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← Historical versions

Versions of s. 128.1(3)

I-3.3 — Income Tax Act · 3 versions · View current text

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

  1. 2018-12-13 to present available View Source
    In computing the paid-up capital at any time in respect of a class of shares of the capital stock of a corporation
    Full text

    In computing the paid-up capital at any time in respect of a class of shares of the capital stock of a corporation

  2. 2012-12-14 to 2018-12-13 View Source
    In computing the paid-up capital at any time in respect of a class of shares of the corporation’s capital stock, there shall be deducted an amount equal to the lesserstock of A and B, and added an amount equal to the lesser of A and C, where A is the absolute value of the difference between the total of all amounts deemed by subsection 84(3), (4) or (4.1) to be a dividend on shares of the class paid before that time by the corporation, and the total that would be determined under paragraph (a) if this Act were read without reference to subsection (2), B is the total of all amounts required by subsection (2) to be added in computing the paid-up capital in respect of the class before that time, and C is the total of all amounts required by subsection (2) to be subtracted in computing the paid-up capital in respect of the class before that time.corporation
    Full text

    In computing the paid-up capital at any time in respect of a class of shares of the capital stock of a corporation

  3. 2004-08-31 to 2012-12-14 View Source

    In computing the paid-up capital at any time in respect of a class of shares of the corporation’s capital stock, there shall be deducted an amount equal to the lesser of A and B, and added an amount equal to the lesser of A and C, where A is the absolute value of the difference between the total of all amounts deemed by subsection 84(3), (4) or (4.1) to be a dividend on shares of the class paid before that time by the corporation, and the total that would be determined under paragraph (a) if this Act were read without reference to subsection (2), B is the total of all amounts required by subsection (2) to be added in computing the paid-up capital in respect of the class before that time, and C is the total of all amounts required by subsection (2) to be subtracted in computing the paid-up capital in respect of the class before that time.