Income Tax Regulations

9005 For the purposes of the definition non-reporting financial institution in subsection 270(1) of the Act, the following entities are prescribed:

• (a) a labour-sponsored venture capital corporation as prescribed in section 6701;

• (b) a registered retirement savings plan;

• (c) a registered retirement income fund;

• (d) a pooled registered pension plan;

• (e) a deferred profit sharing plan;

• (f) a registered disability savings plan;

• (g) a registered education savings plan;

• (h) a registered pension plan;

• (i) a trust governed by a registered pension plan;

• (j) a trust described in paragraph 149(1)(o.4) of the Act, if all of the interests in the trust as a beneficiary are held by one or more registered pension plans;

• (k) a corporation described in clause 149(1)(o.1)(i)(A) or subparagraph 149(1)(o.1)(ii) or (o.2)(i) of the Act;

• (l) a corporation described in any of subparagraphs 149(1)(o.2)(ii) to (iii) of the Act, if all of the shares of the corporation are held by

  • (i) one or more registered pension plans or trusts governed by registered pension plans,

  • (ii) one or more trusts described in paragraph (j), or

  • (iii) one or more corporations described in this paragraph or paragraph (k);

• (m) a trust, if all of the interests in the trust as a beneficiary are held by one or more plans, trusts or corporations described in paragraph (i), (k) or (l);

• (n) a central cooperative credit society, as defined in section 2 of the Cooperative Credit Associations Act and whose accounts are maintained for member financial institutions; and

• (o) a TFSA.