I-3 - Taxation Act

Section 135 Disposition versions

2011-06-06

135. A taxpayer shall not deduct:

(a)  (paragraph repealed);

(b)  an amount paid in respect of patronage dividends granted to his customers, except as provided in section 786;

(c)  an amount paid or payable as a contribution to an employee benefit plan;

(d)  an outlay or expense made or incurred under a salary deferral arrangement in respect of another person, except as expressly permitted by paragraphs p and q of section 157;

(e)  except as expressly permitted by section 139.1, contributions made under a retirement compensation arrangement;

(f)  except as expressly permitted by section 139.2, contributions made to an employee life and health trust.

1972, c. 23, s. 124; 1979, c. 18, s. 11; 1982, c. 5, s. 38; 1987, c. 67, s. 37; 1988, c. 18, s. 9; 1989, c. 5, s. 45; 1989, c. 77, s. 19; 1991, c. 25, s. 176; 1993, c. 16, s. 75; 2011, c. 6, s. 119.

2006-03-01

135. A taxpayer shall not deduct:

(a)  (paragraph repealed);

(b)  an amount paid in respect of patronage dividends granted to his customers, except as provided in section 786;

(c)  an amount paid or payable as a contribution to an employee benefit plan;

(d)  an outlay or expense made or incurred under a salary deferral arrangement in respect of another person, except as expressly permitted by paragraphs p and q of section 157;

(e)  except as expressly permitted by section 139.1, contributions made under a retirement compensation arrangement.

1972, c. 23, s. 124; 1979, c. 18, s. 11; 1982, c. 5, s. 38; 1987, c. 67, s. 37; 1988, c. 18, s. 9; 1989, c. 5, s. 45; 1989, c. 77, s. 19; 1991, c. 25, s. 176; 1993, c. 16, s. 75.