Versions of s. 138(24)(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.

2023-01-01 to present available View Source

there shall be deducted, in computing the ~~life~~ insurer’s income from the discontinued business for the ~~life~~ insurer’s taxation year that includes the time that is immediately before that time, the amount determined by the formula A –− B where A is the amount included under subsection (16) in computing the ~~life~~ insurer’s income from the discontinued business for its transition year, and B is the total of all amounts each of which is an amount deducted under subsection (18) in computing the ~~life~~ insurer’s income from the discontinued business for a taxation year that began before that time; and

Full text

there shall be deducted, in computing the insurer’s income from the discontinued business for the insurer’s taxation year that includes the time that is immediately before that time, the amount determined by the formula A − B where A is the amount included under subsection (16) in computing the insurer’s income from the discontinued business for its transition year, and B is the total of all amounts each of which is an amount deducted under subsection (18) in computing the insurer’s income from the discontinued business for a taxation year that began before that time; and
2017-12-14 to 2023-01-01 View Source

there shall be deducted, in computing the life insurer’s income from the discontinued business for the life insurer’s taxation year that includes the time that is immediately before that time, the amount determined by the formula A – B where A is the amount included under subsection (16) in computing the life insurer’s income from the discontinued business for its transition year, and B is the total of all amounts each of which is an amount deducted under subsection (18) in computing the life insurer’s income from the discontinued business for a taxation year that began before that time; and

Full text

there shall be deducted, in computing the life insurer’s income from the discontinued business for the life insurer’s taxation year that includes the time that is immediately before that time, the amount determined by the formula A – B where A is the amount included under subsection (16) in computing the life insurer’s income from the discontinued business for its transition year, and B is the total of all amounts each of which is an amount deducted under subsection (18) in computing the life insurer’s income from the discontinued business for a taxation year that began before that time; and
2009-03-12 to 2017-12-14 View Source

there shall be deducted, in computing the life insurer’s income from the discontinued business for the life insurer’s taxation year that includes the time that is immediately before that time, the amount determined by the formula A – B where A is the amount included under subsection (16) in computing the life insurer’s income from the discontinued business for its transition year, and B is the total of all amounts each of which is an amount deducted under subsection (18) in computing the life insurer’s income from the discontinued business for a taxation year that began before that time; and