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← Historical versions

Versions of s. 207.04(6)

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. 2017-12-14 to present available View Source
    TheEach person who is a holder of a TFSARDSP that governsor a trustsubscriber shallof paya RESP at the time that a tax under this Part for a calendar year, in addition to any taxis imposed under subsection (1) forin connection with the year,plan ifis atjointly anyand timeseverally, inor solidarily, liable to pay the year the trust holds one or more properties that are prohibited investments for the trust.tax.
    Full text

    Each person who is a holder of a RDSP or a subscriber of a RESP at the time that a tax is imposed under subsection (1) in connection with the plan is jointly and severally, or solidarily, liable to pay the tax.

  2. 2009-01-01 to 2010-12-15 View Source

    The holder of a TFSA that governs a trust shall pay a tax under this Part for a calendar year, in addition to any tax imposed under subsection (1) for the year, if at any time in the year the trust holds one or more properties that are prohibited investments for the trust.