Versions of s. 204.82(2.2)(c.1)

the specified adjustment in respect of shareholders’ equity in the corporation at the end of a taxation year is the amount determined by the formula(A × (B/C)) - D where A is the shareholders’ equity at the end of the year, B is the total of the fair market value at the end of the year of all Class A shares issued by it before March 6, 1996 and more than five years before the end of the year, the fair market value at the end of the year of all Class A shares issued by it after March 5, 1996 and more than eight years before the end of the year, the fair market value at the end of the year of all Class A shares issued by it in the last 60 days of the year, and if the corporation so elects in writing filed with the Minister not more than six months after the end of the year and is not a revoked corporation at the end of the year, the fair market value at the end of the year of all shares of classes, of the capital stock of the corporation, to which clause 204.81(1)(c)(ii)(C) applies, C is the fair market value at the end of the year of all shares issued by it, and D is the amount by which the shareholders’ equity in the corporation at the end of the year has been reduced to take into account the expected subsequent redemption of shares of the capital stock of the corporation; and