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Versions of s. 261(9)

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. 2017-12-14 to present available View Source
    A pre-transition debt of a taxpayer that is denominated in a currency other than the taxpayer’s elected functional currency is deemed to have been issued immediately before the taxpayer’s first functional currency year for the purposes of
    Full text

    A pre-transition debt of a taxpayer that is denominated in a currency other than the taxpayer’s elected functional currency is deemed to have been issued immediately before the taxpayer’s first functional currency year for the purposes of

  2. 2009-03-12 to 2017-12-14 View Source
    Where,A becausepre-transition debt of subsection (8), this subsection applies to a taxpayer forthat is denominated in a particularcurrency Canadianother than the taxpayer’s elected functional currency is deemed to have been issued immediately before the taxpayer’s first functional currency year offor the taxpayer,purposes in applying this Act to the taxpayer for that particular Canadian currency year, the following rules apply:of
    Full text

    A pre-transition debt of a taxpayer that is denominated in a currency other than the taxpayer’s elected functional currency is deemed to have been issued immediately before the taxpayer’s first functional currency year for the purposes of

  3. 2007-12-14 to 2009-03-12 View Source

    Where, because of subsection (8), this subsection applies to a taxpayer for a particular Canadian currency year of the taxpayer, in applying this Act to the taxpayer for that particular Canadian currency year, the following rules apply: