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Versions of s. 111(5.1)

I-3.3 — Income Tax Act · 3 versions · View current text

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

  1. 2018-01-01 to present available View Source
    Subject to subsection (5.5), if at any time a taxpayer is subject to a loss restriction event and, if this Act were read without reference to subsection 13(24), the undepreciated capital cost to the taxpayer of depreciable property of a prescribed class immediately before that time would have exceeded the total of
    Full text

    Subject to subsection (5.5), if at any time a taxpayer is subject to a loss restriction event and, if this Act were read without reference to subsection 13(24), the undepreciated capital cost to the taxpayer of depreciable property of a prescribed class immediately before that time would have exceeded the total of

  2. 2013-12-12 to 2018-01-01 View Source
    Where,Subject to subsection (5.5), if at any time, control oftime a corporationtaxpayer (otheris thansubject to a corporationloss thatrestriction at that time became or ceased to be exempt from tax under this Part on its taxable income) has been acquired by a person or group of personsevent and, if this Act were read without reference to subsection 13(24), the undepreciated capital cost to the corporationtaxpayer of depreciable property of a prescribed class immediately before that time would have exceeded the total of
    Full text

    Subject to subsection (5.5), if at any time a taxpayer is subject to a loss restriction event and, if this Act were read without reference to subsection 13(24), the undepreciated capital cost to the taxpayer of depreciable property of a prescribed class immediately before that time would have exceeded the total of

  3. 2004-08-31 to 2013-12-12 View Source

    Where, at any time, control of a corporation (other than a corporation that at that time became or ceased to be exempt from tax under this Part on its taxable income) has been acquired by a person or group of persons and, if this Act were read without reference to subsection 13(24), the undepreciated capital cost to the corporation of depreciable property of a prescribed class immediately before that time would have exceeded the total of