Versions of s. 188.1(3.5)(a)

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.

2011-12-15 to present available View Source

the insider is deemed to hold at the particular time, in addition to any shares of the capital stock of the subject corporation that it holds otherwise than because of this subsection, the number of shares, of the class of shares referred to in paragraph (3.3)(c), determined by the formula A × B/C where A is the number of shares of that class that are held, directly or indirectly, by the trust at the particular time, B is the total fair market value of all interests held by the insider in the trust at the particular time, and C is the total fair market value of all property held by the trust at the particular time;

Full text

the insider is deemed to hold at the particular time, in addition to any shares of the capital stock of the subject corporation that it holds otherwise than because of this subsection, the number of shares, of the class of shares referred to in paragraph (3.3)(c), determined by the formula A × B/C where A is the number of shares of that class that are held, directly or indirectly, by the trust at the particular time, B is the total fair market value of all interests held by the insider in the trust at the particular time, and C is the total fair market value of all property held by the trust at the particular time;
2009-03-12 to 2011-12-15 View Source

the insider is deemed to hold at the particular time, in addition to any shares of the capital stock of the subject corporation that it holds otherwise than because of this subsection, the number of shares, of the class of shares referred to in paragraph (3.3)(c), determined by the formula A × B/C where A is the number of shares of that class that are held, directly or indirectly, by the trust at the particular time, B is the total fair market value of all interests held by the insider in the trust at the particular time, and C is the total fair market value of all property held by the trust at the particular time;