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Versions of s. 70(9.2)

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. 2017-01-01 to present available View Source
    Subsection (9.21) applies to a taxpayer and a child of the taxpayer in respect of a property of the taxpayer in respect of which subsection (5) would, if this Act were read without reference to this subsection, apply to the taxpayer and the child if
    Full text

    Subsection (9.21) applies to a taxpayer and a child of the taxpayer in respect of a property of the taxpayer in respect of which subsection (5) would, if this Act were read without reference to this subsection, apply to the taxpayer and the child if

  2. 2007-02-21 to 2017-01-01 View Source
    WhereSubsection at(9.21) anyapplies time property ofto a taxpayer that was, immediately before the taxpayer’s death, a share of the capital stock of a family farm corporation of the taxpayer or an interest in a family farm partnership of the taxpayer to which subsection 70(5) would otherwise apply is, as a consequence of the death, transferred or distributed toand a child of the taxpayer whoin wasrespect residentof a property of the taxpayer in Canadarespect immediatelyof beforewhich thesubsection death(5) andwould, itif canthis beAct shown,were withinread thewithout periodreference endingto 36this monthssubsection, after the death or, where written application therefor has been madeapply to the Ministertaxpayer byand the taxpayer’schild legal representative within that period, within such longer period as the Minister considers reasonable in the circumstances, that the property has vested indefeasibly in the child,if
    Full text

    Subsection (9.21) applies to a taxpayer and a child of the taxpayer in respect of a property of the taxpayer in respect of which subsection (5) would, if this Act were read without reference to this subsection, apply to the taxpayer and the child if

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

    Where at any time property of a taxpayer that was, immediately before the taxpayer’s death, a share of the capital stock of a family farm corporation of the taxpayer or an interest in a family farm partnership of the taxpayer to which subsection 70(5) would otherwise apply is, as a consequence of the death, transferred or distributed to a child of the taxpayer who was resident in Canada immediately before the death and it can be shown, within the period ending 36 months after the death or, where written application therefor has been made to the Minister by the taxpayer’s legal representative within that period, within such longer period as the Minister considers reasonable in the circumstances, that the property has vested indefeasibly in the child,