CONSOLIDATION

Dominion Succession Duty Regulations

SOR/54-743

Current to June 20, 2022



OFFICIAL STATUS OF CONSOLIDATIONS Subsections 31(1) and (3) of the Legislation Revision and Consolidation Act, in force on June 1, 2009, provide as follows: Published consolidation is evidence

31 (1) Every copy of a consolidated statute or consolidated regulation published by the Minister under this Act in either print or electronic form is evidence of that statute or regulation and of its contents and every copy purporting to be published by the Minister is deemed to be so published, unless the contrary is shown. ... Inconsistencies in regulations

(3) In the event of an inconsistency between a consolidated regulation published by the Minister under this Act and the original regulation or a subsequent amendment as registered by the Clerk of the Privy Council under the Statutory Instruments Act, the original regulation or amendment prevails to the extent of the inconsistency.

LAYOUT The notes that appeared in the left or right margins are now in boldface text directly above the provisions to which they relate. They form no part of the enactment, but are inserted for convenience of reference only.

NOTE This consolidation is current to June 20, 2022. Any amendments that were not in force as of June 20, 2022 are set out at the end of this document under the heading “Amendments Not in Force”.

Current to June 20, 2022

TABLE OF PROVISIONS Dominion Succession Duty Regulations 1

Short Title

Interpretation

Administration

Statement of Value and Relationship

Demand for Information

Opening of Safety Deposit Boxes

Withdrawal of Contents of Safety Deposit Boxes

Consent to Transfer of Property

Notice of Assessment

Security

Statement of Debts

Interest in Expectancy in Possession

Certificate of Discharge

Valuation of Annuities FORMS

Current to June 20, 2022

ii

Dominion Succession Duty Regulations TABLE OF PROVISIONS

SCHEDULE B

Approved Trust Companies SCHEDULE C

Tables

Current to June 20, 2022

iv

Registration SOR/54-743

DOMINION SUCCESSION DUTY ACT Dominion Succession Duty Regulations

Pursuant to the powers conferred by section 59 of the Dominion Succession Duty Act, I hereby revoke all regulations heretofore made under that Act and, in substitution therefor, make and establish the following regulations. JAMES J. McCANN Minister of National Revenue Ottawa, December 28, 1954

Current to June 20, 2022

Dominion Succession Duty Regulations

Short Title 1 These regulations may be cited as the Dominion Succession Duty Regulations.

Interpretation 2 In these regulations,

Act means the Dominion Succession Duty Act. (Loi) Deputy Minister means the Deputy Minister of National Revenue Taxation. (sous-ministre) Minister means the Minister of National Revenue. (ministre)

Administration 3 (1) The Deputy Minister is authorized to exercise the powers conferred by the Act upon the Minister as fully and effectively as if the said powers were exercised by the Minister. (2) The forms contained in Schedule A hereto are the

forms prescribed for the purposes of the Act.

Statement of Value and Relationship 4 (1) Subject to the provisions of section 16 of the Act, the executor and every heir, legatee, substitute, institute or other successor shall, within six months after the death of the deceased, without any notice or demand therefor, deliver to the Administrator of Succession Duties or a Director-Taxation, the information required by the Act, more generally indicated as the value of all property included in the succession. (2) For the purposes of subsection (1), Form S.D. 1, Form S.D. 1 Special and Form S.D. 1 NR are hereby prescribed. 5 The forms prescribed by subsection (2) of section 4 shall be used as specified hereunder:

Current to June 20, 2022

Dominion Succession Duty Regulations Statement of Value and Relationship Sections 5-9

(a) Form S.D. 1 shall be used where the deceased died

domiciled within Canada and the value of all property included in the succession exceeds forty thousand dollars, and shall be filed in duplicate together with one certified copy and one office copy of the last will and testament of the deceased; (b) Form S.D. 1 Special or S.D. 1 shall be used where the deceased died domiciled within Canada and the value of all property included in the succession does not exceed forty thousand dollars and a single copy thereof shall be filed together with one certified copy of the last will and testament of the deceased; and (c) Form S.D. 1 NR shall be used where the deceased died domiciled outside of Canada, and a single copy thereof shall be filed together with one certified copy of the last will and testament of the deceased. 6 Form S.D. 1 or S.D. 1 Special shall be delivered to a Director-Taxation for the district in which the deceased during his lifetime, filed his last income tax return or the district in which he resided at death. 7 Where the deceased died domiciled outside of Canada,

Form S.D. 1 NR shall be delivered to the Administrator of Succession Duties, Taxation Division, Department of National Revenue, Ottawa.

Demand for Information 8 The Deputy Minister, the Administrator of Succession Duties and the Directors-Taxation are hereby empowered to demand by registered letter any information, additional information or explanation pertaining to any matter arising under the Act, and such information or explanation shall be furnished by the heir, legatee, substitute, institute, executor, successor or other person having under his control any such information.

Opening of Safety Deposit Boxes 9 (1) For the purposes of section 51 of the Act, an officer of a branch of a bank (which includes a savings bank operated under the Quebec Savings Banks Act), of a loan or savings company, of an insurance company, or of a trust company approved by the Minister and listed in Schedule B hereto, shall in the presence of a representative of the

Current to June 20, 2022

Dominion Succession Duty Regulations Opening of Safety Deposit Boxes Sections 9-13

estate represent the Minister at the opening of a depository located where such officer is employed for the purpose of examining the contents thereof and permitting the withdrawal therefrom of the will of the deceased. (2) The representative of the estate present at the opening of a depository shall furnish the representative of the Minister with a true and complete list of the contents of the depository certified as being true and complete by the depositary. 10 The representative of the Minister shall complete and

sign in duplicate Form S.D. 31, which shall also be signed by the representative of the estate, and shall retain the original thereof and forward the copy together with the certified list of the contents of the depository to the Administrator of Succession Duties or to a Director-Taxation.

Withdrawal of Contents of Safety Deposit Boxes 11 Before the contents of any safety deposit box or depository may be withdrawn, in whole or in part, by any person except as provided for in section 9, there shall be procured from the Deputy Minister or the Administrator of Succession Duties or a Director-Taxation, Form S.D. 32 consenting to the withdrawal of the contents from the safety deposit box or depository; such form shall (a) bear the signature of the Deputy Minister written,

printed or stamped thereon; and (b) be signed in the space provided for under the

words “Verified by” by the Deputy Minister or the Administrator of Succession Duties or a Director-Taxation or an officer authorized by any of them.

Consent to Transfer of Property 12 Except as otherwise provided by the Act, before any

property whatsoever may be transferred, the consent on Form S.D. 30, as required by section 50, shall be obtained from the Deputy Minister or the Administrator of Succession Duties or a Director-Taxation; the form shall be completed in the manner prescribed by section 11. 13 Insurance moneys, benevolent and friendly society

benefits and superannuation benefits, may be paid to the persons entitled thereto, where the payment does not exceed fifteen hundred dollars; but the person making such payment shall lodge notice of payment at the time

Current to June 20, 2022

Dominion Succession Duty Regulations Consent to Transfer of Property Sections 13-17

thereof with the Administrator of Succession Duties or a Director-Taxation on Form S.D. 17. 14 Bank or company deposits, claims in respect of salary or wages and gratuities may be paid where the payment does not exceed five hundred dollars; but the person making such payment shall lodge notice of payment at the time thereof with the Administrator of Succession Duties or a Director-Taxation on Form S.D. 18.

Notice of Assessment 15 The notice of assessment required by section 23 of the Act shall be in accordance with Form S.D. 7, and shall bear the signature or facsimile signature of the Deputy Minister written, printed or stamped thereon.

Security 16 The security required by section 27 of the Act shall be

given (a) by the deposit with the Receiver General of

Canada of a sum of money considered by the Deputy Minister to be sufficient; or (b) by a bond of indemnity, satisfactory to the Deputy Minister in a penal sum not less than double the amount of the whole or unpaid portion of the estimated duty. 17 Bonds shall be furnished, according to the circumstances, in one of the following forms: (a) where a company is appointed executor, administrator or trustee by the will of the deceased, or by the court, and the company is by the law of the province authorized to act without security in the administration of the estate, the bond shall be in accordance with Form S.D. 2. (b) all other executors and administrators shall have Form S.D. 2 endorsed by way of guarantee in support of the executor’s or administrator’s signature by a guarantee company satisfactory to the Deputy Minister; and (c) every bond required to be filed by a successor shall

be in accordance with Form S.D. 3 and shall be endorsed by way of guarantee by a guarantee company satisfactory to the Deputy Minister; every such bond shall be deposited with the Administrator of Succession Duties or a Director-Taxation.

Current to June 20, 2022

Dominion Succession Duty Regulations Security Sections 17-21

Statement of Debts 18 Debts claimed as allowances and not shown on Form S.D. 1 or S.D. 1 NR as being particular to the property described shall be declared on Form S.D. 14, and shall be filed with the Administrator of Succession Duties or a Director-Taxation at the time of the completion and filing of Form S.D. 1 or S.D. 1 NR; the Form S.D. 14 shall set forth general debts, in so far as they are then known, funeral expenses, surrogate, probate and other like court fees for which allowance is claimed.

Interest in Expectancy in Possession 19 Where an interest in expectancy falls into possession, and the duty thereon has not been paid, the executor, administrator or trustee, or the person who benefits by such interest in expectancy, shall furnish to a Director-Taxation on Form S.D. 1 where the deceased died domiciled within Canada, or to the Administrator of Succession Duties on Form S.D. 1 NR where the deceased died domiciled outside of Canada, a statement in detail showing particulars of the property in respect of which such interest in expectancy exists, and the value thereof at the time of falling into possession.

Certificate of Discharge 20 Where the Deputy Minister is satisfied that the succession duties have been paid in full by the person or persons who were liable therefor in respect of all properties included in successions from the deceased, he may cause to be issued a Certificate of Discharge on Form S.D. 9; the form shall be completed in the manner prescribed by section 11.

Valuation of Annuities 21 (1) The value of every annuity, term of years, life estate, income or other estate, and of every interest in expectancy, shall be determined

Current to June 20, 2022

Dominion Succession Duty Regulations Valuation of Annuities Section 21

(a) where the succession does not depend on life contingencies, on the basis of compound interest at the rate of four per centum per annum with annual rests; and (b) where the succession depends on life contingencies, on the basis of compound interest at the rate of four per centum per annum with annual rests, together with the standard of mortality as defined in Table II;

and Tables I, III and IV which are derived from the said bases, shall be used so far as they may be applicable in the valuation of any succession. (2) The amount of the duty payable in respect of any succession within the terms of paragraph (b) of subsection (3) of section 7 of the Act shall be determined in accordance with Table V. (3) Tables I, II, III, IV and V are contained in Schedule C

hereto.

Current to June 20, 2022

Dominion Succession Duty Regulations FORMS

FORMS GRAPHICS ARE NOT DISPLAYED, SEE SOR/54-743, PP. 849 TO 868

Current to June 20, 2022

Dominion Succession Duty Regulations SCHEDULE B Approved Trust Companies

SCHEDULE B

Approved Trust Companies The Acadia Trust Company Administration and Trust Company Barclays Trust Company of Canada British Canadian Trust Company The British Mortgage & Trust Corporation of Ontario The Brockville Trust and Savings Company The Canada Permanent Trust Company The Canada Trust Company The Central Trust Company of Canada Chartered Trust Company Co-operative Trust Company Limited Crown Trust Company Custodian Trust Company Limited The Eastern Trust Company The Equitable Trust Company Executors and Administrators Trust Company Limited General Trust of Canada Guaranty Trust Company of Canada Guardian Trust Company The Imperial Trust Company The Industrial Mortgage and Trust Company The Lambton Loan & Investment Company The Maritime Trust Company Montreal City & District Trustees Limited Montreal Safe Deposit Company Montreal Trust Company Morgan Trust Company Limited National Trust Company Limited The Nova Scotia Trust Company Okanagan Trust Company Osler & Nanton Trust Company The Premier Trust Company Prince Edward Island Trust Company Prudential Trust Co. Limited Retailers’ Trust Company Limited The Royal Trust Company The Security Trust Company Limited Sherbrooke Trust Company The Sterling Trusts Corporation Toole, Peet Trust Company The Toronto General Trusts Corporation Victoria & Grey Trust Company

Current to June 20, 2022

Dominion Succession Duty Regulations SCHEDULE B Approved Trust Companies

The Waterloo Trust & Savings Company Westminster Trust Company The Yorkshire & Canadian Trust Limited

Current to June 20, 2022

Dominion Succession Duty Regulations SCHEDULE C Tables

SCHEDULE C

Tables TABLE I

Present Value of Deferred Gifts Number of Years 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41

Current to June 20, 2022

Dominion Succession Duty Regulations SCHEDULE C Tables

Number of Years 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70

TABLE II

Prescribed Standard of Mortality Years of Age At Birth 1 2 3 4 5 6 7 8 9 10 11 12 13

Current to June 20, 2022

Dominion Succession Duty Regulations SCHEDULE C Tables

Years of Age 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61

Current to June 20, 2022

Dominion Succession Duty Regulations SCHEDULE C Tables

Years of Age 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109

Current to June 20, 2022

Dominion Succession Duty Regulations SCHEDULE C Tables

TABLE III

Present Value of Life Interests or Years of Age At Birth 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42

Current to June 20, 2022

Dominion Succession Duty Regulations SCHEDULE C Tables

Years of Age 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89

Current to June 20, 2022

Dominion Succession Duty Regulations SCHEDULE C Tables

Years of Age 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108

TABLE IV

Present Value of an Annuity for a Number of Years 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22

Current to June 20, 2022

Dominion Succession Duty Regulations SCHEDULE C Tables

Number of Years 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69

Current to June 20, 2022

Dominion Succession Duty Regulations SCHEDULE C Tables

Number of Years 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100

TABLE V

Soldiers’ Estates Age when killed

Normal Expectation of

Year

Yea

15.....................................................................

53 4

16.....................................................................

52 5

17.....................................................................

51 6

18.....................................................................

50 7

19.....................................................................

49 9

20.....................................................................

49 0

21.....................................................................

48 2

22.....................................................................

47 3

23.....................................................................

46 5

24.....................................................................

45 6

Current to June 20, 2022

Dominion Succession Duty Regulations SCHEDULE C Tables

Age when killed

Normal Expectation of

Year

Yea

25.....................................................................

44 8

26.....................................................................

43 9

27.....................................................................

43 1

28.....................................................................

42 2

29.....................................................................

41 4

30.....................................................................

40 5

31.....................................................................

39 6

32.....................................................................

38 8

33.....................................................................

37 9

34.....................................................................

37 1

35.....................................................................

36 2

36.....................................................................

35 3

37.....................................................................

34 5

38.....................................................................

33 6

39.....................................................................

32 8

40.....................................................................

31 9

41.....................................................................

31 1

42.....................................................................

30 2

43.....................................................................

29 4

44.....................................................................

28 6

45.....................................................................

27 7

46.....................................................................

26 9

47.....................................................................

26 1

48.....................................................................

25 3

49.....................................................................

24 5

50.....................................................................

23 7

51.....................................................................

22 9

52.....................................................................

22 1

53.....................................................................

21 3

54.....................................................................

20 6

55.....................................................................

19 8

56.....................................................................

19 1

57.....................................................................

18 4

58.....................................................................

17 6

59.....................................................................

16 9

60.....................................................................

16 2

61.....................................................................

15 6

62.....................................................................

14 9

63.....................................................................

14 2

64.....................................................................

13 6

65.....................................................................

12 9

66.....................................................................

12 3

67.....................................................................

11 7

68.....................................................................

11 1

69.....................................................................

10 6

70.....................................................................

10 0

71.....................................................................

Current to June 20, 2022

Dominion Succession Duty Regulations SCHEDULE C Tables

Age when killed

Normal Expectation of

Year

Yea

72.....................................................................

73.....................................................................

74.....................................................................

75.....................................................................

Current to June 20, 2022

Dominion Succession Duty Regulations SCHEDULE C (French)

ANNEXE C

Tables TABLE I

Valeur actuelle de donations diff Nombre d’années 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41

Current to June 20, 2022

Dominion Succession Duty Regulations SCHEDULE C (French)

Nombre d’années 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70

TABLE II

Échelle prescrite de mortalité Âge (années) À la naissance 1 2 3 4 5 6 7 8 9 10 11 12 13

Current to June 20, 2022

Dominion Succession Duty Regulations SCHEDULE C (French)

Âge (années) 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61

Current to June 20, 2022

Dominion Succession Duty Regulations SCHEDULE C (French)

Âge (années) 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109

Current to June 20, 2022

Dominion Succession Duty Regulations SCHEDULE C (French)

TABLE III

Valeur actuelle de droits viagers Âge (années) À la naissance 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42

Current to June 20, 2022

Dominion Succession Duty Regulations SCHEDULE C (French)

Âge (années) 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89

Current to June 20, 2022

Dominion Succession Duty Regulations SCHEDULE C (French)

Âge (années) 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108

TABLE IV

Valeur actuelle d’une annuité po Nombre d’années 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22

Current to June 20, 2022

Dominion Succession Duty Regulations SCHEDULE C (French)

Nombre d’années 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69

Current to June 20, 2022

Dominion Succession Duty Regulations SCHEDULE C (French)

Nombre d’années 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100

TABLE V

Successions de soldats Âge lors du décès

Période de vie probabl

Années

Anné

15.....................................................................

53 4

16.....................................................................

52 5

17.....................................................................

51 6

18.....................................................................

50 7

19.....................................................................

49 9

20.....................................................................

49 0

21.....................................................................

48 2

22.....................................................................

47 3

23.....................................................................

46 5

24.....................................................................

45 6

Current to June 20, 2022

Dominion Succession Duty Regulations SCHEDULE C (French)

Âge lors du décès

Période de vie probabl

Années

Anné

25.....................................................................

44 8

26.....................................................................

43 9

27.....................................................................

43 1

28.....................................................................

42 2

29.....................................................................

41 4

30.....................................................................

40 5

31.....................................................................

39 6

32.....................................................................

38 8

33.....................................................................

37 9

34.....................................................................

37 1

35.....................................................................

36 2

36.....................................................................

35 3

37.....................................................................

34 5

38.....................................................................

33 6

39.....................................................................

32 8

40.....................................................................

31 9

41.....................................................................

31 1

42.....................................................................

30 2

43.....................................................................

29 4

44.....................................................................

28 6

45.....................................................................

27 7

46.....................................................................

26 9

47.....................................................................

26 1

48.....................................................................

25 3

49.....................................................................

24 5

50.....................................................................

23 7

51.....................................................................

22 9

52.....................................................................

22 1

53.....................................................................

21 3

54.....................................................................

20 6

55.....................................................................

19 8

56.....................................................................

19 1

57.....................................................................

18 4

58.....................................................................

17 6

59.....................................................................

16 9

60.....................................................................

16 2

61.....................................................................

15 6

62.....................................................................

14 9

63.....................................................................

14 2

64.....................................................................

13 6

65.....................................................................

12 9

66.....................................................................

12 3

67.....................................................................

11 7

68.....................................................................

11 1

69.....................................................................

10 6

70.....................................................................

10 0

71.....................................................................

Current to June 20, 2022

Dominion Succession Duty Regulations SCHEDULE C (French)

Âge lors du décès

Période de vie probabl

Années

Anné

72.....................................................................

73.....................................................................

74.....................................................................

75.....................................................................

Current to June 20, 2022

