Income Tax Regulations

6704 For the purposes of section 186.2 of the Act, a corporation is a prescribed qualifying corporation in respect of dividends received by a shareholder on shares of its capital stock if, when the shares were acquired by the shareholder, they constituted

• (a) an investment described in sections 33 and 34 of the Act referred to in subparagraph 6700(a)(i);

• (b) an eligible investment under the provisions of an Act referred to in subparagraph 6700(a)(ii), (iv), (v), (vi) or (viii) or the regulation referred to in subparagraph 6700(a)(iii);

• (c) a qualified investment under the provisions of the Act referred to in subparagraph 6700(a)(vii); or

• (d) an investment in an eligible business under the Venture Capital Policy and Directive referred to in paragraph 6700(c).

• (e) [Repealed, SOR/93-396, s. 5]