Versions of s. 162(10)

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.

2018-06-21 to present available View Source

Every person or partnership who,($500 × A × B) - C where A is where paragraph 162(10)(a) applies, the lesser of 24 and the number of months, beginning with the month in which the return was required to be filed, during any part of which the return has not been filed, and where paragraph 162(10)(b) applies, the lesser of 24 and the number of months, beginning with the month in which the demand was served, during any part of which the return has not been filed, B is where the person or partnership has failed to comply with a demand under section 233 to file a return, 2, and in any other case, 1, and C is the penalty to which the person or partnership is liable under subsection 162(7) in respect of the return.

Full text

Every person or partnership who,($500 × A × B) - C where A is where paragraph 162(10)(a) applies, the lesser of 24 and the number of months, beginning with the month in which the return was required to be filed, during any part of which the return has not been filed, and where paragraph 162(10)(b) applies, the lesser of 24 and the number of months, beginning with the month in which the demand was served, during any part of which the return has not been filed, B is where the person or partnership has failed to comply with a demand under section 233 to file a return, 2, and in any other case, 1, and C is the penalty to which the person or partnership is liable under subsection 162(7) in respect of the return.
2004-08-31 to 2018-06-21 View Source

Every person or partnership who,($500 × A × B) - C where A is where paragraph 162(10)(a) applies, the lesser of 24 and the number of months, beginning with the month in which the return was required to be filed, during any part of which the return has not been filed, and where paragraph 162(10)(b) applies, the lesser of 24 and the number of months, beginning with the month in which the demand was served, during any part of which the return has not been filed, B is where the person or partnership has failed to comply with a demand under section 233 to file a return, 2, and in any other case, 1, and C is the penalty to which the person or partnership is liable under subsection 162(7) in respect of the return.