CTHRepealedLegislation
Income Tax Regulations 1936
Part 2Items of designated concession income
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Part 2—Items of designated concession income
| Item | Country | Entity | Kind of income or profit | Feature of income or profit under tax law of the country |
|---|---|---|---|---|
| 201 | Canada | An entity that operates in Canada as an international banking centre under Canadian law | All passive income and tainted services income | Not subject to tax in Canada in a tax accounting period |
| 202 | Canada | A company that operates in Canada as an investment corporation, or as a mutual fund corporation, under Canadian tax law | All passive income | Not taxed in Canada at the normal company tax rate |
| 203 | France | A company that operates in France as a société d’investissement à capital variable (SICAV) under French law | All passive income | Not subject to tax in France in a tax accounting period |
| 204 | France | A company that is treated as a resident of France for the purposes of the tax law of France, and that has elected to be taxed on a tonnage basis rather than on income or profits | All income or profits | Not used as the basis for establishing the amount of taxable income, taxable profits, tax base or tax liability of the entity under the tax law of France |
| 205 | Germany | A company that is treated as a resident of Germany for the purposes of the tax law of Germany | All passive income in carrying on business outside Germany at or through a permanent establishment | Not subject to tax in Germany in a tax accounting period |
| 206 | Germany | Either:(a) a company that is treated as a resident of Germany for the purposes of the tax law of Germany; or | Capital gains in respect of shares in companies | Not taxed in Germany at the normal company tax rate |
| (b) any company in carrying on business in Germany at or through a permanent establishment of the company in Germany | ||||
| 207 | Germany | A company that is treated as a resident of Germany for the purposes of the tax law of Germany, and that has elected to be taxed on a tonnage basis rather than on income or profits |