GreatNorthCollective/greatnorth-canada-federal-laws-text huggingface dataset:
Income Tax Regulations — 219
219 (1) An issuer of a FHSA shall make an information return for each calendar year in prescribed form and manner in respect of the FHSA. (2) An issuer of a FHSA shall make an information return in prescribed form and manner in respect of any calendar year in which one or more of the following occurs: (a) the holder makes a contribution to the FHSA; (b) an amount has been transferred to the FHSA from an RRSP under which the holder is an annuitant; (c) an amount is required to be included in the income of a taxpayer under section 146.6 of the Act; (d) the holder makes a qualifying withdrawal from the FHSA; or (e) the holder designates an amount under the definition designated amount in subsection 207.01(1) of the Act. (3) An issuer of a FHSA that governs a trust shall notify the holder of the FHSA in prescribed form and manner before March of a calendar year if, at any time during the preceding calendar year, (a) the trust acquires or disposes of property that is a non-qualified investment (as defined in subsection 207.01(1) of the Act) for the trust; or (b) property held by the trust becomes or ceases to be a non-qualified investment (as defined in subsection 207.01(1) of the Act) for the trust. [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] 2022, c. 19, s. 76
Income Tax Regulations — 220
220 (1) Every person authorized to redeem Canada Savings Bonds (in this section referred to as the “redemption agent”) who pays an amount in respect of a Canada Savings Bond as a cash bonus that the Government of Canada has undertaken to pay (other than an amount of interest, bonus or principal agreed to be paid at the time of the issue of the bond under the terms of the bond) shall make an information return in prescribed form in respect of such payment. (2) Every redemption agent required by subsection (1) to make an information return shall (a) issue to the payee, at the time the cash bonus is paid, two copies of the portion of the return relating to him; and (b) file the return with the Minister on or before the 15th day of the month following the month in which the cash bonus was paid. [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] SOR/88-165, s. 31(F)
Income Tax Regulations — 221
221 (1) In this section, reporting person means (a) a mutual fund corporation; (b) an investment corporation; (c) a mutual fund trust; (d) and (e) [Repealed, SOR/2005-264, s. 4] (f) a trust that would be a mutual fund trust if Part XLVIII were read without reference to paragraph 4801(b); or (g) [Repealed, SOR/2005-264, s. 4] (h) a small business investment trust (within the meaning assigned by subsection 5103(1)). (i) [Repealed, SOR/2005-264, s. 4] (2) Where in any taxation year a reporting person (other than a registered investment) claims that a share of its capital stock issued by it, or an interest as a beneficiary under it, is a qualified investment under section 146, 146.1, 146.3, 146.4, 204 or 207.01 of the Act, the reporting person shall, in respect of the year and within 90 days after the end of the year, make an information return in prescribed form. (3) [Repealed, SOR/2005-264, s. 4] [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] SOR/85-160, s. 2; SOR/88-165, s. 31(F); SOR/94-686, s. 79(F); SOR/2000-62, s. 1; SOR/2001-216, s. 1; SOR/2005-264, s. 4; 2007, c. 35, s. 125; 2009, c. 2, s. 88; SOR/2010-93, s. 6(E); 2017, c. 33, s. 83
Income Tax Regulations — 222
222 The issuer of a RDSP, or the promoter of a RESP, that governs a trust shall notify the holders of the RDSP, or subscribers of the RESP, in prescribed form and manner before March of a calendar year if, at any time during the preceding calendar year, (a) the trust acquires or disposes of property that is a not a qualified investment for the trust; or (b) property held by the trust becomes or ceases to be a qualified investment for the trust. [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] SOR/2000-62, s. 1; 2017, c. 33, s. 84
Income Tax Regulations — 223
223 (1) An issuer of a TFSA shall make an information return for each calendar year in prescribed form in respect of the TFSA. (2) An issuer of a TFSA who makes a payment of an amount that is required because of paragraph 146.2(9)(b) of the Act to be included in computing the income of a taxpayer for a taxation year shall make an information return in prescribed form. (3) An issuer of a TFSA that governs a trust shall notify the holder of the TFSA in prescribed form and manner before March of a calendar year if, at any time during the preceding calendar year, (a) the trust acquires or disposes of property that is a non-qualified investment for the trust; or (b) property held by the trust becomes or ceases to be a non-qualified investment for the trust. [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] SOR/83-866, s. 6; SOR/86-522, s. 2; SOR/88-165, s. 31(F); 2009, c. 2, s. 89
Income Tax Regulations — 224
224 Where an amount has been paid to a person pursuant to a program prescribed for the purposes of paragraphs 12(1)(u), 56(1)(s) and 212(1)(s) of the Act, the payor shall (a) make an information return in prescribed form in respect of such payment; and (b) forward to the person at his latest known address on or before the date the return is required to be filed with the Minister two copies of the portion of the return relating to that person. [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] SOR/78-348, s. 1; SOR/81-936, s. 4; SOR/88-165, s. 31(F)
Income Tax Regulations — 225
225 (1) Where principal photography or taping of a film or tape (within the meanings assigned by subsection 1100(21)) has occurred during a year or has been completed within 60 days after the end of the year, the producer of the film or tape or production company that produced the film or tape, or an agent of the producer or production company, shall (a) make an information return in prescribed form in respect of any person who owns an interest in the film or tape at the end of the year; and (b) forward to the person referred to in paragraph (a) at his latest known address on or before the date the return is required to be filed with the Minister two copies of the portion of the return relating to that person. (2) The return required under this section shall be filed on or before March 31st and shall be in respect of the preceding calendar year. [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] SOR/82-182, s. 1; SOR/88-165, s. 31(F)
Income Tax Regulations — 226
226 (1) In this section, administrator has the meaning assigned by paragraph 47.1(1)(a) of the Act; ( administrateur ) designated security means a security issued or granted by a corporation in respect of which the corporation has designated an amount pursuant to subsection 194(4) of the Act; ( titre désigné ) first purchaser in relation to a designated security, means the first person (other than a trader or dealer in securities) to be the registered holder of the designated security; ( premier acheteur ) security means (a) a share of the capital stock of a corporation, (b) a debt obligation issued by a corporation, or (c) a right granted by a corporation under a scientific research financing contract; ( titre ) trader or dealer in securities has the meaning assigned by paragraph 47.1(1)(l) of the Act. ( négociant ou courtier en valeurs ) (2) Each corporation that has designated an amount under subsection 194(4) of the Act in respect of a security issued or granted by it shall make an information return in prescribed form in respect of each such security. (3) Each trader or dealer in securities who has acquired and disposed of a designated security during the course of the primary distribution thereof pursuant to a public offering shall make an information return in prescribed form in respect of each such designated security. (4) Each bank, credit union and trust company that, as agent, acquired a designated security for the first purchaser thereof shall make an information return in prescribed form in respect of each such designated security. (5) Each trader or dealer in securities who, as administrator of an indexed security investment plan, acquired a designated security for the first purchaser thereof shall make an information return in prescribed form in respect of each such designated security. (6) Notwithstanting subsection 205(1), any return required to be made (a) under subsection (2), in respect of a security issued by a corporation before March 1, 1984, (b) under subsection (3), in respect of a designated security disposed of as described in subsection (3) before March 1, 1984, or (c) under subsection (4) or (5), in respect of a designated security acquired as described in subsection (4) or (5), as the case may be, before March 1, 1984, shall be filed on or before March 31, 1984. [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] SOR/85-160, s. 3; SOR/88-165, s. 31(F); SOR/94-686, ss. 52(F), 79(F)
Income Tax Regulations — Income Tax Regulations
administrator has the meaning assigned by paragraph 47.1(1)(a) of the Act; ( administrateur )
Income Tax Regulations — Income Tax Regulations
designated security means a security issued or granted by a corporation in respect of which the corporation has designated an amount pursuant to subsection 194(4) of the Act; ( titre désigné )
Income Tax Regulations — Income Tax Regulations
first purchaser in relation to a designated security, means the first person (other than a trader or dealer in securities) to be the registered holder of the designated security; ( premier acheteur )
Income Tax Regulations — (a)
security means (a) a share of the capital stock of a corporation, (b) a debt obligation issued by a corporation, or (c) a right granted by a corporation under a scientific research financing contract; ( titre )
Income Tax Regulations — Income Tax Regulations
trader or dealer in securities has the meaning assigned by paragraph 47.1(1)(l) of the Act. ( négociant ou courtier en valeurs )
Income Tax Regulations — 227
227 (1) In this section, administrator has the meaning assigned by paragraph 47.1(1)(a) of the Act; ( administrateur ) designated share means a share of the capital stock of a corporation in respect of which the corporation has designated an amount pursuant to subsection 192(4) of the Act; ( action désignée ) first purchaser , in relation to a designated share, means the first person (other than a trader or dealer in securities) to be the registered holder of the share; ( premier acheteur ) trader or dealer in securities has the meaning assigned by paragraph 47.1(1)(l) of the Act. ( négociant ou courtier en valeurs ) (2) Each corporation that has designated an amount under subsection 192(4) of the Act in respect of a share issued by it shall make an information return in prescribed form in respect of each such share. (3) Each trader or dealer in securities who has acquired and disposed of a designated share during the course of the primary distribution thereof pursuant to a public offering shall make an information return in prescribed form in respect of each such designated share. (4) Each bank, credit union and trust company that, as agent, acquired a designated share for the first purchaser thereof shall make an information return in prescribed form in respect of each such designated share. (5) Each trader or dealer in securities who, as administrator of an indexed security investment plan, acquired a designated share for the first purchaser thereof shall make an information return in prescribed form in respect of each such designated share. [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] SOR/85-160, s. 3; SOR/88-165, s. 31(F); SOR/94-686, ss. 52(F), 79(F)
Income Tax Regulations — Income Tax Regulations
designated share means a share of the capital stock of a corporation in respect of which the corporation has designated an amount pursuant to subsection 192(4) of the Act; ( action désignée )
Income Tax Regulations — Income Tax Regulations
first purchaser , in relation to a designated share, means the first person (other than a trader or dealer in securities) to be the registered holder of the share; ( premier acheteur )
Income Tax Regulations — 228
228 (1) Each corporation that has renounced an amount under subsection 66(12.6), (12.601), (12.62) or (12.64) of the Act to a person shall make an information return in prescribed form in respect of the amount renounced. (2) The return required under subsection (1) shall be filed with the Minister together with the prescribed form required to be filed under subsection 66(12.7) of the Act in respect of the amount renounced. [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] SOR/87-512, s. 2; SOR/94-686, s. 79(F); SOR/96-199, s. 1
Income Tax Regulations — 229.1
229.1 (1) The definitions in this subsection apply in this section. public investment partnership , at any time, means a public partnership all or substantially all of the fair market value of the property of which is, at that time, attributable to the fair market value of property of the partnership that is (a) units of public trusts (as defined in subsection 204.1(1)); (b) partnership interests in public partnerships; (c) shares of the capital stock of public corporations; or (d) any combination of properties referred to in paragraphs (a) to (c). ( société de personnes de placement ouverte ) public partnership , at any time, means a partnership the partnership interests in which are, at that time, listed on a designated stock exchange in Canada if, at that time, the partnership carries on a business in Canada or is a Canadian partnership. ( société de personnes ouverte ) Required Information Disclosure (2) Every member of a partnership that is, at any time in a fiscal period of the partnership, a public partnership shall, within the time required by subsection (3), (a) make public, in prescribed form, information in respect of the public partnership for the fiscal period by posting the prescribed form, in a manner that is accessible to the general public, on the Internet website of CDS Innovations Inc.; and (b) notify the Minister in writing as to when the posting of the prescribed form, as required by paragraph (a), has been made. Required Disclosure Time (3) The time required for the members of a public partnership to satisfy the requirements of subsection (2) in respect of the public partnership for a fiscal period of the public partnership is (a) subject to paragraph (b), on or before the day that is the earlier of (i) 60 days after the end of the calendar year in which the fiscal period ends, and (ii) four months after the end of the fiscal period; and (b) where the public partnership is, at any time in the fiscal period, a public investment partnership, on or before the day that is 67 days after the end of the calendar year in which the fiscal period ends. Obligation Fulfilled by One Partner Deemed Fulfilled by All (4) Every member of a partnership that is required to satisfy the requirements of subsection (2) in respect of the partnership for a fiscal period of the partnership will be deemed to have satisfied those requirements if a particular member of the partnership, who has authority to act for the partnership, has satisfied those requirements in respect of the partnership for the fiscal period. [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] 2007, c. 35, s. 73
Income Tax Regulations — (a)
public investment partnership , at any time, means a public partnership all or substantially all of the fair market value of the property of which is, at that time, attributable to the fair market value of property of the partnership that is (a) units of public trusts (as defined in subsection 204.1(1)); (b) partnership interests in public partnerships; (c) shares of the capital stock of public corporations; or (d) any combination of properties referred to in paragraphs (a) to (c). ( société de personnes de placement ouverte )
Income Tax Regulations — Income Tax Regulations
public partnership , at any time, means a partnership the partnership interests in which are, at that time, listed on a designated stock exchange in Canada if, at that time, the partnership carries on a business in Canada or is a Canadian partnership. ( société de personnes ouverte )
Income Tax Regulations — 230
r sells precious metals in bulk or in commercial quantities; (d) a sale of securities by a trader or dealer in securities on behalf of a person who is exempt from tax under Part I of the Act; or (e) a redemption by the issuer or an agent of the issuer of a debt obligation where (i) the debt obligation was issued for its principal amount, (ii) the redemption satisfies all of the issuer’s obligations in respect of the debt obligation, (iii) each person with an interest in the debt obligation is entitled in respect thereof to a proportion of all payments of principal equal to the proportion to which the person is entitled of all payments other than principal, and (iv) an information return is required under another section of this Part to be made as a result of the redemption in respect of each person with an interest in the debt obligation. [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] SOR/89-519, s. 2; SOR/94-686, ss. 54(F), 78(F), 79(F); SOR/2003-5, s. 9; 2016, c. 12, s. 75
Income Tax Regulations — (a)
publicly traded means, with respect to any security, (a) a security that is listed or posted for trading on a stock exchange, commodity exchange, futures exchange or any other exchange, or (b) a security in respect of the sale and distribution of which a prospectus, registration statement or similar document has been filed with a public authority; ( négocié sur le marché )
Income Tax Regulations — Income Tax Regulations
sale includes the granting of an option and a short sale; ( vente )
Income Tax Regulations — (a)
security means (a) a publicly traded share of the capital stock of a corporation, (b) a publicly traded debt obligation, (c) a debt obligation of or guaranteed by (i) the Government of Canada, (ii) the government of a province or an agent thereof, (iii) a municipality in Canada, (iv) a municipal or public body performing a function of government in Canada, or (v) the government of a foreign country or of a political subdivision of a foreign country or a local authority of such a government, (c.1) a debt obligation that is, at any time, described in paragraph 7000(1)(d), (d) a publicly traded interest in a trust, (e) a publicly traded interest in a partnership, (f) an option or contract in respect of any property described in any of paragraphs (a) to (e), or (g) a publicly traded option or contract in respect of any property including any commodity, financial futures, foreign currency or precious metal or in respect of any index relating to any property; ( titre )
Income Tax Regulations — (a)
trader or dealer in securities means (a) a person who is registered or licensed under the laws of a province to trade in securities, or (b) a person who in the ordinary course of business makes sales of securities as agent on behalf of others. ( négociant ou courtier en valeurs )
Income Tax Regulations — 231
231 [Repealed, SOR/2011-188, s. 5] [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] SOR/89-519, s. 2; SOR/92-51, s. 8; SOR/2000-248, s. 1; SOR/2001-295, s. 1(E); SOR/2003-5, s. 10; SOR/2011-188, s. 5
Income Tax Regulations — 232
232 (1) Every person who pays an amount in respect of compensation described in subparagraph 110(1)(f)(ii) of the Act shall make an information return in prescribed form in respect of that payment. (2) Where a worker’s compensation board, or a similar body, adjudicates a claim for compensation described in subparagraph 110(1)(f)(ii) of the Act and stipulates the amount of the award, that board or body shall make an information return in prescribed form in respect of the amount of the award. (3) A return required under this section must be filed on or before the last day of February of each year and shall be in respect of (a) the preceding calendar year, if the return is required under subsection (1); and (b) the amount of the award that pertains to the preceding calendar year, if the return is required under subsection (2). (4) Subsections (1) and (2) are not applicable in respect of a payment or an award in respect of (a) medical expenses incurred by or on behalf of the employee; (b) funeral expenses in respect of the employee; (c) legal expenses in respect of the employee; (d) job training or counselling of the employee; or (e) the death of the employee, other than periodic payments made after the death of the employee. [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] SOR/92-455, s. 2
Income Tax Regulations — 233
233 (1) Every person who makes a payment described in paragraph 56(1)(u) of the Act shall make an information return in prescribed form in respect of the payment. (2) Subsection (1) is not applicable in respect of a payment that (a) is in respect of medical expenses incurred by or on behalf of the payee; (b) is in respect of child care expenses, as defined in subsection 63(3) of the Act, incurred by or on behalf of the payee or a person related to the payee; (c) is in respect of funeral expenses in respect of a person related to the payee; (d) is in respect of legal expenses incurred by or on behalf of the payee or a person related to the payee; (e) is in respect of job training or counselling of the payee or a person related to the payee; (f) is paid in a particular year as a part of a series of payments, the total of which in the particular year does not exceed $500; or (g) is not a part of a series of payments. [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] SOR/92-455, s. 2; SOR/2010-93, s. 7
Income Tax Regulations — 234
234 (1) Every government, municipality or municipal or other public body (in sections 235 and 236 referred to as the “government payer”) or producer organization or association that makes a payment of an amount that is a farm support payment (other than an amount paid out of a net income stabilization account) to a person or partnership shall make an information return in prescribed form in respect of the amount. (2) For the purposes of subsection (1) farm support payment includes (a) a payment that is computed with respect to an area of farm land; (b) a payment that is made in respect of a unit of farm commodity grown or disposed of or a farm animal raised or disposed of; and (c) a rebate of, or compensation for, all or a portion of (i) a cost or capital cost incurred in respect of farming, or (ii) unsowed or unplanted land or crops, or destroyed crops, farm animals or other farm output. [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] SOR/93-527, s. 4; SOR/94-686, s. 78(F)
Income Tax Regulations — 235
235 Every corporation or trust for which an information return is required to be made under these Regulations by a government payer or by a producer organization or association shall provide its legal name, address and income tax identification number to the government payer or the producer organization or association, as the case may be. [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] SOR/93-527, s. 4; SOR/94-686, s. 79(F)