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Versions of s. 107.3(3)(c)

I-3.3 — Income Tax Act · 2 versions · View current text

Historical text comes from the Justice Laws point-in-time corpus and is unofficial — not the official version.

  1. 2013-12-12 to present available View Source
    each beneficiary under the trust immediately before that time shall beis deemed to have received at that time from the trust an amount equal to the percentage of the fair market value of the properties of the trustacquire immediately after that time that can reasonably be considered to be the beneficiary’san interest in the trust;trust andat a cost equal to the amount deemed by paragraph (b) to be received by the beneficiary from the trust.
    Full text

    each beneficiary under the trust is deemed to acquire immediately after that time an interest in the trust at a cost equal to the amount deemed by paragraph (b) to be received by the beneficiary from the trust.

  2. 2004-08-31 to 2013-12-12 View Source

    each beneficiary under the trust immediately before that time shall be deemed to have received at that time from the trust an amount equal to the percentage of the fair market value of the properties of the trust immediately after that time that can reasonably be considered to be the beneficiary’s interest in the trust; and