Consolidated Statutes and Regulations Consolidated Statutes Consolidated Regulations Annual Statutes and Regulations Annual Statutes Annual Regulations Additional information Québec Official Publisher What’s new? Information note Policy of the Minister of Justice Laws: Amendments Laws: Provisions not in force Laws: Provisions brought into force Annual Statutes: PDF versions since 1996 Regulations: Amendments Annual Regulations: PDF versions since 1996 Court Decisions

I-3 - Taxation Act

Section 241
Disposition versions

Full text
241. A loss from the disposition of a property shall not be allowed where the disposition was in favour of
(a)  a trust governed by a registered retirement income fund, a deferred profit sharing plan, a profit sharing plan, a registered disability savings plan, a tax-free savings account or a first home savings account, under which the taxpayer is a beneficiary or immediately after the disposition becomes a beneficiary; or
(b)  a trust governed by a registered retirement savings plan under which the taxpayer or the taxpayer’s spouse is an annuitant or becomes, within 60 days after the end of the year, an annuitant.
1977, c. 26, s. 23; 1978, c. 26, s. 40; 1979, c. 18, s. 19; 1991, c. 25, s. 58; 2003, c. 2, s. 71; 2009, c. 15, s. 66; 2023, c. 19, s. 21.
241. A loss from the disposition of a property shall not be allowed where the disposition was in favour of
(a)  a trust governed by a registered retirement income fund, a deferred profit sharing plan, a profit sharing plan, a registered disability savings plan or a tax-free savings account under which the taxpayer is a beneficiary or immediately after the disposition becomes a beneficiary; or
(b)  a trust governed by a registered retirement savings plan under which the taxpayer or the taxpayer’s spouse is an annuitant or becomes, within 60 days after the end of the year, an annuitant.
1977, c. 26, s. 23; 1978, c. 26, s. 40; 1979, c. 18, s. 19; 1991, c. 25, s. 58; 2003, c. 2, s. 71; 2009, c. 15, s. 66.
241. A loss from the disposition of a property shall not be allowed where the disposition was in favour of
(a)  a trust governed by a registered retirement income fund, a deferred profit sharing plan or a profit sharing plan under which the taxpayer is a beneficiary or immediately after the disposition becomes a beneficiary; or
(b)  a trust governed by a registered retirement savings plan under which the taxpayer or the taxpayer’s spouse is an annuitant or becomes, within 60 days after the end of the year, an annuitant.
1977, c. 26, s. 23; 1978, c. 26, s. 40; 1979, c. 18, s. 19; 1991, c. 25, s. 58; 2003, c. 2, s. 71.
© Gouvernement du Québec