Versions of s. 261(9)(h)(i)(B)(II)

Historical text comes from the Justice Laws point-in-time corpus and is unofficial — not the official version.

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

where the taxation year of the taxpayer in which an amount was paid was a functional currency year of the taxpayer, the amount determined by converting that amount (determined in the taxpayer’s functional currency for the functional currency year) to Canadian currency by using the reversionary exchange rate of the taxpayer for that functional currency year, and