Versions of s. 18.2(1), definition “excluded entity”, para (c)(iii)(B)(I)

if the taxpayer or the eligible group entity in respect of the taxpayer is a corporation, shares, or a right to acquire shares, of the capital stock of the taxpayer or an eligible group entity in respect of the taxpayer that, either alone or together with shares, or rights to acquire shares, held by persons or partnerships with whom the partnership does not deal at arm’s length, provide 25% or more of the votes that could be cast at an annual meeting of the shareholders of the corporation, or have 25% or more of the fair market value of all capital stock in the corporation, or