Versions of s. 143(3.1)(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.

2014-12-16 to present available View Source

each participating member of the congregation is deemed to have made, in the year, such a gift the eligible amount of which is the amount determined by the formula A × B/C where A is the eligible amount of the gift made by the trust, B is the amount determined for the year in respect of the member under paragraph(2)(a) as a consequence of an election under subsection (2) by the trust, and C is the total of all amounts each of which is an amount determined for the year in respect of a participating member of the congregation under paragraph (2)(a) as a consequence of an election under subsection (2) by the trust.

Full text

each participating member of the congregation is deemed to have made, in the year, such a gift the eligible amount of which is the amount determined by the formula A × B/C where A is the eligible amount of the gift made by the trust, B is the amount determined for the year in respect of the member under paragraph(2)(a) as a consequence of an election under subsection (2) by the trust, and C is the total of all amounts each of which is an amount determined for the year in respect of a participating member of the congregation under paragraph (2)(a) as a consequence of an election under subsection (2) by the trust.
2013-06-26 to 2014-12-16 View Source

each participating member of the congregation is deemed to have made, in the year, such a gift the ~~fair~~eligible ~~market value~~amount of which is the amount determined by the formula A × B/C where A is the ~~fair~~eligible ~~market value~~amount of the gift made by the trust, B is the amount determined for the year in respect of the member under paragraph(2)(a) as a consequence of an election under subsection (2) by the trust, and C is the total of all amounts each of which is an amount determined for the year in respect of a participating member of the congregation under paragraph (2)(a) as a consequence of an election under subsection (2) by the trust.

Full text

each participating member of the congregation is deemed to have made, in the year, such a gift the eligible amount of which is the amount determined by the formula A × B/C where A is the eligible amount of the gift made by the trust, B is the amount determined for the year in respect of the member under paragraph(2)(a) as a consequence of an election under subsection (2) by the trust, and C is the total of all amounts each of which is an amount determined for the year in respect of a participating member of the congregation under paragraph (2)(a) as a consequence of an election under subsection (2) by the trust.
2004-08-31 to 2013-06-26 View Source

each participating member of the congregation is deemed to have made, in the year, such a gift the fair market value of which is the amount determined by the formula A × B/C where A is the fair market value of the gift made by the trust, B is the amount determined for the year in respect of the member under paragraph(2)(a) as a consequence of an election under subsection (2) by the trust, and C is the total of all amounts each of which is an amount determined for the year in respect of a participating member of the congregation under paragraph (2)(a) as a consequence of an election under subsection (2) by the trust.