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Versions of s. 34.1(6)

I-3.3 — Income Tax Act · 1 version

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

  1. 2004-08-31 to 2013-12-12 View Source

    For the purpose of section 34.2, where“A is the individual’s income from the business for the particular period (determined as if paragraphs 34.2(2)(a) to 34.2(2)(d) applied in computing that income), B is the lesser of the total of all amounts each of which is an amount included in the value of A in respect of the business and that is deemed to be a taxable capital gain for the purpose of section 110.6, and the total of the maximum amounts deductible under section 110.6 in computing the individual’s taxable income for the taxation year that includes the end of the particular period,”