Versions of s. 146(1), definition “net past service pension adjustment”

I-3.3 — Income Tax Act · 4 versions · View current text

Historical text comes from the Justice Laws point-in-time corpus and is unofficial — not the official version.

2023-06-22 to present available View Source

net past service pension adjustment of a taxpayer for a taxation year means the positive or negative amount determined by the formula P + Q - G where P is the total of all amounts each of which is the taxpayer’s past service pension adjustment for the year in respect of an employer, Q is the total of all amounts each of which is the amount of a contribution made under subsection 147.1(20), or deemed by prescribed ~~amount~~rules to have been made, in respect of the taxpayer for the immediately preceding year, and G is the amount of the taxpayer’s PSPA withdrawals for the year, determined as of the end of the year in accordance with prescribed rules; (facteur d’équivalence pour services passés net)

Full text

net past service pension adjustment of a taxpayer for a taxation year means the positive or negative amount determined by the formula P + Q - G where P is the total of all amounts each of which is the taxpayer’s past service pension adjustment for the year in respect of an employer, Q is the total of all amounts each of which is the amount of a contribution made under subsection 147.1(20), or deemed by prescribed rules to have been made, in respect of the taxpayer for the immediately preceding year, and G is the amount of the taxpayer’s PSPA withdrawals for the year, determined as of the end of the year in accordance with prescribed rules; (facteur d’équivalence pour services passés net)
2017-12-14 to 2023-06-22 View Source

net past service pension adjustment of a taxpayer for a taxation year means the positive or negative amount determined by the formula P + Q - G where P is the total of all amounts each of which is the taxpayer’s past service pension adjustment for the year in respect of an employer, Q is the total of all amounts each of which is a prescribed amount in respect of the taxpayer for the year, and G is the amount of the taxpayer’s PSPA withdrawals for the year, determined as of the end of the year in accordance with prescribed rules; (facteur d’équivalence pour services passés net)

Full text

net past service pension adjustment of a taxpayer for a taxation year means the positive or negative amount determined by the formula P + Q - G where P is the total of all amounts each of which is the taxpayer’s past service pension adjustment for the year in respect of an employer, Q is the total of all amounts each of which is a prescribed amount in respect of the taxpayer for the year, and G is the amount of the taxpayer’s PSPA withdrawals for the year, determined as of the end of the year in accordance with prescribed rules; (facteur d’équivalence pour services passés net)
2017-01-01 to 2017-12-14 View Source

net past service pension adjustment of a taxpayer for a taxation year means the positive or negative amount determined by the formula P + Q - G where P is the total of all amounts each of which is the taxpayer’s past service pension adjustment for the year in respect of an employer, Q is the total of all amounts each of which is a prescribed amount in respect of the taxpayer for the year, and G is the amount of the taxpayer’s PSPA withdrawals for the year, determined as of the end of the year in accordance with prescribed rules; (facteur d’équivalence pour services passés net)

Full text

net past service pension adjustment of a taxpayer for a taxation year means the positive or negative amount determined by the formula P + Q - G where P is the total of all amounts each of which is the taxpayer’s past service pension adjustment for the year in respect of an employer, Q is the total of all amounts each of which is a prescribed amount in respect of the taxpayer for the year, and G is the amount of the taxpayer’s PSPA withdrawals for the year, determined as of the end of the year in accordance with prescribed rules; (facteur d’équivalence pour services passés net)
2004-08-31 to 2017-01-01 View Source

net past service pension adjustment of a taxpayer for a taxation year means the positive or negative amount determined by the formula P + Q - G where P is the total of all amounts each of which is the taxpayer’s past service pension adjustment for the year in respect of an employer, Q is the total of all amounts each of which is a prescribed amount in respect of the taxpayer for the year, and G is the amount of the taxpayer’s PSPA withdrawals for the year, determined as of the end of the year in accordance with prescribed rules;