Versions of s. 135(3)

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.

2006-06-22 to present available View Source

~~Where~~Subject to subsection 135.1(6), a taxpayer who makes at any particular time in a calendar year ~~and after 1971~~ a payment pursuant to an allocation in proportion to patronage ~~is made by a taxpayer~~ to a person who is resident in Canada and is not exempt from tax under section ~~149, the taxpayer~~149 shall, notwithstanding any agreement or any law to the contrary, deduct or withhold ~~therefrom~~from the payment an amount equal to 15% of the lesser of the amount of the payment and the amount, if any, by which

Full text

Subject to subsection 135.1(6), a taxpayer who makes at any particular time in a calendar year a payment pursuant to an allocation in proportion to patronage to a person who is resident in Canada and is not exempt from tax under section 149 shall, notwithstanding any agreement or any law to the contrary, deduct or withhold from the payment an amount equal to 15% of the lesser of the amount of the payment and the amount, if any, by which
2004-08-31 to 2006-06-22 View Source

Where at any particular time in a calendar year and after 1971 a payment pursuant to an allocation in proportion to patronage is made by a taxpayer to a person who is resident in Canada and is not exempt from tax under section 149, the taxpayer shall, notwithstanding any agreement or any law to the contrary, deduct or withhold therefrom an amount equal to 15% of the lesser of the amount of the payment and the amount, if any, by which