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Versions of s. 212.1(6)(b)(i)

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

    each holder of an interest in the conduit is deemed, on a class-by-class basis, to have disposed, at that time, of the shares to the purchaser in the proportion expressed by the formula A/B where A is the fair market value, at that time, of the holder’s interest in the conduit, and B is the total fair market value, at that time, of all direct interests (determined without reference to subsection (5)) in the conduit, and