Versions of s. 129(4.2)

If this subsection applies in respect of a particular taxation year of a corporation, for the purpose of determining the amount under paragraph (a) of the definition eligible refundable dividend tax on hand in subsection (4), in respect of the corporation at the end of the year, the amount determined under subsection 186(1) in respect of the corporation for the year is deemed to be the amount determined by the formula A + B − C where A is the amount determined under paragraph 186(1)(a) in respect of the corporation for the year in respect of eligible dividends; B is the amount determined under paragraph 186(1)(b) in respect of the corporation for the year in respect of dividends that resulted in dividend refunds from the eligible refundable dividend tax on hand of other corporations; and C is the amount determined by the formula 38 1/3% (D + E) − (F + G) where D is the amount claimed by the corporation under paragraph 186(1)(c) for the year, E is the amount claimed by the corporation under paragraph 186(1)(d) for the year, F is the amount determined under paragraph 186(1)(a) in respect of the corporation for the year in respect of taxable dividends (other than eligible dividends), and G is the amount determined under paragraph 186(1)(b) in respect of the corporation for the year in respect of dividends that resulted in dividend refunds from the non-eligible refundable dividend tax on hand of other corporations.