Hyperlawhypertext legal database Income Tax Act

← Historical versions

Versions of s. 248(39)(c)

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    [Repealed, 2016, c. 12, s. 63]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    [Repealed, 2016, c. 12, s. 63]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
    if[Repealed, the2016, substantivec. gift12, iss. eligible capital property of the taxpayer, the amount determined under paragraph (a) in the description of E in the definition cumulative eligible capital in subsection 14(5) in respect of the substantive gift is to be reduced by the amount by which the fair market value of the property that is the subject of the gift (determined without reference to this section) exceeds the fair market value determined under paragraph (a).63]
    Full text

    [Repealed, 2016, c. 12, s. 63]

  3. 2013-06-26 to 2017-01-01 View Source

    if the substantive gift is eligible capital property of the taxpayer, the amount determined under paragraph (a) in the description of E in the definition cumulative eligible capital in subsection 14(5) in respect of the substantive gift is to be reduced by the amount by which the fair market value of the property that is the subject of the gift (determined without reference to this section) exceeds the fair market value determined under paragraph (a).