Common use of ADVANTAGE EXTENDED Clause in Contracts

ADVANTAGE EXTENDED. In an advantage (as defined under the Act) in relation to an RRSP is extended to the Planholder or to a person who does not deal at arm’s length with the Planholder, it is the responsibility of the Planholder to file an income tax return and pay the tax under Part XI.01 of the Act; except that if the advantage is extended by the Trustee (or by the Agent acting as the agent of the Trustee) or by a person with whom the trustee is not dealing at arm’s length, it is the responsibility of the Trustee to file a T3GR, Group Income Tax and Information Return for RRSP, RRIF, RESP or RDSP Trusts [or any other form that is required under Act] and pay the applicable tax under Part XI.01 of the Act.

ADVANTAGE EXTENDED. In If an advantage (as defined under the Act) in relation to an RRSP is extended to the Planholder or to a person who does not deal at arm’s length with the Planholder, it is the responsibility of the Planholder to file an income tax return and pay the tax under Part XI.01 of the Act; except that if the advantage is extended by the Trustee (or by the Agent acting as the agent of the Trustee) or by a person with whom the trustee is not dealing at arm’s length, it is the responsibility of the Trustee to file a T3GR, Group Income Tax and Information Return for RRSP, RRIF, RESP or RDSP Trusts [(or any other form that is required under Act] ) and pay the applicable tax under Part XI.01 of the Act.

ADVANTAGE EXTENDED. In If an advantage (as defined under the Act) in relation to an RRSP is extended to the Planholder or to a person who does not deal at arm’s length with the Planholder, it is the responsibility of the Planholder to file an income tax return and pay the tax under Part XI.01 of the Act; except that if the advantage is extended by the Trustee (or by the Agent acting as the agent of the Trustee) or by a person with whom the trustee is not dealing at arm’s length, it is the responsibility responsi- bility of the Trustee to file a T3GR, Group Income Tax and Information Return for RRSP, RRIF, RESP or RDSP Trusts [or any other form that is required under Act] and pay the applicable tax under Part XI.01 of the Act.

ADVANTAGE EXTENDED. In an advantage (as defined under the Act) in relation to an RRSP is extended to the Planholder or to a person who does not deal at arm’s length with the Planholder, it is the responsibility of the Planholder to file an income tax return and pay the tax under Part XI.01 of the Act; except that if the advantage is extended by the Trustee (or by the Agent acting as the agent of the Trustee) or by a person with whom the trustee is not dealing at arm’s length, it is the responsibility of the Trustee to file a T3GR, Group Income Tax and Information Return for RRSP, RRIF, RESP or RDSP Trusts [(or any other form that is required under Act] ) and pay the applicable tax under Part XI.01 of the Act.

ADVANTAGE EXTENDED. In an advantage (as defined under the Act) in relation to an RRSP is extended to the Planholder or to a person who does not deal at arm’s length with the Planholder, it is the responsibility of the ofthe Planholder to file an income tax return and pay the tax under Part XI.01 of the Act; except that if the advantage is extended by the Trustee (or by the Agent acting as the agent of the Trustee) or by a person with whom the trustee is not dealing at arm’s length, it is the responsibility of the Trustee to file a T3GR, Group Income Tax and Taxand Information Return for RRSP, RRIF, RESP or RDSP Trusts [or any other form that is required under Act] and pay the applicable tax under Part XI.01 of the Act.