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Versions of s. 122(3), definition “taxable sift trust distributions”, para (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.

  1. 2017-12-14 to present available View Source
    the amount determined by the formula A/(1 - (B + C)) where A is its non-deductible distributions amount for the taxation year, B is the net corporate income tax rate in respect of the SIFT trust for the taxation year, and C is the provincial SIFT tax rate of the SIFT trust for the taxation year. (montant de distribution imposable)
    Full text

    the amount determined by the formula A/(1 - (B + C)) where A is its non-deductible distributions amount for the taxation year, B is the net corporate income tax rate in respect of the SIFT trust for the taxation year, and C is the provincial SIFT tax rate of the SIFT trust for the taxation year. (montant de distribution imposable)

  2. 2016-12-15 to 2017-12-14 View Source
    the amount determined by the formula A/(1 - (B + C)) where A is its non-deductible distributions amount for the taxation year, B is the net corporate income tax rate in respect of the SIFT trust for the taxation year, and C is the provincial SIFT tax rate of the SIFT trust for the taxation year. (montant de distribution imposable)
    Full text

    the amount determined by the formula A/(1 - (B + C)) where A is its non-deductible distributions amount for the taxation year, B is the net corporate income tax rate in respect of the SIFT trust for the taxation year, and C is the provincial SIFT tax rate of the SIFT trust for the taxation year. (montant de distribution imposable)

  3. 2008-06-18 to 2016-12-15 View Source
    the amount determined by the formula A/(1 - (B + C)) where A is its non-deductible distributions amount for the taxation year, B is the net corporate income tax rate in respect of the SIFT trust for the taxation year, and C is the provincial SIFT tax factorrate of the SIFT trust for the taxation year.
    Full text

    the amount determined by the formula A/(1 - (B + C)) where A is its non-deductible distributions amount for the taxation year, B is the net corporate income tax rate in respect of the SIFT trust for the taxation year, and C is the provincial SIFT tax rate of the SIFT trust for the taxation year.

  4. 2007-06-22 to 2008-06-18 View Source

    the amount determined by the formula A/(1 - (B + C)) where A is its non-deductible distributions amount for the taxation year, B is the net corporate income tax rate in respect of the SIFT trust for the taxation year, and C is the provincial SIFT tax factor for the taxation year.