Versions of s. 212.2(2)(b)

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.

2016-12-15 to present available View Source

the amount of the dividend is deemed to be equal to the amount determined by the formula A - ((A/B) × C) where A is the portion of the proceeds of disposition of the property that can reasonably be attributed to the fair market value of shares of a class of the capital stock of a corporation resident in Canada, B is the fair market value immediately before that time of shares of that class, and C is the paid-up capital immediately before that time of that class of shares; and

Full text

the amount of the dividend is deemed to be equal to the amount determined by the formula A - ((A/B) × C) where A is the portion of the proceeds of disposition of the property that can reasonably be attributed to the fair market value of shares of a class of the capital stock of a corporation resident in Canada, B is the fair market value immediately before that time of shares of that class, and C is the paid-up capital immediately before that time of that class of shares; and
2004-08-31 to 2016-12-15 View Source

the amount of the dividend is deemed to be equal to the amount determined by the formula A - ((A/B) × C) where A is the portion of the proceeds of disposition of the property that can reasonably be attributed to the fair market value of shares of a class of the capital stock of a corporation resident in Canada, B is the fair market value immediately before that time of shares of that class, and C is the paid-up capital immediately before that time of that class of shares; and