Income Tax Act — I-3.3 146
n Canada from (i) the duties of an office or employment performed by the taxpayer in Canada, determined without reference to paragraphs 8(1)(c), 8(1)(m) and 8(1)(m.2), or (ii) a business carried on by the taxpayer in Canada, either alone or as a partner actively engaged in the business except to the extent that the income is exempt from income tax in Canada by reason of a provision contained in a tax convention or agreement with another country that has the force of law in Canada, or (d) in the case of a taxpayer described in subsection 115(2), the total that would be determined under paragraph 115(2)(e) in respect of the taxpayer for the year if (i) that paragraph were read without reference to subparagraph 115(2)(e)(iv), and (ii) subparagraph 115(2)(e)(ii) were read without any reference therein to paragraph 56(1)(n), except any part thereof included in the total determined under this definition by reason of paragraph (c) or exempt from income tax in Canada by reason of a provision contained in a tax convention or agreement with another country that has the force of law in Canada, exceeds the total of all amounts each of which is (e) the taxpayer’s loss for a period in the year throughout which the taxpayer was resident in Canada from (i) a business carried on by the taxpayer, either alone or as a partner actively engaged in the business, or (ii) property, where the loss is sustained from the rental of real or immovable property, (f) an amount deductible under paragraph 60(b), or deducted under paragraph 60(c.2), in computing the taxpayer’s income for the year, or (g) the taxpayer’s loss for a period in the year throughout which the taxpayer was not resident in Canada from a business carried on by the taxpayer in Canada, either alone or as a partner actively engaged in the business, (h) [Repealed, 2016, c. 12, s. 52] and, for the purposes of this definition, the income or loss of a taxpayer for any period in a taxation year is the taxpayer’s income or loss computed as though that period were the whole taxation year; ( revenu gagné ) issuer means the person referred to in the definition retirement savings plan in this subsection with whom an annuitant has a contract or arrangement that is a retirement savings plan; ( émetteur ) maturity means the date fixed under a retirement savings plan for the commencement of any retirement income the payment of which is provided for by the plan; ( échéance ) net past service pension adjustment of a taxpayer for a taxation year means the positive or negative amount determined by the formula P + Q - G where P is the total of all amounts each of which is the taxpayer’s past service pension adjustment for the year in respect of an employer, Q is the total of all amounts each of which is the amount of a contribution made under subsection 147.1(20), or deemed by prescribed rules to have been made, in respect of the taxpayer for the immediately preceding year, and G is the amount of the taxpayer’s PSPA withdrawals for the year, determined as of the end of the year in accordance with prescribed rules; ( facteur d’équivalence pour services passés net ) non-qualified investment has the same meaning as in subsection 207.01(1); ( placement non admissible ) premium means any periodic or other amount paid or payable under a retirement savings plan (a) as consideration for any contract referred to in paragraph (a) of the definition retirement savings plan to pay a retirement income, or (b) as a contribution or deposit referred to in paragraph (b) of that definition for the purpose stated in that paragraph but except for the purposes of paragraph (b) of the definition benefit in this subsection, paragraph (2)(b.3), subsection (22) and the definition excluded premium in subsection 146.02(1), does not include a repayment to which paragraph (b) or (d) of the definition excluded withdrawal in subsection 146.01(1), or paragraph (b) of the definition excluded withdrawal in subsection 146.02(1), applies or an a