Income Tax Act — I-3.3 160
ointly and severally, or solidarily, liable with the specified individual for the amount if (i) where the specified individual has not attained the age of 17 years before the year, the particular individual is a parent of the specified individual, and (ii) where the specified individual has attained the age of 17 years before the year, (A) the particular individual is a source individual in respect of the specified individual, (B) the amount was derived directly or indirectly from a related business (within the meaning of paragraph 120.4(1.1)(d)) in respect of the specified individual, and (C) the particular individual meets the conditions in any of paragraphs (a) to (c) in the definition related business in subsection 120.4(1) in respect of the related business; (b) the particular individual’s liability under paragraph (a) in respect of the specified individual for the year is to be determined as though the only amounts included in the specified individual’s split income for the year are amounts derived from the related business referred to in subparagraph (a)(ii); and (c) nothing in this subsection limits the liability of (i) the specified individual under any other provision of this Act, or (ii) the particular individual for the interest that the particular individual is liable to pay under this Act on an assessment in respect of the amount that the particular individual is liable to pay because of this subsection. Joint liability — tax on split-pension income (1.3) Where a pensioner and a pension transferee (as those terms are defined in section 60.03) make a joint election under section 60.03 in respect of a split-pension amount (as defined in that section) for a taxation year, they are jointly and severally, or solidarily, liable for the tax payable by the pension transferee under this Part for the taxation year to the extent that that tax payable is greater than it would have been if no amount were required to be added because of paragraph 56(1)(a.2) in computing the income of the pension transferee under this Part for the taxation year. Joint liability — spousal and similar trusts (1.4) If subsection 104(13.4) deems an amount to have become payable in a taxation year of a trust to an individual, the individual and the trust are jointly and severally, or solidarily, liable for the tax payable by the individual under this Part for the individual’s taxation year that includes the day on which the individual dies to the extent that that tax payable is greater than it would have been if the amount were not included in computing the individual’s income under this Part for the taxation year. Joint liability — intergenerational business transfer (1.5) If a taxpayer and one or more other taxpayers have jointly elected under (a) paragraph 84.1(2.31)(h) in respect of a disposition of shares of the capital stock of a corporation resident in Canada, they are jointly and severally, or solidarily, liable for the tax payable by the taxpayer under this Part to the extent that the tax payable by the taxpayer is greater than it would have been if the disposition had satisfied the conditions of subsection 84.1(2.31); or (b) paragraph 84.1(2.32)(i) in respect of a disposition of shares of the capital stock of a corporation resident in Canada, they are jointly and severally, or solidarily, liable for the tax payable by the taxpayer under this Part to the extent that the tax payable by the taxpayer is greater than it would have been if the disposition had satisfied the conditions of subsection 84.1(2.32). Joint and several, or solidary, liability — qualifying business transfers (1.6) If a trust, any purchaser corporation owned by the trust and a taxpayer have jointly elected under paragraph 110.61(1)(e) in respect of a disposition of shares of the capital stock of a corporation and paragraph 110.61(4)(a) applies, the trust, the purchaser corporation (if applicable) and the taxpayer are jointly and severally, or solidarily, liable for the tax