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← Historical versions

Versions of s. 207.01(1), definition “rrsp strip”

I-3.3 — Income Tax Act · 4 versions · View current text

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

  1. 2017-12-14 to present available View Source
    RRSP strip,strip[Repealed, in2017, respectc. of33, as. RRIF or RRSP, means the amount of a reduction in the fair market value of property held in connection with the RRIF or RRSP, if the value is reduced as part of a transaction or event or a series of transactions or events one of the main purposes of which is to enable the controlling individual of the RRIF or RRSP, or a person who does not deal at arm’s length with the controlling individual, to obtain a benefit in respect of property held in connection with the RRIF or RRSP or to obtain a benefit as a result of the reduction, but does not include an amount that is68]
    Full text

    RRSP strip[Repealed, 2017, c. 33, s. 68]

  2. 2016-12-15 to 2017-12-14 View Source
    RRSP strip, in respect of a RRIF or RRSP, means the amount of a reduction in the fair market value of property held in connection with the RRIF or RRSP, if the value is reduced as part of a transaction or event or a series of transactions or events one of the main purposes of which is to enable the controlling individual of the RRIF or RRSP, or a person who does not deal at arm’s length with the controlling individual, to obtain a benefit in respect of property held in connection with the RRIF or RRSP or to obtain a benefit as a result of the reduction, but does not include an amount that is
    Full text

    RRSP strip, in respect of a RRIF or RRSP, means the amount of a reduction in the fair market value of property held in connection with the RRIF or RRSP, if the value is reduced as part of a transaction or event or a series of transactions or events one of the main purposes of which is to enable the controlling individual of the RRIF or RRSP, or a person who does not deal at arm’s length with the controlling individual, to obtain a benefit in respect of property held in connection with the RRIF or RRSP or to obtain a benefit as a result of the reduction, but does not include an amount that is

  3. 2013-12-12 to 2016-12-15 View Source
    RRSP strip, in respect of a RRIF or RRSP, means anthe amount usedof ora obtainedreduction byin the controllingfair individualmarket value of property held in connection with the RRIF or RRSP, or a person who does not deal at arm’s length withif the controllingvalue individual,is reduced as part of a transaction or event or a series of transactions or events one of the main purposes of which is to enable the controlling individual,individual of the RRIF or RRSP, or a person who does not deal at arm’s length with the controlling individual, to use or obtain thea benefit in respect of property held in connection with the RRIF or RRSP,RRSP or to obtain a benefit as a result of the reduction, but does not include an amount that is
    Full text

    RRSP strip, in respect of a RRIF or RRSP, means the amount of a reduction in the fair market value of property held in connection with the RRIF or RRSP, if the value is reduced as part of a transaction or event or a series of transactions or events one of the main purposes of which is to enable the controlling individual of the RRIF or RRSP, or a person who does not deal at arm’s length with the controlling individual, to obtain a benefit in respect of property held in connection with the RRIF or RRSP or to obtain a benefit as a result of the reduction, but does not include an amount that is

  4. 2011-12-15 to 2013-12-12 View Source

    RRSP strip, in respect of a RRIF or RRSP, means an amount used or obtained by the controlling individual of the RRIF or RRSP, or a person who does not deal at arm’s length with the controlling individual, as part of a transaction or event or a series of transactions or events one of the main purposes of which is to enable the controlling individual, or a person who does not deal at arm’s length with the controlling individual, to use or obtain the benefit of property held in connection with the RRIF or RRSP, but does not include an amount that is