I-3 - Taxation Act

Section 1159.1 Disposition versions

2021-06-02

1159.1. In this Part, unless the context indicates otherwise,

“amount paid as wages” means the aggregate of all amounts each of which is wages paid by a financial institution to an employee who reports for work at its establishment in Québec, that it is deemed to pay to the employee or that it pays in respect of the employee, or to an employee to whom those wages, if the employee is not required to report for work at an establishment of the financial institution, are paid, deemed to be paid or paid in respect of the employee from such an establishment in Québec;

“bank” means a bank, within the meaning of section 1, that has an establishment in Québec in a taxation year;

“base wages” means the aggregate of all amounts each of which is an amount paid by a person, in respect of an individual, to a trustee or custodian under a profit sharing plan, an employee trust or an employee benefit plan, within the meaning assigned to those expressions by section 1, and

(a)  any amount, other than an amount described in section 1159.1.0.1, that is paid, allocated, granted or awarded by the person and that is included under Chapters I and II of Title II of Book III of Part I, except the second paragraph of section 39.6 and section 58.0.1, as it read before being repealed, in computing the individual’s income from an office or employment or that would be included in computing that income if the individual were subject to tax under Part I; and

(b)  any amount that the person is deemed to pay to the individual under section 1019.7 or 1159.1.0.2;

“corporation trading in securities” means a corporation that is a registered securities dealer within the meaning of section 1 and that has an establishment in Québec in a taxation year;

“employee” has the meaning assigned by section 1;

“establishment” has the meaning assigned by section 1;

“financial institution” means a financial institution referred to in paragraph a of subsection 1 of section 149 of the Excise Tax Act (R.S.C. 1985, c. E-15), with the exception of

(a)  a corporation established under the Canada Deposit Insurance Corporation Act (R.S.C. 1985, c. C-3),

(b)  a State body or corporation mentioned in Schedules A and B to the Reciprocal Taxation Memorandum of Agreement/Canada-Québec entered into on 21 December 1990, and

(c)  a body or corporation of Her Majesty in right of Canada that is not mentioned in Schedule I to the Federal-Provincial Fiscal Arrangements Act (R.S.C. 1985, c. F-8);

“financial service” has the meaning assigned by section 123 of the Excise Tax Act;

“independent corporation trading in securities” means a corporation trading in securities that, in a taxation year, is not associated, within the meaning of Part I, with a bank, a credit union or an insurance corporation;

“independent loan corporation” means a loan corporation that, in a taxation year, is not associated, within the meaning of Part I, with a bank, a credit union or an insurance corporation;

“independent trust corporation” means a trust corporation that, in a taxation year, is not associated, within the meaning of Part I, with a bank, a credit union or an insurance corporation;

“insurance corporation” means an insurance corporation within the meaning of section 1166 that is liable to pay tax under Part VI;

“legal representative” has the meaning assigned by section 1;

“loan corporation” means a corporation that has an establishment in Québec in a taxation year and that is

(a)  a corporation, other than a trust corporation, authorized by the legislation of Canada or of a province to accept deposits from the public;

(b)  a corporation all or substantially all of the assets of which are shares or debts of corporations referred to in Title II of Book III of Part IV to which it is related for the purposes of that Part; or

(c)  a corporation recognized by the Minister in accordance with section 1143.1 and whose recognition is in force;

“maximum amount subject to tax” of a person for a taxation year means, subject to sections 1159.1.0.0.1 and 1159.1.0.0.2,

(a)  in the case of a bank, a loan corporation (other than an independent loan corporation), a trust corporation (other than an independent trust corporation) or a corporation trading in securities (other than an independent corporation trading in securities), $1,100,000,000;

(b)  in the case of a savings and credit union, $550,000,000;

(b.1)  in the case of an independent loan corporation, an independent trust corporation or an independent corporation trading in securities,

i.  where the year begins after 31 March 2020, $275,000,000, and

ii.  where the year ends after 31 March 2020 and includes that date,

(1)  for the purposes of subparagraph i of subparagraph a.1 of the first paragraph of section 1159.3, enacted by subparagraph a.1 of the first paragraph of section 1159.3.3.3, the product obtained by multiplying $275,000,000 by the proportion that the number of days in the year that follow 31 March 2020 is of 365, and

(2)  for the purposes of subparagraphs ii and iii of subparagraph a.1 of the first paragraph of section 1159.3, enacted by subparagraph a.1 of the first paragraph of section 1159.3.3.3, the product obtained by multiplying $1,100,000,000 by the proportion that the number of days in the year that precede 1 April 2020 is of 365; and

(c)  in the case of a person who is referred to in neither paragraph b.1 nor any of subparagraphs a to d.1 of the first paragraph of section 1159.3 and who made, with a person referred to in any of those subparagraphs a to d.1, an election under subsection 1 of section 150 of the Excise Tax Act that is in effect in the year, $275,000,000;

“person” has the meaning assigned by section 123 of the Excise Tax Act;

“professional order” has the meaning assigned by section 1 of the Professional Code (chapter C-26);

“savings and credit union” has the meaning assigned by section 797;

“supply” has the meaning assigned by section 123 of the Excise Tax Act;

“taxation year” has the meaning assigned by Part I and, in the case of a person other than a person within the meaning of Part I, means a calendar year;

“trust corporation” means a corporation that is authorized under the legislation of Canada or of a province to provide trustee services and that has an establishment in Québec in a taxation year;

“wages” means base wages, except wages paid by a financial institution to a person who is, within the meaning of an agreement on social security that provides for the reciprocal coverage of health insurance plans, entered into between the Gouvernement du Québec and the government of a foreign country, a worker on secondment, for the period in which the person is such a seconded worker, if under the agreement the person is subject only to the legislation of the foreign country to which the reciprocal coverage applies.

1993, c. 19, s. 148; 1995, c. 63, s. 253; 1997, c. 3, s. 67; 1997, c. 14, s. 290; 1998, c. 16, s. 247; 1999, c. 89, s. 53; 2000, c. 5, s. 292; 2002, c. 40, s. 322; 2005, c. 38, s. 329; 2007, c. 12, s. 304; 2011, c. 1, s. 109; 2011, c. 34, s. 118; 2012, c. 8, s. 250; 2013, c. 10, s. 174; 2015, c. 21, s. 528; 2019, c. 14, s. 455; 2021, c. 14, s. 193.

2019-06-19

1159.1. In this Part, unless the context indicates otherwise,

“amount paid as wages” means the aggregate of all amounts each of which is wages paid by a financial institution to an employee who reports for work at its establishment in Québec, that it is deemed to pay to the employee or that it pays in respect of the employee, or to an employee to whom those wages, if the employee is not required to report for work at an establishment of the financial institution, are paid, deemed to be paid or paid in respect of the employee from such an establishment in Québec;

“bank” means a bank, within the meaning of section 1, that has an establishment in Québec in a taxation year;

“base wages” means the aggregate of all amounts each of which is an amount paid by a person, in respect of an individual, to a trustee or custodian under a profit sharing plan, an employee trust or an employee benefit plan, within the meaning assigned to those expressions by section 1, and

(a)  any amount, other than an amount described in section 1159.1.0.1, that is paid, allocated, granted or awarded by the person and that is included under Chapters I and II of Title II of Book III of Part I, except the second paragraph of section 39.6 and section 58.0.1, as it read before being repealed, in computing the individual’s income from an office or employment or that would be included in computing that income if the individual were subject to tax under Part I; and

(b)  any amount that the person is deemed to pay to the individual under section 1019.7 or 1159.1.0.2;

“corporation trading in securities” means a corporation that is a registered securities dealer within the meaning of section 1 and that has an establishment in Québec in a taxation year;

“employee” has the meaning assigned by section 1;

“establishment” has the meaning assigned by section 1;

“financial institution” means a financial institution referred to in paragraph a of subsection 1 of section 149 of the Excise Tax Act (R.S.C. 1985, c. E-15), with the exception of

(a)  a corporation established under the Canada Deposit Insurance Corporation Act (R.S.C. 1985, c. C-3),

(b)  a State body or corporation mentioned in Schedules A and B to the Reciprocal Taxation Memorandum of Agreement/Canada-Québec entered into on 21 December 1990, and

(c)  a body or corporation of Her Majesty in right of Canada that is not mentioned in Schedule I to the Federal-Provincial Fiscal Arrangements Act (R.S.C. 1985, c. F-8);

“financial service” has the meaning assigned by section 123 of the Excise Tax Act;

“insurance corporation” means an insurance corporation within the meaning of section 1166 that is liable to pay tax under Part VI;

“legal representative” has the meaning assigned by section 1;

“loan corporation” means a corporation that has an establishment in Québec in a taxation year and that is

(a)  a corporation, other than a trust corporation, authorized by the legislation of Canada or of a province to accept deposits from the public;

(b)  a corporation all or substantially all of the assets of which are shares or debts of corporations referred to in Title II of Book III of Part IV to which it is related for the purposes of that Part; or

(c)  a corporation recognized by the Minister in accordance with section 1143.1 and whose recognition is in force;

“maximum amount subject to tax” of a person for a taxation year means, subject to sections 1159.1.0.0.1 and 1159.1.0.0.2,

(a)  in the case of a bank, a loan corporation, a trust corporation or a corporation trading in securities, $1,100,000,000;

(b)  in the case of a savings and credit union, $550,000,000; and

(c)  in the case of a person who is not referred to in any of subparagraphs a to d.1 of the first paragraph of section 1159.3 and who made, with a person referred to in any of those subparagraphs, an election under subsection 1 of section 150 of the Excise Tax Act that is in effect in the year, $275,000,000;

“person” has the meaning assigned by section 123 of the Excise Tax Act;

“professional order” has the meaning assigned by section 1 of the Professional Code (chapter C-26);

“savings and credit union” has the meaning assigned by section 797;

“supply” has the meaning assigned by section 123 of the Excise Tax Act;

“taxation year” has the meaning assigned by Part I and, in the case of a person other than a person within the meaning of Part I, means a calendar year;

“trust corporation” means a corporation that is authorized under the legislation of Canada or of a province to provide trustee services and that has an establishment in Québec in a taxation year;

“wages” means base wages, except wages paid by a financial institution to a person who is, within the meaning of an agreement on social security that provides for the reciprocal coverage of health insurance plans, entered into between the Gouvernement du Québec and the government of a foreign country, a worker on secondment, for the period in which the person is such a seconded worker, if under the agreement the person is subject only to the legislation of the foreign country to which the reciprocal coverage applies.

1993, c. 19, s. 148; 1995, c. 63, s. 253; 1997, c. 3, s. 67; 1997, c. 14, s. 290; 1998, c. 16, s. 247; 1999, c. 89, s. 53; 2000, c. 5, s. 292; 2002, c. 40, s. 322; 2005, c. 38, s. 329; 2007, c. 12, s. 304; 2011, c. 1, s. 109; 2011, c. 34, s. 118; 2012, c. 8, s. 250; 2013, c. 10, s. 174; 2015, c. 21, s. 528; 2019, c. 14, s. 455.

2015-10-21

1159.1. In this Part, unless the context indicates otherwise,

“amount paid as wages” means wages paid by a financial institution to its employee who reports for work at its establishment in Québec, that it is deemed to pay to its employee or that it pays in respect of its employee, or to its employee to whom those wages, if the employee is not required to report for work at an establishment of the financial institution, are paid, deemed to be paid or paid in respect of the employee from such an establishment in Québec;

“bank” means a bank, within the meaning of section 1, that has an establishment in Québec in a taxation year;

“base wages” means the aggregate of all amounts each of which is an amount paid by a person, in respect of an individual, to a trustee or custodian under a profit sharing plan, an employee trust or an employee benefit plan, within the meaning assigned to those expressions by section 1, and

(a)  any amount, other than an amount described in section 1159.1.0.1, that is paid, allocated, granted or awarded by the person and that is included under Chapters I and II of Title II of Book III of Part I, except the second paragraph of section 39.6 and section 58.0.1, as it read before being repealed, in computing the individual’s income from an office or employment or that would be included in computing that income if the individual were subject to tax under Part I; and

(b)  any amount that the person is deemed to pay to the individual under section 1019.7 or 1159.1.0.2;

“corporation trading in securities” means a corporation that is a registered securities dealer within the meaning of section 1 and that has an establishment in Québec in a taxation year;

“employee” has the meaning assigned by section 1;

“establishment” has the meaning assigned by section 1;

“financial institution” means a financial institution referred to in paragraph a of subsection 1 of section 149 of the Excise Tax Act (R.S.C. 1985, c. E-15), with the exception of

(a)  a corporation established under the Canada Deposit Insurance Corporation Act (R.S.C. 1985, c. C-3),

(b)  a State body or corporation mentioned in Schedules A and B to the Reciprocal Taxation Memorandum of Agreement/Canada-Québec entered into on 21 December 1990, and

(c)  a body or corporation of Her Majesty in right of Canada that is not mentioned in Schedule I to the Federal-Provincial Fiscal Arrangements Act (R.S.C. 1985, c. F-8);

“financial service” has the meaning assigned by section 123 of the Excise Tax Act;

“insurance corporation” means an insurance corporation within the meaning of section 1166 that is liable to pay tax under Part VI;

“legal representative” has the meaning assigned by section 1;

“loan corporation” means a corporation that has an establishment in Québec in a taxation year and that is

(a)  a corporation, other than a trust corporation, authorized by the legislation of Canada or of a province to accept deposits from the public;

(b)  a corporation all or substantially all of the assets of which are shares or debts of corporations referred to in Title II of Book III of Part IV to which it is related for the purposes of that Part; or

(c)  a corporation recognized by the Minister in accordance with section 1143.1 and whose recognition is in force;

“person” has the meaning assigned by section 123 of the Excise Tax Act;

“professional order” has the meaning assigned by section 1 of the Professional Code (chapter C-26);

“savings and credit union” has the meaning assigned by section 797;

“supply” has the meaning assigned by section 123 of the Excise Tax Act;

“taxation year” has the meaning assigned by Part I and, in the case of a person other than a person within the meaning of Part I, means a calendar year;

“trust corporation” means a corporation that is authorized under the legislation of Canada or of a province to provide trustee services and that has an establishment in Québec in a taxation year;

“wages” means base wages, except wages paid by a financial institution to a person who is, within the meaning of an agreement on social security that provides for the reciprocal coverage of health insurance plans, entered into between the Gouvernement du Québec and the government of a foreign country, a worker on secondment, for the period in which the person is such a seconded worker, if under the agreement the person is subject only to the legislation of the foreign country to which the reciprocal coverage applies.

1993, c. 19, s. 148; 1995, c. 63, s. 253; 1997, c. 3, s. 67; 1997, c. 14, s. 290; 1998, c. 16, s. 247; 1999, c. 89, s. 53; 2000, c. 5, s. 292; 2002, c. 40, s. 322; 2005, c. 38, s. 329; 2007, c. 12, s. 304; 2011, c. 1, s. 109; 2011, c. 34, s. 118; 2012, c. 8, s. 250; 2013, c. 10, s. 174; 2015, c. 21, s. 528.

2013-06-05

1159.1. In this Part, unless the context indicates otherwise,

“amount paid as wages” means wages paid by a financial institution to its employee who reports for work at its establishment in Québec, that it is deemed to pay to its employee or that it pays in respect of its employee, or to its employee to whom those wages, if the employee is not required to report for work at an establishment of the financial institution, are paid, deemed to be paid or paid in respect of the employee from such an establishment in Québec;

“bank” means a bank, within the meaning of section 1, that has an establishment in Québec in a taxation year;

“base wages” means the aggregate of all amounts each of which is an amount paid by a person, in respect of an individual, to a trustee or custodian under a profit sharing plan, an employee trust or an employee benefit plan, within the meaning assigned to those expressions by section 1, and

(a)  any amount, other than an amount described in section 1159.1.0.1, that is paid, allocated, granted or awarded by the person and that is included under Chapters I and II of Title II of Book III of Part I, except the second paragraph of section 39.6 and section 58.0.1, as it read before being repealed, in computing the individual’s income from an office or employment or that would be included in computing that income if the individual were subject to tax under Part I; and

(b)  any amount that the person is deemed to pay to the individual under section 1019.7;

“corporation trading in securities” means a corporation that is a registered securities dealer within the meaning of section 1 and that has an establishment in Québec in a taxation year;

“employee” has the meaning assigned by section 1;

“establishment” has the meaning assigned by section 1;

“financial institution” means a financial institution referred to in paragraph a of subsection 1 of section 149 of the Excise Tax Act (R.S.C. 1985, c. E-15), with the exception of

(a)  a corporation established under the Canada Deposit Insurance Corporation Act (R.S.C. 1985, c. C-3),

(b)  a State body or corporation mentioned in Schedules A and B to the Reciprocal Taxation Memorandum of Agreement/Canada-Québec entered into on 21 December 1990, and

(c)  a body or corporation of Her Majesty in right of Canada that is not mentioned in Schedule I to the Federal-Provincial Fiscal Arrangements Act (R.S.C. 1985, c. F-8);

“financial service” has the meaning assigned by section 123 of the Excise Tax Act;

“insurance corporation” means an insurance corporation within the meaning of section 1166 that is liable to pay tax under Part VI;

“legal representative” has the meaning assigned by section 1;

“loan corporation” means a corporation that has an establishment in Québec in a taxation year and that is

(a)  a corporation, other than a trust corporation, authorized by the legislation of Canada or of a province to accept deposits from the public;

(b)  a corporation all or substantially all of the assets of which are shares or debts of corporations referred to in Title II of Book III of Part IV to which it is related for the purposes of that Part; or

(c)  a corporation recognized by the Minister in accordance with section 1143.1 and whose recognition is in force;

“person” has the meaning assigned by section 123 of the Excise Tax Act;

“professional order” has the meaning assigned by section 1 of the Professional Code (chapter C-26);

“savings and credit union” has the meaning assigned by section 797;

“supply” has the meaning assigned by section 123 of the Excise Tax Act;

“taxation year” has the meaning assigned by Part I and, in the case of a person other than a person within the meaning of Part I, means a calendar year;

“trust corporation” means a corporation that is authorized under the legislation of Canada or of a province to provide trustee services and that has an establishment in Québec in a taxation year;

“wages” means base wages, except wages paid by a financial institution to a person who is, within the meaning of an agreement on social security that provides for the reciprocal coverage of health insurance plans, entered into between the Gouvernement du Québec and the government of a foreign country, a worker on secondment, for the period in which the person is such a seconded worker, if under the agreement the person is subject only to the legislation of the foreign country to which the reciprocal coverage applies.

1993, c. 19, s. 148; 1995, c. 63, s. 253; 1997, c. 3, s. 67; 1997, c. 14, s. 290; 1998, c. 16, s. 247; 1999, c. 89, s. 53; 2000, c. 5, s. 292; 2002, c. 40, s. 322; 2005, c. 38, s. 329; 2007, c. 12, s. 304; 2011, c. 1, s. 109; 2011, c. 34, s. 118; 2012, c. 8, s. 250; 2013, c. 10, s. 174.

2012-05-09

1159.1. In this Part, unless the context indicates otherwise,

“amount paid as wages” means wages paid by a financial institution to its employee who reports for work at its establishment in Québec, that it is deemed to pay to its employee or that it pays in respect of its employee, or to its employee to whom those wages, if the employee is not required to report for work at an establishment of the financial institution, are paid, deemed to be paid or paid in respect of the employee from such an establishment in Québec;

“bank” means a bank, within the meaning of section 1, that has an establishment in Québec in a taxation year;

“base wages” means the aggregate of all amounts each of which is an amount paid by a person, in respect of an individual, to a trustee or custodian under a profit sharing plan, an employee trust or an employee benefit plan, within the meaning assigned to those expressions by section 1, and

(a)  any amount paid, allocated, granted or awarded by the person that is included under Chapters I and II of Title II of Book III of Part I, except the second paragraph of section 39.6 and section 58.0.1, as it read before being repealed, in computing the individual’s income from an office or employment or that would be included in computing that income if the individual were subject to tax under Part I; and

(b)  any amount that the person is deemed to pay to the individual under section 1019.7;

“corporation trading in securities” means a corporation that is a registered securities dealer within the meaning of section 1 and that has an establishment in Québec in a taxation year;

“employee” has the meaning assigned by section 1;

“establishment” has the meaning assigned by section 1;

“financial institution” means a financial institution referred to in paragraph a of subsection 1 of section 149 of the Excise Tax Act (R.S.C. 1985, c. E-15), with the exception of

(a)  a corporation established under the Canada Deposit Insurance Corporation Act (R.S.C. 1985, c. C-3),

(b)  a State body or corporation mentioned in Schedules A and B to the Reciprocal Taxation Memorandum of Agreement/Canada-Québec entered into on 21 December 1990, and

(c)  a body or corporation of Her Majesty in right of Canada that is not mentioned in Schedule I to the Federal-Provincial Fiscal Arrangements Act (R.S.C. 1985, c. F-8);

“financial service” has the meaning assigned by section 123 of the Excise Tax Act;

“insurance corporation” means an insurance corporation within the meaning of section 1166 that is liable to pay tax under Part VI;

“legal representative” has the meaning assigned by section 1;

“loan corporation” means a corporation that has an establishment in Québec in a taxation year and that is

(a)  a corporation, other than a trust corporation, authorized by the legislation of Canada or of a province to accept deposits from the public;

(b)  a corporation all or substantially all of the assets of which are shares or debts of corporations referred to in Title II of Book III of Part IV to which it is related for the purposes of that Part; or

(c)  a corporation recognized by the Minister in accordance with section 1143.1 and whose recognition is in force;

“person” has the meaning assigned by section 123 of the Excise Tax Act;

“professional order” has the meaning assigned by section 1 of the Professional Code (chapter C-26);

“savings and credit union” has the meaning assigned by section 797;

“supply” has the meaning assigned by section 123 of the Excise Tax Act;

“taxation year” has the meaning assigned by Part I and, in the case of a person other than a person within the meaning of Part I, means a calendar year;

“trust corporation” means a corporation that is authorized under the legislation of Canada or of a province to provide trustee services and that has an establishment in Québec in a taxation year;

“wages” means base wages, except wages paid by a financial institution to a person who is, within the meaning of an agreement on social security that provides for the reciprocal coverage of health insurance plans, entered into between the Gouvernement du Québec and the government of a foreign country, a worker on secondment, for the period in which the person is such a seconded worker, if under the agreement the person is subject only to the legislation of the foreign country to which the reciprocal coverage applies.

1993, c. 19, s. 148; 1995, c. 63, s. 253; 1997, c. 3, s. 67; 1997, c. 14, s. 290; 1998, c. 16, s. 247; 1999, c. 89, s. 53; 2000, c. 5, s. 292; 2002, c. 40, s. 322; 2005, c. 38, s. 329; 2007, c. 12, s. 304; 2011, c. 1, s. 109; 2011, c. 34, s. 118; 2012, c. 8, s. 250.

2011-12-09

1159.1. In this Part, unless the context indicates otherwise,

“amount paid as wages” means wages paid by a financial institution to its employee who reports for work at its establishment in Québec, that it is deemed to pay to its employee or that it pays in respect of its employee, or to its employee to whom those wages, if the employee is not required to report for work at an establishment of the financial institution, are paid, deemed to be paid or paid in respect of the employee from such an establishment in Québec;

“bank” means a bank, within the meaning of section 1, that has an establishment in Québec in a taxation year;

“base wages” means the aggregate of all amounts each of which is an amount paid by a person, in respect of an individual, to a trustee or custodian under a profit sharing plan, an employee trust or an employee benefit plan, within the meaning assigned to those expressions by section 1, and

(a)  any amount paid, allocated, granted or awarded by the person that is included under Chapters I and II of Title II of Book III of Part I, except section 58.0.1, as it read before being repealed, in computing the individual’s income from an office or employment or that would be included in computing that income if the individual were subject to tax under Part I; and

(b)  any amount that the person is deemed to pay to the individual under section 1019.7;

“corporation trading in securities” means a corporation that is a registered securities dealer within the meaning of section 1 and that has an establishment in Québec in a taxation year;

“employee” has the meaning assigned by section 1;

“establishment” has the meaning assigned by section 1;

“financial institution” means a financial institution referred to in paragraph a of subsection 1 of section 149 of the Excise Tax Act (R.S.C. 1985, c. E-15), with the exception of

(a)  a corporation established under the Canada Deposit Insurance Corporation Act (R.S.C. 1985, c. C-3),

(b)  a State body or corporation mentioned in Schedules A and B to the Reciprocal Taxation Memorandum of Agreement/Canada-Québec entered into on 21 December 1990, and

(c)  a body or corporation of Her Majesty in right of Canada that is not mentioned in Schedule I to the Federal-Provincial Fiscal Arrangements Act (R.S.C. 1985, c. F-8);

“financial service” has the meaning assigned by section 123 of the Excise Tax Act;

“insurance corporation” means an insurance corporation within the meaning of section 1166 that is liable to pay tax under Part VI;

“legal representative” has the meaning assigned by section 1;

“loan corporation” means a corporation that has an establishment in Québec in a taxation year and that is

(a)  a corporation, other than a trust corporation, authorized by the legislation of Canada or of a province to accept deposits from the public;

(b)  a corporation all or substantially all of the assets of which are shares or debts of corporations referred to in Title II of Book III of Part IV to which it is related for the purposes of that Part; or

(c)  a corporation recognized by the Minister in accordance with section 1143.1 and whose recognition is in force;

“person” has the meaning assigned by section 123 of the Excise Tax Act;

“professional order” has the meaning assigned by section 1 of the Professional Code (chapter C-26);

“savings and credit union” has the meaning assigned by section 797;

“supply” has the meaning assigned by section 123 of the Excise Tax Act;

“taxation year” has the meaning assigned by Part I and, in the case of a person other than a person within the meaning of Part I, means a calendar year;

“trust corporation” means a corporation that is authorized under the legislation of Canada or of a province to provide trustee services and that has an establishment in Québec in a taxation year;

“wages” means base wages, except wages paid by a financial institution to a person who is, within the meaning of an agreement on social security that provides for the reciprocal coverage of health insurance plans, entered into between the Gouvernement du Québec and the government of a foreign country, a worker on secondment, for the period in which the person is such a seconded worker, if under the agreement the person is subject only to the legislation of the foreign country to which the reciprocal coverage applies.

1993, c. 19, s. 148; 1995, c. 63, s. 253; 1997, c. 3, s. 67; 1997, c. 14, s. 290; 1998, c. 16, s. 247; 1999, c. 89, s. 53; 2000, c. 5, s. 292; 2002, c. 40, s. 322; 2005, c. 38, s. 329; 2007, c. 12, s. 304; 2011, c. 1, s. 109; 2011, c. 34, s. 118.

2011-02-17

1159.1. In this Part, unless the context indicates otherwise,

“amount paid as wages” means wages paid by a financial institution to its employee who reports for work at its establishment in Québec, that it is deemed to pay to its employee or that it pays in respect of its employee, or to its employee to whom those wages, if the employee is not required to report for work at an establishment of the financial institution, are paid, deemed to be paid or paid in respect of the employee from such an establishment in Québec;

“bank” means a bank, within the meaning of section 1, that has an establishment in Québec in a taxation year;

“base wages” means the aggregate of all amounts each of which is an amount paid by a person, in respect of an individual, to a trustee or custodian under a profit sharing plan, an employee trust or an employee benefit plan, within the meaning assigned to those expressions by section 1, and

(a)  any amount paid, allocated, granted or awarded by the person that is included under Chapters I and II of Title II of Book III of Part I, except section 58.0.1, in computing the individual’s income from an office or employment or that would be included in computing that income if the individual were subject to tax under Part I; and

(b)  any amount that the person is deemed to pay to the individual under section 1019.7;

“corporation trading in securities” means a corporation that is a registered securities dealer within the meaning of section 1 and that has an establishment in Québec in a taxation year;

“employee” has the meaning assigned by section 1;

“establishment” has the meaning assigned by section 1;

“financial institution” means a financial institution referred to in paragraph a of subsection 1 of section 149 of the Excise Tax Act (R.S.C. 1985, c. E-15), with the exception of

(a)  a corporation established under the Canada Deposit Insurance Corporation Act (R.S.C. 1985, c. C-3),

(b)  a State body or corporation mentioned in Schedules A and B to the Reciprocal Taxation Memorandum of Agreement/Canada-Québec entered into on 21 December 1990, and

(c)  a body or corporation of Her Majesty in right of Canada that is not mentioned in Schedule I to the Federal-Provincial Fiscal Arrangements Act (R.S.C. 1985, c. F-8);

“financial service” has the meaning assigned by section 123 of the Excise Tax Act;

“insurance corporation” means an insurance corporation within the meaning of section 1166 that is liable to pay tax under Part VI;

“legal representative” has the meaning assigned by section 1;

“loan corporation” means a corporation that has an establishment in Québec in a taxation year and that is

(a)  a corporation, other than a trust corporation, authorized by the legislation of Canada or of a province to accept deposits from the public;

(b)  a corporation all or substantially all of the assets of which are shares or debts of corporations referred to in Title II of Book III of Part IV to which it is related for the purposes of that Part; or

(c)  a corporation recognized by the Minister in accordance with section 1143.1 and whose recognition is in force;

“person” has the meaning assigned by section 123 of the Excise Tax Act;

“professional order” has the meaning assigned by section 1 of the Professional Code (chapter C-26);

“savings and credit union” has the meaning assigned by section 797;

“supply” has the meaning assigned by section 123 of the Excise Tax Act;

“taxation year” has the meaning assigned by Part I and, in the case of a person other than a person within the meaning of Part I, means a calendar year;

“trust corporation” means a corporation that is authorized under the legislation of Canada or of a province to provide trustee services and that has an establishment in Québec in a taxation year;

“wages” means base wages, except wages paid by a financial institution to a person who is, within the meaning of an agreement on social security that provides for the reciprocal coverage of health insurance plans, entered into between the Gouvernement du Québec and the government of a foreign country, a worker on secondment, for the period in which the person is such a seconded worker, if under the agreement the person is subject only to the legislation of the foreign country to which the reciprocal coverage applies.

1993, c. 19, s. 148; 1995, c. 63, s. 253; 1997, c. 3, s. 67; 1997, c. 14, s. 290; 1998, c. 16, s. 247; 1999, c. 89, s. 53; 2000, c. 5, s. 292; 2002, c. 40, s. 322; 2005, c. 38, s. 329; 2007, c. 12, s. 304; 2011, c. 1, s. 109.

2007-11-07

1159.1. In this Part, unless the context indicates otherwise,

“amount paid as wages” means wages paid by a financial institution to its employee who reports for work at its establishment in Québec, that it is deemed to pay to its employee or that it pays in respect of its employee, or to its employee to whom those wages, if the employee is not required to report for work at an establishment of the financial institution, are paid, deemed to be paid or paid in respect of the employee from such an establishment in Québec;

“bank” means a bank, within the meaning of section 1130, that is liable to pay tax under Part IV;

“base wages” means the aggregate of all amounts each of which is an amount paid by a person, in respect of an individual, to a trustee or custodian under a profit sharing plan, an employee trust or an employee benefit plan, within the meaning assigned to those expressions by section 1, and

(a)  any amount paid, allocated, granted or awarded by the person that is included under Chapters I and II of Title II of Book III of Part I, except section 58.0.1, in computing the individual’s income from an office or employment or that would be included in computing that income if the individual were subject to tax under Part I; and

(b)  any amount that the person is deemed to pay to the individual under section 1019.7;

“corporation trading in securities” means a corporation trading in securities, within the meaning of section 1130, that is liable to pay tax under Part IV;

“employee” has the meaning assigned by section 1;

“establishment” has the meaning assigned by section 1;

“financial institution” means a financial institution referred to in paragraph a of subsection 1 of section 149 of the Excise Tax Act (Revised Statutes of Canada, 1985, chapter E-15), with the exception of

(a)  a corporation established under the Canada Deposit Insurance Corporation Act (Revised Statutes of Canada, 1985, chapter C-3),

(b)  a State body or corporation mentioned in Schedules A and B to the Reciprocal Taxation Memorandum of Agreement/Canada-Québec entered into on 21 December 1990, and

(c)  a body or corporation of Her Majesty in right of Canada that is not mentioned in Schedule I to the Federal-Provincial Fiscal Arrangements and Federal Post-Secondary Education and Health Contributions Act (Revised Statutes of Canada, 1985, chapter F-8);

“financial service” has the meaning assigned by section 123 of the Excise Tax Act;

“insurance corporation” means an insurance corporation within the meaning of section 1166 that is liable to pay tax under Part VI;

“legal representative” has the meaning assigned by section 1;

“loan corporation” means a loan corporation, within the meaning of section 1130, that is liable to pay tax under Part IV;

“person” has the meaning assigned by section 123 of the Excise Tax Act;

“professional order” has the meaning assigned by section 1 of the Professional Code (chapter C-26);

“savings and credit union” has the meaning assigned by section 797;

“supply” has the meaning assigned by section 123 of the Excise Tax Act;

“taxation year” has the meaning assigned by Part I and, in the case of a person other than a person within the meaning of Part I, means a calendar year;

“trust corporation” means a trust corporation, within the meaning of section 1130, that is liable to pay tax under Part IV;

“wages” means base wages, except wages paid by a financial institution to a person who is, within the meaning of an agreement on social security that provides for the reciprocal coverage of health insurance plans, entered into between the Gouvernement du Québec and the government of a foreign country, a worker on secondment, for the period in which the person is such a seconded worker, if under the agreement the person is subject only to the legislation of the foreign country to which the reciprocal coverage applies.

1993, c. 19, s. 148; 1995, c. 63, s. 253; 1997, c. 3, s. 67; 1997, c. 14, s. 290; 1998, c. 16, s. 247; 1999, c. 89, s. 53; 2000, c. 5, s. 292; 2002, c. 40, s. 322; 2005, c. 38, s. 329; 2007, c. 12, s. 304.

2006-03-01

1159.1. In this Part, unless the context indicates otherwise,

“amount paid as wages” means wages paid by a financial institution to its employee who reports for work at its establishment in Québec, that it is deemed to pay to its employee or that it pays in respect of its employee, or to its employee to whom those wages, if the employee is not required to report for work at an establishment of the financial institution, are paid, deemed to be paid or paid in respect of the employee from such an establishment in Québec;

“bank” means a bank, within the meaning of section 1130, that is liable to pay tax under Part IV;

“base wages” means the aggregate of all amounts each of which is an amount paid by a person, in respect of an individual, to a trustee or custodian under a profit sharing plan, an employee trust or an employee benefit plan, within the meaning assigned to those expressions by section 1, and

(a)  any amount paid, allocated, granted or awarded by the person that is included under Chapters I and II of Title II of Book III of Part I, except section 58.0.1, in computing the individual’s income from an office or employment or that would be included in computing that income if the individual were subject to tax under Part I; and

(b)  any amount that the person is deemed to pay to the individual under section 1019.7;

“corporation trading in securities” means a corporation trading in securities, within the meaning of section 1130, that is liable to pay tax under Part IV;

“employee” has the meaning assigned by section 1;

“establishment” has the meaning assigned by section 1;

“financial institution” means a financial institution referred to in paragraph a of subsection 1 of section 149 of the Excise Tax Act (Revised Statutes of Canada, 1985, chapter E-15), with the exception of

(a)  a corporation established under the Canada Deposit Insurance Corporation Act (Revised Statutes of Canada, 1985, chapter C-3),

(b)  a State body or corporation mentioned in Schedules A and B to the Reciprocal Taxation Memorandum of Agreement/Canada-Québec entered into on 21 December 1990, and

(c)  a body or corporation of Her Majesty in right of Canada that is not mentioned in Schedule I to the Federal-Provincial Fiscal Arrangements and Federal Post-Secondary Education and Health Contributions Act (Revised Statutes of Canada, 1985, chapter F-8);

“financial service” has the meaning assigned by section 123 of the Excise Tax Act;

“insurance corporation” means an insurance corporation within the meaning of section 1166 that is liable to pay tax under Part VI;

“legal representative” has the meaning assigned by section 1;

“loan corporation” means a loan corporation, within the meaning of section 1130, that is liable to pay tax under Part IV;

“Minister” means the Minister of Revenue;

“person” has the meaning assigned by section 123 of the Excise Tax Act;

“professional order” has the meaning assigned by section 1 of the Professional Code (chapter C-26);

“savings and credit union” has the meaning assigned by section 797;

“supply” has the meaning assigned by section 123 of the Excise Tax Act;

“taxation year” has the meaning assigned by Part I and, in the case of a person other than a person within the meaning of Part I, means a calendar year;

“trust corporation” means a trust corporation, within the meaning of section 1130, that is liable to pay tax under Part IV;

“wages” means base wages, except wages paid by a financial institution to a person who is, within the meaning of an agreement on social security that provides for the reciprocal coverage of health insurance plans, entered into between the Gouvernement du Québec and the government of a foreign country, a worker on secondment, for the period in which the person is such a seconded worker, if under the agreement the person is subject only to the legislation of the foreign country to which the reciprocal coverage applies.

1993, c. 19, s. 148; 1995, c. 63, s. 253; 1997, c. 3, s. 67; 1997, c. 14, s. 290; 1998, c. 16, s. 247; 1999, c. 89, s. 53; 2000, c. 5, s. 292; 2002, c. 40, s. 322; 2005, c. 38, s. 329.