I-3 - Taxation Act

Section 851.33.1 Disposition versions

2010-04-20

851.33.1. In this Title,

“amateur athlete” at any time means an individual, other than a trust, who is, at that time,

(a)  a member of a registered Canadian amateur athletic association;

(b)  eligible to compete, in an international sporting event sanctioned by an international sports federation, as a Canadian national team member; and

(c)  not a professional athlete;

“professional athlete” means an individual who receives income that is compensation for, or is otherwise attributable to, the individual’s activities as a player or athlete in a professional sport;

“qualifying performance income” of an individual means income that

(a)  is received by the individual in a taxation year in which the individual was, at any time, an amateur athlete and was not, at any time, a professional athlete;

(b)  may reasonably be considered to be in connection with the individual’s participation as an amateur athlete in one or more international sporting events referred to in paragraph b of the definition of “amateur athlete”; and

(c)  is endorsement income, prize money, or income from public appearances or speeches;

“third party” in respect of an arrangement described in subparagraph b of the first paragraph of section 851.34 means a person who deals at arm’s length with the amateur athlete in respect of the arrangement.

2010, c. 5, s. 81.