Supporting Vulnerable Seniors and Strengthening Canada’s Economy Act (S.C. 2011, c. 15)
Full Document:
Assented to 2011-06-26
Marginal note:R.S., c. E-15
Excise Tax Act
Marginal note:2007, c. 18, s. 64
10. The definition “listed international agreement” in subsection 2(1) of the Excise Tax Act is replaced by the following:
“listed international agreement”
« accord international désigné »
“listed international agreement” means
(a) the Convention on Mutual Administrative Assistance in Tax Matters, concluded at Strasbourg on January 25, 1988, as amended from time to time by a protocol, or other international instrument, as ratified by Canada, or
(b) a comprehensive tax information exchange agreement that Canada has entered into and that has effect, in respect of another country or jurisdiction;
Marginal note:2007, c. 18, s. 2(6)
11. The definition “listed international agreement” in subsection 123(1) of the Act is replaced by the following:
“listed international agreement”
« accord international désigné »
“listed international agreement” means
(a) the Convention on Mutual Administrative Assistance in Tax Matters, concluded at Strasbourg on January 25, 1988, as amended from time to time by a protocol, or other international instrument, as ratified by Canada, or
(b) a comprehensive tax information exchange agreement that Canada has entered into and that has effect, in respect of another country or jurisdiction;
12. (1) The Act is amended by adding the following after section 259.1:
Marginal note:Definitions
259.2 (1) The following definitions apply in this section.
“claim period”
« période de demande »
“claim period” has the same meaning as in subsection 259(1).
“Legion entity”
« entité de la Légion »
“Legion entity” means the Dominion Command or any provincial command or branch of the Royal Canadian Legion.
Marginal note:Rebate for poppies and wreaths
(2) If a Legion entity acquires, imports or brings into a participating province property that is a poppy or wreath, the Minister shall, subject to subsection (3), pay a rebate to the Legion entity equal to the amount of tax that becomes payable, or is paid without having become payable, by the Legion entity during a claim period of the Legion entity in respect of the acquisition, importation or bringing in.
Marginal note:Application for rebate
(3) A rebate shall not be paid under subsection (2) in respect of tax that becomes payable, or is paid without having become payable, by a Legion entity during a claim period of the Legion entity unless the Legion entity files an application for the rebate within four years after the last day of the claim period.
Marginal note:Limitation
(4) A Legion entity must not make more than one application for rebates under this section for any claim period of the Legion entity.
(2) Subsection (1) applies in respect of tax that becomes payable, or is paid without having become payable, after 2009.
(3) If, in the absence of this subsection, an application for a rebate under subsection 259.2(2) of the Act, as enacted by subsection (1), in respect of tax would have to be filed by a Legion entity before the day that is four years after the day on which this Act receives royal assent in order for the rebate to be paid to the Legion entity, the reference in subsection 259.2(3) of the Act, as enacted by subsection (1), to “last day of the claim period” is to be read as a reference to “day on which the Act enacting this section receives royal assent”.
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