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Versions of s. 107.4(3)(e)(ii)

I-3.3 — Income Tax Act · 1 version

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

  1. 2004-08-31 to 2017-01-01 View Source

    for the purpose of determining after the particular time the amount required by paragraph 14(1)(b) to be included in computing the transferee trust’s income in respect of any subsequent disposition of the property of the business, there shall be added to the value otherwise determined for Q in the definition cumulative eligible capital in subsection 14(5) the amount determined by the formula A × (B/C) where A is the amount, if any, determined for Q in that definition in respect of the business of the transferor immediately before the particular time, B is the fair market value of the property immediately before the particular time, and C is the fair market value immediately before the particular time of all eligible capital property of the transferor in respect of the business;