Prescribed Matters

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The term prescribed is itself a defined term. Subsection 248(1) provides that

“Prescribed” means:

  • (a) in the case of a form, the information to be given on a form or the manner of filing a form, authorized by the Minister,
  • (a.1) in the case of the manner of making or filing an election, authorized by the Minister, and
  • (b) in any other case, prescribed by regulation or determined in accordance with rules prescribed by regulation;

Generally, when “prescribed’ is used in a provision, it is a signal that whatever is being “prescribed” is to be found in the Income Tax Regulations, CRC c 945.

When referring to the Regulations be sure to look at the regulations in force at the date of interest.

Sas Ansari, BSc BEd PC JD LLM PhD (exp) CPA In-Depth Tax 1, 2 &3

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Income Tax – HST/GST – International Tax