I-3 - Taxation Act

Full text
979.25. All the qualified property of a qualified shipowner within a reserve created by the shipowner with a view to accumulating the capital necessary to have work carried out by the operator of a qualified shipyard so as to maintain or renovate qualified vessels in the shipowner’s fleet or to have a qualified vessel built constitutes a tax-free reserve of the shipowner.
2015, c. 21, s. 353.