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← Historical versions

Versions of s. 34.2(5)(a)(v)

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. 2013-12-12 to present available View Source
    an amountamount, a portion of which is included in income under subsectionparagraph (12)(12)(a), or is deemed to be a taxable capital gain under paragraph (12)(b), in respect of thea partnership for the yearyear, is deemed to have the same character and to be in the same proportions as the amount deductedclaimed as a reserve under subsection (11) in respect of the partnership for the immediately preceding taxation year; and
    Full text

    an amount, a portion of which is included in income under paragraph (12)(a), or is deemed to be a taxable capital gain under paragraph (12)(b), in respect of a partnership for the year, is deemed to have the same character and to be in the same proportions as the amount claimed as a reserve under subsection (11) in respect of the partnership for the immediately preceding taxation year;

  2. 2011-12-15 to 2013-12-12 View Source

    an amount included in income under subsection (12) in respect of the partnership for the year is deemed to have the same character and to be in the same proportions as the amount deducted under subsection (11) for the immediately preceding taxation year; and