Versions of s. 138(24)(b)

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 included, 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 C –− D where C is the amount deducted under subsection (17) in computing the ~~life~~ insurer’s income from the discontinued business for its transition year, and D is the total of all amounts each of which is an amount included under subsection (19) in computing the ~~life~~ insurer’s income from the discontinued business for a taxation year that began before that time.

Full text

there shall be included, 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 C − D where C is the amount deducted under subsection (17) in computing the insurer’s income from the discontinued business for its transition year, and D is the total of all amounts each of which is an amount included under subsection (19) in computing the insurer’s income from the discontinued business for a taxation year that began before that time.
2017-12-14 to 2023-01-01 View Source

there shall be included, 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 C – D where C is the amount deducted under subsection (17) in computing the life insurer’s income from the discontinued business for its transition year, and D is the total of all amounts each of which is an amount included under subsection (19) in computing the life insurer’s income from the discontinued business for a taxation year that began before that time.

Full text

there shall be included, 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 C – D where C is the amount deducted under subsection (17) in computing the life insurer’s income from the discontinued business for its transition year, and D is the total of all amounts each of which is an amount included under subsection (19) in computing the life insurer’s income from the discontinued business for a taxation year that began before that time.
2009-03-12 to 2017-12-14 View Source

there shall be included, 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 C – D where C is the amount deducted under subsection (17) in computing the life insurer’s income from the discontinued business for its transition year, and D is the total of all amounts each of which is an amount included under subsection (19) in computing the life insurer’s income from the discontinued business for a taxation year that began before that time.