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Versions of s. 137(4.3)(a)

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. 2015-06-23 to present available View Source
    the preferred-rate amount of a corporation at the end of a taxation year is andetermined amount equal toby the totalformula ofA + B/C where A is its preferred-rate amount at the end of its immediately preceding taxation yearyear, andB 100/17 ofis the amount deductible under section 125 from the tax for the taxation year otherwise payable by it under this Part;Part, and C is its small business deduction rate for the taxation year within the meaning of subsection 125(1.1);
    Full text

    the preferred-rate amount of a corporation at the end of a taxation year is determined by the formula A + B/C where A is its preferred-rate amount at the end of its immediately preceding taxation year, B is the amount deductible under section 125 from the tax for the taxation year otherwise payable by it under this Part, and C is its small business deduction rate for the taxation year within the meaning of subsection 125(1.1);

  2. 2013-06-26 to 2015-06-23 View Source
    the preferred-rate amount of a corporation at the end of a taxation year is an amount equal to the total of its preferred-rate amount at the end of its immediately preceding taxation year and 25/4100/17 of the amount deductible under section 125 from the tax for the year otherwise payable by it under this Part;
    Full text

    the preferred-rate amount of a corporation at the end of a taxation year is an amount equal to the total of its preferred-rate amount at the end of its immediately preceding taxation year and 100/17 of the amount deductible under section 125 from the tax for the year otherwise payable by it under this Part;

  3. 2004-08-31 to 2013-06-26 View Source

    the preferred-rate amount of a corporation at the end of a taxation year is an amount equal to the total of its preferred-rate amount at the end of its immediately preceding taxation year and 25/4 of the amount deductible under section 125 from the tax for the year otherwise payable by it under this Part;