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Versions of s. 212.1(5)(b)

I-3.3 — Income Tax Act · 1 version · View current text

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

  1. 2018-12-13 to present available View Source

    to hold the interest in the other conduit that is held by the particular conduit in the proportion expressed by the formula A/B where A is the portion of the fair market value, at that time, of the person or partnership’s interest in the particular conduit that is attributable to the interest in the other conduit held by the particular conduit, and B is the total fair market value, at that time, of all direct interests (determined without reference to this subsection) in the other conduit.