Income Tax Regulations
Version of section 806.2 from 2004-08-31 to 2013-12-11:
806.2 For the purpose of paragraph 212(1)(b) of the Act, an obligation is a prescribed obligation if it is an indexed debt obligation and no amount payable in respect of it is
(a) contingent or dependent upon the use of, or production from, property in Canada; or
(b) computed by reference to
(i) revenue, profit, cash flow, commodity price or any other similar criterion, other than a change in the purchasing power of money, or
(ii) dividends paid or payable to shareholders of any class of shares.
- [NOTE: Application provisions are not included in the consolidated text
- see relevant amending Acts and regulations.]
- SOR/93-345, s. 1
- SOR/94-686, s. 79(F)
- SOR/96-435, s. 2
- Date modified: