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Income Tax Regulations

Version of section 214 from 2013-06-26 to 2020-07-28:

  •  (1) Every person who pays any of the following amounts shall make an information return in prescribed form:

    • (a) an amount that is required by subsection 146(8) of the Act to be included in computing the income of a taxpayer for a taxation year;

    • (b) an amount that is an eligible amount, within the meaning of subsection 146.01(1) of the Act; or

    • (c) an amount that is an eligible amount, within the meaning of subsection 146.02(1) of the Act.

  • (2) If, in a taxation year, subsection 146(7), (9) or (10) of the Act or, in relation to a non-qualified investment, subsection 207.04(1) or (4) of the Act applies in respect of a trust governed by a registered retirement savings plan, the trustee of the plan shall make an information return in prescribed form.

  • (3) Where, in respect of an amended plan referred to in subsection 146(12) of the Act, an amount is required to be included in computing the income of a taxpayer for a taxation year, the issuer of the plan shall make an information return in prescribed form.

  • (4) Where subsection 146(8.8) of the Act deems an amount to be received by an annuitant as a benefit out of or under a registered retirement savings plan and such amount is required by subsection 146(8) of the Act to be included in computing the income of that annuitant for a taxation year, the issuer of the plan shall make an information return in prescribed form.

  • (5) If a payment or transfer of property to which paragraph 146(16)(b) of the Act applies is made from a plan, the issuer of the plan shall make an information return in prescribed form in respect of the payment or transfer.

  • (6) Where an amount may be deducted under subsection 146(8.92) of the Act in computing the income of a deceased annuitant under a registered retirement savings plan, the issuer of the plan shall make an information return in prescribed form in respect of the amount.

  • (7) In this section, annuitant and issuer have the meanings assigned by subsection 146(1) of the Act.

  • [NOTE: Application provisions are not included in the consolidated text
  • see relevant amending Acts and regulations.]
  • SOR/80-502, s. 3
  • SOR/83-866, s. 5
  • SOR/88-165, s. 31(F)
  • SOR/92-51, s. 3
  • SOR/2001-188, s. 2
  • SOR/2003-5, s. 5
  • SOR/2005-264, s. 1
  • 2009, c. 2, s. 86
  • 2011, c. 24, s. 76
Date modified: