VIII, s. 1101996, c. 21, s. 482001, c. 17, s. 1642003, c. 15, s. 1202005, c. 19, s. 412006, c. 4, s. 832013, c. 34, s. 752016, c. 11, s. 82018, c. 12, s. 29
(a)that was, at any time in the year, a bankrupt; or(b)that was, throughout the year,(i)a bank,(ii)a corporation licensed or otherwise authorized under the laws of Canada or a province to carry on in Canada the business of offering to the public its services as a trustee,(iii)an insurance corporation,(iv)a prescribed labour-sponsored venture capital corporation,(v)a prescribed investment contract corporation,(vi)a non-resident-owned investment corporation, or(vii)a registered securities dealer that was throughout the year a member, or a participating organization, of a designated stock exchange in Canada.
(i)a bank,(ii)a corporation licensed or otherwise authorized under the laws of Canada or a province to carry on in Canada the business of offering to the public its services as a trustee,(iii)an insurance corporation,(iv)a prescribed labour-sponsored venture capital corporation,(v)a prescribed investment contract corporation,(vi)a non-resident-owned investment corporation, or(vii)a registered securities dealer that was throughout the year a member, or a participating organization, of a designated stock exchange in Canada.
[NOTE: Application provisions are not included in the consolidated textsee relevant amending Acts and regulations.]R.S., 1985, c. 1 (5th Supp.), s. 186.11998, c. 19, s. 2002007, c. 35, s. 552017, c. 33, s. 64
[NOTE: Application provisions are not included in the consolidated textsee relevant amending Acts and regulations.]1987, c. 46, s. 59
187(1)Every corporation that is liable to pay tax under this Part for a taxation year in respect of a dividend received by it in the year shall, on or before the day on or before which it is required to file its return of income under Part I for the year, file a return for the year under this Part in prescribed form.Marginal note:Interest(2)Where a corporation is liable to pay tax under this Part and has failed to pay all or any part thereof on or before the day on or before which the tax was required to be paid, it shall pay to the Receiver General interest at the prescribed rate on the amount that it failed to pay computed from the day on or before which the tax was required to be paid to the day of payment.Marginal note:Provisions applicable to Part(3)Sections 151, 152, 158 and 159, subsections 161(7) and 161(11), sections 162 to 167 and Division J of Part I are applicable to this Part with such modifications as the circumstances require.
[NOTE: Application provisions are not included in the consolidated textsee relevant amending Acts and regulations.]1970-71-72, c. 63, s. 1 “187”1985, c. 45, ss. 101, 126(F)1986, c. 6, s. 98
(a)received by a corporation on a share of the capital stock of a foreign affiliate of the corporation, other than a dividend received by a specified financial institution on a share acquired in the ordinary course of the business carried on by the institution;(b)received by a corporation from another corporation (other than a corporation described in any of paragraphs (a) to (f) of the definitionfinancial intermediary corporationin subsection 191(1)) in which it has or would have, if the other corporation were a taxable Canadian corporation, a substantial interest (as determined under section 191) at the time the dividend was paid;(c)received by a corporation that was, at the time the dividend was received, a private corporation or a financial intermediary corporation (within the meaning assigned by subsection 191(1));(d)received by a corporation on a short-term preferred share of the capital stock of a taxable Canadian corporation other than a dividend described in paragraph (b) or (c) of the definitionexcluded dividendin subsection 191(1); or(e)received by a corporation on a share (other than a taxable RFI share or a share that would be a taxable preferred share if the definitiontaxable preferred sharein subsection 248(1) were read without reference to paragraph (a) of that definition) of the capital stock of a mutual fund corporation.
[NOTE: Application provisions are not included in the consolidated textsee relevant amending Acts and regulations.]R.S., 1985, c. 1 (5th Supp.), s. 187.11994, c. 7, Sch