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Versions of s. 205(2)

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. 2021-06-29 to present available View Source
    TheIf definitionsat the end of any month an individual has a cumulative excess amount, the individual shall, in subsectionrespect 146.4(1)of applythat inmonth, pay a tax under this Part.Part equal to 1% of that cumulative excess amount.
    Full text

    If at the end of any month an individual has a cumulative excess amount, the individual shall, in respect of that month, pay a tax under this Part equal to 1% of that cumulative excess amount.

  2. 2008-01-01 to 2017-12-14 View Source

    The definitions in subsection 146.4(1) apply in this Part.