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Versions of s. 149(10)(a.1)

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.

  1. 2019-01-01 to present available View Source
    for the purpose of computing the person’s income for its first taxation year that ends after that time, the person is deemed to have deducted under sections 20, 138 and 140 in computing the person’s income for its taxation year that ended immediately before that time, the greatest amount that could have been claimed or deducted by the person for that year as a reserve under those sections;
    Full text

    for the purpose of computing the person’s income for its first taxation year that ends after that time, the person is deemed to have deducted under sections 20, 138 and 140 in computing the person’s income for its taxation year that ended immediately before that time, the greatest amount that could have been claimed or deducted by the person for that year as a reserve under those sections;

  2. 2013-12-12 to 2019-01-01 View Source
    for the purpose of computing the corporation’sperson’s income for its first taxation year endingthat ends after that time, the corporationperson shall beis deemed to have deducted under sections 20, 138 and 140 in computing itsthe person’s income for its taxation year endingthat ended immediately before that time, the greatest amount that could have been claimed or deducted by the person for that year as a reserve under those sections;
    Full text

    for the purpose of computing the person’s income for its first taxation year that ends after that time, the person is deemed to have deducted under sections 20, 138 and 140 in computing the person’s income for its taxation year that ended immediately before that time, the greatest amount that could have been claimed or deducted by the person for that year as a reserve under those sections;

  3. 2004-08-31 to 2013-12-12 View Source

    for the purpose of computing the corporation’s income for its first taxation year ending after that time, the corporation shall be deemed to have deducted under sections 20, 138 and 140 in computing its income for its taxation year ending immediately before that time, the greatest amount that could have been claimed or deducted for that year as a reserve under those sections;