Versions of s. 111(8), definition “pre 1986 capital loss balance”

pre-1986 capital loss balance of an individual for a particular taxation year means the amount determined by the formula(A + B) - (C + D + E + E.1) where A is the total of all amounts each of which is an amount determined by the formula F - G where F is the individual’s net capital loss for a taxation year ending before 1985, and G is the total of all amounts claimed under this section by the individual in respect of that loss in computing the individual’s taxable income for taxation years preceding the particular taxation year, and B is the amount determined by the formula H - I where H is the lesser of the amount of the individual’s net capital loss for the 1985 taxation year, and the amount, if any, by which the amount determined under subparagraph 3(e)(ii) of the Income Tax Act, chapter 148 of the Revised Statutes of Canada, 1952, in respect of the individual for the 1985 taxation year exceeds the amount deductible by reason of paragraph 3(e) of that Act in computing the individual’s taxable income for the 1985 taxation year, andI is the total of all amounts claimed under this section by the individual in respect of the individual’s net capital loss for the 1985 taxation year in computing the individual’s taxable income for taxation years preceding the particular taxation year, and I is the total of all amounts claimed under this section by the individual in respect of the individual’s net capital loss for the 1985 taxation year in computing the individual’s taxable income for taxation years preceding the particular taxation year, C is the total of all amounts deducted under section 110.6 in computing the individual’s taxable income for taxation years that ended before 1988 or begin after October 17, 2000, D is 3/4 of the total of all amounts each of which is an amount deducted under section 110.6 in computing the individual’s taxable income for a taxation year, preceding the particular year, that ended after 1987 and before 1990, or began after February 27, 2000 and ended before October 18, 2000, E is 2/3 of the total of all amounts deducted under section 110.6 in computing the individual’s taxable income for taxation years, preceding the particular year, that ended after 1989 and before February 28, 2000, and E.1 is the amount determined by the formula J × (0.5/K) where J is the amount deducted by the individual under section 110.6 for a taxation year of the individual, preceding the particular year, that includes February 28, 2000 or October 17, 2000, and K is the fraction in paragraph 38(a) that applies to the individual for the individual’s taxation year referred to in the description of J. (solde des pertes en capital subies avant 1986)

pre-1986 capital loss balance of an individual for a particular taxation year means the amount determined by the formula(A + B) - (C + D + E + E.1) where A is the total of all amounts each of which is an amount determined by the formula F - G where F is the individual’s net capital loss for a taxation year ending before 1985, and G is the total of all amounts claimed under this section by the individual in respect of that loss in computing the individual’s taxable income for taxation years preceding the particular taxation year, and B is the amount determined by the formula H - I where H is the lesser of the amount of the individual’s net capital loss for the 1985 taxation year, and the amount, if any, by which the amount determined under subparagraph 3(e)(ii) of the Income Tax Act, chapter 148 of the Revised Statutes of Canada, 1952, in respect of the individual for the 1985 taxation year exceeds the amount deductible by reason of paragraph 3(e) of that Act in computing the individual’s taxable income for the 1985 taxation year, andI is the total of all amounts claimed under this section by the individual in respect of the individual’s net capital loss for the 1985 taxation year in computing the individual’s taxable income for taxation years preceding the particular taxation year, and I is the total of all amounts claimed under this section by the individual in respect of the individual’s net capital loss for the 1985 taxation year in computing the individual’s taxable income for taxation years preceding the particular taxation year, C is the total of all amounts deducted under section 110.6 in computing the individual’s taxable income for taxation years that ended before 1988 or begin after October 17, 2000, D is 3/4 of the total of all amounts each of which is an amount deducted under section 110.6 in computing the individual’s taxable income for a taxation year, preceding the particular year, that ended after 1987 and before 1990, or began after February 27, 2000 and ended before October 18, 2000, E is 2/3 of the total of all amounts deducted under section 110.6 in computing the individual’s taxable income for taxation years, preceding the particular year, that ended after 1989 and before February 28, 2000, and E.1 is the amount determined by the formula J × (0.5/K) where J is the amount deducted by the individual under section 110.6 for a taxation year of the individual, preceding the particular year, that includes February 28, 2000 or October 17, 2000, and K is the fraction in paragraph 38(a) that applies to the individual for the individual’s taxation year referred to in the description of J.