I-3 - Taxation Act

Section 737.27 Disposition versions

2012-03-05

737.27. In this Title,

“eligible seaman” for a taxation year means an individual who is the employee of an eligible shipowner for the year and in respect of whom a certificate has been issued by the Minister of Transport certifying that the individual is recognized as an eligible seaman in respect of the shipowner for that year;

“eligible shipowner” for a taxation year means a shipowner who, in the year, is a person resident in Canada, a corporation that is a foreign affiliate of such a person or a partnership whose members, resident in Canada, including a corporation controlled by persons resident in Canada, are the owners of interests in that partnership having a fair market value in excess of 10% of the fair market value of all interests in the partnership;

“salaries or wages” means the income computed under Chapters I and II of Title II of Book III.

1997, c. 14, s. 108; 2001, c. 51, s. 44; 2004, c. 21, s. 187; 2012, c. 1, s. 62.

2006-03-01

737.27. In this Title,

“eligible seaman” for a taxation year means a seaman in respect of whom a certificate was issued by the Minister of Transport certifying that the seaman was, in the year, an employee of an eligible shipowner for the year, that the seaman carried out, in that year, substantially all the duties relating to the seaman’s employment on a vessel engaged in international freight transportation and that the seaman was assigned to such a vessel for a period of at least 10 consecutive days beginning in the year or in a preceding taxation year;

“eligible shipowner” for a taxation year means a shipowner who, in the year, is a person resident in Canada, a corporation that is a foreign affiliate of such a person or a partnership whose members, resident in Canada, including a corporation controlled by persons resident in Canada, are the owners of interests in that partnership having a fair market value in excess of 10% of the fair market value of all interests in the partnership;

“salaries or wages” means the income computed under Chapters I and II of Title II of Book III.

1997, c. 14, s. 108; 2001, c. 51, s. 44; 2004, c. 21, s. 187.