Versions of s. 160(1.6)

If a trust, any purchaser corporation owned by the trust and a taxpayer have jointly elected under paragraph 110.61(1)(e) in respect of a disposition of shares of the capital stock of a corporation and paragraph 110.61(4)(a) applies, the trust, the purchaser corporation (if applicable) and the taxpayer are jointly and severally, or solidarily, liable for the tax payable by the taxpayer under this Part to the extent that the tax payable by the taxpayer is greater than it would have been if the disposition had satisfied the conditions of section 110.61.