pipeline that shall be deemed to have been earned by that corporation in a taxation year in a province in which it had a permanent establishment is 1/2 of the aggregate of (a) that proportion of its taxable income for the year that the number of miles of pipeline of the corporation in the province is of the number of miles of pipeline of the corporation in all the provinces in which it had a permanent establishment; and (b) that proportion of its taxable income for the year that the aggregate of the salaries and wages paid in the year by the corporation to employees of its permanent establishment in the province is of the aggregate of salaries and wages paid in the year by the corporation to employees of its permanent establishments in Canada. [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] SOR/80-949, s. 7; SOR/94-686, s. 79(F)
Income Tax Regulations — 412
412 If part of the business of a corporation for a taxation year, other than a corporation described in any of sections 403, 404, 404.1, 405, 406, 407, 408, 409, 410 and 411, consisted of operations normally conducted by a corporation described in one of those sections, the corporation and the Minister may agree to determine the amount of taxable income deemed to have been earned in the year in a particular province to be the total of the amounts computed (a) by applying the provisions of such of those sections as would have been applicable if it had been a corporation described therein to the portion of its taxable income for the year that might reasonably be considered to have arisen from that part of the business; and (b) by applying the provisions of section 402 to the remaining portion of its taxable income for the year. [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] SOR/94-686, s. 79(F); 2017, c. 33, s. 88
Income Tax Regulations — 413
413 (1) In this Part, if a corporation is not resident in Canada (a) “salaries and wages paid in the year” by the corporation does not include salaries and wages paid to employees of a permanent establishment outside Canada; and (b) “taxable income” of the corporation is deemed to refer to the corporation’s taxable income earned in Canada. (2) For the purposes of paragraph 402(3)(a), where a corporation is not resident in Canada, “total gross revenue for the year” of the corporation does not include gross revenue reasonably attributable to a permanent establishment outside Canada. (3) For the purpose of paragraph 404(1)(b), in the case of an authorized foreign bank, “all loans and deposits of the bank for the year” is to be read as a reference to “all loans and deposits of the bank for the year in respect of its Canadian banking business”. [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] SOR/94-686, s. 79(F); 2009, c. 2, s. 95; SOR/2009-302, s. 4; SOR/2011-195, s. 4(F); 2013, c. 33, s. 33
Income Tax Regulations — 413.1
413.1 [Repealed, 2013, c. 33, s. 34] [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] 2009, c. 2, s. 96; 2013, c. 33, s. 34
Income Tax Regulations — 414
ovince for the taxation year, and B is the amount determined by the formula (1 – F/D) × 0.1 where F is the total of all amounts each of which is an amount determined under the description of C in the description of A in respect of a province in which the SIFT trust or SIFT partnership has a permanent establishment in the taxation year. (4) If a SIFT trust or a SIFT partnership has a permanent establishment in Quebec in a taxation year, paragraph (a) of the definition general corporate income tax rate in subsection (1) does not apply in determining the prescribed amount under subsection (3) in respect of the SIFT trust or the SIFT partnership for the taxation year for the purposes of applying the definition provincial SIFT tax rate in determining: (a) in the case of the SIFT partnership, the amount of a dividend deemed by paragraph 96(1.11)(b) of the Act to have been received by it in the taxation year; and (b) in the case of the SIFT trust, the amount of its taxable SIFT trust distributions for the taxation year. [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] SOR/85-741, s. 1; SOR/94-686, s. 79(F); 2009, c. 2, s. 97
Income Tax Regulations — (a)
general corporate income tax rate , in a province for a taxation year, means (a) for Quebec, 0%; (b) for the Newfoundland offshore area, the highest percentage rate of tax imposed under the laws of Newfoundland and Labrador on the taxable income of a public corporation earned in the taxation year in Newfoundland and Labrador; (c) for the Nova Scotia offshore area, the highest percentage rate of tax imposed under the laws of Nova Scotia on the taxable income of a public corporation earned in the taxation year in Nova Scotia; and (d) for each other province, the highest percentage rate of tax imposed under the laws of the province on the taxable income of a public corporation earned in the taxation year in the province. ( taux général d’imposition du revenu des sociétés )
Income Tax Regulations — Income Tax Regulations
province includes the Newfoundland offshore area and the Nova Scotia offshore area. ( province )
Income Tax Regulations — (a)
taxable SIFT distributions , for a taxation year, means (a) in the case of a SIFT trust, its non-deductible distributions amount for the taxation year; and (b) in the case of a SIFT partnership, its taxable non-portfolio earnings for the taxation year. ( montant des distributions imposables )
Income Tax Regulations — 415
415 [Repealed, 2009, c. 2, s. 97] [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] SOR/85-741, s. 1; 2009, c. 2, s. 97
Income Tax Regulations — 500
500 Any election by a corporation to be taxed under section 133 of the Act shall be made by forwarding by registered mail to the Director — Taxation at the District Office of the Department of National Revenue, Taxation that serves the area in which the head office of the corporation is located the following documents: (a) a letter stating that the corporation elects to be taxed under the said section 133; (b) a certified copy of the resolution of the directors of the corporation authorizing the election to be made; and (c) a certified list showing (i) the names and addresses of the registered shareholders and the number of shares of each class held by each, (ii) the names and addresses of the holders of the corporation’s bonds, debentures, or other funded indebtedness, if any, and (iii) the names and addresses of the beneficial owners of shares, bonds, debentures, or other funded indebtedness in cases where the registered shareholders or holders, as the case may be, are not the beneficial owners. [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] SOR/83-268, s. 1; SOR/94-686, ss. 7(F), 79(F)
Income Tax Regulations — 501
501 Any election to be taxed under section 133 of the Act shall be revoked by a corporation by forwarding by registered mail to the Deputy Minister of National Revenue for Taxation at Ottawa the following documents in duplicate: (a) a letter stating that the corporation revokes its election; and (b) a certified copy of the resolution of the directors of the corporation authorizing the election to be revoked. [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] SOR/94-686, s. 79(F)
Income Tax Regulations — 502
502 A corporation which is taxable under section 133 of the Act shall attach to its return of income required to be filed under subsection 150(1) of the Act, a certified statement showing any changes during the taxation year in the information referred to in paragraph 500(c). [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] SOR/94-686, s. 79(F)
Income Tax Regulations — 503
503 [Repealed, SOR/80-140, s. 1] [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] SOR/80-140, s. 1
Income Tax Regulations — 600
600 For the purposes of paragraphs 220(3.2)(a) and (b) of the Act, the following are prescribed provisions: (a) section 21 of the Act; (b) subsections 13(4), (7.4) and (29), 20(24), 44(1) and (6), 45(2) and (3), 50(1), 53(2.1), 56.4(13), 70(6.2), (9.01), (9.11), (9.21) and (9.31), 72(2), 73(1), 80.1(1), 82(3), 83(2), 91(1.4), 93.4(2) to (5), 104(14), 107(2.001), 143(2), 146.01(7), 146.02(7), 164(6) and (6.1), 184(3), 251.2(6) and 256(9) of the Act; (c) paragraphs 12(2.2)(b), (e) of the definition excluded interest and (b) of the definition specified pre-regime loss in subsection 18.2(1), 66.7(7)(c), (d) and (e) and (8)(c), (d) and (e), 80.01(4)(c), 84.1(2.31)(h) and (2.32)(i), 86.1(2)(f), 110.61(1)(e), 110.62(1)(e) and 128.1(4)(d), (6)(a) and (c), (7)(d) and (g) and (8)(c) of the Act; (c.1) subclause 95(2)(f.11)(ii)(E)(III) of the Act; and (d) subsections 1103(1), (2) and (2d) and 5907(2.1) of these Regulations. [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] SOR/92-265, s. 1; SOR/93-530, s. 1; SOR/95-367, s. 1; SOR/96-128, s. 1; SOR/97-471, s. 1; SOR/99-17, s. 7; SOR/2001-216, s. 2; SOR/2002-144, s. 1; SOR/2005-123, s. 3; SOR/2005-185, s. 3; SOR/2006-200, s. 1; SOR/2010-96, s. 1; 2013, c. 34, s. 382, c. 40, s. 98; 2016, c. 12, s. 76; 2017, c. 33, s. 89 2026, c. 3, s. 101
Income Tax Regulations — 700
n Schedule II used by him in the year in the processing of logs or products derived therefrom or, if the amount so determined is greater than 65 per cent of the income remaining after making the deductions under subparagraphs (i) and (ii), 65 per cent of the income so remaining or, if the amount so determined is less than 35 per cent of the income so remaining, 35 per cent of the income so remaining, that (iv) the quantity of standing timber cut in the province in the year by the taxpayer and logs cut from standing timber in the province acquired by the taxpayer in the year, is of (v) the total quantity of standing timber cut and logs acquired in the year by the taxpayer. (3) For the purpose of the definition logging tax in subsection 127(2) of the Act, each of the following is declared to be a tax of general application on income from logging operations: (a) the tax imposed by the Province of British Columbia under the Logging Tax Act , R.S.B.C. 1996, c. 277; and (b) the tax imposed by the Province of Quebec under Part VII of the Taxation Act , R.S.Q., c. I-3. [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] SOR/83-20, s. 1; SOR/87-668, s. 1; SOR/92-516, s. 1; SOR/2010-93, s. 10
Income Tax Regulations — 701
701 [Repealed, SOR/78-377, s. 2] [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] SOR/78-377, s. 2
Income Tax Regulations — 800
800 Subsections 215(1), (2) and (3) of the Act do not apply to amounts paid or credited to a registered non-resident insurer. [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] SOR/79-424, s. 1; SOR/2009-302, s. 5
Income Tax Regulations — 801
801 A taxpayer that is a registered non-resident insurer in a taxation year shall file a return for the taxation year in prescribed form with the Minister on or before its filing-due date for the taxation year. [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] SOR/79-424, s. 1; SOR/88-165, s. 31(F); SOR/90-661, s. 1; SOR/2009-302, ss. 5, 14
Income Tax Regulations — 802
802 The amounts that are taxable under Part XIII of the Act in a taxation year of a taxpayer that is a registered non-resident insurer in the taxation year are amounts paid or credited to the taxpayer in the taxation year other than amounts included under Part I of the Act in computing the taxpayer’s income from a business carried on by it in Canada. [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] SOR/79-424, s. 1; SOR/2009-302, s. 5
Income Tax Regulations — 803
803 A taxpayer that is a registered non-resident insurer in a taxation year shall pay to the Receiver General, on or before its filing-due date for the taxation year, the tax payable by it under Part XIII of the Act in the taxation year. [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] SOR/79-424, s. 1; SOR/2009-302, ss. 5, 14
Income Tax Regulations — 803.1
803.1 [Repealed, SOR/2009-302, s. 5] [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] SOR/2009-302, s. 5
Income Tax Regulations — 804
804 In this Part, registered non-resident insurer means a non-resident corporation approved to carry on business in Canada under the Insurance Companies Act . [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] SOR/79-424, s. 1; SOR/94-686, s. 79(F); SOR/2000-413, s. 1
Income Tax Regulations — 805
805 Subject to section 802, every non-resident person who carries on business in Canada is taxable under Part XIII of the Act on all amounts otherwise taxable under that Part except those amounts that (a) may reasonably be attributed to the business carried on by the person through a permanent establishment (within the meaning assigned by section 8201) in Canada; or (b) are required by subparagraph 115(1)(a)(iii.3) of the Act to be included in computing the person’s taxable income earned in Canada for the year. [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] SOR/81-656, s. 1; SOR/84-948, s. 3; SOR/88-165, s. 3; SOR/94-686, ss. 50(F), 79(F); SOR/2009-302, s. 6
Income Tax Regulations — 805.1
805.1 If a person (in this section referred to as the “payee”) files an application under this section with the Minister in respect of the anticipated payment or crediting of an amount to the payee, and the Minister determines that the amount is an amount described in paragraph 805(a) or (b), the Minister shall issue to the payee a certificate that records that determination. [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] SOR/2009-302, s. 6
Income Tax Regulations — 806
806 For the purposes of paragraph (c) of the definition fully exempt interest in subsection 212(3) of the Act, the Bank for International Settlements and the European Bank for Reconstruction and Development are prescribed. [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] 2017, c. 33, s. 90
Income Tax Regulations — 806.1
806.1 [Repealed, 2017, c. 33, s. 90] [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] SOR/88-165, s. 4; SOR/94-188, s. 1; 2017, c. 33, s. 90
Income Tax Regulations — 806.2
806.2 For the purposes of the definition participating debt interest in subsection 212(3) of the Act, an obligation is a prescribed obligation if it is an indexed debt obligation and no amount payable in respect of it is (a) contingent or dependent upon the use of, or production from, property in Canada; or (b) computed by reference to (i) revenue, profit, cash flow, commodity price or any other similar criterion, other than a change in the purchasing power of money, or (ii) dividends paid or payable to shareholders of any class of shares. [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] SOR/93-345, s. 1; SOR/94-686, s. 79(F); SOR/96-435, s. 2; 2013, c. 40, s. 99
Income Tax Regulations — 807
807 For the purposes of subsection 240(2) of the Act, the letters “AX” or the letter “F”, as the case may be, shall be clearly and indelibly printed in gothic or similar style capital letters of seven point or larger size either as a prefix to the coupon number or on the lower right hand corner of each coupon or other writing issued in evidence of a right to interest on an obligation referred to in that subsection.
Income Tax Regulations — 808
ragraphs (a)(i), (ii) and (iii) if the references therein to “at the end of that fiscal period” were read as references to “at the end of each month in that fiscal period”, by (ii) the number of months in that fiscal period. (7) Subsections (4) to (6) shall be read and construed as if each of the assumptions in paragraphs 96(1)(a) to (g) of the Act were made. (8) For the purpose of paragraph 219(1)(j) of the Act, the allowance of an authorized foreign bank for a taxation year in respect of its investment in property in Canada is prescribed to be the amount, if any, by which (a) the average of all amounts, each of which is the amount for a calculation period (within the meaning assigned by subsection 20.2(1) of the Act) of the bank for the year that is the greater of (i) the amount determined by the formula 0.05 × A where A is the amount of the element A in the formulae in subsection 20.2(3) of the Act for the period, and (ii) the amount by which (A) the total of the cost amount to the bank, at the end of the period (or, in the case of depreciable property or eligible capital property, immediately after the end of the year), of each asset in respect of the bank’s Canadian banking business that is an asset recorded in the books of account of the business in a manner consistent with the manner in which it is required to be treated for the purpose of the branch financial statements (within the meaning assigned by subsection 20.2(1) of the Act) for the year exceeds (B) the amount equal to the total of (I) the amount determined by the formula L + BA where L is the amount of the element L in the formulae in subsection 20.2(3) of the Act for the period, and BA is the amount of the element BA in the formulae in subsection 20.2(3) of the Act for the period, and (II) the amount claimed by the bank under clause 20.2(3)(b)(ii)(A) of the Act exceeds (b) the total of all amounts each of which is an amount that would be determined under paragraph (2)(j), (k), (n) or (o) if that provision applied to the bank for the year, except to the extent that the amount reflects a liability of the bank that has been included in the element L in the formulae in subsection 20.2(3) of the Act for the bank’s last calculation period for the year. [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] SOR/81-656, s. 2; SOR/84-948, s. 4; SOR/90-258, s. 1; SOR/91-78, s. 2; SOR/93-395, s. 1; SOR/94-686, ss. 8(F), 47, 58 to 61(F), 62, 63 to 65(F), 78(F), 79(F), 81(F); SOR/2009-302, s. 7; SOR/2010-93, s. 11; 2016, c. 12, s. 77
Income Tax Regulations — 809
 but for an election by him under section 217 of the Act, payable by him; ( paiement admissible ) required statement of a payee for a taxation year means a written statement signed by him that contains, in respect of the payee, (a) the name and address of each payer of a qualifying payment in the year and, in respect of each such payer, an estimate by the payee of the aggregate of such qualifying payments, and (b) a calculation by him of his estimated taxable income earned in Canada for the year, on the assumption that he makes the election in respect of the year under section 217 of the Act, and such information as may be necessary for the purpose of estimating such income. ( état exigé ) [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] SOR/81-656, s. 3; SOR/94-686, s. 50(F)
Income Tax Regulations — (a)
qualifying payment in relation to a non-resident person means any amount (a) paid or credited, or to be paid or credited, to him as, on account or in lieu of payment of, or in satisfaction of, any amount described in paragraph 212(1)(f) or (h) or in any of paragraphs 212(1)(j), (k), (l), (m) or (q) of the Act, and (b) on which tax under Part XIII of the Act is, or would be, but for an election by him under section 217 of the Act, payable by him; ( paiement admissible )
Income Tax Regulations — (a)
required statement of a payee for a taxation year means a written statement signed by him that contains, in respect of the payee, (a) the name and address of each payer of a qualifying payment in the year and, in respect of each such payer, an estimate by the payee of the aggregate of such qualifying payments, and (b) a calculation by him of his estimated taxable income earned in Canada for the year, on the assumption that he makes the election in respect of the year under section 217 of the Act, and such information as may be necessary for the purpose of estimating such income. ( état exigé )
Income Tax Regulations — 810
810 [Repealed, SOR/2009-302, s. 8] [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] SOR/94-686, s. 57(F); SOR/2009-302, s. 8
Income Tax Regulations — 1001
1001 Any election by a deceased taxpayer’s legal representative under subsection 159(5) of the Act shall be made by filing with the Minister the prescribed form on or before the day on or before which payment of the first of the “equal consecutive annual instalments” referred to in that subsection is required to be made.
Income Tax Regulations — 1100
shall be deemed not to be specified energy property of the taxpayer if, immediately before it was so acquired by the taxpayer, it was not, by virtue of subsection (27), this subsection or subsection (29), specified energy property of the person from whom the property was so acquired. (29) A property acquired by a taxpayer or partnership that is a replacement property (within the meaning assigned by subsection 13(4) of the Act), that would otherwise be specified energy property of the taxpayer or partnership, shall be deemed not to be specified energy property of the taxpayer or partnership if the property replaced, referred to in paragraph 13(4)(a) or (b) of the Act, was, by virtue of subsection (27), (28) or this subsection, not specified energy property of the taxpayer or partnership immediately before it was disposed of by the taxpayer or partnership. [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] SOR/78-137, s. 1; SOR/78-377, ss. 3 to 6; SOR/78-948, s. 1; SOR/79-427, s. 1; SOR/80-942, s. 1; SOR/81-470, s. 1; SOR/82-265, s. 1; SOR/83-340, s. 1; SOR/83-432, s. 1; SOR/84-454, s. 1; SOR/84-948, s. 5; SOR/85-13, s. 1; SOR/85-174, s. 1; SOR/86-254, s. 1; SOR/86-1092, ss. 3(F), 4(F); SOR/86-1136, s. 1; SOR/88-392, s. 1; SOR/89-27, s. 1; SOR/90-22, s. 1; SOR/90-257, s. 1; SOR/90-670, s. 1; SOR/91-196, s. 1; SOR/91-673, s. 1; SOR/92-681, s. 3; SOR/94-128, s. 1; SOR/94-140, s. 2; SOR/94-169, s. 1; SOR/94-170, s. 1; SOR/94-686, ss. 9(F), 48, 58(F), 78(F), 79(F), 81(F); SOR/95-244, s. 1; SOR/97-377, s. 1; SOR/99-179, s. 1; SOR/2000-248, s. 2; SOR/2005-126, s. 1; SOR/2005-371, s. 1; SOR/2005-414, s. 1; SOR/2006-117, s. 1; SOR/2007-19, s. 1; SOR/2009-115, s. 1; SOR/2009-126, s. 1; SOR/2010-93, s. 12; SOR/2011-9, s. 1; 2013, c. 34, s. 383, c. 40, s. 100; 2015, c. 36, s. 21; SOR/2015-117, s. 1; 2016, c. 12, s. 78 2019, c. 29, s. 52 2021, c. 23, s. 84 2022, c. 10, s. 34 2024, c. 15, s. 79 SOR/2024-231, s. 5 2026, c. 3, s. 103 2026, c. 3, s. 123(F)