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Versions of s. 248(1), definition “employee ownership trust”, para (j)

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.

  1. 2026-03-26 to present available View Source
    all or substantially all the fair market value of the property of the trust is attributablederived, todirectly or indirectly, from shares of the capital stock or indebtedness of one or more qualifying businesses that the trust controls;controls and that carry on an active business; (fiducie collective des employés)
    Full text

    all or substantially all the fair market value of the property of the trust is derived, directly or indirectly, from shares of the capital stock or indebtedness of one or more qualifying businesses that the trust controls and that carry on an active business; (fiducie collective des employés)

  2. 2024-06-20 to 2026-03-26 View Source

    all or substantially all the fair market value of the property of the trust is attributable to shares of the capital stock of one or more qualifying businesses that the trust controls; (fiducie collective des employés)