A-18.1, r. 12.1 - Regulation respecting the reimbursement of property taxes of certified forest producers

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4. A certified forest producer that, in the last calendar year or the last fiscal year, as the case may be, has incurred expenses for an amount
(1)  less than the amount of property taxes paid during that period, may carry forward that amount over the next 5 years;
(2)  greater than the amount of the property taxes paid may carry forward the excess amount over the next 10 years. Surplus expenses accumulated are claimed according to the order in which they occur.
The amount carried forward will be considered as having been incurred in the year of the carry-forward if the certified forest producer still meets the conditions set out in sections 130 and 131 of the Sustainable Forest Development Act (chapter A-18.1).
O.C. 1218-2013, s. 4.