Versions of s. 146.3(6.11)

I-3.3 — Income Tax Act · 2 versions · View current text

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

2015-06-23 to present available View Source

For the purpose of subparagraph 60(l)(v), the eligible amount of a particular individual for a taxation year in respect of a registered retirement income fund is nil unless the particular individual was A × [1 - ((B - C) / D)] where A is the portion of the designated benefit of the particular individual in respect of the fund that is included because of subsection 146.3(5) in computing the particular individual’s income for the year, B is the minimum amount under the fund for the year, C is the lesser of the total amounts included because of subsection 146.3(5) in computing the income of an annuitant under the fund for the year in respect of amounts received by the annuitant out of or under the fund, and the minimum amount under the fund for the year, and D is the total of all amounts each of which is the portion of a designated benefit of an individual in respect of the fund that is included because of subsection 146.3(5) in computing the individual’s income for the year.

Full text

For the purpose of subparagraph 60(l)(v), the eligible amount of a particular individual for a taxation year in respect of a registered retirement income fund is nil unless the particular individual was A × [1 - ((B - C) / D)] where A is the portion of the designated benefit of the particular individual in respect of the fund that is included because of subsection 146.3(5) in computing the particular individual’s income for the year, B is the minimum amount under the fund for the year, C is the lesser of the total amounts included because of subsection 146.3(5) in computing the income of an annuitant under the fund for the year in respect of amounts received by the annuitant out of or under the fund, and the minimum amount under the fund for the year, and D is the total of all amounts each of which is the portion of a designated benefit of an individual in respect of the fund that is included because of subsection 146.3(5) in computing the individual’s income for the year.
2004-08-31 to 2015-06-23 View Source

For the purpose of subparagraph 60(l)(v), the eligible amount of a particular individual for a taxation year in respect of a registered retirement income fund is nil unless the particular individual was A × [1 - ((B - C) / D)] where A is the portion of the designated benefit of the particular individual in respect of the fund that is included because of subsection 146.3(5) in computing the particular individual’s income for the year, B is the minimum amount under the fund for the year, C is the lesser of the total amounts included because of subsection 146.3(5) in computing the income of an annuitant under the fund for the year in respect of amounts received by the annuitant out of or under the fund, and the minimum amount under the fund for the year, and D is the total of all amounts each of which is the portion of a designated benefit of an individual in respect of the fund that is included because of subsection 146.3(5) in computing the individual’s income for the year.