Hyperlawhypertext legal database Income Tax Act

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Versions of s. 129(5)(a)(i)(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. 2019-01-01 to present available View Source

    the amount determined by the formula(C − D) × E where C is the corporation’s general rate income pool at the end of its preceding taxation year, D is the amount, if any, by which the total of all amounts each of which is an eligible dividend paid by the corporation in its preceding taxation year exceeds the total of all amounts each of which is an excessive eligible dividend designation made by the corporation in its preceding taxation year, and E is 38 1/3%, and