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Versions of s. 134.1(2)

I-3.3 — Income Tax Act · 2 versions · View current text

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

  1. 2013-06-26 to present available View Source
    AFor the purposes of applying subsections 104(10) and (11) and 133(6) to (9) (other than the definition non-resident-owned investment corporation toin whichsubsection this133(8)), section applies212 and any tax treaty, a corporation described in subsection (1) is deemed to be a non-resident-owned investment corporation in its first non-NRO year for the purposes of applying, in respect of dividends paid in that year on shares of its capital stock in its first non-NRO year to a non-resident personperson, to a trust for the benefit of non-resident persons or their unborn issue or to a non-resident-owned investment corporation, subsections 133(6) to (9) (other than the definition non-resident-owned investment corporation in subsection 133(8)) and section 212 and any tax treaty.corporation.
    Full text

    For the purposes of applying subsections 104(10) and (11) and 133(6) to (9) (other than the definition non-resident-owned investment corporation in subsection 133(8)), section 212 and any tax treaty, a corporation described in subsection (1) is deemed to be a non-resident-owned investment corporation in its first non-NRO year in respect of dividends paid in that year on shares of its capital stock to a non-resident person, to a trust for the benefit of non-resident persons or their unborn issue or to a non-resident-owned investment corporation.

  2. 2004-08-31 to 2013-06-26 View Source

    A corporation to which this section applies is deemed to be a non-resident-owned investment corporation in its first non-NRO year for the purposes of applying, in respect of dividends paid on shares of its capital stock in its first non-NRO year to a non-resident person or a non-resident-owned investment corporation, subsections 133(6) to (9) (other than the definition non-resident-owned investment corporation in subsection 133(8)) and section 212 and any tax treaty.