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Versions of s. 27.1(2)(b)

I-3.3 — Income Tax Act · 1 version · View current text

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

  1. 2017-01-01 to present available View Source

    the taxpayer is deemed to have acquired each of the identical emissions allowances at the particular time at a cost equal to the amount determined by the formula(A + B)/C where A is the total cost to the taxpayer immediately before the particular time of the previously-acquired emissions allowances, B is the total cost to the taxpayer (determined without reference to this section) of the newly-acquired emissions allowances, and C is the number of the identical emissions allowances owned by the taxpayer immediately after the particular time.