Definitions and related matters - Associated persons and nominees - Table Y1: Associated person rules
YB 20: Some definitions
You could also call this:
“Explains that a former section defining associated person rules no longer exists”
You might see a section called YB 20 in the Income Tax Act 2007, which used to provide some definitions for associated person rules. However, this section no longer exists. It was removed from the law on 1 April 2010. This means that if you’re looking for definitions related to associated person rules, you’ll need to check other parts of the Act or seek guidance from a tax professional.
