Hyperlawhypertext legal database Income Tax Act

← Historical versions

Versions of s. 248(1), definition “cost amount”, para (d)

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. 2018-06-21 to present available View Source
    [Repealed, 2016, c. 12, s. 63]
    Full text

    [Repealed, 2016, c. 12, s. 63]

  2. 2017-01-01 to 2018-06-21 View Source
    where[Repealed, the2016, propertyc. was12, eligibles. capital property of the taxpayer in respect of a business, 4/3 of the amount that would, but for subsection 14(3), be determined by the formula A × B/C where A is the cumulative eligible capital of the taxpayer in respect of the business at that time, B is the fair market value at that time of the property, and C is the fair market value at that time of all the eligible capital property of the taxpayer in respect of the business,63]
    Full text

    [Repealed, 2016, c. 12, s. 63]

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

    where the property was eligible capital property of the taxpayer in respect of a business, 4/3 of the amount that would, but for subsection 14(3), be determined by the formula A × B/C where A is the cumulative eligible capital of the taxpayer in respect of the business at that time, B is the fair market value at that time of the property, and C is the fair market value at that time of all the eligible capital property of the taxpayer in respect of the business,