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Versions of s. 40(1.1)

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
    In computing the amount that a taxpayer may claim under subparagraph (1)(a)(iii) in computing the taxpayer’s gain from the disposition of a property, that subparagraph shall be read as if the references in that subparagraph to “1/5” and “4” were references to “1/10” and “9” respectively, if,
    Full text

    In computing the amount that a taxpayer may claim under subparagraph (1)(a)(iii) in computing the taxpayer’s gain from the disposition of a property, that subparagraph shall be read as if the references in that subparagraph to “1/5” and “4” were references to “1/10” and “9” respectively, if,

  2. 2007-02-21 to 2017-12-14 View Source
    WhereIn computing the propertyamount referredthat toa taxpayer may claim under subparagraph (1)(a)(iii) in subparagraph 40(1)(a)(iii) is property that the taxpayer disposed of tocomputing the taxpayer’s child,gain whofrom wasthe residentdisposition of a property, that subparagraph shall be read as if the references in Canadathat immediatelysubparagraph beforeto the disposition,“1/5” and was“4” were references to “1/10” and “9” respectively, if,
    Full text

    In computing the amount that a taxpayer may claim under subparagraph (1)(a)(iii) in computing the taxpayer’s gain from the disposition of a property, that subparagraph shall be read as if the references in that subparagraph to “1/5” and “4” were references to “1/10” and “9” respectively, if,

  3. 2004-08-31 to 2007-02-21 View Source

    Where the property referred to in subparagraph 40(1)(a)(iii) is property that the taxpayer disposed of to the taxpayer’s child, who was resident in Canada immediately before the disposition, and was