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Versions of s. 247(1), definition “arm s length allocation”

I-3.3 — Income Tax Act · 3 versions · View current text

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

  1. 2026-03-26 to present available View Source
    arm’s length allocationallocation[Repealed, means,2026, inc. respect3, ofs. a transaction, an allocation of profit or loss that would have occurred between the participants in the transaction if they had been dealing at arm’s length with each other. (attribution de pleine concurrence)93]
    Full text

    arm’s length allocation[Repealed, 2026, c. 3, s. 93]

  2. 2017-01-01 to 2026-03-26 View Source
    arm’s length allocation means, in respect of a transaction, an allocation of profit or loss that would have occurred between the participants in the transaction if they had been dealing at arm’s length with each other. (attribution de pleine concurrence)
    Full text

    arm’s length allocation means, in respect of a transaction, an allocation of profit or loss that would have occurred between the participants in the transaction if they had been dealing at arm’s length with each other. (attribution de pleine concurrence)

  3. 2004-08-31 to 2017-01-01 View Source

    arm’s length allocation means, in respect of a transaction, an allocation of profit or loss that would have occurred between the participants in the transaction if they had been dealing at arm’s length with each other.