415. [Repealed, 2009, c. 2, s. 97]

500. Any election by a corporation to be taxed under section 133 of the Act shall be made by forwarding by registered mail to the Director — Taxation at the District Office of the Department of National Revenue, Taxation that serves the area in which the head office of the corporation is located the following documents:

• (a) a letter stating that the corporation elects to be taxed under the said section 133;

• (b) a certified copy of the resolution of the directors of the corporation authorizing the election to be made; and

• (c) a certified list showing

  • (i) the names and addresses of the registered shareholders and the number of shares of each class held by each,

  • (ii) the names and addresses of the holders of the corporation’s bonds, debentures, or other funded indebtedness, if any, and

  • (iii) the names and addresses of the beneficial owners of shares, bonds, debentures, or other funded indebtedness in cases where the registered shareholders or holders, as the case may be, are not the beneficial owners.

501. Any election to be taxed under section 133 of the Act shall be revoked by a corporation by forwarding by registered mail to the Deputy Minister of National Revenue for Taxation at Ottawa the following documents in duplicate:

• (a) a letter stating that the corporation revokes its election; and

• (b) a certified copy of the resolution of the directors of the corporation authorizing the election to be revoked.

502. A corporation which is taxable under section 133 of the Act shall attach to its return of income required to be filed under subsection 150(1) of the Act, a certified statement showing any changes during the taxation year in the information referred to in paragraph 500(c).

503. [Repealed, SOR/80-140, s. 1]

600. For the purposes of paragraphs 220(3.2)(a) and (b) of the Act, the following are prescribed provisions:

• (a) section 21 of the Act;

• (b) subsections 7(10), 13(4), (7.4) and (29), 14(6), 20(24), 44(1) and (6), 45(2) and (3), 50(1), 53(2.1), 70(6.2), (9.01), (9.11), (9.21) and (9.31), 72(2), 73(1), 80.1(1), 82(3), 83(2), 104(5.3) and (14), 107(2.001), 143(2), 146.01(7), 146.02(7), 164(6) and (6.1), 184(3) and 256(9) of the Act;

• (c) paragraphs 12(2.2)(b), 66.7(7)(c), (d) and (e) and (8)(c), (d) and (e), 80.01(4)(c), 86.1(2)(f) and 128.1(4)(d), (6)(a) and (c), (7)(d) and (g) and (8)(c) of the Act;

• (d) subsections 1103(1), (2) and (2d) and 5907(2.1) of these Regulations.