Versions of s. 18.4(1), definition “canadian ordinary income”, para (c)

determined by the formula E × F where E is the amount determined by the formula G × H where G is an amount that is included in respect of the payment in computing the foreign accrual property income of a controlled foreign affiliate of the taxpayer for a taxation year (as defined in subsection 95(1)) of the affiliate ending in the year, except to the extent the amount can reasonably be considered to be excluded, reduced, offset or otherwise effectively sheltered for any reason described in subparagraph (a)(iii), and H is the aggregate participating percentage (as defined in subsection 91(1.3)) of the taxpayer in respect of the affiliate for the taxation year of the affiliate, and F is if the taxpayer is a partnership, the amount determined by the formula I ÷ E where I is the total of all amounts each of which is a share of the amount determined for E of a member of the partnership that is a person resident in Canada, and in any other case, 1. (revenu ordinaire canadien)