Versions of s. 122(1)(b)

I-3.3 — Income Tax Act · 4 versions · View current text

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

2017-12-14 to present available View Source

if the trust is a SIFT trust for the taxation year, the positive or negative amount determined by the formula A × B where A is the positive or negative decimal fraction determined by the formula C + D - E where C is the net corporate income tax rate in respect of the SIFT trust for the taxation year, D is the provincial SIFT tax rate of the SIFT trust for the taxation year, and E is the decimal fraction equivalent of the percentage rate of tax provided in paragraph (a) for the taxation year, and B is the SIFT trust’s taxable SIFT trust distributions for the taxation year, and

Full text

if the trust is a SIFT trust for the taxation year, the positive or negative amount determined by the formula A × B where A is the positive or negative decimal fraction determined by the formula C + D - E where C is the net corporate income tax rate in respect of the SIFT trust for the taxation year, D is the provincial SIFT tax rate of the SIFT trust for the taxation year, and E is the decimal fraction equivalent of the percentage rate of tax provided in paragraph (a) for the taxation year, and B is the SIFT trust’s taxable SIFT trust distributions for the taxation year, and
2014-12-16 to 2017-12-14 View Source

if the trust is a SIFT trust for the taxation year, the positive or negative amount determined by the formula A × B where A is the positive or negative decimal fraction determined by the formula C + D - E where C is the net corporate income tax rate in respect of the SIFT trust for the taxation year, D is the provincial SIFT tax rate of the SIFT trust for the taxation year, and E is the decimal fraction equivalent of the percentage rate of tax provided in paragraph (a) for the taxation year, and B is the SIFT trust’s taxable SIFT trust distributions for the taxation ~~year.~~year, and

Full text

if the trust is a SIFT trust for the taxation year, the positive or negative amount determined by the formula A × B where A is the positive or negative decimal fraction determined by the formula C + D - E where C is the net corporate income tax rate in respect of the SIFT trust for the taxation year, D is the provincial SIFT tax rate of the SIFT trust for the taxation year, and E is the decimal fraction equivalent of the percentage rate of tax provided in paragraph (a) for the taxation year, and B is the SIFT trust’s taxable SIFT trust distributions for the taxation year, and
2008-06-18 to 2014-12-16 View Source

if the trust is a SIFT trust for the taxation year, the positive or negative amount determined by the formula A × B where A is the positive or negative decimal fraction determined by the formula C + D - E where C is the net corporate income tax rate in respect of the SIFT trust for the taxation year, D is the provincial SIFT tax ~~factor~~rate of the SIFT trust for the taxation year, and E is the decimal fraction equivalent of the percentage rate of tax provided in paragraph (a) for the taxation year, and B is the SIFT trust’s taxable SIFT trust distributions for the taxation year.

Full text

if the trust is a SIFT trust for the taxation year, the positive or negative amount determined by the formula A × B where A is the positive or negative decimal fraction determined by the formula C + D - E where C is the net corporate income tax rate in respect of the SIFT trust for the taxation year, D is the provincial SIFT tax rate of the SIFT trust for the taxation year, and E is the decimal fraction equivalent of the percentage rate of tax provided in paragraph (a) for the taxation year, and B is the SIFT trust’s taxable SIFT trust distributions for the taxation year.
2007-06-22 to 2008-06-18 View Source

if the trust is a SIFT trust for the taxation year, the positive or negative amount determined by the formula A × B where A is the positive or negative decimal fraction determined by the formula C + D - E where C is the net corporate income tax rate in respect of the SIFT trust for the taxation year, D is the provincial SIFT tax factor for the taxation year, and E is the decimal fraction equivalent of the percentage rate of tax provided in paragraph (a) for the taxation year, and B is the SIFT trust’s taxable SIFT trust distributions for the taxation year.