Versions of s. 66(18)

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.

2017-12-14 to present available View Source

For the purposes of this section, subsection 21(2), sections 59.1 and 66.1 to 66.7, paragraph (d) of the definition investment expense in subsection 110.6(1), the definition pre-production mining expenditure in subsection 127(9) and the descriptions of C and D in subsection 211.91(1), where a person’s share of an outlay or expense made or incurred by a partnership in a fiscal period of the partnership is included in respect of the person under paragraph (d) of the definition foreign exploration and development expenses in subsection (15), paragraph (h) of the definition Canadian exploration expense in subsection 66.1(6), paragraph (f) of the definition Canadian development expense in subsection 66.2(5), paragraph (e) of the definition foreign resource expense in subsection 66.21(1) or paragraph (b) of the definition Canadian oil and gas property expense in subsection 66.4(5), the portion of the outlay or expense so included is deemed, except for the purposes of applying the definitions foreign exploration and development expenses, Canadian exploration expense, Canadian development expense, foreign resource expense and Canadian oil and gas property expense in respect of the person, to be made or incurred by the person at the end of that fiscal period.

Full text

For the purposes of this section, subsection 21(2), sections 59.1 and 66.1 to 66.7, paragraph (d) of the definition investment expense in subsection 110.6(1), the definition pre-production mining expenditure in subsection 127(9) and the descriptions of C and D in subsection 211.91(1), where a person’s share of an outlay or expense made or incurred by a partnership in a fiscal period of the partnership is included in respect of the person under paragraph (d) of the definition foreign exploration and development expenses in subsection (15), paragraph (h) of the definition Canadian exploration expense in subsection 66.1(6), paragraph (f) of the definition Canadian development expense in subsection 66.2(5), paragraph (e) of the definition foreign resource expense in subsection 66.21(1) or paragraph (b) of the definition Canadian oil and gas property expense in subsection 66.4(5), the portion of the outlay or expense so included is deemed, except for the purposes of applying the definitions foreign exploration and development expenses, Canadian exploration expense, Canadian development expense, foreign resource expense and Canadian oil and gas property expense in respect of the person, to be made or incurred by the person at the end of that fiscal period.
2013-06-26 to 2017-12-14 View Source

For the purposes of this section, subsection 21(2), sections 59.1 and 66.1 to 66.7, paragraph (d) of the definition investment expense in subsection ~~110.6(1)~~110.6(1), the definition pre-production mining expenditure in subsection 127(9) and the descriptions of C and D in subsection 211.91(1), where a person’s share of an outlay or expense made or incurred by a partnership in a fiscal period of the partnership is included in respect of the person under paragraph (d) of the definition foreign exploration and development expenses in subsection (15), paragraph (h) of the definition Canadian exploration expense in subsection 66.1(6), paragraph (f) of the definition Canadian development expense in subsection 66.2(5), paragraph (e) of the definition foreign resource expense in subsection 66.21(1) or paragraph (b) of the definition Canadian oil and gas property expense in subsection 66.4(5), the portion of the outlay or expense so included is deemed, except for the purposes of applying the definitions foreign exploration and development expenses, Canadian exploration expense, Canadian development expense, foreign resource expense and Canadian oil and gas property expense in respect of the person, to be made or incurred by the person at the end of that fiscal period.

Full text

For the purposes of this section, subsection 21(2), sections 59.1 and 66.1 to 66.7, paragraph (d) of the definition investment expense in subsection 110.6(1), the definition pre-production mining expenditure in subsection 127(9) and the descriptions of C and D in subsection 211.91(1), where a person’s share of an outlay or expense made or incurred by a partnership in a fiscal period of the partnership is included in respect of the person under paragraph (d) of the definition foreign exploration and development expenses in subsection (15), paragraph (h) of the definition Canadian exploration expense in subsection 66.1(6), paragraph (f) of the definition Canadian development expense in subsection 66.2(5), paragraph (e) of the definition foreign resource expense in subsection 66.21(1) or paragraph (b) of the definition Canadian oil and gas property expense in subsection 66.4(5), the portion of the outlay or expense so included is deemed, except for the purposes of applying the definitions foreign exploration and development expenses, Canadian exploration expense, Canadian development expense, foreign resource expense and Canadian oil and gas property expense in respect of the person, to be made or incurred by the person at the end of that fiscal period.
2004-08-31 to 2013-06-26 View Source

For the purposes of this section, subsection 21(2), sections 59.1 and 66.1 to 66.7, paragraph (d) of the definition investment expense in subsection 110.6(1) and the descriptions of C and D in subsection 211.91(1), where a person’s share of an outlay or expense made or incurred by a partnership in a fiscal period of the partnership is included in respect of the person under paragraph (d) of the definition foreign exploration and development expenses in subsection (15), paragraph (h) of the definition Canadian exploration expense in subsection 66.1(6), paragraph (f) of the definition Canadian development expense in subsection 66.2(5), paragraph (e) of the definition foreign resource expense in subsection 66.21(1) or paragraph (b) of the definition Canadian oil and gas property expense in subsection 66.4(5), the portion of the outlay or expense so included is deemed, except for the purposes of applying the definitions foreign exploration and development expenses, Canadian exploration expense, Canadian development expense, foreign resource expense and Canadian oil and gas property expense in respect of the person, to be made or incurred by the person at the end of that fiscal period.