I-3 - Taxation Act

Section 1029.8.66.2 Disposition versions

2017-02-08

1029.8.66.2. An individual who is resident in Québec at the end of 31 December of a taxation year is deemed to have paid to the Minister, on the individual’s balance-due day for that taxation year, on account of the individual’s tax payable under this Part for that taxation year, an amount equal to the aggregate of

(a)  the lesser of $10,000 and 50% of the individual’s pre-existing expenses which the individual paid in the year; and

(b)  the amount determined by the formula

A × (B − C).

In the formula in the first paragraph,

(a)  A is the appropriate percentage determined in section 1029.8.66.5.1 or 1029.8.66.5.2, as the case may be, in respect of the individual for the year;

(b)  B is the lesser of $20,000 and the individual’s eligible expenses which the individual paid in the year; and

(c)  C is the individual’s pre-existing expenses which the individual paid in the year.

For the purposes of this section, an individual who is resident in Québec immediately before the individual’s death is deemed to be resident in Québec at the end of 31 December of the year of the individual’s death.

2001, c. 51, s. 194; 2002, c. 9, s. 119; 2009, c. 15, s. 328; 2011, c. 6, s. 197; 2017, c. 1, s. 307.

2011-06-06

1029.8.66.2. An individual who is resident in Québec at the end of 31 December of a year is deemed to have paid to the Minister, on the individual’s balance-due day for the individual’s taxation year the end of which coincides with that date, on account of the individual’s tax payable under this Part for that taxation year, an amount, for the year, equal to the lesser of $10,000 and 50% of the aggregate of the individual’s eligible expenses that, in the year, are paid by the individual or by the person who is the individual’s spouse at the time of payment.

For the purposes of this section, an individual who is resident in Québec immediately before the individual’s death is deemed to be resident in Québec at the end of 31 December of the year of the individual’s death.

2001, c. 51, s. 194; 2002, c. 9, s. 119; 2009, c. 15, s. 328; 2011, c. 6, s. 197.

2009-06-04

1029.8.66.2. An individual who is resident in Québec at the end of 31 December of a year is deemed to have paid to the Minister, on the individual’s balance-due day for the individual’s taxation year the end of which coincides with that date, on account of the individual’s tax payable pursuant to this Part for that taxation year, an amount, for the year, equal to the lesser of $10,000 and 50% of the aggregate of the eligible expenses paid in the year by the individual and the person who is the individual’s spouse at the time of payment.

For the purposes of this section, an individual who is resident in Québec immediately before the individual’s death is deemed to be resident in Québec at the end of 31 December of the year of the individual’s death.

2001, c. 51, s. 194; 2002, c. 9, s. 119; 2009, c. 15, s. 328.

2006-03-01

1029.8.66.2. An individual who is resident in Québec at the end of 31 December of a year is deemed to have paid to the Minister, on the individual’s balance-due day for the individual’s taxation year the end of which coincides with that date, on account of the individual’s tax payable pursuant to this Part for that taxation year, an amount, for the year, equal to the lesser of $6,000 and 30% of the aggregate of the eligible expenses paid in the year by the individual and the person who is the individual’s spouse at the time of payment.

For the purposes of this section, an individual who is resident in Québec immediately before the individual’s death is deemed to be resident in Québec at the end of 31 December of the year of the individual’s death.

2001, c. 51, s. 194; 2002, c. 9, s. 119.