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← Historical versions

Versions of s. 197(2)

I-3.3 — Income Tax Act · 3 versions · View current text

Historical text comes from the Justice Laws point-in-time corpus and is unofficial — not the official version.

  1. 2013-12-12 to present available View Source
    Every partnership that is a SIFT partnership for a taxation year is liable to a tax under this Part equal to the amount determined by the formula A × (B + C) where A is the taxable non-portfolio earnings of the SIFT partnership for the taxation year; B is the net corporate income tax rate in respect of the SIFT partnership for the taxation year; and C is the provincial SIFT tax rate of the SIFT partnership for the taxation year.
    Full text

    Every partnership that is a SIFT partnership for a taxation year is liable to a tax under this Part equal to the amount determined by the formula A × (B + C) where A is the taxable non-portfolio earnings of the SIFT partnership for the taxation year; B is the net corporate income tax rate in respect of the SIFT partnership for the taxation year; and C is the provincial SIFT tax rate of the SIFT partnership for the taxation year.

  2. 2008-06-18 to 2013-12-12 View Source
    Every partnership that is a SIFT partnership for a taxation year is liable to a tax under this Part equal to the amount determined by the formula A × (B + C) where A is the taxable non-portfolio earnings of the SIFT partnership for the taxation year; B is the net corporate income tax rate in respect of the SIFT partnership for the taxation year; and C is the provincial SIFT tax factorrate of the SIFT partnership for the taxation year.
    Full text

    Every partnership that is a SIFT partnership for a taxation year is liable to a tax under this Part equal to the amount determined by the formula A × (B + C) where A is the taxable non-portfolio earnings of the SIFT partnership for the taxation year; B is the net corporate income tax rate in respect of the SIFT partnership for the taxation year; and C is the provincial SIFT tax rate of the SIFT partnership for the taxation year.

  3. 2007-06-22 to 2008-06-18 View Source

    Every partnership that is a SIFT partnership for a taxation year is liable to a tax under this Part equal to the amount determined by the formula A × (B + C) where A is the taxable non-portfolio earnings of the SIFT partnership for the taxation year; B is the net corporate income tax rate in respect of the SIFT partnership for the taxation year; and C is the provincial SIFT tax factor for the taxation year.