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 979.39
Disposition versions

Full text
979.39. For the purpose of computing a qualified shipowner’s income for a taxation year, the following rules apply:
(a)  the amount of any taxable capital gain for the year from the disposition of qualified property within the shipowner’s tax-free reserve is deemed to be nil; and
(b)  the amount of any allowable capital loss for the year from the disposition of qualified property within the shipowner’s tax-free reserve is deemed to be nil.
2015, c. 21, s. 353.
© Gouvernement du Québec