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Versions of s. 251.2(7)

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. 2016-12-15 to present available View Source
    If at any time a trust is subject to a loss restriction event in a taxation year, subsection 249(4) does not apply to end the year for the purpose of this subsection or to determine the end of that year in applying subsection 132(6.1), paragraph 150(1)(c), paragraph (a) of the definition balance-due day in subsection 248(1) and subsection 204(2) of the Income Tax Regulations to the trustevent, in respect of the year.trust for its taxation year that ends immediately before that time,
    Full text

    If at any time a trust is subject to a loss restriction event, in respect of the trust for its taxation year that ends immediately before that time,

  2. 2014-12-16 to 2016-12-15 View Source

    If a trust is subject to a loss restriction event in a taxation year, subsection 249(4) does not apply to end the year for the purpose of this subsection or to determine the end of that year in applying subsection 132(6.1), paragraph 150(1)(c), paragraph (a) of the definition balance-due day in subsection 248(1) and subsection 204(2) of the Income Tax Regulations to the trust in respect of the year.