Regulations Amending the Income Tax Regulations (COVID-19 — Eligible Entities): SOR/2020-107

Canada Gazette, Part II, Volume 154, Number 11

Registration

SOR/2020-107 May 14, 2020

INCOME TAX ACT

P.C. 2020-331 May 13, 2020

Her Excellency the Governor General in Council, on the recommendation of the Minister of Finance, pursuant to section 221 footnote a of the Income Tax Act footnote b, makes the annexed Regulations Amending the Income Tax Regulations (COVID-19 — Eligible Entities).

Regulations Amending the Income Tax Regulations (COVID-19 — Eligible Entities)

Amendment

1 The Income Tax Regulations footnote 1 are amended by adding the following after Part LXXXIX:

PART LXXXIX.1

Eligible Entities Prescribed for COVID-19 Wage Subsidy

8901.1 For the purposes of paragraph (f) of the definition eligible entity in subsection 125.7(1) of the Act, the following entities are prescribed:

Coming into Force

2 These Regulations are deemed to have come into force on April 11, 2020.

N.B. The Regulatory Impact Analysis Statement for these Regulations appears following SOR/2020-106, Regulations Amending the Income Tax Regulations (COVID-19 — Deemed Remittance).