Hyperlawhypertext legal database Income Tax Act

← Historical versions

Versions of s. 127.42(1), definition “relevant proportion”, para (b)

I-3.3 — Income Tax Act · 1 version · View current text

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

  1. 2022-06-09 to present available View Source

    if the taxpayer is a corporation, the proportion determined by the formula C ÷ D where C is the corporation’s taxable income that is deemed to have been earned in the year in the designated province in accordance with Part IV of the Income Tax Regulations, and D is the whole of the corporation’s taxable income for the year; and