Tax wiki
s. 207.65
PART XI.3 — Tax in Respect of Retirement Compensation Arrangements
Deemed distribution
Not yet annotated · Text current to 2026-06-21 · section last amended 2012-12-14
Current text
For the purposes of the definition refundable tax in subsection 207.5(1), tax paid under section 207.61 or 207.62 by a custodian of a retirement compensation arrangement out of property held in connection with the arrangement is deemed to be a distribution under the arrangement for the taxation year in which the tax is paid to the extent that the tax has not been refunded, waived or cancelled.
Source: Justice Laws Website. Not an official version.
Historic text
This section has not been amended since it was enacted (2012, c. 31, s. 45), so there is no earlier version.
Earlier versions: Justice Laws point-in-time versions of the Act (from 31 August 2004), and CanLII (under “Versions”). On Justice Laws, each version of section 207.65 links to the one before it.
Enacting and amending legislation
- 2012, c. 31, s. 45
Text before 2004 is found in the annual Statutes of Canada cited above. Application and coming-into-force provisions are not part of the consolidation; see the amending Acts.
Cross-references
Citation
Income Tax Act, R.S.C. 1985, c. 1 (5th Supp.), s. 207.65.