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← Historical versions

Versions of s. 190.15(1)

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.

  1. 2007-02-21 to present available View Source
    For the purposes of this Part, the capital deduction of a corporation for a taxation year during which it was at any time a financial institution is $1 billion unless the totalcorporation was related to another financial institution at the end of $200,000,000the andyear, in which case, subject to subsection (4), its capital deduction for the lesseryear ofis nil.
    Full text

    For the purposes of this Part, the capital deduction of a corporation for a taxation year during which it was at any time a financial institution is $1 billion unless the corporation was related to another financial institution at the end of the year, in which case, subject to subsection (4), its capital deduction for the year is nil.

  2. 2004-08-31 to 2007-02-21 View Source

    For the purposes of this Part, the capital deduction of a corporation for a taxation year during which it was at any time a financial institution is the total of $200,000,000 and the lesser of