Hyperlawhypertext legal database Income Tax Act

← Historical versions

Versions of s. 204.81(8.4)(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.

  1. 2014-06-19 to present available View Source
    on the notification date, the percentage determined in respect of the corporation by the following formula is less than 20 per cent: A/(B – C) × 100 where A is the amount of equity capital received by the corporation on the issue of Class A shares that were issued in the 24 months immediately preceding the notification date and are still outstanding on that date, B is the total amount of equity capital received by the corporation on the issue of Class A shares that are still outstanding on the notification date, and C is the amount of equity capital received by the corporation on the issue of Class A shares that, as of the notification date, have been outstanding for at least eight years.
    Full text

    on the notification date, the percentage determined in respect of the corporation by the following formula is less than 20 per cent: A/(B – C) × 100 where A is the amount of equity capital received by the corporation on the issue of Class A shares that were issued in the 24 months immediately preceding the notification date and are still outstanding on that date, B is the total amount of equity capital received by the corporation on the issue of Class A shares that are still outstanding on the notification date, and C is the amount of equity capital received by the corporation on the issue of Class A shares that, as of the notification date, have been outstanding for at least eight years.

  2. 2013-06-26 to 2014-06-19 View Source

    on the notification date, the percentage determined in respect of the corporation by the following formula is less than 20 per cent: A/(B – C) × 100 where A is the amount of equity capital received by the corporation on the issue of Class A shares that were issued in the 24 months immediately preceding the notification date and are still outstanding on that date, B is the total amount of equity capital received by the corporation on the issue of Class A shares that are still outstanding on the notification date, and C is the amount of equity capital received by the corporation on the issue of Class A shares that, as of the notification date, have been outstanding for at least eight years.