P-5.1 - Act respecting the sectoral parameters of certain fiscal measures

Section 5 Disposition versions

2017-02-08

5. In this Act and its regulations, unless otherwise provided,

(1)  a legal person, whether or not established for pecuniary gain, is designated by the word “corporation” ;

(2)  a person is considered to be a person resident in Québec or Canada if the person is so considered for the purposes of the Taxation Act (chapter I-3), and is considered to be a person not resident in Québec or Canada in any other case;

(3)  a person or a partnership is considered not to be dealing at arm’s length with another person or partnership if the person or partnership is so considered for the purposes of Part I of the Taxation Act, and is considered to be a person or partnership dealing at arm’s length with the other person or partnership in any other case;

(4)  a person is considered to be related to another person if the person is so considered for the purposes of Part I of the Taxation Act, and is considered not to be so related in any other case;

(5)  a corporation is considered to be associated with another corporation in a taxation year if the corporation is so considered for the purposes of Part I of the Taxation Act, and is considered not to be so associated in any other case;

(6)  a corporation is considered to be controlled, directly or indirectly in any manner whatever, by a person or a group of persons if the corporation is so considered for the purposes of Part I of the Taxation Act, and is considered not to be so controlled in any other case;

(7)  a reference to a taxation year ending in another year includes a reference to a taxation year the end of which coincides with the end of the other year;

(8)  a reference to a fiscal period ending in a taxation year includes a reference to a fiscal period the end of which coincides with the end of the taxation year; and

(9)  a reference to a region and a reference to an urban agglomeration mean the corresponding administrative region described in the Décret concernant la révision des limites des régions administratives du Québec (chapter D-11, r. 1) and the corresponding urban agglomeration described in Title II of the Act respecting the exercise of certain municipal powers in certain urban agglomerations (chapter E-20.001), respectively.

2012, c. 1, s. 5; 2017, c. 1, s. 392.

2012-03-05

5. In this Act and its regulations, unless otherwise provided,

(1)  a legal person, whether or not established for pecuniary gain, is designated by the word “corporation” ;

(2)  a person is considered to be a person resident in Québec or Canada if the person is so considered for the purposes of the Taxation Act (chapter I-3), and is considered to be a person not resident in Québec or Canada in any other case;

(3)  a person or a partnership is considered not to be dealing at arm’s length with another person or partnership if the person or partnership is so considered for the purposes of Part I of the Taxation Act, and is considered to be a person or partnership dealing at arm’s length with the other person or partnership in any other case;

(4)  a person is considered to be related to another person if the person is so considered for the purposes of Part I of the Taxation Act, and is considered not to be so related in any other case;

(5)  a corporation is considered to be associated with another corporation in a taxation year if the corporation is so considered for the purposes of Part I of the Taxation Act, and is considered not to be so associated in any other case;

(6)  a corporation is considered to be controlled, directly or indirectly in any manner whatever, by a person or a group of persons if the corporation is so considered for the purposes of Part I of the Taxation Act, and is considered not to be so controlled in any other case;

(7)  a reference to a taxation year ending in another year includes a reference to a taxation year the end of which coincides with the end of the other year; and

(8)  a reference to a fiscal period ending in a taxation year includes a reference to a fiscal period the end of which coincides with the end of the taxation year.

2012, c. 1, s. 5.