← Historical versions

Versions of s. 125.2(3)(b)

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 2013-06-26 View Source

    the amount determined by the formula A - B where A is its tax payable under Part VI for the year (determined without reference to subsection 190.1(3)), and B is the amount, if any, by which the amount that would, but for this section, be its tax payable under this Part for the year exceeds the lesser of its Canadian surtax payable (within the meaning assigned by subsection 125.3(4)) and the amount that would, but for subsection 181.1(4), be its tax payable under Part I.3 for the year.