GreatNorthCollective/greatnorth-canada-federal-laws-text huggingface dataset:
Income Tax Act — I-3.3 (a)
production from a Canadian resource property or a foreign resource property means (a) petroleum, natural gas and related hydrocarbons produced from the property, (b) heavy crude oil produced from the property processed to any stage that is not beyond the crude oil stage or its equivalent, (c) ore (other than iron ore or tar sands) produced from the property processed to any stage that is not beyond the prime metal stage or its equivalent, (d) iron ore produced from the property processed to any stage that is not beyond the pellet stage or its equivalent, (e) tar sands produced from the property processed to any stage that is not beyond the crude oil stage or its equivalent, and (f) any rental or royalty from the property computed by reference to the amount or value of the production of petroleum, natural gas or related hydrocarbons or ore; ( production )
Income Tax Act — I-3.3 (a)
reserve amount of a corporation for a taxation year in respect of an owner or predecessor owner of a Canadian resource property means the amount determined by the formula A - B where A is the total of all amounts that are (a) required by subsection 59(2) to be included in computing the corporation’s income for the year, and (b) in respect of a reserve, deducted in computing the income of the original owner or predecessor owner and deemed by paragraph 87(2)(g) or by virtue of that paragraph and paragraph 88(1)(e.2) to have been deducted by the corporation as a reserve in computing its income for a preceding taxation year, and B is the total of amounts deducted in computing the corporation’s income for the year by virtue of subsection 64(1), 64(1.1) or 64(1.2) in respect of dispositions by the original owner or predecessor owner, as the case may be; ( provision )
Income Tax Act — I-3.3
selling instrument in respect of flow-through shares means a prospectus, registration statement, offering memorandum, term sheet or other similar document that describes the terms of the offer (including the price and number of shares) pursuant to which a corporation offers to issue flow-through shares; ( avis d’émission )
Income Tax Act — I-3.3 (a)
shareholder corporation of a joint exploration corporation means a corporation that for the period in respect of which the expression is being applied (a) was a shareholder of the joint exploration corporation, and (b) made a payment or loan to the joint exploration corporation in respect of Canadian exploration and development expenses, a Canadian exploration expense, a Canadian development expense or a Canadian oil and gas property expense incurred or to be incurred by the joint exploration corporation; ( société actionnaire )
Income Tax Act — I-3.3 (a)
specified foreign exploration and development expense of a taxpayer in respect of a country (other than Canada) means an amount that is included in the taxpayer’s foreign exploration and development expenses and that is (a) a drilling or exploration expense, including any general geological or geophysical expense, incurred by the taxpayer on or in respect of exploring or drilling for petroleum or natural gas in that country, (a.1) an expense incurred by the taxpayer after December 21, 2000 (otherwise than pursuant to an agreement in writing made before December 22, 2000) for the purpose of determining the existence, location, extent or quality of a mineral resource in that country, including any expense incurred in the course of (i) prospecting, (ii) carrying out geological, geophysical or geochemical surveys, (iii) drilling by rotary, diamond, percussion or other methods, or (iv) trenching, digging test pits and preliminary sampling, (b) a prospecting, exploration or development expense incurred by the taxpayer before December 22, 2000 (or after December 21, 2000 pursuant to an agreement in writing made before December 22, 2000) in searching for minerals in that country, (c) the cost to the taxpayer of the taxpayer’s foreign resource property in respect of that country, (d) an annual payment made by the taxpayer in a taxation year of the taxpayer for the preservation of a foreign resource property in respect of that country, (e) an amount deemed by subsection 21(2) or (4) to be a foreign exploration and development expense incurred by the taxpayer, to the extent that it can reasonably be considered to relate to an amount that, without reference to this paragraph and paragraph (f), would be a specified foreign exploration and development expense in respect of that country, or (f) subject to section 66.8, the taxpayer’s share of the specified foreign exploration and development expenses of a partnership incurred in respect of that country in a fiscal period of the partnership if, at the end of that period, the taxpayer was a member of the partnership. ( frais d’exploration et d’aménagement à l’étranger déterminés )
Income Tax Act — I-3.3
bitumen mine development project , of a taxpayer, means an undertaking for the sole purpose of developing a new mine to extract and process tar sands from a mineral resource of the taxpayer to produce bitumen or a similar product; ( projet de mise en valeur d’une mine de bitume )
Income Tax Act — I-3.3
bitumen upgrading development project , of a taxpayer, means an undertaking for the sole purpose of constructing an upgrading facility to process bitumen or a similar feedstock (all or substantially all of which is from a mineral resource of the taxpayer) from a new mine to the crude oil stage or its equivalent; ( projet de valorisation du bitume )
Income Tax Act — I-3.3 (a)
of paragraphs (j) to (n) given or incurred by a partnership, but any assistance that a taxpayer has received or is entitled to receive after May 25, 1976 in respect of or related to the taxpayer’s Canadian exploration expense shall not reduce the amount of any of the expenses described in any of paragraphs (a) to (i); ( frais d’exploration au Canada )
Income Tax Act — I-3.3
Canadian renewable and conservation expense has the meaning assigned by regulation, and for the purpose of determining whether an outlay or expense in respect of a prescribed energy conservation property is a Canadian renewable and conservation expense, the Technical Guide to Canadian Renewable and Conservation Expenses (CRCE) , as amended from time to time and published by the Department of Natural Resources, shall apply conclusively with respect to engineering and scientific matters; ( frais liés aux énergies renouvelables et à l’économie d’énergie au Canada )
Income Tax Act — I-3.3
completion , of a specified oil sands mine development project, means the first attainment of a level of average output, measured over a 60-day period, equal to at least 60% of the planned level of average daily output (as determined in paragraph (b) of the definition specified oil sands mine development project ) for the specified oil sands mine development project; ( achèvement )
Income Tax Act — I-3.3 (a)
designated asset , in respect of an oil sands mine development project of a taxpayer, means a property that is a building, a structure, machinery or equipment and is, or is an integral and substantial part of, (a) in the case of a bitumen mine development project, (i) a crusher, (ii) a froth treatment plant, (iii) a primary separation unit, (iv) a steam generation plant, (v) a cogeneration plant, or (vi) a water treatment plant, or (b) in the case of a bitumen upgrading development project, (i) a gasifier unit, (ii) a vacuum distillation unit, (iii) a hydrocracker unit, (iv) a hydrotreater unit, (v) a hydroprocessor unit, or (vi) a coker; ( bien désigné )
Income Tax Act — I-3.3 (a)
eligible oil sands mine development expense , of a taxpayer, means an expense incurred by the taxpayer after March 21, 2011 and before 2016, the amount of which is determined by the formula A × B where A is an expense that would be a Canadian exploration expense of the taxpayer described in paragraph (g) of the definition Canadian exploration expense if that paragraph were read without reference to “and before March 21, 2013” and “other than a bituminous sands deposit or an oil shale deposit”, but does not include an expense that is a specified oil sands mine development expense, and B is (a) 100% if the expense is incurred before 2013, (b) 80% if the expense is incurred in 2013, (c) 60% if the expense is incurred in 2014, and (d) 30% if the expense is incurred in 2015; ( frais d’aménagement admissibles relatifs à une mine de sables bitumineux )
Income Tax Act — I-3.3
oil sands mine development project , of a taxpayer, means a bitumen mine development project or a bitumen upgrading development project of the taxpayer; ( projet de mise en valeur d’une mine de sables bitumineux )
Income Tax Act — I-3.3 (a)
preliminary work activity , in respect of an oil sands mine development project, means activity that is preliminary to the acquisition, construction, fabrication or installation by or on behalf of a taxpayer of designated assets in respect of the taxpayer’s oil sands mine development project including, without limiting the generality of the foregoing, the following activities: (a) obtaining permits or regulatory approvals, (b) performing design or engineering work, (c) conducting feasibility studies, (d) conducting environmental assessments, and (e) entering into contracts; ( travaux préliminaires )
Income Tax Act — I-3.3 (a)
restricted expense of a taxpayer means an expense (a) incurred by the taxpayer before April, 1987, (b) that is deemed by paragraph 66(10.2)(c) to have been incurred by the taxpayer, or included by the taxpayer in the amount referred to in paragraph (a) of the definition Canadian development expense in subsection 66.2(5) by virtue of paragraph 66(12.3)(b), to the extent that the expense was originally incurred before April, 1987, (c) that was renounced by the taxpayer under subsection 66(10.2), 66(12.601) or 66(12.62), (d) in respect of which an amount referred to in subsection 66(12.3) becomes receivable by the taxpayer, (e) deemed to be a Canadian exploration expense of the taxpayer or any other taxpayer by virtue of subsection 66.1(9), or (f) where the taxpayer is a corporation, that was incurred by the corporation before the time control of the corporation was last acquired by a person or persons; ( frais spécifiés )
Income Tax Act — I-3.3 (a)
specified oil sands mine development expense , of a taxpayer, means an expense that (a) would be a Canadian exploration expense described in paragraph (g) of the definition Canadian exploration expense if that paragraph were read without reference to “and before March 21, 2013” and “other than a bituminous sands deposit or an oil shale deposit”, (b) is incurred by the taxpayer after March 21, 2011 and before 2015, and (c) is incurred by the taxpayer to achieve completion of a specified oil sands mine development project of the taxpayer; ( frais d’aménagement déterminés relatifs à une mine de sables bitumineux )
Income Tax Act — I-3.3 (a)
specified oil sands mine development project , of a taxpayer, means an oil sands mine development project (not including any preliminary work activity) in respect of which (a) one or more designated assets was, before March 22, 2011, (i) acquired by the taxpayer, or (ii) in the process of being constructed, fabricated or installed, by or on behalf of the taxpayer, and (b) the planned level of average daily output (where that output is bitumen or a similar product in the case of a bitumen mine development project, or synthetic crude oil or a similar product in the case of a bitumen upgrading development project) that can reasonably be expected, is the lesser of (i) the level that was the demonstrated intention of the taxpayer as of March 21, 2011 to produce from the oil sands mine development project, and (ii) the maximum level of output associated with the design capacity, as of March 21, 2011, of the designated asset referred to in paragraph (a); ( projet déterminé de mise en valeur d’une mine de sables bitumineux )
Income Tax Act — I-3.3 (a)
specified purpose means (a) the operation of an oil or gas well for the sole purpose of testing the well or the well head and related equipment, in accordance with generally accepted engineering practices, (b) the burning of natural gas and related hydrocarbons to protect the environment, and (c) prescribed purposes. ( fin admise )
Income Tax Act — I-3.3 (a)
accelerated Canadian development expense , of a taxpayer, means any cost or expense incurred by the taxpayer during a taxation year if the cost or expense (a) qualifies as a Canadian development expense at the time it is incurred, other than (i) an expense in respect of which the taxpayer is a successor, within the meaning of subsection 66.7(4), and (ii) a cost in respect of a Canadian resource property acquired by the taxpayer, or a partnership in which the taxpayer is a member, from a person or partnership with which the taxpayer does not deal at arm’s length, (b) is incurred after November 20, 2018 and before 2025, and (c) if the Canadian development expense is deemed to be a Canadian development expense incurred by the taxpayer because of paragraph 66(12.63)(a), is an amount renounced under an agreement entered into after November 20, 2018; ( frais d’aménagement au Canada accélérés )
Income Tax Act — I-3.3 (a)
 partnership, unless the taxpayer elects in respect of the share in prescribed form and manner on or before the day that is 6 months after the taxpayer’s taxation year in which that period ends, or (g) any cost or expense referred to in any of paragraphs (a) to (e) incurred by the taxpayer pursuant to an agreement in writing with a corporation, entered into before 1987, under which the taxpayer incurred the cost or expense solely as consideration for shares, other than prescribed shares, of the capital stock of the corporation issued to the taxpayer or any interest in or right to — or, for civil law, any right in or to — such shares, but for greater certainty, shall not include (h) any consideration given by the taxpayer for any share or any interest in or right to — or, for civil law, any right in or to — a share, except as provided by paragraph (g), (i) any expense described in paragraph (g) incurred by any other taxpayer to the extent that the expense was, (i) by virtue of that paragraph, a Canadian development expense of that other taxpayer, (ii) by virtue of paragraph (i) of the definition Canadian exploration expense in subsection 66.1(6), a Canadian exploration expense of that other taxpayer, or (iii) by virtue of paragraph (c) of the definition Canadian oil and gas property expense in subsection 66.4(5), a Canadian oil and gas property expense of that other taxpayer, (i.1) an expense that is the cost, or any part of the cost, to the taxpayer of any depreciable property of a prescribed class that was acquired after 1987, (j) any amount included at any time in the capital cost to the taxpayer of any depreciable property of a prescribed class, or (k) the taxpayer’s share of any consideration, expense, cost or expenditure referred to in any of paragraphs (h) to (j) given or incurred by a partnership, but any assistance that a taxpayer has received or is entitled to receive after May 25, 1976 in respect of or related to the taxpayer’s Canadian development expense shall not reduce the amount of any of the expenses described in any of paragraphs (a) to (g); ( frais d’aménagement au Canada )
Income Tax Act — I-3.3 (a)
articular time under subparagraph 66.7(5)(a)(i) in respect of the original disposition if that subparagraph continued to apply to the taxpayer in respect of the original disposition as if subsequent successors were the same person as the taxpayer, and (ii) in any other case, the amount determined at the particular time under subparagraph 66.7(5)(a)(i) in respect of the original disposition exceeds (iii) the amount that would be determined at the particular time under subparagraph 66.7(5)(a)(ii) in respect of the original disposition if that subparagraph were read without reference to the words “or the successor”, wherever they appear therein, and if amounts that became receivable after 1992 were not taken into account, and (c) where (i) after the original disposition and at or before the particular time, the taxpayer disposed of all or part of the property in circumstances in which subsection 66.7(4) applied, otherwise than by way of an amalgamation or merger or solely because of the application of paragraph 66.7(10)(c), and (ii) the winding-up of the taxpayer began at or before that time or the taxpayer’s disposition referred to in subparagraph (i) (other than a disposition under an agreement in writing entered into before December 22, 1992) occurred after December 21, 1992, nil M is the total amount of assistance that the taxpayer has received or is entitled to receive in respect of any Canadian development expense (including an expense that has become a Canadian exploration expense of the taxpayer by virtue of subsection 66.1(9)) incurred after 1980 or that can reasonably be related to Canadian development activities after 1980, M.1 is the total of all amounts by which the cumulative Canadian development expense of the taxpayer is required because of subsection 80(8) to be reduced at or before that time, N is the total of all amounts that are required to be deducted before that time under subsection 66(14.2) in computing the taxpayer’s cumulative Canadian development expense, and O is the total of all amounts that are required to be deducted before that time under paragraph 66.7(12)(c) in computing the taxpayer’s cumulative Canadian development expense; ( frais cumulatifs d’aménagement au Canada )
Income Tax Act — I-3.3 (a)
reaccelerated Canadian development expense , of a taxpayer, means any cost or expense incurred by the taxpayer during a taxation year if the cost or expense (a) qualifies as a Canadian development expense at the time it is incurred, other than (i) an expense in respect of which the taxpayer is a successor, within the meaning of subsection 66.7(4), and (ii) a cost in respect of a Canadian resource property acquired by the taxpayer, or a partnership in which the taxpayer is a member, from a person or partnership with which the taxpayer does not deal at arm’s length, (b) is incurred after 2024 and before 2034, other than expenses deemed to have been incurred on December 31, 2033 because of subsection 66(12.66), and (c) if the Canadian development expense is deemed to be a Canadian development expense incurred by the taxpayer because of paragraph 66(12.63)(a), is an amount renounced under an agreement entered into after 2024. ( frais d’aménagement au Canada réaccélérés )
Income Tax Act — I-3.3 (a)
adjusted cumulative foreign resource expense of a taxpayer, in respect of a country, at the end of a taxation year means the total of (a) the cumulative foreign resource expense of the taxpayer, in respect of that country, at the end of the year; and (b) the amount, if any, by which (i) the total determined under paragraph 66.7(13.2)(a) in respect of that country and the taxpayer for the year exceeds (ii) the amount that would, but for paragraph (3)(c), be determined under subsection (3) in respect of that country and the taxpayer for the year. ( frais cumulatifs rajustés relatifs à des ressources à l’étranger )
Income Tax Act — I-3.3 (a)
the amount otherwise determined under this description; G is the total of all amounts, in respect of that country, each of which is an amount included in the amount determined under this description by reason of subsection 66(12.41) that became receivable by the taxpayer before the particular time and at a resident time; H is the total of all amounts each of which is an amount received before the particular time and at a resident time on account of any amount referred to in the description of C; I is the total of all amounts each of which is an amount by which the cumulative foreign resource expense of the taxpayer, in respect of that country, is required, by reason of subsection 80(8), to be reduced at or before the particular time and at a resident time; and J is the total of all amounts each of which is an amount that is required to be deducted, before the particular time and at a resident time, under paragraph 66.7(13.1)(a) in computing the taxpayer’s cumulative foreign resource expense. ( frais cumulatifs relatifs à des ressources à l’étranger )
Income Tax Act — I-3.3 (a)
foreign resource expense of a taxpayer, in respect of a country other than Canada, means (a) any drilling or exploration expense, including any general geological or geophysical expense, incurred by the taxpayer on or in respect of exploring or drilling for petroleum or natural gas in that country, (b) any expense incurred by the taxpayer for the purpose of determining the existence, location, extent or quality of a mineral resource in that country, including any expense incurred in the course of (i) prospecting, (ii) carrying out geological, geophysical or geochemical surveys, (iii) drilling by rotary, diamond, percussion or other methods, or (iv) trenching, digging test pits and preliminary sampling, (c) the cost to the taxpayer of any of the taxpayer’s foreign resource property in respect of that country, (d) any annual payment made by the taxpayer for the preservation of a foreign resource property in respect of that country, and (e) subject to section 66.8, the taxpayer’s share of an expense, cost or payment referred to in any of paragraphs (a) to (d) that is made or incurred by a partnership in a fiscal period of the partnership that begins after 2000 if, at the end of that period, the taxpayer was a member of the partnership but does not include (f) an expenditure that is the cost, or any part of the cost, to the taxpayer of any depreciable property of a prescribed class, (g) an expenditure incurred at any time after the commencement of production from a foreign resource property of the taxpayer in order to evaluate the feasibility of a method of recovery of petroleum, natural gas or related hydrocarbons from the portion of a natural reservoir to which the foreign resource property relates, (h) an expenditure (other than a drilling expense) incurred at any time after the commencement of production from a foreign resource property of the taxpayer in order to assist in the recovery of petroleum, natural gas or related hydrocarbons from the portion of a natural reservoir to which the foreign resource property relates, (i) an expenditure, incurred at any time, that relates to the injection of any substance to assist in the recovery of petroleum, natural gas or related hydrocarbons from a natural reservoir, (j) an expenditure incurred by the taxpayer, unless the expenditure was made (i) for the acquisition of foreign resource property by the taxpayer, or (ii) for the purpose of (A) enhancing the value of foreign resource property that the taxpayer owned at the time the expenditure was incurred or that the taxpayer had a reasonable expectation of owning after that time, or (B) assisting in evaluating whether a foreign resource property is to be acquired by the taxpayer, or (k) the taxpayer’s share of any cost or expenditure referred to in any of paragraphs (f) to (j) that is incurred by a partnership. ( frais relatifs à des ressources à l’étranger )